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Slovak PM Fico between life and death after shooting, Hungary PM says May 17, 2024 02:08AM

BUDAPEST (Reuters) - Slovakia's Prime Minister Robert Fico is between life and death two days after an assassination attempt that sent shock waves across Europe, Hungarian Prime Minister Viktor Orban told public radio on Friday.

The shooting was the first major assassination attempt on a European political leader for more than 20 years, and has drawn international condemnation.

Political analysts and lawmakers say it has exposed an... (continue reading...)


Column-Serene euro debt markets still leave ECB queasy: Mike Dolan May 17, 2024 02:07AM

By Mike Dolan

LONDON (Reuters) - Becalmed by a likely interest rate cut as soon as next month, euro zone government bond markets seem serene - but the European Central Bank continues to fret about leftfield shocks.

Cosseted largely by more than a decade of extraordinary ECB monetary policies and direct bond market interventions, the traumatic euro sovereign debt crisis of 2010-2012 that threatened to blow the currency bloc apart now seems... (continue reading...)


Russia says its diplomacy with the West is in crisis management mode, says TASS May 17, 2024 02:05AM

MOSCOW (Reuters) - Russia's diplomacy with the West is in crisis management mode and is focused on trying to ensure that tensions do not spill over into a large-scale conflict, the TASS news agency on Friday reported a top diplomat as saying.

TASS cited Deputy Foreign Minister Sergei Ryabkov as telling it in an interview that security guarantees which Russia had sought and discussed with the West in 2021 were no longer relevant and that Moscow had no... (continue reading...)


British grocer Sainsbury's partners with Microsoft to use AI for data insights May 17, 2024 02:04AM

LONDON (Reuters) - Britain's Sainsbury's said on Friday it has agreed a five-year strategic partnership with Microsoft that will use the technology company's artificial intelligence capabilities and the supermarket group's rich data.

Seeking revenue gains and cost savings, more retailers are using generative AI to boost personalised shopping experiences for consumers and make staff working practices more efficient.

Sainsbury's, Britain's... (continue reading...)


Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty May 17, 2024 01:59AM

(Reuters) - Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve's interest rate cuts dampened appetite.

Investors net sold bonds worth $1.91 billion from Indonesia, India, Thailand, Malaysia and South Korea, although the disposals were was significantly lower than $4.69 billion in March.

The dollar index rose to as high as 106.51 last... (continue reading...)


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