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Russia's factory activity continues to expand in May, PMI shows Jun 3, 2024 02:04AM

(Reuters) - Activity in Russia's manufacturing sector grew marginally faster in May, a business survey showed on Monday, propelled by a sharp rise in employment as demand picked up.

The sector has now recorded expansion for 25 successive months.

The S&P Global Purchasing Managers' Index (PMI) for Russian manufacturing rose to 54.4 in May from 54.3 in April, staying above the 50 level that marks growth in activity and not far from an... (continue reading...)


South Africa's Ramaphosa says violence has no place after election Jun 3, 2024 02:04AM

JOHANNESBURG (Reuters) - South African President Cyril Ramaphosa said on Monday there was no place for threats of violence or instability after last week's election cost his African National Congress (ANC) party its majority for the first time.

The result, announced on Sunday, was the worst election showing for the ANC, Africa's oldest liberation movement, once led by Nelson Mandela, since it came to power 30 years ago, ending white minority rule.

... (continue reading...)
South Korea to suspend military agreement with North Korea over trash ballons Jun 3, 2024 02:01AM

SEOUL (Reuters) - South Korea plans to suspend a military agreement signed with North Korea in 2018 aimed at easing tensions, the presidential office said on Monday, after Seoul warned of a strong response to balloons launched by Pyongyang carrying trash to the South.

North Korea has launched hundreds balloons carried by wind across the border that dropped trash throughout South Korea, which called it a provocation and rejected Pyongyang's claim it... (continue reading...)


Mexico's Sheinbaum wins Mexican presidency, electoral institute says Jun 3, 2024 01:57AM

MEXICO CITY (Reuters) - Ruling party candidate Claudia Sheinbaum won Mexico's presidential election, according to the INE electoral institute's rapid sample count released Sunday night.

The electoral institute's so-called rapid count estimates the result of the election based on a sample that is representative of the vote across the country. It has a margin of error of +/-1.5%, INE says.

(Reporting by Mexico City newsroom;... (continue reading...)


Qatar Airways in talks for Airbus, Boeing order Jun 3, 2024 01:48AM

DUBAI (Reuters) - Qatar Airways is in talks with plane makers Airbus and Boeing for a major wide-body order, its chief executive said on Monday.

CEO Badr Mohammed Al Meer told reporters a report that the airline was in talks with Airbus to order A350 and Boeing 777X wide-body jets was largely correct.

Bloomberg News reported on Sunday that the airline was in discussions to buy some 200 aircraft split between Airbus and Boeing. Al Meer... (continue reading...)


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