By Huw Jones LONDON (Reuters) – The European Union on Tuesday signed up to a new international treaty for recognising and enforcing civil and commercial court rulings among its signatories to reduce costly cross-border litigation. “It will allow EU cit…
European shares rise on aero, luxury stocks boost
By Susan Mathew and Devik Jain (Reuters) -European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks, although worries about an energy supply crunch and a potential global recession capped gains. The pan-European STOXX 600 i…
UK lawmaker Chishti has not received enough nominations to take part in UK leadership contest
LONDON (Reuters) – British lawmaker Rehman Chishti has not received enough nominations to take part in the leadership contest to succeed Boris Johnson as leader of the Conservative Party and prime minister. “I will not be taking my campaign any further…
Ukrainian rockets hit Russian-held area as Kyiv readies southern counter-attack
By Tom Balmforth and Pavel Polityuk KYIV (Reuters) – Ukraine said on Tuesday it had carried out a long-range rocket strike against Russian forces and military equipment in southern Ukraine, territory it says it is planning to retake in a counter-offens…
Euro zone bond yields tumble amid economic outlook fears
By Stefano Rebaudo (Reuters) – Euro zone government bond yields fell on Tuesday as money markets scaled back their expectations of European Central Bank’s rate hikes amid concerns over potential gas supply cuts. Physical gas flows through the Nord Stre…
Hungary bridge blockade fails to derail small business tax rise
By Anita Komuves BUDAPEST (Reuters) – An hours-long blockade of a bridge in Budapest on Tuesday failed to derail the approval of a motion by Hungarian Prime Minister Viktor Orban’s government to increase the tax rate for hundreds of thousands of small …
Carl Pei’s Nothing launches maiden smartphone
STOCKHOLM (Reuters) – Swedish tech entrepreneur Carl Pei launched the first smartphone from his new company Nothing on Tuesday, hoping to crack a fiercely competitive market with new features. Pei co-founded smartphone maker OnePlus in 2013 and made it…
NASA draws back curtain on Webb space telescope’s first full-color images
By Joey Roulette and Steve Gorman GREENBELT, Md. (Reuters) – NASA on Tuesday drew back the curtain on billions of years of cosmic evolution with the inaugural batch of photos from the largest, most powerful observatory ever launched to space, saying th…
UK government to block plan to hold confidence vote – opposition Labour Party
LONDON (Reuters) -British Prime Minister Boris Johnson will block an attempt by the opposition Labour Party to call a confidence vote in his government on Wednesday, a Labour spokeswoman said on Tuesday. Labour said earlier it intended to call such a v…
Hackers posing as Merkel target ECB’s Lagarde – German source
FRANKFURT (Reuters) -Unidentified hackers attempted to trick European Central Bank President Christine Lagarde into letting them open a messaging app account in her name by posing as former German chancellor Angela Merkel, a German source said on Tuesd…