BERLIN (Reuters) - Deutsche Bank expects a slight decline in its fixed-income business this quarter, but still sees overall revenue of 30 billion euros ($32.56 billion) in 2024, the chief financial officer of Germany's largest bank said.
"Looking at fixed income and currencies, we would expect that to come in slightly lower in the second quarter versus the prior year's quarter", James von Moltke said on Thursday night at an investors' conference in New... (continue reading...)
By Tom Westbrook
SINGAPORE (Reuters) - Russia's small neighbours on Friday lobbied the West at the Shangri-La Dialogue for arms production, spending and military planning to protect against Russian aggression, a challenge a senior Finland official said was too much to bear alone.
"Being a new member in NATO ... it is of paramount importance that we make progress in terms of the military planning, to really look deeper at Finnish defence... (continue reading...)
KYIV (Reuters) - Ukraine and Russia announced their first exchange of prisoners of war in nearly four months on Friday, with 150 people freed after negotiations mediated by the United Arab Emirates.
Ukrainian President Volodymyr Zelenskiy said 75 Ukrainian prisoners had been returned from Russia. They included four civilians while the rest were members of the military.
Russia's Defence Ministry said Ukraine handed over 75 people in a... (continue reading...)
WASHINGTON (Reuters) - The United States and its main allies on said on Friday they are "gravely concerned" by deepening cooperation between North Korea and Russia and called for an end to North Korean arms transfers for use against Ukraine.
The U.S. secretary of state and foreign ministers from Australia, Canada, France, Germany, Italy, Japan, New Zealand, South Korea and Britain, as well the EU High Representative, issued a joint statement... (continue reading...)
OSLO (Reuters) - Norway plans to increase its control of infrastructure on the Arctic Svalbard islands, the government said on Friday as security concerns and climate change impact the archipelago.
The Nordic nation has long feared that tensions between Russia and the West could spill over to the vast outpost because of its strategic position and of growing interest in the Arctic's valuable oil, gas and shipping routes.
Located around... (continue reading...)
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