LONDON (Reuters) – Britain’s finance and health ministers resigned on Tuesday in what looked to be the final blow for Prime Minister Boris Johnson’s premiership after he had tried to apologise for the latest scandal to dog his administration. REACTION …
Exclusive: Kyiv asks Turkey to probe three more Russian ships it alleges transported stolen grain
By Jonathan Spicer and Reade Levinson ISTANBUL (Reuters) – Ukraine has asked Turkey to help investigate three Russian-flagged ships as part of Kyiv’s efforts to probe what it alleges is the theft of grain from Russian-occupied territory, according to o…
After court ruling, Maryland broadens concealed-gun permits
By Rose Horowitch (Reuters) – Maryland Governor Larry Hogan loosened his state’s restrictions on carrying concealed firearms on Tuesday, citing the U.S. Supreme Court’s recent decision that allows people to carry handguns in public. The Supreme Court’s…
Telecom Italia looking at network valuation of at least 25 billion euros-sources
MILAN (Reuters) – Telecom Italia (TIM) is looking to fetch a valuation of at least 25 billion euros ($26 billion) including debt for its grid under a plan to separate its fixed-line assets from its services arm, two sources close to the matter said. Th…
Tennis-Sinner sunk by Djokovic but happy with Wimbledon run
By Christian Radnedge LONDON (Reuters) – Italian Jannik Sinner looked on the bright side after his defeat by top seed Novak Djokovic in the quarter-finals at Wimbledon on Tuesday, saying that his performance showed he can compete at the very top in the…
Resumption of deliveries to Europe boosts Venezuela oil exports -data
By Marianna Parraga and Mircely Guanipa (Reuters) – The first Venezuelan crude cargoes sent to Europe in two years helped lift the OPEC nation’s oil exports by 61% last month after a series of setbacks earlier in the year, tanker tracking data and docu…
Swiss give cool reply to Ukraine call for seizing Russian assets
LUGANO, Switzerland (Reuters) – Switzerland has given a cool response to calls from Ukraine’s prime minister to use frozen assets of ultra-wealthy Russians to help fund his country’s $750 billion reconstruction project. Ukrainian Prime Minister Denys S…
Mars stops supply of pet brands to UK’s Tesco
(Reuters) -Mars Inc has stopped supplying some petcare products to Britain’s Tesco, less than a week after U.S. packaged foods company Kraft Heinz pulled several brands from its shelves. European retailers are locked in extended price negotiations with…
Pound at March 2020 low, political crisis heaps pressure
(Corrects to show sterling low hit before Sunak resignation) LONDON (Reuters) – Sterling traded at the lowest since March 2020 on Tuesday, as the resignation of Britain’s finance minister threw Prime Minister Boris Johnson’s government into a crisis. H…
BoE’s Tenreyro says gilt sales unlikely to have big economic impact
LONDON (Reuters) – Active sales from the Bank of England’s more than 800 billion pounds of government bond holdings are unlikely to have a material economic impact, Bank of England policymaker Silvana Tenreyro said on Tuesday. “I wouldn’t expect the ef…