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Britain joins France, Germany in development of long-range missiles

BRUSSELS (Reuters) – Britain will join a programme of European nations to develop long-range missiles, Defence Secretary John Healey said on Thursday, aiming to plug a gap in military inventories that was exposed by Russia’s war on Ukraine. “We are making a UK commitment to the long-range missile programme, a formal commitment alongside Germany, France, …

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Number of female business leaders in Britain falls in 2024, report says

LONDON (Reuters) – The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an “unacceptable” reversal that could delay gender parity for another five generations, a consultancy said on Thursday. The Pipeline, which analyses gender diversity at senior corporate levels, said the average proportion …

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Poland’s fashion retailer LPP’s deputy CEO resigns due to health reasons

By Mateusz Rabiega GDANSK (Reuters) – Poland’s largest fashion retailer LPP said on Thursday its deputy CEO Przemyslaw Lutkiewicz resigned from his position due to health reasons. The firm’s CEO is set to put forward Marcin Bojko as a candidate for the deputy role, said LPP in a separate statement. Bojko, who has been acting …

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European shares close higher after ECB lowers interest rates

By Ankika Biswas, Paolo Laudani and Johann M Cherian (Reuters) -European stocks closed less than 1% away from record high levels on Thursday after the European Central Bank delivered a widely expected 25-basis-point rate cut, even though it refrained from offering new clues about its next move. The continent-wide STOXX 600 index ended higher by …

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Factbox-Hamas and Hezbollah leaders targeted by Israel

By Jana Choukeir (Reuters) -Israel has killed numerous leaders of Hamas and its Lebanese ally Hezbollah during more than a year of conflict ignited by the Palestinian militant group’s Oct. 7, 2023 attack on Israel. Members of Israel’s security cabinet have been informed that Hamas leader Yahya Sinwar, a mastermind of the devastating Oct. 7 …

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FTSE 100 touches five-month closing high on optimism over rate cuts

By Pranav Kashyap and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a near five-month high on Thursday, as pest control group Rentokil announced an overhaul of its struggling North America business, while investors continued to bet on further policy easing by the Bank of England (BoE). The blue-chip index rose 0.7% to close …

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Liam Payne died from fall injuries, Argentina autopsy finds

BUENOS AIRES (Reuters) – Former One Direction musician Liam Payne died due to multiple traumas and internal and external bleeding caused by a fall, an Argentine prosecutors’ office said on Thursday, revealing the first official results of the singer’s autopsy. Payne, 31, who shot to global fame with boy band One Direction, was found dead …

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Russia expects Raiffeisen, UniCredit subsidiaries to help launch digital rouble

SOCHI, Russia (Reuters) – Russia expects the local subsidiaries of European banks Raiffeisen Bank International (RBI) and UniCredit to participate in the mass launch of the digital rouble in July 2025 or face potential fines, the central bank said on Thursday. Austria’s RBI and Italy’s UniCredit are two of Russia’s 13 systemically important banks but …

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Moldova says its citizens were trained in Russia to stage riots

By Alexander Tanas CHISINAU (Reuters) – Moldovan police said on Thursday they had uncovered a programme in which hundreds of its citizens were brought to Russia to undergo training to stage riots and civil unrest, the latest in a slew of meddling allegations ahead of Sunday’s election. The police said earlier this month that Russia-backed …

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Northvolt co-founder, Swedish funds may inject cash, broadcaster reports

COPENHAGEN (Reuters) -A co-founder of struggling Swedish battery maker Northvolt is willing to inject 100 million crowns ($9.50 million) in the group and may be joined by pension funds AMF and AP, broadcaster SVT reported late on Wednesday, citing unnamed sources. Northvolt is in talks with investors and lenders to secure short-term funding of some …

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