Reuters UK/EU

KYIV (Reuters) – Ukraine denied on Wednesday that a Russian hypersonic missile had destroyed a U.S.-made Patriot missile defence system during an air strike on Kyiv. Russia’s defence ministry made the assertion on Tuesday after an overnight air attack on the Ukrainian capital. Two U.S. officials later said a Patriot system had probably suffered damage …

Ukraine denies Russia destroyed Patriot missile defence system Read More »

(Reuters) -Russia confirmed on Wednesday that a deal to allow Ukraine to export its grain safely across the Black Sea, despite Russia’s military campaign in Ukraine, had been extended for two months. Foreign Ministry spokeswoman Maria Zakharova said the deal had been extended to help countries in need, but added that Russia’s overall assessment of …

Russia confirms Black Sea grain deal renewed for two months Read More »

ZURICH (Reuters) – Credit Suisse’s collapse and its takeover by UBS will be investigated by a parliamentary commission, Swiss media reported on Wednesday, citing the office of Switzerland’s upper house of parliament. The office of the Council of States, Switzerland’s upper house, has spoken out in favour of setting up a parliamentary commission of inquiry, …

Swiss parliament to launch investigation into Credit Suisse collapse – media Read More »

By Sarah N. Lynch and Laura Sanicola WASHINGTON (Reuters) -A subsidiary of BP plc will pay a record-setting $40 million penalty to settle civil U.S. charges that its Indiana-based oil refinery violated federal laws aimed at curbing emissions of cancer-causing benzene in wastewater and other harmful pollutants, the U.S. Justice Department said on Wednesday. The …

BP unit to pay record $40 million to settle U.S. air pollution civil charges Read More »

By Supantha Mukherjee and Elvira Pollina STOCKHOLM/MILAN (Reuters) -Technology companies which account for more than 5% of a telecoms provider’s peak average internet traffic should help pay for the rollout of 5G and broadband across Europe, according to a draft proposal by the telecoms industry. The proposal is part of feedback to the European Commission …

Exclusive-Telcos draw up proposal for charging Big Tech for EU 5G rollout Read More »

By Huseyin Hayatsever and Michelle Nichols ANKARA/UNITED NATIONS (Reuters) -The Ukraine Black Sea grain deal has been extended for two more month, Turkish President Tayyip Erdogan said on Wednesday, one day before Russia could have quit the pact over obstacles to its grain and fertiliser exports. The flow of ships through the corridor had been …

Erdogan says Black Sea grain deal extended for two months Read More »

PARIS (Reuters) -France’s food industry has agreed to reopen price negotiations with retailers early, Finance Minister Bruno Le Maire said on Wednesday, after he put pressure on big food companies to lower prices. “This is excellent news for consumers, it means that prices are going to be renegotiated lower early, so we will be able …

French food companies, retailers to renegotiate prices – minister Read More »