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Man seriously injured after shots fired outside Serbian parliament

One person was detained and police secured the scene, officials and local media reported

International News via Reuters:

A man was seriously injured on Wednesday when shots were fired outside the parliament building in Belgrade near a tent erected by supporters of Serbian President Aleksander Vucic. 

One person was detained and police secured the scene, officials and local media reported. Vucic told a government event he was addressing he had to leave early due to “a terrorist act that has just happened in front of the Serbian assembly building”.

Huge street protests have been going on for a year against Vucic, triggered by the collapse of a train station awning in the city of Novi Sad last November that killed 16 people and that many blame on government neglect and corruption.

The shooting took place in a park between the parliament and Vucic’s office where his supporters have erected tents to block the protesters from approaching the buildings. No protest was going on at the time.

One video posted online showed armed security officers approaching one of the tents as a man hobbled away from the scene. A few shots were fired and then a fire broke out inside the tent, according to a video posted on the NOVA media outlet, the location of which was verified by Reuters.

It was not clear who fired the shots or started the fire, which was put out soon after.

A 70-year-old man shot a 57-year-old man in the leg and then shot a gas canister in the tent camp, Telegraf.rs reported, citing sources.

Health Minister Zlatibor Loncar told reporters that a man had a serious wound and would have to be operated on urgently.

Another video posted on X and verified by Reuters showed a man lying on the ground with his hands behind his back and surrounded by police officers.

A Reuters reporter saw fire engines and police surrounding the site. Local police declined to comment but one officer at the scene said “there is no danger anymore”. 

Additional reporting by Antonis Pothitos and Daria Sito-Sucic; Writing by Edward McAllister; Editing by Philippa Fletcher

Hospitality industry given insight into traveler trends

The International Bermuda Partnership Summit was held at the Hamilton Princess & Beach Club on Monday

Refining the way travellers want to see the island could be key to broadening the marketing base.


It was a topic during a panel discussion on the State of the Industry: Trends Shaping Travel Today at the Bermuda Tourism Authority’s International Bermuda Partnership Summit held at the Hamilton Princess and Beach Club this week.


The event drew industry stakeholders in hospitality, business, marketing and aviation to assess Bermuda’s outlook.


In a question from the audience, one representative from the non-profit sector asked panellists how they can effectively collaborate with the Bermuda Tourism Authority to help lure visitors to key historical sites on island.

Journalist and communications strategist Scott Mayerowitz, Founder of GlobeTrotScott Strategies gave some practical advice.

Marico Thomas, Chamber of Commerce President asked the panel how Bermuda can improve upon its entertainment offerings.

Major grocers seek reform to bring operating costs down

Minister of HomeAffairs Alexa Lightbourne said a temporary 20% reduction to prices for essential goods is part of wider reform under the Affordable Bermuda Agenda

Major grocers plus wholesalers have agreed to reduce the price of essential items by 20%, starting November 1st.


This is only in effect for 9 months while grocers await measures to help lower their operating costs.


Alexa Lightbourne, Minister of Home Affairs, spoke with Jasmine Patterson about the first phase of Government’s Affordable Bermuda Agenda.


Following a series of public and stakeholder surveys, she said they’ve taken a laser focused approach to lowering consumer costs.

To view the full Affordable Bermuda Agenda report, go online to gov.bm.

Paris’ Louvre reopens after heist, as backlash grows over security flaws

Visitors queued to enter through the Louvre’s glass pyramid for the first time since Sunday’s brazen robbery

International News via Reuters:

The Louvre in Paris reopened on Wednesday, three days after thieves made off with historic jewellery worth an estimated 88 million euros ($102 million) in a spectacular heist that has raised urgent questions over security lapses at the museum.

Visitors queued to enter through the Louvre’s glass pyramid for the first time since Sunday’s brazen robbery, in which hooded assailants broke through a second-floor window using a stolen movers’ lift before making off with jewels from the royal collection.

Later on Wednesday the museum’s director will appear before the French Senate to answer lawmakers’ questions.

The Galerie d’Apollon, the ornate gilded hall that was robbed, remains closed.

Amid rising frustration in France that no senior official has taken responsibility, French Interior Minister Laurent Nunez said there had clearly been security failures and Culture Minister Rachida Dati had launched an administrative inquiry.

