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Russian attack on Ukraine's Kharkiv kills two, injures at least seven, governor says May 23, 2024 04:54AM

KYIV (Reuters) - A Russian attack on Ukraine's northeastern city of Kharkiv killed two people and injured at least seven, local authorities said on Thursday.

The attack damaged transport and municipal infrastructure as well as a printing business, causing a fire, the mayor of Kharkiv and the region's governor said.

Governor Oleh Syniehubov said Russian forces struck Kharkiv around 10 times. The attack also targeted Zolochiv and Liubotyn... (continue reading...)


German economy expected to stagnate this year, DIHK says May 23, 2024 04:48AM

BERLIN (Reuters) - Germany's long-awaited economic recovery is not materialising and the euro zone's largest economy will only stagnate this year, the German chambers of commerce and industry (DIHK) said on Thursday.

Nevertheless, the forecast was more optimistic than at the start of the year, when the DIHK expected a 0.5% contraction.

The DIHK expects private consumption to support the economy this year, growing by 1.0%, as inflation... (continue reading...)


Exclusive-China state stockpiler aims to buy up to 15,000 T of cobalt, sources say May 23, 2024 04:46AM

By Pratima Desai

LONDON (Reuters) - China plans to buy up to 15,000 metric tons of cobalt metal from local Chinese producers over the next few months for domestic stockpiles, three sources familiar with the matter told Reuters, adding that it would be a record amount for a single purchase.

The planned purchase would be a big increase as industry sources say China's state stockpiler - the National Food and Strategic Reserves Administration... (continue reading...)


China planemaker COMAC eyes Saudi Arabia for global expansion May 23, 2024 04:43AM

By Lisa Barrington

SEOUL (Reuters) - Chinese planemaker COMAC is eyeing Saudi Arabia as a launch pad for its international ambitions, as the state-owned company steps up efforts to sell overseas and break into a passenger jet market dominated by Western manufacturers.

Chairman Dongfeng He visited Saudi Arabia for the first time this week, having welcomed a Saudi delegation to the company's Shanghai facilities in February, amid warming... (continue reading...)


In rural South Africa, voters weigh frustration and ANC loyalty May 23, 2024 04:40AM

By Nellie Peyton and Nqobile Dludla

QUNU, South Africa (Reuters) - In Nelson Mandela's hometown of Qunu there has been no running water since 2016, jobs are scarce and crime is on the rise as unemployed young men and women while away their days drinking beer.

Support for the ruling African National Congress remains strong among older voters here ahead of South Africa's elections on May 29, but cracks are showing among those too young to... (continue reading...)


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