The latest short-form news audio from FSN Bureaus worldwide
The rally on Wall Street continues with US markets up for a third street day following the release of new inflation data.
And shares of Domino's Pizza rose sharply after the company announced plans to partner with food delivery apps.
Ira Spitzer reports.
IN: June's consumer price....
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Inflation in the US rose at its lowest pace in more than two years, according to new figures from the Labor Department for the month of June.
Cheaper used vehicles and airline tickets have helped ease price pressures.
Ira Spitzer has more.
IN: June's Consumer Price...
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Mortgage repayments are set to increase by £500 or more a month for almost 1 million British households.
This comes as fixed mortgage rates reached a 15 year high earlier this week and interest rates continue to rise.
Simon Gaitán reports…
In: The Bank of England
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Dur: 0:59
http://www.fsnradionews.com/feeds/07:12-UKMortgagePaymentsRise.mp3
South African power utility Eskom is unable to meet a sudden increase in demand. Cold weather has triggered a ten percent increase in electricity consumption. Higher stages of scheduled power outages will remain in place until Eskom’s generating capacity has improved.
Mark Roughton reports.
IN: “Analysts have been warning…”
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DUR: 0:36
http://www.fsnradionews.com/feeds/0712Cold-weather-power-cuts.mp3
CUE: Japan and South Korea say North Korea has fired a suspected intercontinental ballistic missile, or I-C-B-M, that landed in the sea short of Japan. Earlier this week, North Korea threatened to shoot down US spy planes if they flew over the country.
Andrew Wood reports from Hong Kong
IN: “This is…..
OUT: …Andrew Wood, Hong Kong.”
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DOWNLOAD: http://www.fsnradionews.com/feeds/0712koreamissile-aw-hk.mp3
NATO leaders say they won't commit to a time frame to allow Ukraine to become a member of the alliance, despite criticism from Ukrainian president Volodomyr Zelenskyy, who attended the NATO summit in Lithuania.
At the close of day one of the summit, the alliance published a communique saying that it will be in a position to extend an invitation to Ukraine "when allies agree and conditions are met."
There was one concession for Kyiv though - making the eventual inclusion of Ukraine into NATO, a one step not two step process.
Julia Chapman is in Vilnius -- and sent this update:
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DUR: 1:09
US markets continued their strong start to the week with the three major indices all up for a second straight day.
And shares of Activision Blizzard got a boost after a judge ruled its merger with Microsoft can proceed.
Ira Spitzer reports.
IN: Tuesday's trading session...
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DUR: 54
A federal judge has ruled that Microsoft can proceed with its acquisition of the video game maker Activision, a major blow to the Federal Trade Commission which is seeking to block the merger over antitrust concerns.
The 69 billion dollar deal is the largest-ever acquisition in the gaming industry.
Ira Spitzer reports.
IN: The Federal Judge...
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DUR: 44
Fixed mortgage rates in the UK have reached their highest level in 15 years.
New figures released on Tuesday showed that the average two-year fixed mortgage rate increased to 6.66% today.
This came just before lenders faced questioning by MPs about the impact the mortgage market is having on customers.
Simon Gaitán reports…
In: Mortgage rates
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Dur: 0:52
http://www.fsnradionews.com/feeds/07:11-UKMortgageRateHigh.mp3