By Sruthi Shankar, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – London shares rose on Monday as new finance minister Jeremy Hunt reversed Prime Minister Liz Truss’s economic plan announced three weeks ago that slammed UK markets and dented inv…
Goldman plans major reorganization to combine key units -sources
By Pamela Barbaglia, Saeed Azhar and Lananh Nguyen LONDON/NEW YORK (Reuters) – Goldman Sachs is planning a major reorganization to combine its biggest businesses into three divisions with its investment banking and trading businesses being merged into …
Broadcom banking on early EU approval of $61 billion VMware deal
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom will seek early European Union antitrust approval of its proposed $61 billion buy of cloud computing company VMware by pointing to competition from Amazon, Microsoft and Google, people famili…
Private jet makers tout emissions-fighting efforts, backlogs at air show
By Allison Lampert ORLANDO (Reuters) – Planemakers will trot out their latest models and efforts to reduce emissions at the world’s largest corporate jet show this week, as a boom in private travel faces pressure over climate, supply chain woes and eco…
U.S., UK to deepen cooperation on Russia, other sanctions -statement
WASHINGTON (Reuters) – The United States and Britain will further their cooperation on sanctions against Russia over its invasion of Ukraine as well as on other targets, top financial officials for the two allied nations said in a joint statement on Mo…
Belarus to hold live-fire exercises with Russia
(Reuters) – The Belarusian defence ministry said on Monday it will conduct live fire exercises and anti-aircraft guided missile launches as part of its joint grouping with Russian forces, Interfax reported. “Military units from the formations are plann…
Ex-journalist accused of “fake news” on Ukraine war has fled Russia – lawyer
By Filipp Lebedev and Caleb Davis (Reuters) -Former Russian state TV journalist Marina Ovsyannikova, accused of spreading “fake news” about the war in Ukraine, has fled the country after escaping from house arrest, her lawyer said on Monday. Ovsyanniko…
Credit Suisse’s Meissner to leave bank after overhaul, source says
By Elisa Martinuzzi LONDON (Reuters) – Credit Suisse investment bank chief Christian Meissner will be leaving the Swiss bank once it has announced a strategic overhaul, a person with knowledge of the matter said on Monday. Announcement of his departure…
U.S. condemns ‘war crimes’ after Russia drone attack hits Kyiv apartment block
By Pavel Polityuk and Jeff Mason KYIV/WASHINGTON (Reuters) -The United States will hold Russia accountable for “war crimes”, the White House said on Monday, hours after Russia attacked Ukrainian cities with drones during morning rush hour, killing at l…
Head of Russian proxy in eastern Ukraine says 220 to be freed in prisoner swap on Monday
(Reuters) – Russia and Ukraine will exchange a total of 220 prisoners on Monday in the latest prisoner swap between the two sides, the head of one of the regions that Russia has claimed in eastern Ukraine said in a post on his Telegram channel. Denis P…