By John Irish and Andrew Gray BULBOACA, Moldova (Reuters) -President Volodymyr Zelenskiy pressed his case on Thursday for Ukraine to be part of the NATO military alliance and urged the alliance to provide security guarantees if membership was not possible for now. Joining a meeting of European leaders in Moldova, the Ukrainian leader was seeking…
KARACHI, Pakistan (Reuters) – Pakistan’s central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt payments during the week ended May 26, the central bank said in a statement. The total liquid foreign reserves held by the country stood at $9.513 billion as of May 26. (Reporting by Ariba Shahid…
By Jonathan Cable, Leika Kihara and Lucia Mutikani LONDON/TOKYO/WASHINGTON (Reuters) – Sluggish global demand deepened the decline in manufacturing activity across Europe and the United States and remained a major challenge for many of Asia’s big exporters, business surveys for May showed on Thursday. Purchasing managers’ indexes (PMIs) for the euro zone moved further below…
(Reuters) – The Organization of the Petroleum Exporting Countries with Russia and other allies, or OPEC+, meet on June 4 to discuss whether additional oil production cuts should be implemented. The group in early April surprised markets with output cuts of around 1.16 million barrels per day, fuelling a rise in prices. Going into the…
By Sabine Siebold and Gwladys Fouche OSLO (Reuters) – Moscow cannot stop Ukraine from becoming a NATO member, the alliance’s chief Jens Stoltenberg said on Thursday, as divisions among allies about the speed of Kyiv’s accession became apparent only weeks before a decisive mid-July summit in Vilnius. “All allies agree that Moscow does not have…
(Reuters) -Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in China and will close its Shanghai office this year, the Financial Times reported on Thursday, citing people familiar with the matter. The news follows a May 8 parliamentary hearing in which several Canadian pensions, including CDPQ,…
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators have stepped up a long-running investigation into potentially defective air bag inflators that can cause metal fragments to strike vehicle occupants, saying it required auto supplier ARC Automotive Inc to answer questions. The National Highway Traffic Safety Administration (NHTSA) in May demanded the recall of 67…
CAPE TOWN (Reuters) – The BRICS Summit of heads of state will be held in Johannesburg in August, Foreign Minister Naledi Pandor said on Thursday, after speculation that it could be held elsewhere. (Reporting by Wendell Roelf and Nellie Peyton; Writing by Bhargav Acharya)
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped nearly 20% in early trade on Thursday after the AI software maker’s quarterly revenue forecast missed estimates, dampening some of Wall Street’s recent euphoria around small cap AI-linked stocks. Most other small-cap artificial intelligence (AI) related stocks also fell, with analytics firm BigBear.ai, conversation intelligence firm…
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Thursday Kyiv wanted to receive a “clear” decision on its future in the NATO military alliance when the bloc’s leaders meet in Vilnius in July. At a summit of over 40 European leaders in Moldova, he also said he wanted progress on Ukraine’s path to the European…
