‘We can’t afford anything’: Turkey’s cost-of-living crisis threatens Erdogan’s re-election
By Ali Kucukgocmen ISTANBUL (Reuters) – Istanbul barber Hakim Ekinci, a long-time supporter of Tayyip Erdogan, won’t be voting for…
Economy
Bentley production chief to lead Volkswagen’s software overhaul
By Jan Schwartz (Reuters) -Volkswagen has appointed Bentley production chief Peter Bosch to lead its software subsidiary Cariad, dismissing all…
Australia to deliver first budget surplus in 15 years
SYDNEY (Reuters) – Australia is set to deliver its first budget surplus in 15 years on Tuesday, as its coffers…
Russia’s war on Ukraine latest: Wave of attacks ahead of Victory Day holiday
(Reuters) – Russia launched its biggest swarm of drones for months against Ukraine on Monday, the eve of Russia’s May…
Ukraine farms lose workers to war, complicating a tough harvest
By Elizabeth Piper and Pavel Polityuk KYSHCHENTSI, Ukraine (Reuters) – Dutchman Kees Huizinga has faced many challenges in the two…
VW’s Skoda Auto reports 61% rise in Q1 operating profit
PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen group, lifted operating profit by 60.8% year-on-year to 542…
Exclusive-HSBC reaches deal to buy out China fund partner -sources
By Selena Li HONG KONG (Reuters) -HSBC has agreed to buy out its China fund management joint venture partner, two…
KKR posts 26% drop in Q1 earnings, beating expectations
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Monday its after-tax distributable earnings fell 26%…
Standard Chartered CEO says big U.S. recession unlikely
By Yousef Saba DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Monday he sees a big recession…
Taiwan April exports slip for 8th month, but beat forecasts
By Roger Tung and Faith Hung TAIPEI (Reuters) – Taiwan’s exports exceeded analyst forecasts but still contracted for the eighth…