US sanctions cryptocurrency mixer Sinbad over alleged North Korea ties
U.S. Treasury Department Deputy Secretary Wally Adeyemo attends the Reuters NEXT Newsmaker event in New York City, New York, U.S.,...
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Europe’s Signa toppled in property rout
VIENNA/FRANKFURT, Nov 29 (Reuters) - Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe's property crash.Controlled by Austrian magnate Rene Benko, the group is an owner of New York's Chrysler Building as well as several high-profile projects and department stores across Germany, Austria and Switzerland.The multi-billion-euro group, whose tentacles reach from Germany's best-known department store, Berlin's KaDeWe, to the country's top high-street chain Galeria and a skyscraper project, is set to send ripples...
Singapore’s Keppel to buy Aermont Capital for $1 bln, expand into Europe
Deal to expand Keppel's presence beyond Asia Pacific to EuropeAcquisition to boost Keppel's funds under management by S$24 blnDeal to...
Investors spy value in cheap Finnish stocks after China and Russia pain
Finnish company KONE flag flutters at their headquarters in Espoo, Finland July 17, 2018. REUTERS/Ints Kalnins Acquire Licensing RightsFinnish industrials...
Insight: Defying Pope’s calls for climate action, US Catholic bishops cling to fossil fuels
Nov 29 (Reuters) - Hundreds of Catholic institutions around the globe have announced plans to divest their finances of oil,...
EU committee backs law to relocate euro clearing from London to bloc
European Union flags fly outside the European Commission in Brussels, Belgium, November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
EU watchdogs muck up Amazon’s messy iRobot cleanup
Signage is seen at an Amazon facility in Staten Island, New York City, U.S., April 24, 2022. REUTERS/Andrew Kelly Acquire...
EU keeps EastMed gas pipeline on new list of priority projects
MILAN, Nov 28 (Reuters) - The European Commission has maintained a proposed pipeline connecting the gas reserves in the Eastern Mediterranean to Greece via Cyprus and Crete on its new list of Projects of Common Interest (PCI) published on Tuesday.Projects included in the PCI list have access to a fast-track permitting process and special funding.Energy group Edison (EDNn.MI) and Greece's DEPA International Projects are the sponsors of the project through their joint venture IGI Poseidon.The joint venture has still to take a final investment decision (FID) on the pipeline, which...
EU trailing UK capital market reforms, Frankfurt bourse official says
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 28, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - The EU is falling behind Britain in tapping into savers' money to boost the stock market, despite reforms in continental Europe being a step in the right direction, an official with Germany's bourse told Reuters."In terms of policy change, in the UK there's a realisation that we need to incentivise more capital; we're not there yet in Germany," said Stefan Maassen, head...
Blinken to visit Israel, West Bank, UAE this week to continue Gaza diplomacy
U.S. Secretary of State Antony Blinken disembarks from his airplane upon arrival at Brussels Airport in Brussels, Belgium, on November 27, 2023, as he travels to a NATO foreign ministers' meeting. SAUL LOEB/Pool via REUTERS Acquire Licensing RightsBRUSSELS, Nov 27 (Reuters) - U.S. Secretary of State Antony Blinken will visit Israel, the West Bank and the United Arab Emirates this week, the U.S. State Department said on Monday, as Washington aims to press for more humanitarian aid for Gaza and help secure the release of all hostages kidnapped by Hamas.Blinken...