PARIS (Reuters) – French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a police spokesperson said on Friday. The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector in multiple EU countries, but did not…
By Anait Miridzhanian and Carien du Plessis JOHANNESBURG (Reuters) – Ukrainian activist Oleksandra Romantsova this week suggested to South African officials that it would be better for Russian President Vladimir Putin to dial in to this year’s BRICS summit in South Africa rather than attend in person. The International Criminal Court (ICC) issued an arrest…
WASHINGTON (Reuters) – A senior U.S. sanctions official is alerting European countries to Russian efforts to acquire certain sanctioned goods, as Washington seeks to root out sanctions evasion by Moscow. Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson is visiting Switzerland, Italy, Austria and Germany this week, where he is meeting…
By Valerie Insinna and Brenda Goh WASHINGTON/SHANGHAI (Reuters) -China’s aviation regulator has published a report that Boeing views as a key step for the U.S. planemaker to resume deliveries of its 737 MAX to Chinese airlines more than four years after they were halted following two deadly crashes. Boeing has more than 130 completed MAX…
WASHINGTON (Reuters) – No decision yet has been made to evacuate American diplomatic personnel from Sudan but the United States is preparing for such an eventuality if it becomes necessary, the White House said on Friday. John Kirby, the White House national security spokesperson, said that for all American citizens in Sudan, they must “make…
(Reuters) – A Russian official warned on Friday of an “uncontrollable” arms race involving multiple nuclear powers, the state-owned RIA news agency said. “In essence, we are witnessing a missile arms race with consequences that are hard to predict. Tens of billions of dollars are being invested in improving missile technology. This process is taking…
RAMSTEIN AIR BASE, Germany (Reuters) – The U.S. decision to provide Ukraine with 31 advanced M1A2 Abrams tanks will make a difference in the war but is no silver bullet, U.S. Army General Mark Milley, chairman of the Joint Chiefs of Staff, said on Friday. Milley’s remarks came as the United States announced that Abrams…
JOHANNESBURG (Reuters) – Labour unions rejected a 3.75% pay rise offer from South Africa’s power utility Eskom as it is below the rate of inflation, union representatives said on Friday. Unions are demanding a 15% increase in wages at Eskom, which is implementing rolling blackouts of about 10 hours a day as it struggles to…
By Lucila Sigal BUENOS AIRES (Reuters) -Argentine President Alberto Fernandez will not run in the country’s October general election, the center-left leader announced on Friday, throwing open a race to lead the Peronist coalition at the ballot amid swirling economic crisis. In a video message, Fernandez, who came into office in late 2019, said he…
(Reuters) -U.S. Federal Reserve is considering ending an exemption that has allowed certain midsize banks to conceal losses on securities they hold, the Wall Street Journal reported on Friday, signaling a retightening of bank oversight is in the cards following last month’s failures of Silicon Valley Bank and Signature Bank. If approved, the move spearheaded…
