By Valentina Za and Sara Rossi MILAN (Reuters) – Italy will launch a new bond aimed at retail investors next week, targeting cash held in low-yielding bank accounts as it finds ways to compensate for dwindling European Central Bank debt purchases. Market sources say the sale of new BTP Valore (“BTP Value”) bonds with a …
Analysis – Italy’s race for savers’ cash could threaten bank profits Read More »
PARIS (Reuters) – Mercedes-Benz would need at least 200 GWH battery capacity or roughly 8 gigafactories worldwide to go close to full electrification, the company’s CEO Ola Kallenius told Reuters. “Whereas we cannot exactly foresee the market (…) if you do the math on Mercedes, if you want to go close to full electrification, we …
BRUSSELS/WARSAW (Reuters) -The European Commission and U.S. State Department have expressed concern about a new Polish law they say could effectively ban individuals deemed to have acted under Russian influence from holding public office without providing proper judicial review. The law, which Poland’s president on Monday said he would sign into law, was developed by …
EU, US concerned new Polish law on Russian influence to affect election Read More »
By Inti Landauro and Corina Pons MADRID (Reuters) – A Spanish talk show host’s gesture of disbelief, with eyes rolled and arms thrown high, upon hearing Monday’s announcement of a snap general election at the height of the summer holiday season has gone viral in Spain. The reaction of Angels Barcelo to the July 23 …
Surprised Spaniards face choice: Ballot box or the beach Read More »
By Guy Faulconbridge MOSCOW (Reuters) -President Vladimir Putin said on Tuesday that Ukraine’s biggest ever drone strike on Moscow was an attempt to scare and provoke Russia, and air defences around the capital would be strengthened. Russia said eight drones targeted civilian areas of Moscow and the Moscow region – with a population of over …
Putin says Ukraine drone strikes on Moscow aim to scare and provoke Russia Read More »
By David Shepardson WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said Tuesday it is closing its investigation into 580,000 Tesla vehicles over the automaker’s decision to initially allow games to be played on the front center touchscreen. Shortly after NHTSA opened its investigation into Tesla’s “Passenger Play” in December 2021, Tesla agreed …
US agency closes investigation into Tesla game feature Read More »
MOSCOW (Reuters) – After the biggest ever drone strike on Moscow brought the Ukraine war to the Russian capital, Muscovites carried on with their lives with the fatalism for which they are famous. On a warm spring day in the city centre, residents could be seen taking selfies in front of the Bolshoi Theatre while …
As drone war comes to Russia, Muscovites shrug their shoulders and carry on Read More »
LONDON (Reuters) – OPEC and its allies, including Russia, meet in Vienna on June 4 to decide on their output policy. The group, known as OPEC+, agreed on April 2 to increase crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand, after several members pledged unilateral cuts. The …
MOSCOW (Reuters) – Ukraine launched a major drone attack on Moscow on Tuesday though all of them were destroyed by air defence systems, Russia’s defence ministry said. The attack came just weeks after the Kremlin was hit in a drone strike that Russia blamed on Ukraine, and simultaneously with the latest wave of Russian airstrikes …
Factbox-Moscow drone attacks: what do we know so far? Read More »
By Paul Sandle LONDON (Reuters) – British supermarket Asda said it would buy the bulk of petrol station operator EG Group’s UK and Ireland business to speed up its move into the convenience sector, creating a company with combined revenue of nearly 30 billion pounds ($38 billion). Asda, Britain’s third-largest grocer, and EG are both …
UK’s Asda to buy EG petrol stations unit in $2.9-billion deal Read More »
