(Reuters) -Russian President Vladimir Putin said on Monday he let Saturday’s aborted mutiny go on as long as it did to avoid bloodshed, while the Wagner mercenary group boss who led the uprising said he never intended to overthrow the government. Putin’s televised address was his first public comment since Saturday, when he had said…
(Reuters) – President Vladimir Putin on Monday paid tribute to pilots who were killed during the failed weekend mutiny, confirming earlier reports by military bloggers that several planes were shot down by Yevgeny Prigozhin’s Wagner militia. Wagner fighters on Saturday took control of the southern city of Rostov-on-Don and its military command centre steering the…
By Iain Withers and Chiara Elisei LONDON (Reuters) – HSBC’s move to ditch its 45-floor Canary Wharf tower in favour of a much smaller development in central London is one of the most visible examples yet of an office downsizing trend that’s rocking commercial real estate markets globally. Europe’s largest bank told staff on Monday…
By Iain Withers and Chiara Elisei LONDON (Reuters) – HSBC’s move to ditch its 45-floor Canary Wharf tower in favour of a much smaller development in central London is one of the most visible examples yet of an office downsizing trend that’s rocking commercial real estate markets globally. Europe’s largest bank told staff on Monday…
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – U.S. stocks closed lower on Monday, as investors were wary of betting on riskier assets before seeing the outcome of Russia’s aborted weekend mutiny. The rebellion by Russian mercenaries raised questions about President Vladimir Putin’s future. While Putin on Monday thanked mercenary fighters and…
By Chibuike Oguh NEW YORK (Reuters) -Shares of SL Green Realty Corp surged on Monday after the real estate investment trust (REIT) said it had sold a nearly 50% stake in one of its New York City office buildings at a $2 billion valuation. The deal could spell hope for the Big Apple’s beleaguered commercial…
By Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world economy was now at a crucial point as countries struggle to rein in inflation. Despite the relentless rise in rates over the last 18 months, inflation…
MANILA (Reuters) – Philippine Finance Secretary Benjamin Diokno said he expected the central bank, of which he is a policymaker, to take a “long pause” in raising interest rates steady as inflation is expected to ebb. The bank held its key policy rate steady at 6.25% for a second straight meeting on Thursday. “I think…
By Akash Sriram (Reuters) -Fox News said on Monday that network veteran Jesse Watters would fill the key prime-time slot left vacant by the exit of top-rated host Tucker Carlson. Carlson left the network in April, less than a week after parent company Fox Corp settled a $787.5 million defamation lawsuit with Dominion Voting Systems,…
(Reuters) -Trading platform Robinhood Markets said on Monday it was cutting some of its full-time jobs, as it looks to offset costs amid slowing demand for its services. The Menlo Park, California-based company added that in some cases, teams could make changes based on volume, workload and other factors. Earlier in the day, the Wall…
