LUGANO, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy said Monday the reconstruction of his war-battered country is the “common task of the entire democratic world,” as his prime minister laid out a $750 billion recovery plan once the guns of Russia’s invaders fall silent one day. As Russian forces continued their crushing advance in Ukraine’s…
POKROVSK, Ukraine (AP) — Russian President Vladimir Putin on Monday declared victory in the eastern Ukrainian region of Luhansk, one day after Ukrainian forces withdrew from their last remaining bulwark of resistance in the province. Russia’s Defense Minister Sergei Shoigu reported to Putin in a televised meeting Monday that Russian forces had taken control of…
LONDON (AP) — Breakfast food giant Kellogg Co. lost a legal bid Monday to block new anti-obesity measures in England banning the promotion of sugary cereals. The U.S. company that makes Coco Pops, Frosted Flakes, Frosties and Rice Krispies had challenged the U.K. government over regulations taking effect in October restricting the promotion of foods…
MEXICO CITY (Reuters) – U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will discuss terms of the U.S.-Mexico-Canada (USMCA) agreement, which was ratified in 2018, during a visit to Mexico, Mexican President Andres Manuel Lopez Obrador said Monday. “We’ll have a summit to discuss terms of the trade agreement treaty… in Mexico,” Lopez…
NEW YORK (AP) — The rent has come due for America’s small businesses and at a very inopportune time. Landlords were lenient about rent payments during the first two years of the pandemic. Now, many are asking for back rent, and some are raising the current rent as well. Meanwhile, most of the government aid…
By Carolyn Cohn LONDON (Reuters) – World stocks rose in holiday-thinned trade on Monday, helped by a bounce in oil as concerns over tight supply outweighed recession fears. European stocks rallied 0.8% and Britain’s FTSE rose over 1%, boosted by gains in oil and gas companies. [.EU][.L] Oil dropped $1 a barrel earlier on Monday…
By Anna Ringstrom and Essi Lehto STOCKHOLM (Reuters) -Wage talks between Scandinavian airline SAS and its pilots collapsed on Monday, triggering a strike that puts the future of the carrier at risk and adds to travel chaos across Europe as the peak summer vacation period begins. The action is the first major airline strike to…
By Joice Alves LONDON (Reuters) – The euro and sterling rose on Monday against the dollar in a quiet trading session amid a holiday in the U.S., while global risk sentiment has improved. With the U.S. markets closed for Independence Day, markets expected a light trading day, with major currencies gaining some ground against the…
LONDON (Reuters) -EasyJet’s chief operating officer (COO) has stepped down after the airline cancelled thousands of flights this summer to try to limit the disruption caused to passengers from staff shortages in the air and on the ground. Peter Bellew resigned on Friday to pursue other opportunities, the British low-cost carrier said on Monday. It…
FRANKFURT (Reuters) – The European Central Bank plans to gradually revamp its 344 billion euro ($358 billion) corporate debt portfolio to favour greener firms, it said on Monday, taking another step in aligning monetary policy with climate change goals. The ECB has long said that the fight against climate change is crucial in maintaining financial…
