BRATISLAVA (Reuters) – Sweden and other European countries must be prepared for ongoing support and weapons deliveries to Ukraine as it faces a long-running conflict with Russia, Sweden’s Defence Minister Peter Hultqvist said on Friday. Sweden is seeki…
Minsk will allow Ukrainian grain to transit Belarus in exchange for access to Baltic ports
(Reuters) -Minsk is ready to allow the transit of Ukraine’s grain to Baltic Sea ports via Belarus if it is allowed to ship Belarusian goods from these ports, the Belta news agency quoted Belarus leader Alexander Lukashenko as saying on Friday. Ukraine,…
British suspect in Danish ‘cum-ex’ fraud case arrested in Dubai
COPENHAGEN (Reuters) – The main suspect in a Danish dividend tax fraud case, Sanjay Shah, has been arrested in Dubai, Denmark’s justice ministry said in a statement on Friday, adding that it hopes to get the Briton extradited for prosecution in Denmark…
Global stock markets fall, U.S. yields rise after strong employment data
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell as U.S. Treasury yields reached two-week highs on Friday after data showed the American economy generated a greater-than-expected number of jobs in May, signaling the Federal Reserve will …
Exclusive – Tesla’s Musk feels ‘super bad’ about economy, needs to cut 10% of salaried staff
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters. A message sent to executives on Thursday …
Hungarian Banking Association protests against new windfall taxes
BUDAPEST (Reuters) – The Hungarian government’s new windfall taxes on banks will reduce the efficiency and lending capacity of the banking sector and force banks to build extra provisions, the Hungarian Banking Association said on Friday. “The Hungaria…
Biden demands strong gun measures; says ‘can’t fail the American people again’
By Steve Holland and Jeff Mason WASHINGTON (Reuters) – Declaring “Enough, enough!” U.S. President Joe Biden on Thursday urged Congress to ban assault weapons, expand background checks and implement other sensible gun control measures to address a strin…
Queen Elizabeth misses out as royals attend Platinum Jubilee service
By Michael Holden and Kate Holton LONDON (Reuters) – Britain celebrates the second day of Queen Elizabeth’s Platinum Jubilee on Friday, with the highlight a service of thanksgiving attended by senior royals and politicians that the 96-year-old monarch …
Rapid Irish services growth slows for second straight month-PMI
DUBLIN (Reuters) – More than a year of rapid growth in Ireland’s services sector moderated slightly for the second successive month in May as selling prices and input costs remained close to record highs, a survey showed on Friday. The AIB S&P Global P…
Dollar falls as investors reach for riskier currencies
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies. Stock markets around the world rose…