Reuters UK/EU

By Dan Peleschuk KYIV (Reuters) – Anti-corruption authorities in Ukraine said on Tuesday they had detained the head of the country’s Supreme Court in an investigation they cast as an important step in Kyiv’s fight against high-level graft. Kyiv has redoubled efforts to clamp down on corruption despite Russia’s invasion, and doing so is vital …

Ukraine detains Supreme Court chief in high-level corruption case Read More »

LONDON (Reuters) -Britain’s departure from the European Union has not been a failure, Prime Minister Rishi Sunak’s spokesperson said on Tuesday, rebuffing criticism from prominent eurosceptic politicians about how Brexit had been implemented. Nigel Farage, the British politician who helped force a Brexit referendum in 2016 and successfully campaigned to leave the European Union, said …

UK government rejects criticism that Brexit has failed Read More »

By Aby Jose Koilparambil (Reuters) -Land Securities would invest more in prime retail spaces in the near term, buoyed by positive outlook for that portfolio, its CEO said on Tuesday, after the British landlord’s year-end valuation of its properties trumped market view. Rising interest rates and deepening macro-economic worries have dampened a tentative recovery in …

UK’s Landsec adds retail to focus list after property valuation beats estimates Read More »

By Sarah Young LONDON (Reuters) -Britain’s Greggs expects further growth this year as its range of baked goods and new products keep it on track to meet forecasts despite tighter household budgets. Greggs’ profit is predicted to rise 10% this year even as disposable incomes are squeezed by high inflation, with the company’s value offering …

Greggs predicts further growth as Britons seek value food options Read More »

By Scott Murdoch and Melanie Burton SYDNEY (Reuters) – Credit Suisse’s Australian metals and mining team will join boutique local advisory firm Gresham, according to a source familiar with the matter, as the collapsed Swiss bank’s takeover by rival UBS gathers pace. Managing Director Adam Reid, who joined the bank last year from RBC Capital …

Credit Suisse’s Australian team to join boutique adviser Gresham – source Read More »

By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will hike its key interest rates by 25 basis points at each of the next two meetings, according to economists polled by Reuters, many of whom also said the bigger risk was rates could go higher still in the future. Several ECB policymakers have reiterated …

ECB to hike twice more and more could come as inflation stays hot – Reuters poll Read More »

By Andreas Rinke and Michel Rose REYKJAVIK (Reuters) – European leaders will travel to Iceland on Tuesday for a two-day summit meant to show their support for Ukraine but also send a powerful message on core democratic values many feel are under threat in and outside Europe. In only the fourth summit of the Council …

European leaders meet in Iceland to reaffirm values as Ukraine war rages on Read More »

WASHINGTON (Reuters) -The United States is seeing more indications that Russia and Iran are expanding an unprecedented defense partnership that will help Moscow prolong its war in Ukraine as well as pose a threat to Iran’s neighbors, the White House said on Monday. As part of the cooperation, Iran is providing Russia with one-way attack …

US sees more indication of Russia, Iran defense cooperation Read More »

By Timour Azhari and Amina Ismail BAGHDAD (Reuters) – Living in Baghdad’s sprawling Sadr City suburb for the past 15 years, Khodr Abbas, 73, had to walk along a mud and dirt track to get to his home, where he would struggle to get fresh water to flow and waste-water to flush through rickety pipes. …

Baghdad gets make-over as repairs kindle guarded optimism Read More »