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US retail sales miss expectations in May Jun 18, 2024 08:41AM

WASHINGTON (Reuters) - U.S. retail sales increased less than expected in May in May as lower prices for gasoline and motor vehicles weighed on receipts at service stations and auto dealerships.

Retail sales rose 0.1% last month after a downwardly revised 0.2% drop in April, the Commerce Department's Census Bureau said on Tuesday. Retail sales were previously reported to have been unchanged in April.

Economists polled by Reuters had... (continue reading...)


Embraer a 'great solution' for carriers to add capacity more quickly, CEO says Jun 18, 2024 08:32AM

By Gabriel Araujo

SAO JOSE DOS CAMPOS, Brazil (Reuters) - Brazilian planemaker Embraer sees itself as a "great solution" for carriers to add capacity more quickly amid constraints to 'big' narrowbody deliveries in the industry, Chief Executive Francisco Gomes Neto said on Tuesday.

The company has seen increased demand for its commercial jets and is actively working on several sales campaigns it hopes to conclude in coming months, Gomes... (continue reading...)


Ukrainian drone attacks on Russian oil refineries and infrastructure Jun 18, 2024 08:28AM

MOSCOW (Reuters) - Ukraine has been systematically targeting Russian energy infrastructure to try to disrupt Russia's economy and its ability to fund its military effort.

Ukrainian officials say attacks have been carried out in retaliation for Russian strikes on the Ukrainian energy system.

Following is a chronology of some of the main drone strikes on Russian oil refineries and infrastructure this year.

June 18 - A... (continue reading...)


Russia buying spies to make up for expelled diplomats, German agency says Jun 18, 2024 08:12AM

By Thomas Escritt and Sarah Marsh

BERLIN (Reuters) - Russia has turned increasingly to blackmail and financial incentives to hire Germans to spy for it after the blow dealt to its intelligence services by Europe's expulsion of some 600 Russian diplomats, Germany's domestic security service said.

The Federal Office for the Protection of the Constitution (BfV) said Russian intelligence services were spending big to recruit agents in Germany... (continue reading...)


EU regulators propose shake-up of sustainable investment labels Jun 18, 2024 08:12AM

By Huw Jones

LONDON (Reuters) - European Union regulators proposed sweeping changes on Tuesday to the bloc's rules on labelling sustainable investments, to give investors simpler and clearer information and to stop "greenwashing" risks.

The proposals include marking financial products that are not yet sustainable as 'transition' products and introducing a sustainability indicator that would grade investment funds.

The EU's... (continue reading...)


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