By Dmitry Zhdannikov and Divya Chowdhury DAVOS, Switzerland (Reuters) – Six months after the world agreed in Glasgow to a U.N. climate pact with bold, new targets, political and business leaders facing an energy crisis, volatile markets and an economic…
Soccer-Premier League approves proposed takeover of Chelsea by Boehly-led consortium
(Reuters) -The Boehly-Clearlake consortium, which agreed terms to acquire Chelsea for 4.25 billion pounds ($5.33 billion) earlier this month, passed the Premier League Owners’ and Directors’ Test, the league said on Tuesday, paving the way for the club…
British advisor says Typhoon jets to be delivered to Qatar in August -QNA
(Reuters) -An advisor for the British defence ministry, Air Marshal Martin Elliot Sampson, told Qatar’s state news agency (QNA) on Monday that the first delivery of typhoon jets will be delivered to Qatar in August. In 2017, BAE Systems and Qatar enter…
Glencore prepares to pay up to $1.5 billion to settle U.S., UK, Brazil probes
By Clara Denina, Kirstin Ridley and Sarah N. Lynch LONDON/WASHINGTON (Reuters) -Glencore Plc said on Tuesday it anticipates paying up to $1.5 billion to settle accusations of bribery and market manipulation, as authorities in the United States, Britain…
Exclusive – Sri Lanka’s prime minister says he will slash expenditure in new budget
By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) – Sri Lanka’s new Prime Minister Ranil Wickremesinghe said on Tuesday he will present an interim budget within six weeks, slashing infrastructure projects to re-route funds into a two-year reli…
TIM gets 1.6 billion euros in Italian broadband tender
ROME (Reuters) – Telecom Italia (TIM) on Tuesday secured 1.6 billion euros ($1.72 billion) from the Italian government in a tender for the rollout of ultra fast broadband, the innovation ministry said. State owned Open Fiber was awarded contracts worth…
Russian and Chinese jets patrol East Asia skies, capping Biden trip
By Michael Martina, Nobuhiro Kubo and Hyonhee Shin (Reuters) -Russian and Chinese military planes conducted joint exercises to patrol the Asia-Pacific region on Tuesday in a pointed farewell to U.S. President Joe Biden as he concluded an Asia trip that…
Stellantis, Samsung SDI to build $2.5 billion Indiana JV battery plant
By David Shepardson and Joseph White WASHINGTON (Reuters) -Stellantis NV and Samsung SDI said on Tuesday they will invest more than $2.5 billion to build a new joint venture battery plant in Kokomo, Indiana, as the Chrysler-parent ramps up electric veh…
UK says Qatar set to invest 10 billion pounds in Britain
LONDON (Reuters) – Britain said on Tuesday it had agreed a new Strategic Investment Partnership with Qatar on Tuesday which will see the Gulf state invest up to 10 billion pounds ($12.5 billion) in the next five years. The investment, which will cover …
Soccer-BBC apologises for ‘Manchester United are rubbish’ headline on ticker
(Reuters) – The BBC has apologised to viewers after the headline “Manchester United are rubbish” appeared on its ticker during a television news broadcast on Tuesday. The headline appeared on the bottom of the screen during a report on the French Open …