By Pavel Polityuk and Abdelaziz Boumzar KYIV/DRUZHKIVKA, Ukraine (Reuters) -Ukraine will fight to recover all its territory occupied by Russian forces, President Volodymyr Zelenskiy said on Tuesday, as his troops battled street-to-street in Sievierodon…
Rouble weakens as Russia slightly eases capital controls
(Reuters) -The Russian rouble gave up gains to weaken on Tuesday, edging away from 61 to the dollar as the finance ministry slightly eased capital controls and investor focus turned to an expected central bank rate cut later in the week. The finance mi…
Italy’s TIM to cut up to 1,200 jobs by early retirement scheme by November -sources
MILAN (Reuters) -Telecom Italia (TIM) has agreed with unions to cut 1,200 jobs in its home market by November through a voluntary early retirement scheme, two sources said on Tuesday, in what would be a first round of its job reduction plans. While iro…
Founder of banned UK neo-Nazi group jailed
LONDON (Reuters) – The co-founder of a British neo-Nazi group, whose members have planned or praised the murder of lawmakers, was jailed on Tuesday for being a member of a banned organisation. Alex Davies, 28, helped to set up National Action, a white …
Germany to boost military mission in Lithuania
By Andreas Rinke and Andrius Sytas VILNIUS (Reuters) – Germany is ready to ramp up its military mission in Lithuania in response to Russia’s invasion of Ukraine, German Chancellor Olaf Scholz said during a visit to Vilnius on Tuesday. “We are ready to …
Casino gets 3 preliminary offers for GreenYellow energy business – source
PARIS (Reuters) -French retailer Casino has received three preliminary offers for its renewable-energy business GreenYellow, with bids around 1.5 billion euros ($1.60 billion) each, a source with knowledge of the matter said on Tuesday. Macquarie I Squ…
Dollar dips as stocks advance; hits 2-decade high vs yen
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar index retreated from earlier highs and fell on Tuesday as U.S. equities shook off an early risk-off mood and turned positive, but the greenback managed to hit its highest level in 20 years again…
Top producer Albemarle risks shutting German plant if EU declares lithium a hazard
By Clara Denina and Pratima Desai LONDON (Reuters) – Top lithium producer Albemarle Corp may have to shut its Langelsheim plant in Germany if the metal used in electric vehicle batteries is declared a hazardous material by the European Union, its finan…
Spanish lawmakers vote on whether to draw up laws to abolish prostitution
By Emma Pinedo and Elena Rodriguez MADRID (Reuters) – The Spanish parliament will vote on Tuesday whether to draw up legislation to abolish prostitution, cracking down further on pimping and introducing tougher penalties for men buying sex in a controv…
Putin orders new budget rules to boost Russia’s growth
(Reuters) -Russian President Vladimir Putin ordered the government on Tuesday to draw up new budget rules by the end of July to boost growth and help protect the economy from a serious downturn. “Work has already started on the federal budget for the n…