By Jonathan Landay and Arshad Mohammed WASHINGTON (Reuters) – The United States does not need more nuclear weapons to deter the combined forces of Russia and China because of its advanced military capabilities, U.S. national security adviser Jake Sullivan said on Friday. Sullivan also said Washington will abide by the limits on strategic nuclear weapons…
(Reuters) – French company Orpea, hit by allegations of malpractice at its care homes and a sharp drop in valuation, said on Friday it made a drawdown of 200 million euros ($214.24 million) from new financing by its main banking partners. Orpea said it will use the funds to finance and refinance corporate purposes of…
By Pavel Polityuk KYIV (Reuters) – Ukraine fended off 36 Russian air attacks in and around the capital overnight while pro-Kyiv Russian fighters said they were battling Russian forces for a second day inside Russia, trading blame with Moscow for the deaths of two civilians. Russia has launched about 20 waves of attacks on Kyiv…
By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following the takeover of Credit Suisse, which he said he hoped would be formalised in coming days. “We won’t be able to create, short term, job opportunities for everybody. Synergies is part of the story,” Ermotti…
By David Shepardson WASHINGTON (Reuters) -The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto safety defect investigations, a government report released on Thursday found, hindering its ability to quickly respond to severe safety risks. The Transportation Department’s Office of Inspector General said that 26 of 27 National Highway Traffic…
PARIS (Reuters) – Renault could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint against the carmaker next week, the group’s lawyer said on Friday. “We are going to file a complaint on Monday on behalf of at least several dozen people,” Christophe Leguevaques told Reuters,…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $420 million for custodians or exchanges in what the U.S firm said is the highest in the industry. The move is a big boost for a crypto sector tainted…
By Wendell Roelf CAPE TOWN (Reuters) – Senior officials from more than a dozen countries, including Saudi Arabia and Iran, were in talks on forging closer links with the BRICS bloc of major emerging economies on Friday as it met to deepen ties and position itself as a counterweight to the West. BRICS, which now…
By Michael Holden LONDON (Reuters) – Prince Harry will become the first senior British royal to give evidence in court for 130 years when he testifies next week in his lawsuit against a newspaper group he accuses of unlawful behaviour. Harry, King Charles’ younger son, will appear in the witness box at London’s High Court…
By Ludwig Burger FRANKFURT (Reuters) – Novartis breast cancer drug Kisqali cut the risk of recurrence by more than 25% in a pivotal trial on women diagnosed at an early stage, positioning the Swiss drugmaker to win new patients and but facing strong competition from Eli Lilly. The company on Friday said the relative risk…
