| |  |  | The Reuters Daily Briefing | Friday, June 10, 2022 by Linda Noakes | Hello Here's what you need to know. Ukrainian and Russian forces are fighting street by street, Shanghai locks down millions again, and Japan edges closer to intervention in the yen
| | | | | Today's biggest stories  A video of former Vice President Mike Pence speaking is shown on a screen during the hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, in Washington, June 9, 2022 U.S. A congressional panel investigating last year's assault on the U.S. Capitol by Donald Trump's supporters presented evidence at its prime-time hearing that the former president posed a danger both to American democracy and his vice president, Mike Pence.
A police officer who suffered a brain injury at the hands of rioters during the attack described the scenes of violence and chaos - including fellow officers bloodied and on the ground.
Former Proud Boys Chairman Enrique Tarrio and two other members of the far-right group pleaded not guilty to seditious conspiracy charges that were filed against them earlier this week in connection with their alleged roles in storming the Capitol.
A divided Supreme Court allowed the counting of undated mail-in ballots in an undecided 2021 election for a Pennsylvania judgeship in a case that again revealed the tensions among the justices over voting rights.
A gunman opened fire on his co-workers at a manufacturing facility in northern Maryland, killing at least three people and critically wounding a fourth before being taken into custody after a shootout with police.
A white police officer was charged with second-degree murder for the fatal shooting of a Black man during an altercation after a traffic stop two months ago in Grand Rapids, Michigan, in a case that sparked racial justice protests in the city. | BUSINESS The U.S. Federal Reserve will hike its key interest rate by 50 basis points in June and July, with rising chances of a similar move in September, according to a Reuters poll of economists who see no pause in rate rises until next year.
China's factory-gate inflation cooled to its slowest pace in 14 months in May, depressed by weak demand for steel, aluminum and other key industrial commodities due to tight COVID-19 curbs and bucking the global trend of rapidly accelerating prices.
Japan's government and central bank said they were concerned by recent sharp falls in the yen in a rare joint statement, the strongest warning to date that Tokyo could intervene to support the currency, which has sunk to 20-year lows.
A dearth of IPOs, a plunge in stock prices and slowing global economic growth are clouding the outlook for revenue at global investment banks after pandemic spending by governments and central banks fueled a blockbuster 2021.
The Bank of England said it was satisfied lenders had taken steps to ensure they were no longer "too big to fail" in any future crisis, though it found shortcomings at three major banks. The BoE is aiming to stop banks from requiring taxpayers to bail them out, as happened in the 2007-09 global financial crisis.
Defiant South Korean truckers embarked on broader and more aggressive strike action, threatening to severely curtail deliveries of raw materials for semiconductors and petrochemical products.
Sunday marks a new dawn for Russia's fast-food lovers as former McDonald's restaurants reopen under new branding and ownership, more than three decades after the arrival of the chain. | | | | | | | | | | | Video of the day  Wildfire rages in southern Spain A mountain wildfire has forced the evacuation of 2,000 people from the center of the town of Benahavis and injured three firefighters. | | | | And finally… Europe's largest meat-eating dinosaur found  Fossilized bones discovered on a rocky seashore on England's Isle of Wight are the remains of a meat-eating dinosaur that may be larger than any other known from Europe, a beast that was a cousin of the biggest carnivorous dinosaur species on record. | | | Thanks for spending part of your day with us. | | | | | |
