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By Karin Strohecker and Libby George LONDON (Reuters) -Ukraine said on Monday it had reached an agreement in principle with a group of creditors to restructure $20 billion of international bonds, bringing the war-torn country closer to an unprecedented debt rework. Ukraine’s announcement comes just over a week before a two-year debt suspension agreement struck in 2022 is due to run out and marks the first time a country has embarked on a debt restructuring … Read more…

By Howard Schneider WASHINGTON (Reuters) – U.S. President Joe Biden may not have gotten much credit politically for the thousands of grants and public investments his administration showered across the country, with airport or road projects in places like South Carolina and Wyoming unlikely to dent former President Donald Trump’s locked-in status in those deeply conservative states. It may take years, moreover, to reveal whether what Biden attempted – jump-starting a post-carbon energy transition, reshoring … Read more…

(Reuters) -The U.S. Centers for Disease Control and Prevention on Friday confirmed two additional cases of bird flu in Colorado poultry farm workers. Last week, Colorado reported four confirmed infections of H5N1 bird flu and was checking on the status of a fifth suspected case. The two new cases were in poultry workers with exposure to infected poultry during depopulation and disposal activities, the CDC said on Friday. The cases are part of an outbreak … Read more…

By Nobuhiro Kubo and Tim Kelly TOKYO (Reuters) – A U.S. plan to use Japanese factories to boost production of Patriot air defence missiles – used by Ukraine to defend against Russian attacks – is being delayed by a shortage of a critical component manufactured by Boeing, four sources said. Japan’s Mitsubishi Heavy Industries (MHI) already makes about 30 PAC-3 missiles each year under licence from defence contractor Lockheed Martin and can increase that number … Read more…

By Rami Amichay TEL AVIV (Reuters) – A large, long-range drone hit the centre of Tel Aviv in the early hours of Friday, in an attack claimed by the Iranian-backed Houthi militia that killed one man and slightly wounding four others, the Israeli military and emergency services said. The explosion, which did not trigger air raid alarms, occurred hours after the Israeli military confirmed it had killed a senior commander of the Iran-backed Hezbollah militia … Read more…

(Reuters) -Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week, a regulatory filing showed. After the sale, Berkshire owned about 999 million BofA shares. Berkshire is one of the Charlotte, North Carolina-based lender’s largest shareholder. It also invests in several other banks, including Wells Fargo & Co and JPMorgan Chase The conglomerate, owned by Warren Buffett, began investing in Bank of America in 2011, … Read more…