Pilot ejects from Ukraine F-16 fighter jet after incident, air force says
KYIV (Reuters) - Ukraine lost an F-16 fighter jet on Friday morning after an incident on board, though the pilot ejected safely, the Ukrainian air force said in a statement. "According to preliminary data... an unusual situation arose on board. The...
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Two climbers, from India and Philippines, die on Everest
By Gopal Sharma KATHMANDU (Reuters) - An Indian climber and another from the Philippines became the first mountaineers to die on Mount Everest in the current March-May climbing season of the world's highest peak, hiking officials said on Friday. Su...
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Taiwan president rallies the troops ahead of possible Chinese drills
By Ben Blanchard KAOHSIUNG, Taiwan (Reuters) - Taiwan President Lai Ching-te offered his support and encouragement to the armed forces on Friday ahead of what the government has warned could be a new round of Chinese military exercises near the isl...
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Demand for flights to China has risen recently, Singapore Airlines exec says
SEOUL (Reuters) -Singapore Airlines has seen a surge in passenger traffic into China in recent months, but outbound travel has still not recovered to pre-pandemic levels, Chief Commercial Officer Lee Lik Hsin said on Friday. "We have seen quite a surge...
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Taiwan meets with US for tariff talks in South Korea
TAIPEI (Reuters) -The main Taiwan and U.S. trade representatives met in South Korea for trade negotiations, yielding optimism that further talks would lead to reduced U.S. tariffs on Taiwan exports, the island's Vice-Premier Cheng Li-chiun said on Frid...
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Cartier owner Richemont sales up 7% as jewellery shines
By Mimosa Spencer PARIS (Reuters) -Cartier owner Richemont on Friday reported a slightly better-than-expected 7% rise in quarterly sales as weaker demand in Asia was offset by brisk business in the United States where wealthy shoppers shrugged off econ...
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Japan's April core inflation likely sped up to fastest pace in two years: Reuters poll
TOKYO (Reuters) - Japan's April core inflation probably rose at its fastest pace in two years on the reduction of energy subsidies and higher food costs, a Reuters poll showed, adding to pressure on the central bank to raise interest rates. The Ban...
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U.S. recession no longer likely after trade truce, says Barclays
LONDON (Reuters) -Barclays no longer expects the U.S. economy to slip into a recession later this year and has revised up its growth forecasts, given signs of a de-escalation in U.S.-China trade tensions, the bank said in a note released late Thursday....
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US equities attract first inflows in five weeks - BofA
LONDON (Reuters) - U.S. equity funds received their first inflows in five weeks in the week to Wednesday, Bank of America Global Research said on Friday, as investors returned to U.S. assets when trade tensions started to ease. U.S. equities saw $1...
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American Axle plans secondary London listing after GKN Automotive deal
(Reuters) -Detroit-based American Axle and Manufacturing said on Friday it plans to seek a secondary listing of its shares in London after its $1.4 billion acquisition of GKN Automotive owner Dowlais. "This will ensure a greater range of both existing ...
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