ZURICH(Reuters) – UBS Group takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis, is set to become official as early as June 12, the bank said on Monday. The closing of the tie-up marks the final chapter for the 167-year old institution after years of scandals and missteps…
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador’s National Regeneration Movement (MORENA) is poised to win the governorship of the State of Mexico, the state’s electoral institute forecast on Sunday. A preliminary estimate showed MORENA’s candidate Delfina Gomez was on track to win 52.1-54.2% support, while opposition contender Alejandra del Moral was expected…
By Tim Reid (Reuters) – Republican presidential hopeful Nikki Haley, U.N. ambassador under former President Donald Trump, went after her ex-boss and 2024 rival Ron DeSantis on Sunday over their refusal to say whether they want Ukraine to win its war against Russia. In recent town hall events, Trump, the favorite for the Republican presidential…
(Reuters) – Russian police on Sunday arrested more than 100 people who had taken to the streets to mark the 47th birthday of Alexei Navalny, Russia’s most prominent opposition leader, a protest monitoring group said. OVD-Info said in a statement that 109 people had been detained in 23 cities as of 10:42 p.m. Moscow time…
By David Shepardson WASHINGTON (Reuters) – Deputy U.S. Transportation Secretary Polly Trottenberg is expected to be named Federal Aviation Administration’s (FAA) next interim leader, two sources told Reuters on Sunday. The source cautioned that appointment wasn’t final and could change, the sources said. The Wall Street Journal first reported the news. Acting FAA administrator Billy…
(Reuters) – Meta Platform’s Instagram on Sunday lifted its suspension against the account of Robert F. Kennedy Jr., nephew of the late president John F. Kennedy, The Washington Post reported. Kennedy, who is making a long shot bid to challenge Biden for the Democratic nomination, was removed from the photo-sharing platform in 2021 for reportedly…
WASHINGTON (Reuters) – A Chinese warship came within 150 yards (137 meters) of a U.S. destroyer in the Taiwan Strait in “an unsafe manner,” U.S. military officials said, as China blamed the United States for “deliberately provoking risk” in the region. U.S. and Canadian navies on Saturday were conducting a joint exercise in the strait,…
By Dan Williams JERUSALEM (Reuters) -Israeli Prime Minister Benjamin Netanyahu ramped up threats to attack Iranian nuclear facilities on Sunday, convening a rare cabinet war drill after he accused U.N. inspectors of failing to confront Tehran. With Iran having enriched enough uranium to 60% fissile purity for two nuclear bombs, if refined further – something…
KYIV (Reuters) – A pro-Ukraine group of Russian partisans on Sunday said it had captured several soldiers during a cross-border raid into southern Russia and would hand them over to Ukrainian authorities. The Russian Volunteer Corps made the claim in a video statement released on Telegram in the wake of a raid into the Russian…
By David Lawder WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy on Sunday lauded the debt ceiling deal he negotiated with Democratic President Joe Biden, but a prominent House conservative warned that McCarthy has “credibility issues” that may prompt some Republicans to seek his ouster as the top Republican in Congress. Representative Ken…
