Reuters UK/EU - Squid Business

Trump family members and allies bask in crypto euphoria at Gulf bitcoin gathering

By Michelle Conlin and Federico Maccioni NEW YORK/ABU DHABI (Reuters) -Key players in U.S. President-elect Donald Trump’s new cryptocurrency venture were among high-profile industry figures gathering at a bitcoin conference in Abu Dhabi on Monday, as the digital currency sets record highs. Speakers at the two-day event include Trump’s son Eric as well as billionaire …

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Unilever CFO takes on additional responsibility amid operational overhaul

(Reuters) – Unilever said on Monday CFO Fernando Fernandez would take on more responsibilities, including overseeing supply chain and procurement, as the company overhauls its operations to focus on its “power” brands. The FTSE 100 company said Fernandez would also look into digital, technology and business services, and would get a 7.5% fixed pay rise. …

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Soccer-Michel demands aggression from Girona in ‘historic’ meeting with Liverpool

(Reuters) – Girona will need to be more aggressive and outwork Liverpool when the two teams meet in a Champions League clash at the Montilivi Stadium, the Spanish club’s coach Michel said on Monday. Girona, who finished third in LaLiga last season, currently sit in ninth place in the Spanish top-flight and are on a …

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UK to limit engagement with Georgian government

LONDON (Reuters) – Britain will limit engagement with the Georgian government and restrict defence cooperation, Foreign Secretary David Lammy said on Monday in a statement condemning violence against protestors and journalists there. The South Caucasus country of 3.7 million people has been rocked by protests since late November after the ruling Georgian Dream party announced …

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Syria’s Assad is in Moscow after deal on military bases, says Russian state media

By Andrew Osborn and Maxim Rodionov (Reuters) -Syria’s former President Bashar al-Assad is in Moscow with his family after Russia granted them asylum on humanitarian grounds, a Kremlin source told Russian news agencies on Sunday, and a deal has been done to ensure the safety of Russian military bases. Russia’s Foreign Ministry said earlier that …

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SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year

By Indradip Ghosh BENGALURU (Reuters) – The Swiss National Bank will again cut its key policy rate by 25 basis points on Dec. 12, according to an over-85% majority of economists polled by Reuters, with most expecting the rate to reach near-zero in 2025, lower than previously thought. Financial market pricing is pushing more toward …

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After toppling French government, far-right National Rally loses key by-election

By Gabriel Stargardter PARIS (Reuters) -France’s far-right National Rally (RN) suffered a surprise by-election loss late on Sunday, in what its critics said was a sign of voters punishing it for its push last week to topple former Prime Minister Michel Barnier’s government. The close vote in the Ardennes left Marine Le Pen’s RN with …

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Exclusive-Kering in talks with Italy to settle Alexander McQueen tax dispute, sources say

By Emilio Parodi MILAN (Reuters) – French luxury goods group Kering is negotiating with the Italian tax authorities to settle a tax probe centred on its Alexander McQueen fashion brand, two sources with direct knowledge of the matter told Reuters on Monday. Prosecutors in Florence had opened an investigation for omitted tax declarations for the …

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Austria stops processing Syrians’ asylum applications after Assad falls

VIENNA (Reuters) – Austria’s caretaker government said on Monday it had ordered a halt to the processing of asylum applications by Syrians after rebels seized Damascus and President Bashar al-Assad fled to Russia after 13 years of civil war. The civil war forced millions of Syrians to flee the country. They were a large proportion …

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Germany pauses asylum applications for Syrians after fall of Assad

BERLIN (Reuters) – Germany’s Federal Office for Migration and Refugees (BAMF) has put all asylum applications from Syrian nationals on hold until further notice after the toppling Syrian president Bashar al-Assad, an Interior Ministry spokesperson said on Monday. Asylum requests will be not be processed until there is more clarity on political developments in the …

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