By Tom Balmforth KYIV (Reuters) – In a basement in downtown Kyiv late last month, away from prying eyes, hundreds of engineers and innovators met senior military officials to brainstorm ways to better neutralise the cheap Russian suicide drones that still devastate Ukrainian cities. It was a rare, close-up glimpse into Ukraine’s technology arms race…
(Reuters) – Parcel delivery firm United Parcel Service Inc and the Teamsters Union on Wednesday accused each other of walking away from the negotiations, delaying contract talks that covers roughly 340,000 U.S. drivers, package handlers and loaders at the company. Here is a timeline of key events leading up to the impasse in negotiations: Date…
By David Milliken LONDON (Reuters) – Britain sold a government bond at auction on Wednesday that will pay investors an annual return of 5.668% – the highest yield of any gilt sold since 2007, as markets demand extra returns in anticipation of further Bank of England rate rises. The United Kingdom Debt Management Office sold…
NIO is a prominent electric vehicle (EV) manufacturer that has garnered significant attention in the automotive industry. The company is known for its innovative and high-performance EV models, captivating consumers with sleek designs, advanced technologies, and impressive driving ranges. NIO has built a reputation for delivering an exceptional user experience by offering features such as…
By Mai Nguyen (Reuters) – China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests. The decision, widely seen as retaliation for U.S. curbs on sales of technologies to China, raised concerns that China might eventually limit exports of…
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is widely expected to loosen monetary policy further on Thursday, following a massive 250-basis-point interest rate cut in June, as it looks to revive growth amid a rapid fall in inflation. Sri Lanka’s economy nosedived last year after its foreign exchange reserves fell to record…
On Monday, PayPal Holdings, Inc. (NASDAQ: PYPL) witnessed a more than 2% increase in its shares, adding to the gains it had made in the previous month. Key highlights include the announcement made in June regarding the acquisition of up to €40 billion ($43.6 billion) worth of buy now, pay later (BNPL) loan receivables originated…
VATICAN CITY (Reuters) – The Vatican will study the modern-day killing of Christians and try to list “all those who have shed their blood” in the name of Christ since the turn of the century, Pope Francis said on Wednesday. In a letter released by the Vatican, Francis said he had given the task to…
PARIS (Reuters) – French police arrested 16 people overnight in connection with urban violence, the interior ministry said on Wednesday, indicating a further decrease in the scale of unrest that swept through poor French suburbs after a fatal police shooting last week. The death on June 27 of Nahel M., a teenager of North African…
By Ali Sawafta JENIN, West Bank (Reuters) -Militants from the Gaza Strip fired rockets on Wednesday after Israeli forces withdrew from the Palestinian city of Jenin on Tuesday, following one of their biggest military operations in the occupied West Bank for years. Israeli jets hit an underground weapons manufacturing facility in response, the military said,…
