By Charlotte Van Campenhout BRUSSELS/DUBAI (Reuters) – Three Europeans returned home on Saturday a day after being released by Iran in a prisoner swap, and Tehran said there was no reason for Europeans to be arrested if they were not “exploited” by foreign security services. The three men – two with dual Austrian-Iranian nationality and …
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ANKARA (Reuters) – Turkish President Tayyip Erdogan took the oath of office for a new five-year presidential term on Saturday, extending his rule into a third decade. “I, as president, swear upon my honour and integrity before the great Turkish nation and history to safeguard the existence and independence of the state … to abide …
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ROME (Reuters) – The rapid decline in energy costs should help to tame inflation in Europe, Bank of Italy governor Ignazio Visco said on Saturday, urging companies not to seek to boost their margins by leaving prices higher for longer. Visco, a member of the European Central Bank’s governing council, said the key issue was …
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MOSCOW (Reuters) – Russia’s Gazprom will send 40.3 million cubic metres (mcm) of gas to Europe via Ukraine on Saturday, the company said, down from 40.6 mcm on Friday. (Reporting by Reuters; Editing by Mark Potter)
BERLIN (Reuters) – German consumer goods company Henkel is sticking to its goal in terms of acquisitions despite raising interest rates, the company’s CEO Carsten Knobel told the German newspaper Rheinische Post on Saturday. “We have a strong balance sheet, we intend to make further acquisitions,” he said, adding that acquisitions would be made in …
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By Trevor Hunnicutt WASHINGTON (Reuters) – A senior aide to U.S. President Joe Biden expressed concern about events in northern Kosovo in calls with Prime Minister Albin Kurti and Serbian President Aleksandar Vucic, the White House said on Friday. A political crisis that has spiraled into violence in Kosovo’s north has intensified since ethnic Albanian …
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(Reuters) – The governor of Russia’s Belgorod region said four people were killed on Friday in two separate Ukrainian shelling attacks on towns near the border, while officials in nearby regions reported overnight drone attacks. Governor Vyacheslav Gladkov wrote on Telegram that shelling had struck the town of Maslova Pristan, some 15 kilometres (9 miles) …
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By Jonathan Stempel and Mariam Sunny (Reuters) -Indivior Plc said on Friday it agreed to pay $102.5 million to settle a lawsuit by dozens of U.S. states accusing it of illegally suppressing generic competition for its opioid addiction treatment Suboxone. The North Chesterfield, Virginia-based drugmaker denied wrongdoing in resolving claims by 41 U.S. states and …
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LONDON (Reuters) – Ratings agency Fitch on Friday stuck with its negative outlook for Britain’s sovereign credit rating, citing a weak economy and lingering uncertainty around Brexit trade terms with the European Union. Fitch left the ‘AA’ rating itself unchanged as part of a regular review. It expects Britain to enter a mild recession this …
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(Reuters) – An investor has asked a panel that rules on credit default swaps (CDS) whether a “failure to pay” credit event has occurred for French retailer Casino, which could trigger a payout on the derivatives used to insure against default. The request, viewable on the EMEA Credit Derivatives Determination Committee’s (CDDC) website, comes on …
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