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Spain's Prime Minister to announce recognition of Palestinian state, source says May 22, 2024 03:10AM

MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez plans to announce the recognition of an independent Palestinian state on Wednesday, a government source said, confirming a report from news website El Confidencial.

A spokesperson for Sanchez's office declined to comment.

The development came as Norway said it would maker a similar announcement. European Union members Ireland, Slovenia and Malta have indicated in recent weeks that... (continue reading...)


Macron urges TotalEnergies to stay in France after talk of US listing May 22, 2024 02:41AM

(Reuters) - France supports companies that believe in the country, its President Emmanuel Macron said in an interview published on Wednesday, in response to a question on oil major TotalEnergies' potential pursuit of a U.S. listing.

WHY IT'S IMPORTANT

A pillar of France's CAC 40 blue chip index, TotalEnergies is one of the world's largest oil companies and an important agent of French influence. A change of listing would also be a blow... (continue reading...)


India's mid-tier IT firms gain share from industry goliaths May 22, 2024 02:39AM

By Sai Ishwarbharath B

BENGALURU (Reuters) - Mid-tier firms in India's $254 billion information technology sector took market share from industry goliaths in recent quarters as clients curtailed discretionary spending amid inflationary pressures and economic uncertainty, analysts said.

Unlike their larger rivals such as Tata Consultancy Services and Infosys, mid-tier IT firms tend to focus on short-term deals aimed at helping clients cut... (continue reading...)


Russian ministry proposes revising Baltic Sea border May 22, 2024 02:38AM

MOSCOW (Reuters) - Russia's defence ministry has proposed a revision to the borders of Russian territorial waters in the Baltic Sea, according to a draft government decree, drawing a rebuke from NATO-member Finland.

According to the draft decree, dated May 21, the ministry proposed adjusting the border around Russian islands in the eastern part of the Gulf of Finland and around Kaliningrad.

"The passage of the state border of the Russian... (continue reading...)


Norway recognises Palestinian state May 22, 2024 02:36AM

OSLO (Reuters) - Norway will recognise a Palestinian state, Prime Minister Jonas Gahr Stoere said on Wednesday, confirming earlier reports.

(Reporting by Nerijus Adomaitis and Gwladys Fouche in Oslo, editing by Stine Jacobsen)


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