Reuters UK/EU

Barclays calls allegations against former CEO Staley ‘serious and new’

By Iain Withers LONDON (Reuters) – Barclays has said recent allegations against its former Chief Executive Jes Staley are “serious and new”, after U.S. lawsuits alleged he had a close relationship with Jeffrey Epstein and alleged involvement in his sex-trafficking operation. The British bank said in a notice ahead of its annual general meeting scheduled …

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Jounce dumps Redx Pharma for acquisition by Concentra; to cut 84% of jobs

(Reuters) – Jounce Therapeutics Inc on Monday agreed to be acquired by privately held Concentra Biosciences for $96.46 million, while spurning a merger deal with British biotech firm Redx Pharma. The new Concentra deal also involves a workforce reduction of about 84% of Jounce’s employees, compared to about 57% as part of the Redx deal, …

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Humza Yousaf: Scotland’s next leader faces independence challenge

By Kylie MacLellan and Alistair Smout LONDON (Reuters) – Humza Yousaf, the man set to become Scotland’s first Muslim leader after a bruising contest to replace Nicola Sturgeon, is an experienced minister who faces a tough task uniting the Scottish National Party around its independence bid. Announced the winner in the race, which will see …

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Hungary’s booming wedding market doused by soaring inflation

By Gergely Szakacs and Krisztina Fenyo BUDAPEST (Reuters) – Soaring inflation is taking the steam out of Hungary’s wedding market, supercharged in recent years by Prime Minister Viktor Orban’s lavish family support measures, with the number of weddings plunging to a nine-year-low at the start of 2023. Nationalist Orban, in power since 2010, has launched …

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Explainer: Uproar over Israeli judicial changes – what’s it all about?

JERUSALEM (Reuters) – Prime Minister Benjamin Netanyahu faced increasing pressure on Monday to put the brakes on his government’s drive to enact sweeping changes to the Israeli judiciary, with hundreds of thousands of protesters taking to the streets. The courts overhaul plan has sparked unprecedented public anger since Netanyahu’s coalition of hard-right and religious parties …

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Exclusive-German prosecutors, prompted by Reuters report, search home of pro-Kremlin activists

By Mari Saito and Maria Tsvetkova BERLIN/NEW YORK (Reuters) – German prosecutors said on Monday they searched the home of two pro-Kremlin activists, looking for evidence to corroborate a Reuters report that the couple donated cash to buy radios for Russian soldiers in Ukraine. Reuters reported in January that Max Schlund and his romantic partner …

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