BUDAPEST (Reuters) - Hungary confirmed on Thursday it would attend a Ukraine summit on June 15 in Switzerland despite having cordial ties with Russia, which has not been invited to the gathering.
Hungary, a member of the European Union and NATO, has been a vocal critic of Western sanctions on Russia over its invasion of Ukraine. Prime Minister Viktor Orban has maintained warm ties with Moscow, drawing criticism from both sides of the Atlantic.
... (continue reading...)MOSCOW (Reuters) - The Kremlin said on Thursday that Western nations which supply Ukraine with weapons to directly strike Russian territory will definitely face consequences after President Vladimir Putin said he was considering arming the West's enemies in retaliation.
Speaking with senior editors of international news agencies in St Petersburg on Wednesday, the Russian leader said Moscow was thinking about supplying advanced long-range weapons - of a... (continue reading...)
A look at the day ahead in U.S. and global markets from Mike Dolan
Wall Street's tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia replace Apple as the world's 2nd most valuable company in a market infused with interest rate cut excitement across the G7.
With the European Central Bank set to follow the Bank of Canada on Thursday with its first interest rate cut of the cycle, four countries of the G7 economic bloc... (continue reading...)
By Nichola Groom
(Reuters) - A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge amount of equipment they stockpiled duty-free over that period by the end of this year.
The dynamic could result in a mini-boom in already red-hot U.S. solar installations, while also annoying the nascent domestic manufacturing industry which is keen... (continue reading...)
By Howard Schneider
(Reuters) - Like many firms during the pandemic Worxbee, a small business that provides virtual executive assistant services, brought on bodies when Chief Executive Kenzie Biggins thought she found a good match.
Peaking at 11 people, the hiring in the end proved an overreach, and Biggins' staffing is now down to six, mostly through attrition. She's intent on using technology and smarter management to keep it there.
... (continue reading...)More Reuters
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