Reuters

WARSAW (Reuters) - Polish Prime Minister Donald Tusk said on Tuesday that in order for Europe to avoid conflicts and be safe it must increase its defence capabilities, and he repeated his call for the construction of a common European air defence system.

In the face of the conflict in Ukraine, Poland is strengthening its defence capabilities, allocating over 4% of its Gross Domestic Product.

Speaking at the European Economic Congress, a... (continue reading...)

BEIJING (Reuters) - China's electric vehicle giant BYD said on Tuesday it will hold the global launch of its first pick up truck, the BYD Shark, at an event in Mexico on May 14.

(Reporting by Ethan Wang and Brenda Goh; and Louise Heavens)

(Reuters) - A swarm of tornadoes touched down overnight in Oklahoma, according to local media reports, killing at least one person and injuring at least five as they flattened homes and ripped down trees in the northeast corner of the state.

As the morning sun rose over the area, fire crews were surveying the destruction and rescuing residents in Barnsdall and Bartlesville, two rural towns just north of Tulsa ravaged by the twisters, according to... (continue reading...)

(Reuters) -A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and return to growth after 13 straight quarters of losses, CNBC reported on Tuesday.

Shares of the fitness equipment maker rose 18.6% in premarket trading.

The New York-based company has had talks with at least one firm in recent months as it considers going private, the report said, citing people... (continue reading...)

SYDNEY (Reuters) - The Australian government will boost the number of skilled workers in the housing sector in next week's national budget, spending A$90.6 million ($59.76 million) on free training and making it easier for skilled construction workers to migrate, officials said.

The budget to be handed down on May 14 will have a big focus on housing, officials said on Tuesday evening.

Rising rents, interest rate hikes and surging living... (continue reading...)