Pakistan’s PIA to resume flights to Europe on Jan. 10 after 4-1/2 year ban

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan International Airlines said on Friday it will resume flights to Europe in January, starting with Paris, after the EU aviation regulator lifted a ban on the national flag carrier. PIA’s authorisation to operate in the EU was suspended in June 2020 over concerns about the ability of Pakistani …

Pakistan’s PIA to resume flights to Europe on Jan. 10 after 4-1/2 year ban Read More »

South Korea’s Yoon under pressure to resign as threat of impeachment looms

By Ju-min Park and Hyunsu Yim SEOUL (Reuters) -South Korea’s ruling party leader said President Yoon Suk Yeol needed to be removed from power for trying to impose martial law, increasing the pressure on him to quit even though members of his People Power Party late on Friday reaffirmed its formal opposition to his impeachment. …

South Korea’s Yoon under pressure to resign as threat of impeachment looms Read More »

Serbian students block classes to protest roof collapse deaths

BELGRADE (Reuters) – Serbian university students blocked entry to some classes at dozens of state-run faculties across the country on Friday and boycotted others, demanding the prosecution of those responsible for the deadly collapse of a train station roof which has sparked a series of protests. The concrete awning of the recently renovated roof caved …

Serbian students block classes to protest roof collapse deaths Read More »

Ubisoft shareholders in talks over possible buyout terms, sources say

By Amy-Jo Crowley and Julie Zhu LONDON/HONG KONG (Reuters) -Shareholders of Ubisoft Entertainment SA are considering how to structure a possible buyout of the Assassin’s Creed video game maker without reducing the founding family’s control, two people familiar with the matter told Reuters. The Guillemot family, which is the largest and founding shareholder, has been …

Ubisoft shareholders in talks over possible buyout terms, sources say Read More »

UniCredit’s Munich offices searched in VAT fraud probe over ex client

MILAN (Reuters) -Italian bank UniCredit on Friday said a German probe over alleged tax evasion concerned a single former client, after its Munich offices were raided in an investigation into a possible 200 million euro ($212 million) fraud. UniCredit has owned Munich-based lender HVB since 2005. The European Public Prosecutor’s Office (EPPO) said that it …

UniCredit’s Munich offices searched in VAT fraud probe over ex client Read More »