Reuters

(Reuters) - PayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter.

Consumer spending has shown remarkable resilience even as economic worries clouded the outlook for the payments sector for months. Though lower-income brackets have curbed discretionary purchases, most Americans are still looking to shop... (continue reading...)

MOSCOW (Reuters) - Russia said on Tuesday that its air defence systems had shot down six U.S.-produced Army Tactical Missile Systems (ATACMS) launched by Ukraine over the last 24 hours.

Washington secretly shipped the long-range missiles to Kyiv as part of a $300 million military aid package for Ukraine that U.S. President Joe Biden approved on March 12, a U.S. official said last week.

Whether to send the ATACMS missiles with a range up... (continue reading...)

By Alexander Tanas

CHISINAU (Reuters) - A Moldovan court on Tuesday opened the trial of the Gagauzia region's Kremlin-allied governor who is accused of channelling funds from Russia to a pro-Moscow party.

Evgenia Gutul, who emerged out of obscurity last year to win local elections, has strong pro-Russian views and opposes Moldova's pro-European government that accuses Moscow of political meddling.

According to prosecutors,... (continue reading...)

AMSTERDAM (Reuters) - The city of Amsterdam on Tuesday said it would severely restrict attendance to the annual national World War II remembrance on May 4, in a bid to keep the ceremony safe and to curb potential disturbances amid tensions over the war in Gaza.

The war between Israel and Hamas and heightened tensions throughout the Middle East have raised the risk of protests and of "spontaneous actions" disturbing the ceremony, Amsterdam mayor Femke... (continue reading...)

By Francesca Landini

TURIN (Reuters) - Energy ministers from the Group of Seven (G7) major democracies agreed on Tuesday to end the use of coal in power generation "during the first half of (the) 2030s", according to an official communique.

However, in a caveat, the statement included an alternative goal of phasing out coal-fired power plants "in a timeline consistent with keeping a limit of a 1.5°C temperature rise within reach, in line... (continue reading...)