By Sinéad Carew and Dhara Ranasinghe LONDON/NEW YORK (Reuters) – MSCI’s global index of stocks hit its lowest level in almost two years on Tuesday while oil prices sank on fears about the potential for a global recession as central banks rapidly increa…
Stellantis aims to boost recycled material content in vehicles
MILAN (Reuters) -Stellantis will look to upgrade its medium-term target for the minimum percentage of recycled material in its vehicles from 35%, the carmaker’s Senior Vice President Global Circular Economy Alison Jones said on Tuesday. In its business…
UK top court will take ‘months’ to decide Scottish referendum case
By Michael Holden LONDON (Reuters) -The United Kingdom Supreme Court said on Tuesday it would take months to reach a decision on whether the Scottish government can hold a second referendum on independence next year without approval from the British pa…
Security, red banners and COVID curbs: Beijing readies for 20th Congress
By Eduardo Baptista BEIJING (Reuters) – Beijing has stepped up security and COVID curbs and decorated the capital Beijing with red political banners as it gears up for a Communist Party congress where President Xi Jinping is poised to become China’s mo…
Heirs of Spain’s fascist party founder ask for his remains to be exhumed
MADRID (Reuters) – The family of the Spanish fascist Falange party’s founder, Jose Antonio Primo de Rivera, have asked to exhume his remains, buried in the monument known as The Valley of the Fallen, where those of dictator Francisco Franco remained un…
Biden vows air defense systems for Ukraine after missile attack
WASHINGTON (Reuters) -U.S. President Joe Biden pledged to Ukraine President Volodomyr Zelenskiy on Monday that the United States will provide Ukraine with advanced air systems after a devastating missile barrage from Russia. Biden spoke by phone with Z…
EU watchdog trying to understand UK bond market moves
By Huw Jones LONDON (Reuters) – The European Union’s securities watchdog has asked Britain about recent extreme moves in UK government bond yields and is monitoring for “spillovers” into the bloc, its chair Verena Ross said on Monday. UK finance minist…
Italy’s telecoms lobby urges EU to help lower energy bills, avoid power cuts
MILAN (Reuters) -Italy’s telecoms lobby has called on the European Union to consider ways to help the industry cope with rising energy costs as well as to shield their networks from any planned power cuts, a document seen by Reuters showed. The energy …
Zelenskiy says air defences “number 1 priority in our defence cooperation”
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Monday he spoke to U.S. President Joe Biden about air defences after a series of Russian missile attacks on Ukrainian cities. “Had a productive conversation with U.S. President Joe Biden,” Zel…
Technical issues affecting plan to send gas from France to Germany now solved -operator
PARIS (Reuters) -France will be able to send gas to Germany via a pipeline with now that technical problems have been addressed, gas network operator GRTgaz said on Monday, as the euro zone’s biggest economy rushes to replace Russian gas. “The technica…