Reuters

By Rodrigo Campos

NEW YORK (Reuters) - Ukraine has suffered a setback in its quest to complete the outline of a debt restructuring before the end-of-August expiry of a two-year payment freeze agreed by private holders of near $20 billion in outstanding international bonds.

The government announced on Monday it had not reached agreement with a group of bondholders, raising the specter that the war-torn country might slip into default.

By Martin Coulter

LONDON (Reuters) - A consortium of NATO allies has confirmed the first tranche of companies awarded funding as part of the group’s one billion euro ($1.1 billion) innovation fund.

The alliance unveiled the fund in the summer of 2022, months after the Russian invasion of Ukraine, promising to invest in technologies that would enhance its defences. The fund is backed by 24 of NATO's 32 member states, including Finland and... (continue reading...)

(Reuters) - Several oil storage tanks were on fire after a drone attack early on Tuesday in the town of Azov in Russia's southern region of Rostov, officials said.

"According to preliminary data, there are no casualties," Vasily Golubev, governor of the Rostov region that borders Ukraine, wrote on the Telegram messaging app.

Russia's ministry of emergency situations said on Telegram that the fire had spread across 5,000 cubic metres, and... (continue reading...)

TAIPEI (Reuters) - Taiwan's defence minister said on Tuesday that they have a "grasp" of the situation after pictures appeared online of a Chinese nuclear submarine surfacing in the sensitive Taiwan Strait near Taiwanese fishermen.

The narrow strait that separates Taiwan from China is a frequent source of tension. Taiwan reports Chinese warplanes and warships operating there on a daily basis, as Beijing seeks to assert its sovereignty claims against... (continue reading...)

(Reuters) - A magnitude 5.8 earthquake struck the northern region of Peru, on Monday, the German Research Centre for Geosciences (GFZ) said. The quake was at a depth of 10 km (6.21 miles), GFZ said.

(Reporting by Disha Mishra in Bengaluru; Editing by Christian Schmollinger)