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Ukraine can use German weapons to defend Kharkiv border region, Berlin says May 31, 2024 05:24AM

BERLIN (Reuters) - Germany on Friday suggested Ukraine could use weapons supplied by Western countries to defend itself against attacks launched from just inside Russia against the northern border region around the city of Kharkiv in accordance with international law.

Germany discussed with allies the fact that Russia has carried out strikes on the Kharkiv region from positions in the immediately adjacent Russian border area, a government spokesperson... (continue reading...)


China to restrict export of some aviation, space components from July 1 May 31, 2024 05:23AM

By Joe Cash

BEIJING (Reuters) -China will control exports of some aviation and space components from July 1, its commerce ministry announced on Thursday, citing a need to protect the country's national security and interests.

Those wishing to export items including aerospace structural components as well as equipment and software used in engine manufacturing, among other things, will need to apply for an export licence, a statement... (continue reading...)


Airbus faces new output pressure amid parts shortages, sources say May 31, 2024 05:06AM

PARIS (Reuters) - Airbus is facing new pressure on its near-term production ramp-up for passenger jets due to parts and labour shortages, industry sources said on Thursday.

It was not immediately clear whether the slowdown would put at risk delivery targets for 2024 since deliveries lag output decisions by several months, but the sources said assembly of several dozen jets could be delayed in the second half.

A spokesperson for Airbus... (continue reading...)


Former Iran parliament speaker signs up for presidential vote after Raisi death May 31, 2024 05:06AM

DUBAI (Reuters) - Former Iranian parliamentary speaker Ali Larijani, a prominent conservative, was among candidates registering on Friday for an early election next month following the death of President Ebrahim Raisi in a helicopter crash, state media reported.

Larijani, an adviser and ally of Supreme Leader Ayatollah Ali Khamenei, told reporters that he would focus on fixing the economic problems facing Iranians and "resolving (U.S.) sanctions",... (continue reading...)


Euro zone inflation rises just as ECB prepares to cut rates May 31, 2024 05:05AM

FRANKFURT (Reuters) - Euro zone inflation rose in May, data showed on Friday, in a sign the European Central Bank still faces a slow and uncertain journey to rein in prices.

The bigger-than-expected increase in inflation was unlikely to stop the ECB from lowering borrowing costs from a record high next week, but may cement the case for a pause in July and a slower pace of interest rate reductions in the coming months.

Consumer prices in... (continue reading...)


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