Ukraine Q1 GDP shrinks 0.5% year-on-year, statistics service says
May 5 (Reuters) - Ukraine's economy shrank 0.5% year-on-year in real terms in the first quarter of 2026, the statistics service said on Tuesday. Gross domestic product was down 0.7% compared with the fourth quarter, it added. The Ukrainian economy co...
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Cummins raises revenue outlook on robust power generation demand
May 5 - Cummins lifted its annual revenue growth forecast on Tuesday, supported by resilient demand for its power-generation equipment and expectations from improving North America on-highway vehicles markets. Shares of the U.S. truck engine maker we...
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Palestinian leader's son, long in the shadows, seeks political role
RAMALLAH, May 5 (Reuters) - The millionaire businessman son of Palestinian President Mahmoud Abbas is expected to run for a steering role in his 90-year-old father's political party, sources say, as a succession fight looms for control of the embattled...
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US not looking for a fight with temporary operation to protect ships from Iran, Pentagon chief says
WASHINGTON, May 5 (Reuters) - U.S. Defense Secretary Pete Hegseth said on Tuesday that a U.S. operation to protect commercial ships from Iran in the Strait of Hormuz is temporary and Washington is not looking for a fight. "Project Freedom is defensi...
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Israeli strikes kill two Palestinians in Gaza, medics say
CAIRO/GAZA, May 5 (Reuters) - Israeli strikes killed at least two Palestinians and wounded several others in the Gaza Strip on Tuesday, health officials said. Medics said a Palestinian was killed and two others were wounded by an Israeli airstrike ne...
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