CAIRO/DUBAI (Reuters) -Sudan’s warring factions signed an agreement late on Saturday for a seven-day ceasefire as fighting that has plunged the country into chaos and displaced more than a million entered its sixth week. The ceasefire will take effect at 9:45 p.m. Khartoum time (1945 GMT) on Monday, the sponsors of the talks, the United…
By John Irish and Sakura Murakami HIROSHIMA, Japan (Reuters) -Ukraine’s Volodymyr Zelenskiy held talks with India’s Narendra Modi on Saturday and was due to meet other “Global South” leaders at a Group of Seven (G7) summit aimed at broadening support for his country in its war against Russia. The three-day G7 meeting in the Japanese…
MILAN (Reuters) – Telecom Italia (TIM) is being urged by some directors to hold an extraordinary board meeting to name a candidate sponsored by top investor Vivendi to fill a vacant director seat at the former phone monopoly, two sources said on Saturday. Vivendi is currently at loggerheads with TIM’s management over its plans to…
By Luc Cohen NEW YORK (Reuters) -A judge said on Friday he would decide by the end of the month whether a JPMorgan Chase & Co lawsuit should proceed against a former executive who it accuses of entangling the bank with late financier and convicted sex offender Jeffrey Epstein. U.S. District Judge Jed Rakoff in…
By Katya Golubkova and John Irish HIROSHIMA, Japan (Reuters) -Leaders of the world’s richest democracies acted on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China. The Group of Seven (G7) leaders,…
By Lananh Nguyen NEW YORK (Reuters) – When James Gorman made one of the biggest announcements of his career on Friday — that he would be stepping down as Morgan Stanley CEO within a year — he still managed to crack a joke. “An issue of paramount importance to shareholders, employees and clients is, of…
(Reuters) – Leaders of the Group of Seven (G7) agreed on Saturday to establish an initiative to counter economic “coercion”, pledging to take steps to ensure that any actors attempting to “weaponise” economic dependence would fail and face consequences. The initiative, dubbed Coordination Platform on Economic Coercion, will use early warning and rapid information sharing…
TOKYO (Reuters) – Group of Seven leaders on Saturday agreed to a new initiative to counter economic coercion, and pledged action to ensure that any actors attempting to weaponise economic dependence would fail and face consequences. The initiative, dubbed Coordination Platform on Economic Coercion, will use early warning and rapid information sharing on economic coercion…
HIROSHIMA, Japan (Reuters) – U.S. President Joe Biden aims to speak this weekend with Brazil’s President Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi about Ukraine and the “sacrosanct” issue of sovereignty and territorial integrity, U.S. national security adviser Jake Sullivan said on Saturday. Lula and Modi are attending a summit of…
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed out the trading week on a soft note on Friday as early gains dissipated after U.S. debt ceiling negotiations in Washington were paused, denting optimism a deal could be reached in coming days to dodge a default. Stocks had rallied over the past two sessions…
