THE HAGUE (Reuters) – Prosecutors in the Netherlands on Friday announced they plan to put a Dutch woman who joined Islamic State on trial for crimes against humanity for enslaving a Yazidi woman in Syria in 2015. The woman, identified by Dutch media as Hasna Aarab, will also be tried for membership of a terrorist …
Dutch to prosecute woman for Islamic State membership, Yazidi enslavement Read More »
By Alexander Hübner and Rachel More BERLIN (Reuters) – Adidas shares slumped as much as 12.6% on Friday after the sportswear maker warned it could plunge to a loss this year for the first time in three decades, in the latest downgrade triggered by its split from Kanye West. Inventory of the rapper and fashion …
Adidas slumps as Kanye split triggers new profit warning Read More »
MOSCOW (Reuters) -Russian mining giant Nornickel said on Friday its earnings before interest, tax, depreciation and amortisation (EBITDA) fell 17% year-on-year in 2022 to $8.7 billion, as it grappled with a drop in sales and supply chain disruption. Nornickel is the world’s largest producer of palladium and refined nickel. While it has not been directly …
Russian miner Nornickel 2022 core profit down as sales drop Read More »
BERLIN (Reuters) – Volkswagen’s board of management presented a five-year investment plan to its supervisory board on Friday which involves speeding up its electrification plans, the carmaker said in a statement, confirming an earlier Reuters report. “The Volkswagen Group has sharpened its product strategy and defined a clear roadmap for software and platforms. This includes …
Volkswagen to speed up electrification in five-year investment plan Read More »
By Riham Alkousaa and Maria Martinez BERLIN (Reuters) – Take-up by German companies of a government scheme to help with energy costs this winter is likely to be lower than projected due to falling spot prices for gas and electricity and what some business owners say is a daunting application process. The government had earmarked …
Analysis-Price falls, red tape curb demand from businesses for German energy subsidy Read More »
ZURICH (Reuters) -Switzerland said on Friday it has rejected a request from Madrid to allow Spain to re-export Swiss-made anti-aircraft guns to Ukraine. Spain made the request in January to allow it to send two 35mm anti-aircraft guns to Ukraine. Switzerland has previously vetoed requests from Denmark and Germany who wanted to send Swiss-made armoured …
Switzerland rejects Spain’s request to send Swiss-made anti-aircraft guns to Ukraine Read More »
LONDON (Reuters) – British taxpayer-backed bank NatWest is set to raise its 2022 bonus pool for staff to between 350-400 million pounds ($420-480 million), a source with knowledge of the matter told Reuters. The pool would represent an increase of up to around a third on the 298 million pounds paid out to staff the …
NatWest set to raise bonus pool above 350 million pounds Read More »
By Anne Kauranen and Essi Lehto HELSINKI (Reuters) -Finnish parliamentary groups said on Friday they may ratify NATO’s founding treaties in the coming weeks, a key step that could lead the country to proceed with membership of the Western military alliance ahead of neighbouring Sweden. The two Nordic countries sought NATO membership shortly after Russia’s …
Finland debates NATO ratification that may leave Sweden behind Read More »
WASHINGTON (Reuters) – The FBI has only recovered very limited physical evidence from a suspected Chinese spy balloon shot down into the ocean on Saturday, and it has not yet been able to get enough information to assess its capabilities, senior bureau officials familiar with the operation said on Thursday. “It’s very early for us …
FBI says Chinese balloon analysis effort is in early stages Read More »
By David Milliken and William James LONDON (Reuters) – Britain’s economy showed zero growth in the final three months of 2022 – enough for it to avoid entering a recession for now – but faces tough prospects in 2023 as households continue to wrestle with double-digit inflation. Monthly gross domestic product data for December – …
UK economy shows zero Q4 growth, narrowly avoids recession Read More »
