Hungary defence spending to be increased if Ukraine war drags into 2025 -PM Orban
BUDAPEST (Reuters) - Hungary will need to boost defence spending further next year if the war in neighbouring Ukraine drags into 2025, reducing the amount of funds available for other expenditure, Prime Minister Viktor Orban told public radio on Fr...
14m ago
Holiday Inn owner IHG reports 2.6% rise in quarterly room revenue
(Reuters) - Holiday Inn owner Intercontinental Hotels Group (IHG) said on Friday its first-quarter room revenue rose 2.6%, helped by performance in Japan, Australia, Europe and the Middle East. (Reporting by Chandini Monnappa and Yadarisa Shabong ...
28m ago
Analysis-Heavy oil shortage spells higher cost for shippers, road builders
By Robert Harvey and Arathy Somasekhar LONDON/HOUSTON (Reuters) - Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on ...
42m ago
'Show solidarity': Pro-Palestinian protesters camp across Australian universities
By Lewis Jackson SYDNEY (Reuters) - Hundreds of people protesting Israel's war in Gaza rallied at one of Australia's top universities on Friday demanding it divest from companies with ties to Israel, in a movement inspired by the student occupation...
44m ago
Iran says crew of Israel-linked ship freed
(Reuters) - Iran has released the crew of a seized Portuguese-flagged ship linked to Israel, but remains in control of the vessel itself, Foreign Minister Hossein Amirabdollahian said. Iran's Revolutionary Guards seized the container ship MSC Aries...
1h ago
Yen poised for best week in over a year; dollar waits on US jobs data
By Rae Wee SINGAPORE (Reuters) - The yen was headed for its best week in more than a year on Friday, helped by Tokyo's suspected intervention this week to pull the Japanese currency away from 34-year lows, which also left the dollar broadly on the ...
1h ago
Tennis-Medvedev joins growing injury list ahead of French Open
MADRID (Reuters) - World number four Daniil Medvedev faces an anxious wait to know the full extent of an injury that forced him out of the Madrid quarter-finals on Thursday, as the Russian joined a group of top players struggling with fitness issue...
1h ago
North America drives Daimler Truck to core profit beat
(Reuters) - Germany's Daimler Truck AG posted first-quarter core profit of 1.21 billion euros ($1.30 billion) on Friday, beating the consensus estimate of 1.17 billion euros in a company poll, driven by a strong performance of its Trucks North Ame...
1h ago
Credit Agricole's Q1 earnings jump as investment banking beats rivals
By Mathieu Rosemain PARIS (Reuters) - Credit Agricole SA, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals. Net ...
1h ago
SocGen's investment bank limits Q1 profit plunge
By Mathieu Rosemain PARIS (Reuters) - French bank Societe Generale reported a better-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income tr...
2h ago