Reuters UK/EU

Ukraine says it is finding more Chinese components in Russian weapons

By Matthias Williams and John O’Donnell LONDON/FRANKFURT (Reuters) -Ukrainian forces are finding a growing number of components from China in Russian weapons used in Ukraine, a senior adviser in President Volodymyr Zelenskiy’s office told Reuters, as Western supplies are squeezed by sanctions. In “the weapons recovered from the battlefield we continue to find different electronics,” …

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Bank of England considering urgent reform of deposit guarantee scheme – FT

(Reuters) – The Bank of England is considering a major overhaul of its deposit guarantee scheme, including boosting the amount covered for businesses and forcing banks to pre-fund the system to a greater extent to ensure faster access to cash when a lender collapses, The Financial Times reported on Sunday. The UK’s Financial Services Compensation …

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EU warns against unilateral steps after Poland, Hungary ban Ukrainian grain

WARSAW (Reuters) -Unilateral action on trade by European Union member states is unacceptable, the bloc’s executive said on Sunday, after Poland and Hungary announced bans on grain and other food imports from Ukraine to protect their local agricultural sectors. After Russia’s invasion blocked some Black Sea ports, large quantities of Ukrainian grain, which is cheaper …

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Germany to support critical minerals-rich countries build processing capacity

BERLIN (Reuters) – Germany wants to help countries that are rich in critical minerals such as Chile, Indonesia and Namibia to build their own processing infrastructure to cut dependency on China, Chancellor Olaf Scholz said on Sunday. Berlin is trying to rebalance its relationship with China and reduce reliance on Asia’s powerhouse for key inputs, …

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Horse racing-BHA analysing horse deaths at Grand National, condemns protesters

(Reuters) – The British Horseracing Authority (BHA) said it would investigate the deaths of three horses at the Grand National meeting and condemned animal rights protesters who forced their way into the Aintree grounds to disrupt the event on Saturday. Hill Sixteen was the third horse to die at this year’s three-day festival after a …

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