“There was a burglary at the Louvre, some of the most precious jewels in France were stolen. So obviously it’s a failure, there is nothing else I can say,” Nunez told Europe 1 radio.

But he added that “the alarm system worked perfectly, as soon as the window was attacked, it was activated. Police were notified, and within three minutes they were on the scene. The whole system worked, it didn’t fail, but what happened has happened.”

He declined to comment on the police manhunt, but said he was confident the perpetrators would be found.

Dati came under fire after saying in parliament on Tuesday there had not been any security lapses.

MUSEUM DIRECTOR TO BE HEARD IN SENATE

Louvre director Laurence des Cars will be questioned by senators later on Wednesday. Des Cars warned in January that the centuries-old building was in a dire state.

President Emmanuel Macron has announced a six-year renovation of the Louvre, which will include money for security upgrades. Asked on RTL radio whether state budget cuts had led to security lapses in French museums, the head of France’s national audit office Pierre Moscovici said that was not the case for the Louvre.

“It is richly endowed, there are sponsorships, really, the Louvre is not without resources.”

Built in the late 12th century, the Louvre Palace used to be the official residence of the kings of France, until Louis XIV abandoned it for Versailles. It was turned into a museum for the royal art collection in 1793, four years after the French Revolution.

It is now the world’s most-visited museum, with 8.7 million visitors last year. It hosts the Mona Lisa, the world’s most famous painting, and the Venus de Milo statue, as well as countless old masters.

($1 = 0.8575 euros)

Reporting by Geert De Clercq and Manuel Ausloos;Editing by Alexandra Hudson

UK inflation holds at 3.8% in surprise boost for Reeves and BoE

Annual consumer price inflation remained at 3.8% for the third month running, its joint highest since the start of 2024, the Office for National Statistics said on Wednesday

International News via Reuters:

British inflation unexpectedly held steady in September, raising the prospect of a Bank of England interest rate cut this year and offering some relief to finance minister Rachel Reeves ahead of her budget in November.

Annual consumer price inflation remained at 3.8% for the third month running, its joint highest since the start of 2024, the Office for National Statistics said on Wednesday.

Price growth in Britain remains the fastest among the world’s rich advanced economies but the Bank of England and most economists polled by Reuters had expected a further rise to 4.0%.

Inflation in the services sector – closely watched by the BoE as a gauge of underlying price pressures in the economy – stayed at 4.7%, also below the Reuters poll forecast of a rise to 4.9%.

‘THIS IS THE PEAK’, ECONOMIST SAYS

Sterling slid by more than half a cent against the U.S. dollar and investors moved to price a 75% chance of the BoE cutting rates at its December meeting, up sharply from a 46% probability before the inflation data was published.

“On balance the UK’s inflation problem looks slightly less bad now than it did a few weeks ago,” Luke Bartholomew, deputy chief economist at investment firm Aberdeen said.

Ellie Henderson, an economist at bank Investec, said the year-long climb in British inflation appeared to be over.

“A 3.8% headline inflation rate is still uncomfortable for the Bank of England – it is nearly double its 2% inflation target. However we are of the view that this is the peak,” Henderson said.

As well as complicating the BoE’s attempts to support a weakening economy with lower borrowing costs, Britain’s high inflation has added to the government’s huge debt costs at a time when other demands on public spending are rising.

BUDGET COULD TACKLE COST OF LIVING

Reeves is likely to increase taxes in her budget on November 26 in order to show jittery investors that she remains on course to meet her fiscal targets, and analysts have warned that some options could push up inflation next year.

Shortly after Wednesday’s data was published, Reeves said she was not satisfied and suggested she was preparing measures in her budget to help bring down the cost of living.

“For too long, our economy has felt stuck, with people feeling like they are putting in more and getting less out,” Reeves said in a statement.

“That needs to change. All of us in government are responsible for supporting the Bank of England in bringing inflation down. I am determined to ensure we support people struggling with higher bills and the cost of living challenges.”

The International Monetary Fund said last week that Britain’s inflation rate would be the highest among the Group of Seven economies in 2025 and 2026.

The BoE has previously said it expects British consumer price inflation to gradually weaken from now on but only hit its 2% target in the April-to-June period of 2027.

Wednesday’s data showed transport pushed up the headline inflation rate while recreation and culture and food and non-alcoholic beverages made the largest downward contributions.

