Reuters UK/EU

Exclusive-Italy informally backed Credit Agricole’s higher BPM stake, sources say

By Giuseppe Fonte and Valentina Za ROME (Reuters) – France’s Credit Agricole had informal backing from the Italian government before it said on Friday it was raising its stake in Banco BPM, two sources close to the matter told Reuters. The increase intensifies a banking battle in Italy, begun when UniCredit last month made a …

Exclusive-Italy informally backed Credit Agricole’s higher BPM stake, sources say Read More »

Russia’s oil tsar says Trump’s moves to defend US producers ‘fitting’

DOHA (Reuters) – Igor Sechin, the head of Russia’s largest oil producer Rosneft, on Saturday said he approved of U.S. President-elect Donald Trump’s proposals to defend domestic energy producers. Speaking at a conference in Qatar, he said that Trump’s promises during his election campaign involved “fitting” economic measures, including protecting domestic energy producers and the …

Russia’s oil tsar says Trump’s moves to defend US producers ‘fitting’ Read More »

Russian bases in Syria threatened by insurgent advance, say Moscow’s war bloggers

By Andrew Osborn (Reuters) -Two strategically-important Russian military facilities in Syria and Moscow’s very presence in the Middle East are under serious threat from rapidly advancing insurgents, Russian war bloggers have warned. With Russian military resources mostly tied down in Ukraine where Moscow’s forces are rushing to take more territory before Donald Trump comes to …

Russian bases in Syria threatened by insurgent advance, say Moscow’s war bloggers Read More »

Soccer-Everton v Liverpool postponed due to adverse weather conditions

(Reuters) -The Premier League clash between Everton and Liverpool has been postponed due to adverse weather conditions, hosts Everton said on Saturday. The Merseyside derby, scheduled later on Saturday at Goodison Park, is the first English top-flight soccer match to be postponed over storm Darragh. The decision to postpone was taken following a safety advisory …

Soccer-Everton v Liverpool postponed due to adverse weather conditions Read More »

Germany’s Scholz not ruling out Berlin taking stake in Thyssenkrupp steel

FRANKFURT (Reuters) – German Chancellor Olaf Scholz is not ruling out Berlin potentially taking a stake in the steel business of conglomerate Thyssenkrupp, he told a German newspaper. “I’m not taking any option off the table now,” he told Funke Media Group when asked whether such a move was possible, adding the German government had …

Germany’s Scholz not ruling out Berlin taking stake in Thyssenkrupp steel Read More »