NATO chief: Ukraine making progress in counteroffensive

By Andrea Shalal and Steve Holland WASHINGTON (Reuters) – NATO Secretary General Jens Stoltenberg on Tuesday said Ukraine is making progress in its counteroffensive against Russian invaders and predicted NATO leaders will increase military assistance to Kyiv when they meet next month. Stoltenberg made the comments as he met in the Oval Office with President…

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Germany’s coalition agrees changes to green heating law after dispute

By Holger Hansen and Riham Alkousaa BERLIN (Reuters) – Germany’s ruling coalition on Tuesday agreed changes to a bill on phasing out oil and gas heating systems after weeks of wrangling that raised doubts whether coalition could survive until the end of its term. The coalition is led by the Social Democrats (SPD), supported by…

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Kosovo PM presents plan to defuse tensions in Serb-majority area

By Fatos Bytyci PRISTINA (Reuters) -Kosovo’s prime minister on Tuesday presented a plan to defuse tensions in its Serb-majority north that would include fresh local elections and cuts in special police, bowing to pressure from key Western supporters of its independence. But the arrest the same day of a Serb identified by the Kosovo Albanian…

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Analysis-Germany to face EU ire over Huawei supplies ahead of China talks

By Sarah Marsh, Supantha Mukherjee and Andreas Rinke BERLIN/STOCKHOLM (Reuters) – The European Union is set to urge Germany to do more to reduce its use of Huawei gear in its 5G network when Brussels publishes a progress report in coming days, ahead of talks between Berlin and Beijing, two sources familiar with the matter…

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HSBC eyes leading role in banking for VCs, startups after hiring wave

NEW YORK (Reuters) – HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups globally after building a large team of technology and healthcare bankers in the United States, Hong Kong and Israel, a senior executive said. The bank is already doing venture-type lending to startup companies in India…

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European shares rise as U.S. inflation data soothes rate hike jitters

By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares rose on Tuesday, after mild U.S. inflation data cemented bets the Federal Reserve could skip raising interest rates at its meeting this week, while miners rallied as metal prices jumped after China cut rates. The pan-European STOXX 600 index closed 0.6% higher, tracking the global…

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Manchester United shares hit two-month high on speculations over takeover bid

(Reuters) -Shares of Manchester United jumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar’s Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid for the English football club. Qatar’s Al-Watan newspaper reported on Tuesday that Sheikh Jassim, son of a former prime minister of the…

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Migrant deaths on Middle East, North Africa routes highest since 2017 -IOM

GENEVA (Reuters) – Nearly 3,800 people died on migration routes within and from the Middle East and North Africa last year, the highest number recorded there since 2017, according to data published on Tuesday by the International Organization for Migration (IOM). The United Nations migration agency’s Missing Migrants Project (MMP) recorded 3,789 deaths in 2022…

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