COPENHAGEN (Reuters) – An object found close to the Nord Stream 2 gas pipeline in the Baltic Sea appeared to be a maritime buoy and does not pose a safety risk, the Danish Energy Agency said on Wednesday. The object, which was retrieved on Tuesday by the Danish navy, was discovered during an inspection of …
Object near Nord Stream 2 pipeline poses no safety risk – Denmark Read More »
By John O’Donnell, John Revill and Stefania Spezzati ZURICH (Reuters) – Straight from a class room to trading securities while just a teenager, Sergio Ermotti has had a career which tracked the Wall Street boom that started in the 1980s, and culminated with him fixing Switzerland’s biggest bank after it fell victim to the last …
The banker Switzerland trusts to stem Credit Suisse crisis Read More »
LONDON (Reuters) -Credit Suisse violated a 2014 plea deal with U.S. authorities by continuing to help ultra-wealthy Americans evade taxes and concealing more than $700 million from the government, the U.S. Senate Finance Committee found on Wednesday. After concluding a two-year investigation into Credit Suisse – which this month agreed to a rescue takeover by …
Credit Suisse has violated U.S. tax evasion deal, Senate Committee finds Read More »
By Jennifer Rigby LONDON (Reuters) – Drugs that combat obesity are under consideration for the first time for the World Health Organization’s “essential medicines list,” used to guide government purchasing decisions in low- and middle-income countries, the U.N. agency told Reuters. Â Â Â A panel of advisers to the WHO will review new requests for drugs to …
WHO to consider adding obesity drugs to ‘essential’ medicines list Read More »
By Kate Abnett BRUSSELS (Reuters) -The European Union enters the final stage of tense talks over how to treat hydrogen produced using nuclear power on Wednesday, in an effort to end a dispute that threatens to thwart a deal on more ambitious renewable energy goals. Negotiators from EU countries and the European Parliament are meeting …
Nuclear dispute hangs over EU renewable energy talks Read More »
By Giuseppe Fonte and Alvise Armellini ROME (Reuters) -Italian Prime Minister Giorgia Meloni’s party has presented a bill in parliament to separate retail and investment banks in a move that, if approved, would force a radical overhaul of the country’s banking sector. The proposal by the Brothers of Italy (FdI) party comes in the wake …
Italy PM’s party presents bill to split retail and investment banks Read More »
BERLIN (Reuters) – The German government has agreed to send an additional 12 billion euros ($13.01 billion) worth of military support to Ukraine. The Budget Committee of the German Bundestag gave the green light on Wednesday for the unbudgeted expenditure, which was requested by the defence ministry and the foreign office. The additional funding includes …
Germany to send additional 12 billion euros in military support to Ukraine Read More »
By Jose Luis Gonzalez CIUDAD JUAREZ, Mexico (Reuters) -At least 38 migrants from Central and South America died after a fire broke out late on Monday at a migrant detention center in the Mexican northern border city of Ciudad Juarez, apparently caused by a protest over deportations, officials said Tuesday. Mexico’s National Migration Institute lowered …
Fire during protest at migrant center kills 38 in Mexico, officials say Read More »
BRUSSELS (Reuters) – The boss of European budget carrier Ryanair said on Wednesday attractive discounts remained the key to securing a new plane deal with Boeing <BA.N after the two sides resumed talks following an 18-month hiatus over jet prices. Chief Executive Michael O’Leary told Reuters that Ryanair was looking at two models: the roughly …
Ryanair says price still key to new Boeing jet deal Read More »
LONDON (Reuters) – British finance minister Jeremy Hunt took aim at the economic plans of former prime minister Liz Truss on Wednesday, saying they had shown why tax cuts should not be funded out of increased government borrowing. In September, Truss outlined hefty tax cuts to drive a dramatic increase in British economic growth, which …
UK’s Hunt: Truss plans showed borrowing can’t fund tax cuts Read More »
