PARIS (Reuters) – The suspect in a knife attack in which four toddlers and two pensioners that wounded in the southeastern French town of Annecy on Thursday has been placed in detention, the local prosecutor said on Saturday. The suspect is under formal investigation for attempted murder and resisting arrest with a weapon, the prosecutor…
KYIV (Reuters) – Counterattacking Ukrainian forces have advanced up to 1,400 metres at a number of sections of the front line near the eastern city of Bakhmut in the past day, a military spokesman said on Saturday. The advance is the latest in a series of similar gains reported this week by Kyiv near Bakhmut,…
By Elvira Pollina and Akriti Sharma MILAN (Reuters) -U.S. fund KKR strengthened its lead in the race to secure the landline grid of Telecom Italia (TIM) when it offered to raise its bid by up to or over 2 billion euros ($2.2 billion), two people with knowledge of the matter said. The value of KKR’s…
BERLIN (Reuters) – The CEO of Germany’s largest defence contractor Rheinmetall said he expected a further boost to the company’s stock market value due to the Ukraine war and increased defence spending in Europe. “Our operating income in 2025 should be about 1.5 billion euros ($1.6 billion), maybe even 1.7 billion euros. For a fair…
(Reuters) – Swedish hygiene products group Essity has divested its operations in Russia, the company said in a statement on Saturday. The company said it did not expect to see a material financial impact from the winding down of its Russian business. Essity has signed an agreement with a buyer and the transaction has been…
By Nell Mackenzie, Sinead Cruise and Naomi Rovnick LONDON (Reuters) – Big banks and investors quickly sought to distance themselves from Odey Asset Management after allegations of sexual misconduct by its founder, yet for some in the City of London signs of a deeper change in culture are still scant. The Financial Times and Tortoise…
ZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas Jordan said in an interview published on Saturday, Jordan defended the central bank’s commitment to price stability, which he defined as inflation below 2% but in positive territory, in the article in Swiss newspaper Corriere…
By Philip Pullella ROME (Reuters) – Pope Francis’ overall condition is progressively improving and his post-surgical recovery is normal, allowing him to get out of bed, be detached from intravenous tubes and resume handling some Church work from his hospital armchair on Friday. Two statements from the Vatican, one in the early afternoon and the…
By Jeff Mason and Steve Holland WASHINGTON (Reuters) -The White House said on Friday that Russia appeared to be deepening its defense cooperation with Iran and had received hundreds of one-way attack drones that it is using to strike Ukraine. Citing newly declassified information, the White House said the drones, or Uncrewed Aerial Vehicles (UAVs),…
(Reuters) – A convicted killer suspected in the 2005 disappearance of Alabama teenager Natalee Holloway in Aruba pleaded not guilty on Friday in a U.S. courtroom to charges of extortion and wire fraud related to her death, according to media reports. Joran van der Sloot, 35, was extradited to Birmingham, Alabama, from a prison in…
