By Nell Mackenzie, Farouq Suleiman and Kirstin Ridley LONDON (Reuters) -Odey Asset Management is in advanced talks to move funds and staff to other asset managers as it grapples with the fallout of sexual misconduct allegations against its founder Crispin Odey. The Financial Times and Tortoise Media reported that 13 women had alleged that Odey…
By Renee Maltezou SALAMINA, Greece (Reuters) -Greece’s conservative leader Kyriakos Mitsotakis hopes that victory in an election re-run on June 25 will open the way to finally achieve a goal he set when first elected four years ago: for Greece to regain coveted investment grade status. Mitsotakis’s New Democracy party won a May 21 election…
By Sakura Murakami and John Geddie TOKYO (Reuters) -The Pacific island nation of Palau has asked the United States to step up patrols of its waters after several incursions by Chinese vessels into its exclusive economic zone, President Surangel Whipps Jr. told Reuters in an interview. Whipps Jr. said he would also welcome a bigger…
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed on Thursday. The Office for National Statistics showed 17.0% of companies that are currently trading expected to raise prices in the coming month, down from 17.7% in the previous month….
BRUSSELS (Reuters) – NATO’s support for Ukraine is making a difference on the battlefield, said NATO Secretary-General Jens Stoltenberg on Thursday, as Ukraine embarks on its counteroffensive against Russia. “The support NATO allies have been giving Ukraine now for many, many months actually makes a difference on the battlefield,” Stoltenberg told reporters in Brussels. (Reporting…
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 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…
