By Dietrich Knauth (Reuters) – Lawyers for BlockFi, the first direct casualty of crypto exchange FTX’s collapse, made their initial appearance in U.S. bankruptcy court on Tuesday, emphasizing that the U.S. cryptocurrency lender was “the antithesis of F…
Twitter rolls back COVID misinformation policy
(Reuters) -Twitter Inc has rolled back a policy that was aimed at tackling misinformation related to COVID-19 on the social media platform, lending itself to the risk of a potential surge in false claims even as cases rise in China and some parts of th…
Ryanair will be lucky to get 40 new Boeing jets by June – CEO
DUBLIN (Reuters) – Ryanair will be lucky to receive 40 Boeing 737 MAX aircraft by the end of June from the 51 due for delivery, Chief Executive Michael O’Leary said on Tuesday, potentially impacting the airline’s planned growth for 2023. “We’re contrac…
Ryanair’s O’Leary says industry most optimistic in 25 years
DUBLIN (Reuters) – Ryanair Chief Executive Michael O’Leary said this is the most optimistic time he has seen in air travel since taking charge of the airline in the mid-1990s as passengers return to the skies following a series of COVID-19 lockdowns. “…
EU funds allocated on data that Eurostat cannot verify, auditors say
BRUSSELS (Reuters) – Hundreds of billions of euros in European Union recovery funds are allocated on the basis of data supplied by EU governments that the EU’s statistics office Eurostat cannot verify, the European Court of Auditors said in a report on…
Italy lawmakers call off vote on extending Ukraine arms supplies
By Angelo Amante ROME (Reuters) -Italy’s ruling rightist parties on Tuesday withdrew an amendment that would have allowed the government to continue sending weapons to Ukraine throughout 2023, a parliamentary source said, after the opposition called fo…
Bonds rise after inflation shows signs of cooling in Spain, Germany
By Amanda Cooper and Harry Robertson LONDON (Reuters) -Euro zone government bond yields fell on Tuesday after inflation in Germany and Spain eased this month, lifting investor hopes that the worst of the region’s price crisis may soon be over. Yields, …
Spain beefs up security in Tenerife to avoid clashes between England, Wales fans
MADRID (Reuters) – Spanish police said they have increased security to prevent clashes between England and Wales fans on Tuesday in Tenerife, the largest of the Canary Islands, where more than 2,500 soccer fans are following the World Cup under the win…
BoE sells 346 million stg of gilts in first unwinding of emergency intervention
LONDON (Reuters) – The Bank of England on Tuesday said it had sold 346.4 million pounds ($416 million) of the long-dated and index-linked gilts it had bought earlier this year to help stabilise financial markets. The bank said it had received bids wort…
Airbus CEO says partners converging towards FCAS fighter deal
BRUSSELS (Reuters) – The head of European planemaker Airbus said on Tuesday partners in a future European fighter were converging towards contractual agreements on the next phase of the Franco-German-Spanish project. The latest comments on the status o…