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Russia warns of 'enormous danger' if NATO sends troops to Ukraine May 8, 2024 05:48AM

MOSCOW (Reuters) - Russia said on Wednesday that sending NATO troops into Ukraine would potentially be extremely dangerous, and Moscow was closely watching a Ukrainian petition that called for such an intervention.

The petition, posted on the Ukrainian president's website, says Ukraine should ask the United States, Britain and other countries to send troops to help it repel Russia's invasion.

"The Kyiv regime is quite unpredictable,"... (continue reading...)


Korean Air sells five jets to U.S. aerospace firm Sierra Nevada May 8, 2024 05:46AM

SEOUL (Reuters) - Korean Air will sell five of its planes to U.S. aerospace firm Sierra Nevada Corporation, the airline said in an exchange filing on Wednesday.

Sierra Nevada recently won a $13 billion U.S. Air Force contract to develop a successor to the E-4B Nightwatch, known as the Doomsday plane due to its ability to survive a nuclear war and act as a command and control centre during emergencies.

Sierra Nevada did not immediately... (continue reading...)


Russian billionaire Usmanov's sister Ismailova loses bid to overturn EU sanctions May 8, 2024 05:42AM

BRUSSELS (Reuters) - Gulbakhor Ismailova, the sister of Uzbek-Russian billionaire Alisher Usmanov, lost a legal battle on Wednesday to overturn EU sanctions placed on her after Russia's 2022 invasion of Ukraine.

The EU's Court of Justice said in a ruling that she had lost her appeal and would also have to pay out legal costs related to the case. In February, the EU's top court dismissed a similar appeal by her brother, keeping Usmanov on the EU's... (continue reading...)


Russia says Gaza war is escalating and no sign of any peace settlement May 8, 2024 05:37AM

By Dmitry Antonov

MOSCOW (Reuters) - Russia said on Wednesday that the war in Gaza was escalating due to Israel's incursion into Rafah and that Moscow so far saw no prospect for a peace settlement in Gaza or the wider Middle East.

Israel invaded Rafah, a southern Gazan city where more than one million displaced Palestinian civilians have sought shelter from Israel's offensive throughout the tiny territory.

"An additional... (continue reading...)


Biden to unveil $3.3 billion Microsoft AI investment in battleground Wisconsin May 8, 2024 05:33AM

By Andrea Shalal

WASHINGTON (Reuters) - President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said.

The Microsoft facility in Racine County, in southeastern Wisconsin, will be built on the same land where Taiwan electronics manufacturer Foxconn had planned to build a $10... (continue reading...)


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May 8, 2024 01:29AM India expects FY25 growth of more than 7%, chief economic adviser says
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