Reuters UK/EU - Squid Business

Eurovision 2023: Sweden leads the betting ahead of Finland and Ukraine

By Paul Sandle and Sarah Mills LIVERPOOL, England (Reuters) – Sweden’s Loreen is favourite to win Eurovision ahead of Finland’s Kaarija and Ukraine’s Tvorchi, bookmakers William Hill said on Friday, adding that Australian rockers Voyager were also being backed after their appearance in Thursday’s semi-final. The Grand Final of the song contest will be held …

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Six children, Russian official reported hurt in Luhansk missile strike

(Reuters) – Russian-installed officials on Friday said missiles fired by Ukrainian forces had injured six children and a Russian parliamentarian and damaged two disused factories in eastern Luhansk region’s main city, about 100 km (60 miles) behind the frontlines. Luhansk authorities, in a post on Telegram, said two Ukrainian-made “grom” tactical missiles damaged or destroyed …

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BoE’s Pill says ‘there may be more work to do’ to lower inflation

By David Milliken LONDON (Reuters) – Bank of England Chief Economist Huw Pill said on Friday that the British central bank might have to do more to bring down inflation, a day after the BoE raised interest rates for a 12th meeting in a row. Pill said there was evidence of “a more favourable pattern …

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UK’s FTSE 100 rises as energy, healthcare stocks shine, though ends week lower

By Johann M Cherian and Shashwat Chauhan (Reuters) -Britain’s FTSE 100 index closed higher on Friday, with healthcare and energy stocks leading as oil prices rebounded and drugmaker GSK jumped, while data showed the British economy grew slightly in the first quarter of the year. The blue-chip FTSE 100 rose 0.3%, snapping a three-day losing …

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Spanish PM will ask Biden to listen to China, Brazil on Ukraine

(This May 11 story has been corrected to remove reference to more weight in paragraph 1) By Belén Carreño MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez will ask U.S. President Joe Biden in Washington on Friday to listen to the opinions of non-NATO members such as China and Brazil on the war in Ukraine, …

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Awkward moment in Denmark’s parliament as Greenlandic MP refuses to speak Danish

COPENHAGEN (Reuters) – A Greenlandic MP on Friday refused to speak Danish during a debate in the Danish parliament and instead spoke in her native Inuit language, frustrating uncomprehending lawmakers and highlighting strained relations between Denmark and Greenland. Aki-Matilda Hoegh-Dam, one of two members of the Danish parliament representing Greenland, held a nearly 7-minute long …

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Russian military helicopter crashes over Crimea, 2 pilots dead

(Reuters) -Two Russian pilots were killed on Friday when a Russian Mi-28 military helicopter crashed in the annexed peninsula of Crimea, Russian news agencies reported, citing the defence ministry. The defence ministry said it believed the reason for the crash was equipment failure, the TASS news agency reported. The crash occurred at 3.42 p.m. (1242 …

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HSBC to pay $75 million in penalties to settle U.S. CFTC charges

By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S. Commodity Futures Trading Commission (CFTC) charges related to manipulative and deceptive trading and record-keeping failures, the regulator on Friday. HSBC Bank USA agreed to pay a $45 million civil penalty for manipulative and deceptive trading …

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Iran frees two French citizens, says Macron

By Dominique Vidalon PARIS (Reuters) -Two French citizens, Bernard Phelan and Benjamin Briere, have been freed from detention in Iran, President Emmanuel Macron said on Friday, calling it “a relief”. French Foreign Minister Catherine Colonna said in a separate statement that both men were now on their way to France, adding that she spoke to …

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Kremlin: U.S. transfer of forfeited funds to Ukraine will backfire

(Reuters) – The Kremlin on Thursday criticised a decision by the United States to transfer to Ukraine the forfeited assets of conservative Russian businessman Konstantin Malofeyev, saying it was illegal and would backfire on Washington. A federal judge in February ordered Malofeyev to forfeit the money from his account at Denver-based Sunflower Bank, after prosecutors …

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