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British retailers report slowdown

Bloomberg UK retailers reported their slowest sales growth in five months during July as consumers shifted toward spending on entertainment and social gatherings and away from in-store shopping. The volume of goods sold in shops and online grew 6.4% in July compared to last year, the British Retail Consortium and KPMG said. A separate survey from Barclaycard showed more money ...

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European leaders point fingers at US after rapid fall of Kabul

Bloomberg European leaders struggled to mask their frustration with President Joe Biden’s decision to withdraw the last US soldiers from Afghanistan and sought to distance themselves from the dramatic scenes unfolding across the war-torn country. German Chancellor Angela Merkel told reporters that the Nato mission in Afghanistan was “fundamentally dependent” on the US while French President Emmanuel Macron stressed that ...

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China conducts live-fire military exercises in South of Taiwan

Bloomberg China announced naval and aerial live-fire military exercises in areas south of Taiwan on Tuesday, without saying how close to the democratically ruled island the drills were. Combat ships, anti-submarine aircrafts and fighter jets were among the forces that joined the exercises “to test integrated operational capability” in territory southwest and southeast of Taiwan, Shi Yi, spokesperson of the ...

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