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(Reuters) -Russia has intensified shelling of Bakhmut hoping to take it by Tuesday, Ukraine’s top general in charge of the defence of the besieged city said late on Sunday, vowing to do everything to prevent it. Victory Day in Russia is May 9, one of the country’s most commemorated public holidays marking the anniversary of …

Ukraine general: Russia hopes to capture Bakhmut by Tuesday, steps up fighting Read More »

By Gabrielle Tétrault-Farber and Denis Balibouse GENEVA (Reuters) -The 700-piece private jewellery collection of the late Austrian billionaire Heidi Horten, the world’s largest and most valuable collection of its kind to come to auction, could sell for more than $150 million, Christie’s said on Monday. Some of its most spectacular pieces include the 90-carat “Briolette …

Austrian billionaire’s jewels seen fetching over $150 million at auction Read More »

By Elizabeth Piper KYIV (Reuters) -President Volodymyr Zelenskiy moved on Monday to formalise the day that Ukraine marks the allied victory over Nazi Germany in World War Two as May 8, aligning it with Western nations in a repudiation of the Soviet past quickly condemned by Moscow. Speaking to Ukrainians on a hill overlooking Kyiv, …

Ukraine moves day to mark Nazi surrender in shift towards West Read More »

By Angelo Amante and Crispian Balmer ROME (Reuters) – Lab-grown food is potentially dangerous for one’s health, Italy’s agriculture minister told Reuters, calling it “slush” that could never taste like natural meat or fish. In March, Italy’s right-wing government proposed a bill to ban the production and import of cultured food and feed, which are …

Italy agriculture minister says ‘slush’ lab-food threatens quality products Read More »

PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen group, lifted operating profit by 60.8% year-on-year to 542 million euros ($598 million) in the first quarter, while revenue rose by a third to 6.8 billion euros, the company said on Monday. Global deliveries increased in the period by 12.6%, which Skoda had previously …

VW’s Skoda Auto reports 61% rise in Q1 operating profit Read More »

By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Germany’s BioNTech, Pfizer’s partner on COVID-19 vaccines, said on Monday its first-quarter net income plunged on lower demand for the shots as it widens its work on cancer and other diseases. BioNTech, which reported it had built up an 18.6 billion euro ($20.55 billion) balance of cash …

Cash-rich BioNTech broadens scope as COVID shot sales slide Read More »

By Yousef Saba DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Monday he sees a big recession in the United States as unlikely, although a period of negative growth was possible. “I think it’s less the question of a massive decline in the U.S. – I think that’s very, very unlikely,” Winters …

Standard Chartered CEO says big U.S. recession unlikely Read More »