By Max Hunder and Dan Peleschuk KYIV (Reuters) – One woman was killed and at least 11 other people were hurt on Tuesday as Russia unleashed its third air attack in 24 hours on the Ukrainian capital Kyiv, the city’s mayor said. Officials in the city said more than 20 Russian drones had been shot…
A look at the day ahead in U.S. and global markets from Mike Dolan Out of the frying pan, and into the fire? Relief over the likely lifting of the U.S. debt ceiling this week is being reined in by the uncomfortable prospect of even higher Federal Reserve interest rates – and the further evaporation…
By Sabine Siebold BRUSSELS (Reuters) – NATO foreign ministers will seek to narrow divisions over Ukraine’s membership bid at a meeting in Oslo this week, with allies at odds over calls to grant Kyiv a road map to accession at their July summit. NATO has not acceded to Ukraine’s request for fast-track membership as Western…
(Corrects day of the week in first paragraph) FRANKFURT (Reuters) – The euro zone’s top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or otherwise ran into trouble, the European Central Bank warned on Tuesday. The ECB study looked into the risk of spillovers…
By Julien Pretot and Shrivathsa Sridhar PARIS (Reuters) -Serbian world No. 3 Novak Djokovic risked stirring up a political controversy at the French Open on Monday, after writing a message about Kosovo on a camera lens following his first-round victory. “Kosovo is the heart of Serbia. Stop the violence,” 22-time Grand Slam champion Djokovic wrote…
JOHANNESBURG (Reuters) – South Africa’s President Cyril Ramaphosa has appointed a panel to investigate U.S. allegations that a Russian ship had collected weapons from a naval base near Cape Town last year, the presidency said in a statement on Sunday. The U.S. ambassador to South Africa Reuben Brigety said on May 11 that he was…
TOKYO (Reuters) – Daimler Truck Holding AG and Toyota Motor Corp have struck a preliminary deal to combine their truck units in Japan, the companies said on Tuesday. Under the memorandum of understanding (MOU), the businesses of Daimler-owned Mitsubishi Fuso Truck and Bus Corp and Toyota subsidiary Hino Motors Ltd would be combined under a…
ISTANBUL (Reuters) – Tayyip Erdogan extended his rule into a third decade by defeating Kemal Kilicdaroglu in Turkey’s presidential election on Sunday. Here are details on how it unfolded: WHAT WERE THE FINAL RESULTS? In the first round of elections on May 14, Erdogan received 27.13 million votes and his rival Kilicdaroglu 24.60 million votes,…
By Christoph Steitz HAMBURG (Reuters) – Siemens Energy is considering setting up production in the United States to help modernise the country’s power grid, keen for a slice of what is expected to be a multitrillion-dollar market following the Inflation Reduction Act (IRA). The deliberations are part of a broader rethink at the German power…
By Tommy Wilkes LONDON (Reuters) -Lloyd’s of London became the sixth organisation to quit a net-zero alliance for insurers within 36 hours on Friday, as a U.N.-backed coalition of financial groups warned about the fallout of “political attacks” on insurers in the United States. Lloyd’s joined Australia’s QBE Insurance in withdrawing from the Net-Zero Insurance…
