US congressional Democrats raise concerns on cluster bombs for Ukraine

By Kanishka Singh and Joey Roulette WASHINGTON (Reuters) -Democratic U.S. Senator Tim Kaine and Representative Barbara Lee raised concerns on Sunday over the decision by President Joe Biden’s administration to send cluster bombs to Ukraine to combat the Russian invasion. The United States said on Friday it would supply Kyiv with the widely banned bombs…

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At least 300 migrants missing at sea near Spanish Canary Islands, aid group says

MADRID (Reuters) – At least 300 people who were travelling on three migrant boats from Senegal to Spain’s Canary Islands have disappeared, migrant aid group Walking Borders said on Sunday. Two boats, one carrying about 65 people and the other with between 50 and 60 on board, have been missing for 15 days since they…

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Saudi National Bank was denied taking 40% Credit Suisse stake -report

VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper reported on Sunday. With Switzerland’s second-largest bank on the edge of collapse, UBS agreed to buy Credit Suisse for a knockdown price of three…

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European firms look for footing in China-U.S. spat, French execs say

By Mathieu Rosemain and Leigh Thomas AIX-EN-PROVENCE, France (Reuters) – European firms are concerned they could get caught in the cross-fire of rising economic rivalry between the United States and China, with some officials at a French business conference also frustrated at Europe’s slowness in crafting a response. Rising trade tensions between the two superpowers…

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The 21 new cardinals named by Pope Francis on Sunday

VATICAN CITY (Reuters) – Pope Francis announced on Sunday that he would induct 21 churchmen to the high rank of cardinal in September. The following are set to become cardinals: Cardinal Electors under 80 1 – Archbishop Robert Prevost, American, Vatican official, head of the Dicastery for Bishops 2 – Archbishop Claudio Gugerotti, Italian, Vatican…

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Eramet in talks with European carmakers over Argentina lithium plan – CEO

By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – French mining group Eramet is in talks with several European carmakers over commercial agreements that would help the company finance its lithium production project in Argentina, Chief Executive Officer Christel Bories said. The race for lithium, a key raw material used to make batteries for electric vehicles, is…

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France upbeat on attracting major Tesla investment – Le Maire

PARIS (Reuters) – French Finance Minister Bruno Le Maire on Sunday said he was “very hopeful” Tesla Chief Executive Elon Musk will pick France for a substantial investment linked to the production of electric vehicles in Europe. Musk recently met French government officials, including President Emmanuel Macron, as he explores options for future production sites….

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