By Dan Peleschuk and Kylie MacLellan KYIV/LONDON (Reuters) – Ukraine on Monday hailed its first substantial battlefield advances in six months as President Volodymyr Zelenskiy won pledges for new long-range drones in Britain to add to a haul of Western arms for a counteroffensive against Russian invaders. Since last week, the Ukrainian military has started…
By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – The G7 summit U.S. President Joe Biden attends in Japan this week will show leaders unified behind a common approach to dealing with China based on shared values, even while recognizing each country will manage its own relationship with Beijing, a senior U.S. administration official said…
By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after three straight sessions of declines, boosted by the prospect of tightening supplies in Canada and elsewhere, although recession fears kept pressuring the market. Brent crude futures rose $1.06, or 1.4% to settle at $75.23 a barrel. U.S. West Texas Intermediate…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains made last week on the greenback and awaited news from Washington on how to address the debt ceiling issue, which could force the U.S. government to default on its debt if not resolved. In emerging…
By Blake Brittain WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Teva Pharmaceuticals USA Inc’s challenge to a $235 million award to GlaxoSmithKline LLC in a patent dispute over generic drugs involving a heart medication. The justices turned away Israel-based Teva’s appeal of a lower court’s ruling reinstating the jury award…
(Reuters) -Right now, it’s all about deadlines, as lawmakers race to thrash out a deal on the U.S. borrowing limit, time runs short for Russia and Ukraine to agree on how to keep grain exports flowing and Turkish voters count the days to a second round of voting. Here’s a look at the week ahead…
A look at the day ahead in European and global markets from Kevin Buckland. Politics has the spotlight at the start of a new week, falling chiefly – still – on the U.S. debt ceiling standoff. Talks between President Joe Biden and lawmakers look likely to resume on Tuesday, after getting postponed on Friday. Despite…
By Laura Sanicola NEW YORK (Reuters) – Oil prices settled more than 1% lower on Friday, falling for the fourth consecutive week, as the market balanced supply fears against renewed economic concerns in the United States and China. Brent crude futures settled down 81 cents, or 1.1%, to $74.17 while West Texas Intermediate (WTI) U.S….
By Trevor Hunnicutt and Andreas Rinke WASHINGTON/BERLIN (Reuters) – Leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their summit in Japan this week, with steps aimed at energy and exports aiding Moscow’s war effort, said officials with direct knowledge of the discussions. New measures announced by the leaders…
(Reuters) – As the Eurovision song contest was underway in Britain late on Saturday, Russian missiles hit the western Ukrainian city of Ternopil, which is home to the electro-pop duo Tvorchi, this year’s contestants from Ukraine. Local authorities, writing on Telegram, said the strike had hit warehouses owned by commercial enterprises and a religious organization,…
