MILAN (Reuters) – Italian investors led by Milanese asset manager Banca Mediolanum bought into an Hong Kong initial public offering by luxury yacht maker Ferretti, which saw Chinese investors take the lion’s share, a person with knowledge of the matter…
U.S. prosecutors accuse alleged ISIS ‘Beatle’ of ‘brutal hostage-taking’
By Jan Wolfe ALEXANDRIA, Va. (Reuters) – A former British national accused of engaging in “brutal hostage-taking” as an alleged member of an Islamic State cell nicknamed “the Beatles” appeared in a U.S. federal court on Wednesday for the start of his c…
Few crypto firms get reprieve from Britain’s financial watchdog
LONDON (Reuters) – Britain’s financial watchdog said on Wednesday it has extended temporary licences for only a “small number” of cryptocurrency firms ahead of an April 1 cut-off date to prove sufficient money laundering controls. Crypto firms must hav…
Russia’s siege of the Ukrainian city of Mariupol
By Max Hunder (Reuters) – Ukraine’s southern port of Mariupol has been under fire since early in Russia’s invasion of Ukraine and a siege has trapped tens of thousands of people there with dwindling supplies. Here is a timeline of main events there. Fe…
U.S. opted to vacate warships from Black Sea before Ukraine war, general says
WASHINGTON (Reuters) – U.S. President Joe Biden’s administration made a policy decision to keep U.S. warships out of the Black Sea prior to Russia’s invasion of Ukraine, the top U.S. military commander in Europe, Air Force General Tod Wolters, told Con…
Russia bombards Kyiv outskirts, regroups for offensive in east Ukraine
By Vitalii Hnidyi and Sergiy Karazy MALA ROHAN/NEAR IRPIN, Ukraine (Reuters) – Russian forces bombarded the outskirts of Kyiv and a besieged city in northern Ukraine on Wednesday after promising to reduce attacks there in what the West dismissed as a p…
Europe told to turn down the heating in Russia gas standoff
By Kate Abnett and Susanna Twidale BRUSSELS/LONDON (Reuters) – Fears of a Russian gas supply crunch prompted some European countries on Wednesday to ask people to consume less energy in a move that could potentially yield big results. Despite months of…
Italy wants privatisation deal for ITA Airways by mid-June, sources say
By Giuseppe Fonte and Francesca Landini ROME (Reuters) – The Italian government wants to clinch a deal on the sale of state-owned carrier ITA Airways by mid-June, two sources close to the matter told Reuters on Wednesday. ITA took over from Alitalia in…
UK introduces new sanctions powers targetting Russian oligarchs’ aircraft and ships
LONDON (Reuters) – The British government said on Wednesday it had put in place new legal powers to prohibit maintenance on aircraft or ships belonging to specific sanctioned Russian oligarchs or their businesses. These new powers have immediately been…
Shanghai expands COVID lockdown as new daily cases surge by a third
By Brenda Goh and Roxanne Liu SHANGHAI (Reuters) -Authorities began locking down some western areas of Shanghai two days ahead of schedule, as new COVID-19 cases in China’s most populous city jumped by a third despite stringent measures already in plac…