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department is likely to confirm prices are calling. but with inflation still stubbornly high, policy makers here as in many other developed economies aren't done raising interest rates. michelle fleury reporting. let's quickly show you how markets reacted. investors hope there may be a chance the us economy could avoid falling into a recession so we saw a bit of a rally in all the main indices. let's show you how japan's all the main indices. let's show you howjapan�*s nikkei has started, down by almost i%, profit—taking also happening as well. in other news, sporting goods giant...

and collaring the "hound pound". why going dog—friendly could unleash a $50 billion market for the travel industry. hello, i'm sally bundock. let's get on with the business stories. we start here in the uk, where the ftse 100 index of leading shares had its worst day since last summer on concerns interest rates may have to stay higher for longer. that's after the rate of inflation unexpectedly went up in decemberfor the first time in almost a year, despite expectations of a fall. the consumer price index showed prices rising at an annual rate of 4% last month, up from 3.9% in novem...

it's saturday 2a june. our main story: the kremlin has ordered the arrest of the leader of its mercenary group, wagner, which has been assisting the country in its war against ukraine. yevgeny prigozhin has been accused of mutiny by russia — it's after he called for a rebellion against russia's army. it follows accusations of a deadly attack on wagner forces. the fighters have left ukraine and entered russia, where security has been stepped up. vincent mcavinney reports. operation fortress activating in moscow. in the middle of the night, military vehicles protecting kremlin buildi...

111 years. our starting question, titanic, time to stop exploring? get in touch. here is the news from karishma patel. the co—founder of the company that built the titan submersible has rejected some of the criticisms over safety and certification. guillermo sohnlein says the sub was iii years in development and went through rigorous safety checks. banks and building societies are meeting the chancellor, jeremy hunt, this morning to discuss the upheaval in the mortgage market. the government and lenders are under pressure to do more to help those struggling with rising mortgage rat...

stimulus will come, but it will be limited. just to barely make it to 5% and possibly slightly below 5% next year. it to 596 and possibly slightly below 596 next year.- below 596 next year. these attacks on _ below 596 next year. these attacks on commercial - below 596 next year. these - attacks on commercial shipping in the red sea — what's the impact likely to be on china and asia? surely these countries also need the goods that are being shipped from that are being shipped from that region?— that are being shipped from that reuion? ~ ., , , that region? well, absolutely. china...