PARIS (Reuters) – France’s foreign minister said on Tuesday she remained cautious about the prospects of four-way talks in Turkey to unblock Ukraine’s grain exports succeeding given Russia had repeatedly added obstacles to achieve such an accord. Speak…
‘No ultimatums’ from coalition, Italy’s PM Draghi says
By Angelo Amante and Giuseppe Fonte ROME (Reuters) – Italian Prime Minister Mario Draghi said on Tuesday he would leave office if the 5-Star Movement pulls out of his coalition, and called on parties supporting him to stop launching “ultimatums” to his…
Brent crude settles below $100/bbl on higher dollar, weak demand outlook
By Arathy Somasekhar HOUSTON (Reuters) -Global benchmark Brent crude tumbled $7 on Tuesday to settle below $100 a barrel for the first time in three months on a strengthening dollar, demand-sapping COVID-19 curbs in top crude importer China, and rising…
Factbox-Now UK’s Boris Johnson has quit, who might replace him?
By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) – Boris Johnson is stepping down as British prime minister, with several of his Conservative lawmakers now taking part in a leadership contest to replace him. There is no clear favourite and the …
Eight candidates make cut in race to succeed UK PM Johnson
By Elizabeth Piper, Alistair Smout and Andrew MacAskill LONDON (Reuters) -Eight Conservatives will fight it out to succeed Boris Johnson as party leader and British prime minister after winning enough nominations from their colleagues to go through to …
Spain to temporarily tax banks, power firms as inflation bites
By Belén Carreño and Jesús Aguado MADRID (Reuters) -Spain will implement temporary taxes on power companies and banks that should rake in 7 billion euros ($7.02 billion) in 2023-2024 to help Spaniards cope with soaring inflation, the government said on…
U.S. Capitol riot probe accuses Trump of inciting Jan. 6 extremists
By Patricia Zengerle and Richard Cowan WASHINGTON (Reuters) -U.S. lawmakers accused then-President Donald Trump on Tuesday of inciting a mob of followers to attack the U.S. Capitol on Jan. 6, 2021 in a last-ditch bid to remain in power as Congress was …
BoE faces ultimate test in battle against inflation, Bailey says
By David Milliken LONDON (Reuters) -The Bank of England’s independence will be put to the ultimate test as it seeks to bring inflation back down to its 2% target from more than 9%, Governor Andrew Bailey said on Tuesday. The cost-of-living squeeze is a…
Eight candidates nominated to succeed UK PM Johnson – committee
LONDON (Reuters) – Eight candidates will compete to replace Boris Johnson as Prime Minister and leader of the Conservative Party, the committee in charge of organising the leadership contest said on Tuesday. The nominated candidates were Kemi Badenoch,…
Ex-health minister Sajid Javid out of UK leadership contest
LONDON (Reuters) -Former British health minister Sajid Javid on Tuesday dropped out of the leadership contest to replace Boris Johnson as leader of the Conservative Party and prime minister. “There is an abundance of both ideas and talent in our party….