By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s new government unveiled its first public finance targets on Friday, hiking borrowing to finance support measures for families and firms struggling with sky-high energy costs. The Treasury’s annu…
Pets returned to shelters in Hungary as owners face rising costs
BUDAPEST (Reuters) – Chelsy, a soft-eyed dog with an immune illness, has been returned to a Hungarian animal shelter two years after he was adopted as his owners can no longer afford the vet’s bills or his food, forced to sell their own home to make en…
Exclusive-Russia seeks sanctions exemptions for state bank in Ukraine grain deal talks-sources
(Reuters) -Russia wants the West to ease restrictions on state agriculture lender Rosselkhozbank to facilitate Russian grain exports, according to four sources familiar with the request, made during talks to extend a deal on food shipments from Ukraine…
Dollar tumbles as U.S. nonfarm payrolls show mixed picture
(Correcting 13th paragraph to show the dollar index fell instead of rose) By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slumped on Friday after the U.S. nonfarm payrolls report for October showed the world’s largest economy created more ne…
HSBC top shareholder Ping An urges aggressive cost cuts, renews spin-off push
By Selena Li HONG KONG (Reuters) -HSBC Holdings’ largest shareholder Ping An on Friday urged the lender to aggressively reduce costs by cutting jobs and divesting peripheral non-Asian businesses, the first such public call by the Chinese financial cong…
Putin endorses evacuation of parts of Ukraine’s Kherson region
By Jonathan Landay and Tom Balmforth FRONTLINE WEST OF KHERSON, Ukraine/KYIV (Reuters) – Russian President Vladimir Putin publicly endorsed the evacuation of civilians from parts of Ukraine’s southern Kherson region on Friday, the latest sign of Russia…
Ukrainian forces brace for bloody fight for Kherson
By Jonathan Landay FRONTLINE WEST OF KHERSON, Ukraine (Reuters) – Oleh, the commander of a Ukrainian mechanized infantry unit dug into trenches west of Kherson, is confident his Russian foes will be forced to abandon the strategic port by winter weathe…
Kyiv residents snap up new stamp celebrating Crimean bridge blast
KYIV (Reuters) – Residents in the Ukrainian capital of Kyiv on Friday snapped up a new postage stamp commemorating a blast that damaged a major bridge linking Russia to Crimea in a blow to the prestige of Russian President Vladimir Putin. “There isn’t …
North Korea flies jets, fires artillery near border after U.S. and South extend drills
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) – South Korea said it scrambled warplanes in response to 180 North Korean military flights near the countries’ shared border on Friday, and Pyongyang again demanded that the United States and South Korea…
Some small shareholders in Swedish Match sell out ahead of bid deadline
By Marie Mannes (Reuters) -Swedish Match’s small shareholders have sold parts or all of their holdings to lock in profits even though they oppose Marlboro-maker Philip Morris International’s $16 billion bid for the company. PMI launched its bid for the…