By Daphne Psaledakis WASHINGTON (Reuters) – The United States, Canada and the United Kingdom issued fresh sanctions on Russia on Friday over its invasion of Ukraine. Here are the main sanctions, announced during a G7 summit in Japan. U.S. TREASURY DEPARTMENT SANCTIONS The Treasury Department imposed sanctions on 22 people and 104 entities with touchpoints…
By Daphne Psaledakis and Simon Lewis WASHINGTON (Reuters) -The United States on Friday announced sanctions on more than 300 targets as Group of Seven leaders met in Japan, aiming to punish Russia for its invasion of Ukraine and intensifying one of the harshest sanctions efforts ever implemented. The move, which targets Russia’s sanctions evasion, future…
By Marc Jones LONDON (Reuters) – The credibility and independence of central banks around the world is at risk if stubbornly-high global inflation rates are not bought under control, the head of the Bank for International Settlements has warned. The BIS, often referred to as the central bankers’ bank, has been calling for a robust…
MADRID (Reuters) – Sacyr is negotiating with Spanish firm Bestinver to sell its 45% stake in the Irish motorway N6 and thus fully exit the concessions business in Ireland, two people familiar with the talks said on Friday. Sacyr, which is moving forward this year with plans to divest its environmental and facilities businesses, has…
By Giselda Vagnoni ROME (Reuters) – After three years of pandemic travel restrictions and rocketing energy costs, tourism is back with a vengeance to boost the economies of southern Europe as sun-seekers make up for lost time. Early bookings suggest Italy, Spain, Greece and Portugal could receive record tourism revenues this year, helping replenish state…
BERLIN (Reuters) – Volkswagen has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the German carmaker said on Friday, ending months of wrangling with Russian authorities over the deal. Volkswagen has sold its shares in Volkswagen Group Rus LLC to Art-Finance LLC, which is supported by autodealer group Avilon,…
By Maya Gebeily (Reuters) – Every handshake would count, and Syria’s President Bashar al-Assad had plenty of them at Friday’s Arab League Summit – along with hugs and kisses – from his onetime foes in the region. As he strolled into the summit venue in the Saudi city of Jeddah on Friday afternoon, a beaming…
(Reuters) – A World Health Organization (WHO) advisory group on Thursday recommended that this year’s COVID-19 booster shots be updated to target one of the currently dominant XBB variants. New formulations should aim to produce antibody responses to the XBB.1.5 or XBB.1.16 variants, the advisory group said, adding that other formulations or platforms that achieve…
By David Shepardson (Reuters) -Five TikTok users in Montana who create content posted on the short-video app filed a lawsuit in federal court seeking to block the state’s new ban on the Chinese-owned platform. Montana Governor Greg Gianforte on Wednesday signed legislation to ban TikTok in the state, effective Jan. 1. The five users seek…
NEW YORK (Reuters) -JPMorgan Chase & Co is seeking documents from Manhattan District Attorney Alvin Bragg as part of a lawsuit against the bank by women who say they were abused by the late financier Jeffrey Epstein, court records showed on Thursday. A lawyer for Bragg took part in a May 16 telephone conference in…
