By Guy Faulconbridge LONDON (Reuters) -Alexei Navalny, Russia’s most prominent opposition leader, has been abruptly moved from the prison where he was serving an 11-1/2 year sentence to a high-security penal colony farther from Moscow. Navalny earned a…
Swimming-Olympic champion Scott pulls out of worlds in blow for Britain
LONDON (Reuters) – Britain’s Olympic champion Duncan Scott, who won four medals at last year’s Tokyo Games, pulled out of the swimming world championships on Tuesday due to the lingering effects of COVID-19. The swimming events start in Budapest on Sat…
Discount chain Colruyt’s profit falls as inflation, tough competition take toll
(Reuters) -Belgian supermarket chain Colruyt on Tuesday reported a 25% decline in its full-year earnings, citing high inflation, declining volumes in food stores and increasing market competitiveness in both prices and promotions. Although discount cha…
No limits in ECB’s fight against fragmentation -Schnabel
FRANKFURT (Reuters) -The European Central Bank will fight any “disorderly” blowout in the borrowing costs of more indebted euro zone nations, but its response should be tailored and there is no need to pre-announce a new tool, ECB board member Isabel S…
France’s Le Maire: all options are on the table regarding EDF
PARIS (Reuters) -French Finance Minister Bruno Le Maire said on Tuesday the state, EDF’s majority shareholder, will always back the debt-laden power group, adding “all options are on the table”, when asked if the government planned to nationalise EDF. …
Russia bans 29 British journalists, along with defence figures
(Reuters) -Russia has banned dozens of British journalists, media representatives and defence figures from entering the country, the foreign ministry said on Tuesday. In a move that Moscow said was a response to Western sanctions and the “spreading of …
France’s Macron urges French to give him a “solid majority” in elections
PARIS (Reuters) – French President Emmanuel Macron urged the French people on Tuesday to give his party a “solid majority” in the second round of the legislative elections on Sunday. “Nothing would be worse than to add French disorder to international …
Energy executives at transition conference still lean on fossil fuels
By Stephanie Kelly and Scott DiSavino NEW YORK (Reuters) -Energy company executives at a conference on the global transition insisted on Tuesday that fossil fuels, especially natural gas, are still needed at a time when global markets grapple with tigh…
WTO draft IP deal on COVID vaccines ‘very good’, UK minister says
By Emma Farge and Philip Blenkinsop GENEVA (Reuters) -Britain, one of the main opponents to waiving intellectual property rights for COVID-19 vaccines, praised a draft agreement and expressed hope a deal would be reached at the World Trade Organization…
Citi snaps up three tech bankers from rivals to boost software coverage
By Krystal Hu (Reuters) – Citigroup has poached three veteran tech bankers from Credit Suisse Group AG and Barclays, as it doubles down on expanding the software franchise, according to memos seen by Reuters on Tuesday. Dan McDow, who led global softwa…