Reuters UK/EU

Insurer ASR says it could invest in Dutch defence companies

AMSTERDAM (Reuters) – Dutch insurer ASR said on Monday it would consider investing in Dutch defence companies, following a call from the government to provide capital for a stronger European defence industry. The second-largest insurer in the Netherlands normally excludes investments in defence companies under its policies for responsible investments. It said it would now …

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UK could consider removing proscription of Syria’s HTS, says minister

LONDON (Reuters) – Britain could rethink its proscription of Hayat Tahrir al-Sham (HTS) as a banned organisation, after the group spearheaded the Syrian rebel alliance that helped oust President Bashar al-Assad, British senior minister Pat McFadden said on Monday. “We will consider that. And I think it will partly depend on what happens in terms …

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Swiss insurer Baloise nominates activist investor representative to board

ZURICH (Reuters) -Baloise has nominated Robert Schuchna, a representative of activist shareholder Cevian Capital, to join its board of directors next year, the Swiss insurer said on Monday. Cevian, which in September became Baloise’s biggest investor with a 9.4% stake, has been putting pressure on Baloise to improve its performance, saying its current strategy is …

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Analysis-To Europe’s economic malaise, add a leadership void

By Giselda Vagnoni, Christoph Steitz and Joanna Plucinska (Reuters) – France and Germany’s political crises are a setback for efforts to modernise Europe’s struggling economy and are already making it harder for companies to take the investment decisions they need to compete globally. Government collapses in Germany and France – the big two economies that …

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Trump says Russia abandoned Syria’s Assad, never should have been involved

(Reuters) – U.S. President-elect Donald Trump said on Sunday that Russia’s abandonment of Syrian President Bashar al-Assad led to his downfall, adding Moscow never should have protected him in the first place and then lost interest because of a war in Ukraine that never should have started. “Assad is gone. He has fled his country. …

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