LONDON, Feb 9 (Reuters) - British Prime Minister Keir Starmer should resign, Anas Sarwar, the leader of the Scottish Labour Party said on Monday, becoming the most senior Labour politician to publicly oppose Starmer's leadership in the wake of the Mandelson-Epstein scandal.
Starmer is under mounting pressure from within his party over his decision to appoint Peter Mandelson as ambassador to the United States. Files released 10 days ago showed the... (continue reading...)
Feb 9 (Reuters) - Loews Corp on Monday reported weakness in most of its business units including its flagship insurance business due to softer underwriting which was partially offset by returns on investments.
Its insurance unit's core income decreased to $317 million in the fourth-quarter, from $342 million a year earlier, driven by lower underwriting and an unfavorable non-economic charge related to the asbestos and environmental pollution loss... (continue reading...)
By Nevzat Devranoglu and Jonathan Spicer
ANKARA, Feb 9 (Reuters) - Turkey's central bank is expected to revise upwards its 2026 inflation forecasts this week and possibly slow or even halt rate cuts in coming months, which analysts say would be another hitch in its easing cycle after prices soared again in January.
Some state officials and analysts say the central bank can either slow the interest rate cuts that began more than a year... (continue reading...)
Feb 9 (Reuters) - Wall Street's main indexes opened lower on Monday after a week when AI disruption concerns caused technology stocks to tumble, while investors awaited crucial economic data for insight into the U.S. Federal Reserve's interest-rate path.
The Dow Jones Industrial Average fell 67.9 points, or 0.14%, to 50,047.79 at the open. The S&P 500 fell 15.0 points, or 0.22%, to 6,917.26, while the Nasdaq Composite dropped 79.0 points,... (continue reading...)
By Ali Sawafta and Emily Rose
RAMALLAH/JERUSALEM, Feb 9 (Reuters) - Saudi Arabia, Jordan and the United Arab Emirates led regional states on Monday in condemning Israel's move to ease settlement expansion and widen its powers in the West Bank, a step critics said went in the direction of annexing occupied land.
Sunday's decisions by Israel's security cabinet will make it easier for Jewish settlers to buy land in the West Bank and give... (continue reading...)
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