India puts ‘new reality’ on display with Davos street show

DAVOS, Switzerland, May 25 (Reuters) – Bright colors and bold logos proudly signal where India has set up base on the main street in Davos this year, as the country trumpets its pro-business and foreign investment drive. Inside a pavilion on the Swiss Alpine resort’s Promenade street beneath an “India @ Davos 2022” logo, the … Read more

Oil firms on tight supply though EU ban on Russian oil still uncertain

A flame burns from a tower at Vankorskoye oil field owned by Rosneft company north of the Russian Siberian city of Krasnoyarsk March 25, 2015. REUTERS/Sergei Karpukhin/File Photo Register now for FREE unlimited access to Reuters.com register May 26 (Reuters) – Oil prices rose on Thursday, extending a cautious rally this week on signs of … Read more

Ukraine says Russia shells more than 40 towns in Donbas push

Russian forces shell 40 towns in eastern Ukraine – military Mass grave for civilians killed – Luhansk governor KYIV, May 26 (Reuters) – Russian forces shelled more than 40 towns in Ukraine’s eastern Donbas region, Ukraine’s military said, threatening to shut off the last main escape route for civilians trapped in the path of their … Read more

Ukraine savages idea of concessions to end war, evokes appeasement of Nazis

A dandelion is pictured next to ammunition casings collected at the Mlybor flour mill facility after it was shelled repeatedly, amid Russia’s invasion of Ukraine, in Chernihiv region, Ukraine, May 24, 2022. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com register May 25 (Reuters) – Ukrainian President Volodymyr Zelenskiy on Wednesday savaged suggestions … Read more

Russia ready to set up corridor for ships leaving Ukraine with food, with conditions

Ukrainian corn is pictured inside a silo at the Romanian Black Sea port of Constanta, Romania, April 28, 2022. Inquam Photos/Daniel Stoenciu via REUTERS Register now for FREE unlimited access to Reuters.com register The solution to food problem requires vast approach – Moscow This includes lifting of some sanctions from Russia – Moscow Moscow is … Read more

Exclusive: China seeks Pacific islands policing, security cooperation

Chinese Foreign Minister Wang Yi poses for a picture prior to meeting US Secretary of State Antony Blinken on the sidelines of the G20 summit in Rome, Italy October 31, 2021. Tiziana Fabi/Pool via REUTERS Register now for FREE unlimited access to Reuters.com register SYDNEY, May 25 (Reuters) – China will seek a region-wide deal … Read more

Oil steadies after choppy trade, U.S. says export ban not ruled out

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US June 9, 2016. REUTERS/Richard Carson Register now for FREE unlimited access to Reuters.com register Washington has not ruled out export curbs to ease fuel prices Beijing ramps up … Read more

Food crisis fuels fears of protectionism compounding shortages

DAVOS, Switzerland, May 24 (Reuters) – A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said. In a sign of the escalating squeeze on food supplies and rising prices, … Read more

EU oil embargo ‘in days’ as Ukraine isolation drives Russia closer to China

EU faces criticism for being too slow to act on Russian energy Russia sees economic ties with China growing Eastern Donbas remains focus of battlefield action LVIV, Ukraine/BERLIN, May 24 (Reuters) – The European Union will likely agree an embargo on Russian oil imports “within days,” according to its biggest member Germany, as Moscow said … Read more

In Tokyo, Biden says would be willing to use force to defend Taiwan

White House official says no change in policy China says US should not defend Taiwan independence US wants to toughen policy without provoking Beijing – analyst Biden in Japan for first Asia trip of presidency TOKYO, May 23 (Reuters) – US President Joe Biden said on Monday he would be willing to use force to … Read more