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Yemen's Houthis chief says group will target any ships related to transport of goods to Israel May 9, 2024 10:12AM

By Clauda Tanios and Ahmed Tolba

DUBAI (Reuters) - The leader of Yemen's Houthis, Abdul Malik al-Houthi, said on Thursday the group would target ships of any company related to supplying or transporting goods to Israel regardless of their destination.

He said this was a fourth stage of escalation in retaliation to "the Israeli aggression on Rafah" in the southern Gaza Strip.

"From now on, we are also thinking about the fifth... (continue reading...)


Zelenskiy says Ukraine needs more arms to stop Russian advances May 9, 2024 10:10AM

By Anastasiia Malenko

KYIV (Reuters) - President Volodymyr Zelenskiy said on Thursday that Ukraine could stop Russian forces advancing in the east if allied countries increased the supply of arms.

The Ukrainian leader made the comments at a joint news conference in Kyiv with the European Parliament's visiting President Roberta Metsola, more than two years after Russia launched its full-scale invasion.

Russia has been making... (continue reading...)


Turkey says it is not easing Israel export ban May 9, 2024 10:05AM

By Ece Toksabay and Burcu Karakas

ANKARA (Reuters) - Israeli claims of Ankara easing its trade ban with Israel are "absolutely fictional and have nothing to do with reality," Turkish Trade Minister Omer Bolat said on Thursday, as Ankara introduced a three-month reprieve for companies with existing export deals to Israel.

Israel's foreign minister said on Thursday that Turkish President Tayyip Erdogan had retreated on his earlier position... (continue reading...)


Bank of Canada says debt, asset valuations are key risks to stability May 9, 2024 10:01AM

By David Ljunggren

OTTAWA, May 9 (Reuters) - The Canadian financial system remains resilient but the continuing adjustment to higher rates and possible shocks present key risks to stability, Bank of Canada Governor Tiff Macklem said on Thursday.

Interest rates are at a 23-year high and the bank said it was watching the ability of institutions and households to service their debts as well as monitoring the valuation of some assets, which... (continue reading...)


Bain Capital invests $250 million in business services firm Sikich May 9, 2024 09:43AM

By David French

(Reuters) - Bain Capital is picking up a minority stake worth $250 million in business services firm Sikich, which is planning to deploy the investment to finance its expansion plans, the companies said on Thursday.

The private equity firm is the first outside investor at Chicago-based Sikich, which was founded in 1982. The $250 million is structured as preferred equity, the firms told Reuters.

Sikich Chief... (continue reading...)


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