Britain’s labour market is losing steam but BoE policymakers have been split on how much inflation heat remains in the economy, with inflation expectations among the public rising in recent months.

The BoE says those expectations are sensitive to rises in food prices. The ONS data showed that in the 12 months to September food prices increased by 4.3%, slower than August’s 4.8% climb.

Separate figures from the ONS showed factory gate prices rose by 3.4% in the 12 months to September, speeding up from 3.1% in August.

Writing by William Schomberg and Suban Abdulla; Editing by Kate Holton, Elaine Hardcastle and Alison Williams

Exclusive-Apple hit with EU antitrust complaint over App Store terms

The joint complaint by Article 19 and Germany’s Society for Civil Rights to the European Commission could pose yet another headache for Apple

International News via Reuters:

Apple was hit with a complaint to EU antitrust regulators by two civil rights groups on Wednesday over the terms and conditions of its App Store and devices for allegedly breaching landmark rules aimed at reining in Big Tech.

The joint complaint by Article 19 and Germany’s Society for Civil Rights to the European Commission could pose yet another headache for Apple, which was fined 500 million euros ($583 million) in April for violating the Digital Markets Act.

Apple did not immediately respond to a request for comment. The EU executive, which acts as the bloc’s competition enforcer, did not have any immediate comment.

The complaint, not previously reported, was shared with Reuters ahead of its publication.

The DMA sets out a list of dos and don’ts for Big Tech firms aimed at allowing smaller rivals into markets dominated by the largest companies and giving users more choice.

The complaint targets Apple’s business terms and conditions for its App Store, iOS and iPadOS operating systems, saying that these prevent and impede interoperability for small businesses with Apple devices.

It also takes aim at restrictions on the installation and use of third-party software apps and app stores which it said harm business users and end users in breach of the DMA.

The civil rights groups singled out a stand-by letter of credit (SBLC) of 1 million euros required from developers who want to develop apps for distribution in Apple’s App Store or who want to install a third-party app store as a native app in Apple’s iOS and iPadOS.

“A 1,000,000 euro SBLC can impose a recurring annual cost and collateral requirements that many SMEs cannot meet,” said the 16-page complaint seen by Reuters.

The groups urged the Commission to fine Apple. DMA penalties can be as much as 10% of a company’s global annual revenue.

($1 = 0.8575 euros)

Reporting by Foo Yun Chee; Editing by Joe Bavier, Kirsten Donovan

UK government considering two proposals for Heathrow third runway

Alexander told parliament the government had received seven proposals following its call for submissions earlier this year, with two schemes remaining under “active consideration”

International News via Reuters:

Britain’s transport minister Heidi Alexander said on Wednesday that the government was reviewing proposals from Heathrow Airport Limited and the Arora Group to build a third runway at London’s Heathrow Airport.

Alexander told parliament the government had received seven proposals following its call for submissions earlier this year, with two schemes remaining under “active consideration”.

Reporting by Sam Tabahriti; Writing by Catarina Demony, Editing by Paul Sandle

Oil rises about 2% on trade talk optimism

Brent crude futures rose $1.18, or 1.9%, to $62.50 a barrel as of 1211 GMT, while U.S. West Texas Intermediate crude futures climbed $1.17, or 2%, to $58.41

International News via Reuters:

Oil prices pushed higher for a second day on Wednesday, rising by about 2%, buoyed by hopes of progress for a U.S. trade deal with China and India.

Brent crude futures rose $1.18, or 1.9%, to $62.50 a barrel as of 1211 GMT, while U.S. West Texas Intermediate crude futures climbed $1.17, or 2%, to $58.41.

“Oil prices climbed after reports suggested the U.S. and India are close to finalising a trade deal that could see India gradually cut imports of Russian crude, potentially lifting demand for other grades,” MUFG analyst Soojin Kim said.

U.S. President Donald Trump said he spoke with Indian Prime Minister Narendra Modi on Tuesday, adding that Modi assured him India would be limiting its oil purchases from Russia.

India’s Mint newspaper reported on Wednesday that the two countries were nearing a long-stalled trade agreement that would reduce U.S. tariffs on Indian imports to 15-16% from 50%.

Investors are also closely watching the progress of U.S.-China trade talks as officials from both countries are set to meet this week in Malaysia.

Trump said on Monday he expected to work out a fair trade deal with Chinese President Xi Jinping, whom he was due to meet in South Korea next week. On Tuesday, however, Trump again added to uncertainty over the meeting, saying it might not happen.

