Reuters UK/EU

(Reuters) – President Vladimir Putin said on Friday that certain “ill-wishers” were stepping up efforts to destabilise Russia and urged members of his cabinet not to allow this “under any circumstances”. He said Russia’s Security Council would discuss ensuring security in the context of what he said were “extremely important” issues concerning relations between the …

Putin says ‘ill-wishers’ are trying to destabilise Russia Read More »

By Muvija M LONDON (Reuters) – British trade unions representing civil servants said on Friday they would review a new pay offer from the government following several days of strikes this year in a long-running dispute. The government said its one-off payment of 1,500 pounds ($1,878) for non-senior staff was part of the highest pay …

UK civil servants unions to consider new pay offer Read More »

By Jonathan Cable LONDON (Reuters) – A crash in British home prices is unlikely but they will dip further this year than earlier thought as the cost of living crisis and rising borrowing costs take their toll on indebted buyers, a Reuters poll showed. As in much of the world, home prices soared during the …

British home prices to slip but won’t come crashing down: Reuters poll Read More »

BUDAPEST (Reuters) – Hungary should not consider adopting the euro before 2030 as joining the single currency zone before its economy is duly prepared would backfire, central bank governor Gyorgy Matolcsy said on Friday. Matolcsy said once Hungary reaches about 90% of the EU’s average level in terms of economic development, then the adoption of …

Hungary cbank chief sees chance for euro adoption only after 2030 Read More »

By Greg Torode Singapore (Reuters) -A senior NATO official on Friday urged Beijing to be more open about its accelerating nuclear weapons build-up, saying that as a global power, China had a responsibility to improve transparency. Angus Lapsley, the North Atlantic Treaty Organisation’s (NATO) Assistant Secretary General for Defence Policy and Planning, told the Shangri-La …

NATO official calls for transparency over nuclear weapons Read More »

PARIS (Reuters) – Mercedes Benz Group, a longtime partner of Renault in vans, won’t take part in the French company’s FlexEvan electric project and will focus instead on its own premium electric vehicle VAN.EA, two sources with knowledge of the matter said. FlexEvan, scheduled to launch in 2026, is being developed for the Renault and …

Mercedes won’t join Renault’s new electric van project-sources Read More »

LONDON (Reuters) – Torsten Schoeneborn, global co-head of electronic equities and portfolio trading at BNP Paribas, is leaving the firm for another bank, two sources with knowledge of the matter told Reuters on Friday. Schoeneborn did not immediately respond to a request for comment on LinkedIn. Reuters was not immediately able to confirm where he …

Co-head of electronic equities at BNP Paribas leaving for a rival -sources Read More »

By Milana Vinn, Abigail Summerville and David Carnevali NEW YORK (Reuters) – Barclays Chief Executive C.S. Venkatakrishnan held a virtual town hall this week to address management changes that have led to about two dozen U.S. investment bankers fleeing in the last few weeks, people familiar with the matter said. The bankers have left for …

Exclusive-Barclays CEO in bid to stem US talent flight Read More »