Reuters UK/EU

Sale of Italy’s MPS should help create several big banks, says Meloni

MILAN (Reuters) – The privatisation of Italian lender Monte dei Paschi di Siena should foster the creation of several large banking groups in the country, Prime Minister Giorgia Meloni was quoted as telling the Milano Finanza newspaper on Saturday. Monte dei Paschi (MPS), of which the government owns 64% following a 2017 bailout, is seen …

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Russian billionaires see wealth rise to over half a trillion dollars -Forbes

By Guy Faulconbridge MOSCOW (Reuters) – Russia’s richest people added $152 billion to their wealth over the past year, buoyed by high prices for natural resources and rebounding from the huge loss of fortunes they experienced just after the Ukraine war began, Forbes Russia said. Russia has 110 official billionaires in the list, up 22 …

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Guantanamo inmates showing signs of ‘accelerated ageing’ – ICRC

GENEVA (Reuters) -Inmates who have been held for years in the Guantanamo Bay U.S. detention facility in Cuba are showing signs of “accelerated ageing”, a senior official of the International Committee of the Red Cross said on Friday. “We’re calling on the U.S. administration and Congress to work together to find adequate and sustainable solutions …

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Black Sea grain deal could start winding down next week ahead of ‘expected’ closure

By Michelle Nichols UNITED NATIONS (Reuters) – A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve any new vessels unless their operators guarantee the transits will be done by May 18 – “the expected date of … closure.” Russia has …

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