Meanwhile, supply concerns flared again on news that a summit between Trump and Russian President Vladimir Putin had been put on hold, and on disruption fears as Western governments pressured Asian buyers to reduce their purchases of Russian oil.

A potential drop in U.S. oil inventories also boosted prices.

U.S. crude, gasoline and distillate stocks fell last week, market sources said, citing American Petroleum Institute figures on Tuesday.

The U.S. Department of Energy said on Tuesday it aims to buy 1 million barrels of crude oil for the Strategic Petroleum Reserve, as it seeks to take advantage of relatively low oil prices to help replenish its stockpile.

Additinoal reporting by Siyi Liu, Jeslyn Lerh and Florence Tan in Singapore, editing by Ed Osmond, Elaine Hardcastle

Ugandan police lower death toll from major bus crash to 46

The crash happened just after midnight on the highway between the capital Kampala and the northern city of Gulu

International News via Reuters:

Ugandan police on Wednesday revised down the death toll from a major bus crash on one of the country’s busiest highways, saying it had killed 46 people whereas before they had given a toll of 63.

The crash happened just after midnight on the highway between the capital Kampala and the northern city of Gulu.

Initial investigations suggest it was caused by two buses coming from opposite directions trying to overtake other vehicles, a lorry and a sport utility vehicle (SUV). The two buses collided head-on.

The Uganda Police Force said in a statement that they had mistakenly given a higher death toll earlier in the day because some victims had been found unconscious at the scene, meaning they were erroneously included in the initial toll.

President Yoweri Museveni sent condolences to the victims while campaigning for January’s general election not far from the place the accident happened.

Reporting by Elias Biryabarema;Editing by Alexander Winning

London stocks climb as inflation data spurs rate cut bets; Barclays leads gains

Barclays advanced 4.2% to become the best boost on the FTSE 100 index after announcing a 500 million pound ($670 million) share buyback and upgraded a key profitability target

International News via Reuters:

London stocks rose for a third consecutive day on Wednesday as investors ramped up bets on interest rate cuts from the Bank of England after data showed inflation unexpectedly held steady, while lender Barclays jumped after a surprise share buyback plan.

Barclays advanced 4.2% to become the best boost on the FTSE 100 index after announcing a 500 million pound ($670 million) share buyback and upgraded a key profitability target for the year. This boosted the banks index by 1.6%.

Inflation for the month of September was held at 3.8%, coming below the Bank of England’s estimates of 4%, raising bets on a rate cut this year. Traders see a roughly 75% chance that the BoE’s Monetary Policy Committee will cut bank rate to 3.75% from 4% at its December meeting, up from about 46% before the data.

The data brings in much-needed relief ahead of the November budget by finance minister Rachel Reeves, who along with BoE policymakers have been trying to navigate through sticky inflation and slow economic growth.

The blue-chip FTSE 100 gained 0.9% to 9,547 points by 1116 GMT, while the mid-cap focused FTSE 250 advanced 1%.

Oil majors BP and Shell gained 1.4% and 1.2%, respectively, as oil prices edged higher. [O/R]

Among individual stocks, Rio Tinto  advanced 2.1% after sources say the miner explored a potential asset-for-equity swap with Chinalco that would trim the Chinese investor’s 11% stake, which would help the company to resume buybacks and pursue new strategic deals.

On the flip side, ITV shares slid 8.2% after the broadcaster said its largest shareholder Liberty Global reduced its stake to 5% from 10% in the company. The stock was the worst performer in the FTSE 250.

($1 = 0.7451 pounds)

Reporting by Avinash P; Editing by Shailesh Kuber

Keep fit and celebrate culture

Run for the Arts takes place on Sunday.

The 5K event raises funds to support public art installations in North East Hamilton and the Bermuda National Gallery’s education programmes. 

With race support from the Bermuda National Athletics Association, participants can enjoy a safe and scenic course while contributing to local beautification projects. 

Taking place on October 26, this year’s event introduces a new one-mile kids’ race at 8:00 AM, followed by the 5K run, competitive walk, and non-competitive walk/run at 8:30 AM.  

proceeds from the race directly fund new murals and art initiatives — making Run for the Arts, supported by the Bermuda Tourism Authority, more than just a race, but a vibrant celebration of Bermuda’s creative spirit.