Reuters

LONDON (Reuters) - The pound was headed for its fifth weekly gain against the euro on Thursday, having hit its highest in almost two years against the single European currency, which was rattled by political uncertainty in France.

The euro fell to its lowest against the pound since late August 2022 this week, after the success of far-right parties in a European Union parliamentary election at the weekend prompted French President Emmanuel Macron to... (continue reading...)

DUBAI (Reuters) -A merchant vessel issued a distress call reporting a missile impacting the vessel approximately 129 nautical miles east of Yemen's Aden while on route from Malaysia to Italy's Venice, British maritime security firm Ambrey said on Thursday.

Ambrey said it assessed the vessel to be aligned with "the Houthi target profile."

The U.S. Navy’s 5th fleet did not immediately respond to a request for confirmation.

BEIJING (Reuters) - Chinese automaker Geely on Thursday expressed "great disappointment" in the European Union's decision to increase tariffs on Chinese-made electric vehicles, vowing "all necessary measures" to safeguard its legitimate rights.

"We call on the European Commission to carefully consider its decision, listen to the concerns of all parties, and work together to find a solution that promotes fair competition, whilst creating a constructive... (continue reading...)

VATICAN CITY (Reuters) - Pope Francis will meet with the leaders of the United States, Ukraine, France and India on the sidelines of the Group of 7 (G7) summit in Italy's Borgo Egnazia, the Vatican said on Thursday.

Francis, who in January warned against the "perverse" dangers of artificial intelligence, is due to take part in leaders' talks on the new technology on Friday.

He is the first pope to take part in G7 discussions.

MANCHESTER, England (Reuters) - Britain's opposition Labour Party, which is currently way ahead in opinion polls before an election next month, said it would reform parliament's upper chamber to remove the right of hereditary peers to sit in the House of Lords.

The grand, centuries-old ornate red and gold chamber in the Palace of Westminster currently has about 800 members, whose places are obtained by arcane rules.

Most are appointed by... (continue reading...)