Reuters

By Anastasiia Malenko

(Reuters) - Ukrainian President Volodymyr Zelenskiy said on Friday that Ukraine using any Western weapon to strike Russian territory is "a question of time".

Outgunned and outmanned on the battlefield, Kyiv has been increasing pressure on its Western allies to be able to launch offensive strikes at military targets inside Russia to better repel Russian advances.

"I think that using any weapon, Western... (continue reading...)

(Reuters) - U.S. inflation tracked sideways in April, a worrying sign for the U.S. central bank that suggests the elevated pace of price increases could last longer than expected and casts doubt on how soon it will be able to cut interest rates.

The personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department said on Friday, matching the unrevised gain in March.

The PCE price index rose 2.7% year... (continue reading...)

PARIS (Reuters) - Organisers of the annual Geneva Motor Show said on Friday they will no longer hold the event in Geneva, citing an uncertain market environment.

They added in a statement that they were still planning to hold the Qatar edition of the show in November.

(Reporting by Gilles Guillaume, Dominique Vidalon; Editing by Sudip Kar-Gupta)

By Manoj Kumar and Aftab Ahmed

NEW DELHI (Reuters) -India's economy grew at a faster-than-expected pace of 7.8% year-on-year in the January-March quarter, helped by strong growth in the manufacturing sector, and economists expect the momentum to remain strong this year.

The gross domestic product growth in the first three months of 2024, the fourth quarter of 2023/24 fiscal year, was lower than a revised 8.6% expansion in the previous... (continue reading...)

By Ismail Shakil

OTTAWA (Reuters) -The Canadian economy expanded at an annualized rate of 1.7% in the first quarter, missing forecasts, and real gross domestic product likely rose 0.3% on a monthly basis in April, data showed on Friday.

The data prompted financial markets to increase bets on a 25 basis point interest rate cut next week to almost 80% from 66% earlier.

The quarterly growth rate was slower than the 2.2% pace... (continue reading...)