(Reuters) – The U.S. health regulator said on Tuesday GlaxoSmithKline and Vir Biotechnology’s drug sotrovimab was no longer authorized to treat COVID-19 in the U.S. due to an increase in the proportion of cases caused by the Omicron BA.2 sub-variant. (…
Governor of Ukraine’s Zaporizhzhia says up to 20 people died in some occupied villages
(Reuters) – The governor of Ukraine’s Zaporizhzhia region on Tuesday said some villages that were recaptured from Russian forces saw up to 20 people die while under occupation out of populations of around 120. “You had a village of 120 people – 15, 17,…
Major British homebuilders sign pledge on fire safety measures
(Reuters) -Four major British housebuilders have signed a government-backed safety pledge to remove flammable roof coverings from buildings which came into focus after the deadly Grenfell Tower fire in London. The country’s second-largest and third-lar…
Russia turns to China for microchips for in-demand domestic bank cards
(Reuters) – Russia is turning to microchip manufactures in China to circumvent western sanctions which have boosted demand for bank cards linked to the Mir payment system, an executive with the domestic payment system said. Western sanctions imposed on…
Ukraine leader tells top U.N. body to make Russia accountable for ‘war crimes’
By Michelle Nichols and Pavel Polityuk UNITED NATIONS/LVIV, Ukraine (Reuters) – Ukrainian President Volodomyr Zelenskiy told the U.N. Security Council on Tuesday that “accountability must be inevitable” for Russia as he accused invading Russian troops …
Public Power Corp posts 2021 loss on higher gas, CO2 purchases
ATHENS (Reuters) – Greece’s biggest power utility Public Power Corp. (PPC) posted a full-year loss on Tuesday on the back of higher spending for gas purchases and carbon emissions and hefty discounts offered to customers suffering from soaring energy c…
In heated exchange, US defense chief defends Ukraine response
WASHINGTON (Reuters) – U.S. Defense Secretary Lloyd Austin defended America’s response to the war in Ukraine on Tuesday during a heated exchange with a Republican lawmaker who accused the Pentagon of over-estimating Russia’s military capability. “Has i…
Exclusive-Big online firms face 0.1% supervisory fee under new EU rules
By Foo Yun Chee BRUSSELS (Reuters) -Major online platforms face a fee up to 0.1% of annual net income to cover the costs of monitoring compliance with new European Union rules requiring them to do more to police their content, an EU document shows. The…
Stocks fall, bond yields jump following Brainard comments
By Caroline Valetkevitch NEW YORK (Reuters) – Stocks on global indexes were lower on Tuesday while U.S. Treasury yields rose to multi-year highs as comments from U.S. Federal Reserve Governor Lael Brainard put investor focus on the possibility of aggre…
Sanctioned Russian bank VTB pays bond coupons in roubles
(Reuters) -Sanctioned Russian lender VTB has made coupon payments in roubles to holders of its domestic subordinated bonds denominated in dollars and euros, the National Settlement Depository said on Tuesday. Russia’s ability to continue servicing debt…