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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...)


Atos sets June 5 deadline to decide on rescue plans from Kretinsky, Layani Jun 3, 2024 01:37AM

PARIS (Reuters) - Debt-laden Atos said on Monday it aimed to decide by Wednesday between two rivalling debt restructuring plans that were consistent with its conditions - one from a consortium around Czech billionaire Daniel Kretinsky, the other from its anchor investor David Layani.

Atos' board of directors has authorised management to work with the firm's creditors to make sure one of the bids wins the necessary backing "by June 5, with... (continue reading...)


Global airlines raise profit outlook for 2024 Jun 3, 2024 01:35AM

By Tim Hepher and Lisa Barrington

DUBAI (Reuters) - Global airlines on Monday raised their profit forecast for 2024 and projected industry-wide revenues just shy of $1 trillion as a record number of travellers board flights.

The International Air Transport Association (IATA) said it expected the worldwide industry to generate $30.5 billion of profit this year, higher than an upwardly revised $27.4 billion in 2023 as carriers keep a lid on... (continue reading...)


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