MOSCOW (Reuters) – A Kremlin aide urged the Russian government on Thursday to adopt legislation allowing foreign flagged vessels to use the Northern Sea Route (NSR), which Moscow wants to turn into a new Suez Canal. The NSR runs from Murmansk near Russia’s border with Norway eastwards to the Bering Strait near Alaska. Although the…
By Tom Balmforth KYIV (Reuters) -After a week of heavy fighting, the real tests of Kyiv’s counteroffensive lie ahead, with Ukrainian troops some distance from Russia’s main defensive line and the bulk of forces prepared for the push still on standby. Ukraine struck in two areas along the southeastern front last week as it began…
PARIS (Reuters) – French power company Engie said on Thursday it is launching a new brand called Vianeo which will form part of its push into the potentially fast-growing sector of building charging points for electric cars. Engie said the Vianeo brand would be rolled out to an initial 1,000 charging points already in operation…
By Rupam Jain NEW DELHI (Reuters) -Indian police filed charges of sexual harassment and criminal intimidation on Thursday against the chief of the country’s wrestling federation, a powerful member of the ruling Bharatiya Janata Party (BJP), following complaints by female wrestlers. Public Prosecutor Atul Srivastav read out the charges against Brij Bhushan Sharan Singh, a…
By Humeyra Pamuk, David Brunnstrom and Simon Lewis WASHINGTON (Reuters) -The United States on Wednesday played down expectations of any breakthrough from the first trip by a U.S. Secretary of State to China in five years, after a tense call with China’s foreign minister ahead Antony Blinken’s visit to Beijing next week. Chinese foreign minister…
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a renewed slump in housing activity and financial pain for homeowners on a par with the late 1980s. Lenders have repeatedly re-priced and pulled home loan offerings in…
By Jesús Aguado MADRID (Reuters) -Santander said on Thursday it has appointed Pedro Castro e Almeida as regional head for Europe as the Spanish bank bets on this region to drive growth. Castro e Almeida is replacing Antonio Simoes, who has been hired as the new CEO of Britain’s Legal and General Group. As regional…
By Jonathan Allen and Kanishka Singh NEW YORK (Reuters) -A New York grand jury voted on Wednesday to indict Daniel Penny, a former U.S. Marine sergeant, in last month’s killing of Jordan Neely, a homeless man, with a chokehold on a Manhattan subway car, a person familiar with the case said. Penny, 24, was captured…
By Chayut Setboonsarng BANGKOK (Reuters) – Overseas travel bookings from mainland China are currently at just over half of pre-pandemic levels but are on course to return to the 2019 numbers by the end of this year or early 2024, the head of online travel agency Agoda said on Thursday. China was the world’s largest…
By John Revill and Fanny Potkin SINGAPORE/ZURICH (Reuters) -Siemens will spend 2 billion euros ($2.2 billion) on a new global investment plan, the German engineering group said on Thursday, to make its operations more resilient against supply chain disruptions and geopolitical tensions. Siemens will build new factories, research and development centres and training sites around…
