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Navalny takes part in a rally in Moscow. February 29, 2020. REUTERS/Shamil Zhumatov
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- Russian opposition leader Alexei Navalny has died, the prison service of the Yamalo-Nenets region where he had been serving his sentence said. According to the statement, Navalny “felt unwell” after a walk on Friday, and “almost immediately lost consciousness”.
- Egypt is preparing an area at the Gaza border which could accommodate Palestinians in case an Israeli offensive into Rafah prompts an exodus across the frontier, four sources said, in what they described as a contingency move by Cairo. Follow the latest news on the war.
- Britain’s Labour Party dealt a crushing blow to Prime Minister Rishi Sunak’s Conservatives, winning contests for two new lawmakers in votes that indicated the opposition party was on track to win a national election later this year. Sunak said Conservatives had more “work to do” after the by-election defeats.
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- Politicians, military officers and diplomats from around the world are gathering in Munich for a security conference. Europe Affairs Editor Andrew Gray tells the Reuters World News podcast the event will be dominated by the wars in Israel and Ukraine as well as fears over the US commitment to defending its allies.
- Ukrainian President Volodymyr Zelenskiy was expected to visit Germany and France to try to drum up vital military assistance and sign bilateral security commitments as the war nears its third year. The trip comes as Kyiv’s troops are trying to hold back Russian forces closing in on the eastern town of Avdiivka.
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- A New York state judge is expected to rule in a $370 million civil fraud case against former US President Donald Trump, who is accused of inflating his net worth to dupe bankers into giving him better loan terms. Justice Arthur Engoron’s ruling could deal a major blow to Trump’s real estate empire.
- Separately, Fani Willis, the Georgia prosecutor supervising the election interference case against Trump, is due to testify again after rebuking defense lawyers for suggesting that she benefited from a romantic relationship with a colleague. For more election news, sign up to On the Campaign Trail.
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- British retail sales jumped by the most in almost three years, suggesting the economy could emerge quickly from its recession in the second half of last year. Sales volumes increased by 3.4% from December, much stronger than the median forecast of a 1.5% increase in a Reuters poll of economists.
- HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans, said two people with knowledge of the matter. The initiative comes as HSBC’s pivot toward Asia coincides with economic turmoil in mainstay market China.
- The Bank of Japan is on track to end negative interest rates in coming months despite the economy’s fall into recession, say sources familiar with its thinking, though weak domestic demand means they may seek more clues on wage growth before acting.
- Nike will cut about 2% of its total workforce , or more than 1,600 jobs, as the sportswear giant looks to reduce costs after flagging weaker profits this year. Nike’s global peers Adidas, Puma and JD Sports, too, have warned of weaker earnings this year, as consumers decrease non-essential spending.
- OpenAI is working on a software that can generate minute-long videos based on text prompts. The software, called Sora, is currently available for red teaming, which helps identify flaws in the AI system, as well as for use by visual artists, designers and filmmakers to gain feedback on the model, the company said.
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- Markets in China return from the week-long Lunar New Year holiday on Monday, and investors are looking out for what Beijing does next to shore up its battered stock market. For more on the week ahead in world markets, read Take Five.
- While gains of the so-called Magnificent Seven have been the story of the US stock market over the past year, one of those megacap tech and growth stocks has been the main character: Nvidia, and it reports quarterly results on Feb. 21.
- Singapore will play host to Asia’s biggest air show for the first time since the end of COVID border restrictions, with regional travel rebounding and the military side of the show bristling with defensive systems and nervous arms buyers.
- WikiLeaks founder Julian Assange’s last-ditch legal challenge to stop his extradition from Britain to the United States where he is wanted on criminal charges will be held at London’s High Court.
- Feb. 24 will mark two years since Russia launched its full-scale invasion of Ukraine. The anniversary is an unwelcome reminder of the war’s ongoing and multifaceted toll.
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Revelers take part in a fight with oranges during an annual carnival battle in Ivrea, Italy. REUTERS/Guglielmo Mangiapane
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From Super Bowl LVIII in Las Vegas to the Carnival parade in Rio de Janeiro, we bring you a selection of some of our top photos from around the world this week.
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Zendaya attends the world premiere of “Dune: Part Two” in London. REUTERS/Hannah McKay
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The desert planet Arrakis came to London’s Leicester Square as the star-studded “Dune: Part Two”, the second instalment of the sci-fi epic featuring Timothee Chalamet and Zendaya, rolled into town for the movie’s world premiere.
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/N4LRF7RAKRPUPIOWA7UG7U55RE.jpg "Navalny is dead, says prison service 44")
/cloudfront-us-east-2.images.arcpublishing.com/reuters/MFP2NF35XJK6TKUEJO2PXJTLBE.jpg "Navalny is dead, says prison service 49")
/cloudfront-us-east-2.images.arcpublishing.com/reuters/E7W6PPNVVZPZDIZ4BBSIQ6ZCNY.jpg "Navalny is dead, says prison service 50")
