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UK police charge man after anti-Muslim incidents in London May 16, 2024 07:20AM

LONDON (Reuters) - British police charged a man with multiple counts of racially aggravated criminal damage on Thursday, after a series of anti-Muslim incidents last October and November at the office that serves Palestinian interests as well as mosques and businesses in the capital.

Police said Jonathan Katan was arrested last November after red paint was thrown or sprayed at a number of different locations on 11 occasions between Oct. 16 and Nov.... (continue reading...)


Lufthansa offers short-haul compromise for ITA deal, sources say May 16, 2024 07:15AM

By Foo Yun Chee, Ilona Wissenbach and Angelo Amante

BRUSSELS/FRANKFURT/ROME (Reuters) - Lufthansa has offered to keep some competing ITA short-haul routes in an effort to secure EU antitrust approval for its bid for a stake in the Italian airline, people with direct knowledge of the matter said on Thursday.

The offer is part of a package of remedies submitted to EU competition enforcers last week to allay concerns that the deal could... (continue reading...)


ECB's Centeno sees lower interest rates soon, no word on June decision May 16, 2024 07:12AM

LISBON (Reuters) - Euro zone inflation is in a sustained decline towards 2% and the European Central Bank's interest rates will certainly start diminishing, ECB policymaker Mario Centeno said on Thursday, declining to predict whether it will happen at the next meeting in June.

"This nearing of the inflation rate towards 2% is real and we are certain that the monetary policy interest rate will come down," he told a news briefing in Lisbon.

... (continue reading...)
Walmart lifts full-year sales and profit forecast, shares rally May 16, 2024 07:12AM

(Reuters) -U.S. retail giant Walmart raised its fiscal 2025 sales and profit forecast on Thursday, betting on easing inflation to further boost demand for essentials and bring a rebound in sales of discretionary products like electronics.

Shares of the Bentonville, Arkansas-based company were up 6%in premarket trading.

The retail bellwether now expects annual consolidated net sales to rise at the high end or slightly above its prior... (continue reading...)


Factbox-What new right-wing Dutch government plans to do May 16, 2024 07:12AM

AMSTERDAM (Reuters) - After months of tense negotiations, Dutch nationalist Geert Wilders and his coalition partners have struck a deal to form a right-wing government. Here is an overview of their main plans:

IMMIGRATION

The coalition aims to have the strictest admittance policy for asylum seekers among EU countries and says it will request an opt out of common EU rules for migration.

Border controls will be intensified,... (continue reading...)


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