COPENHAGEN (Reuters) – Denmark is ready to send a battalion of 800 soldiers to the Baltic States if NATO requests it, Prime Minister Mette Frederiksen said on Tuesday, adding that the contribution would need to obtain parliamentary approval. (Reporting…
Credit Suisse faces $500 million plus bill after ex-Georgian PM wins court case
By Brenna Hughes Neghaiwi ZURICH (Reuters) – A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due damages “substantially in excess of $500 million” from Credit Suisse’s local life insurance arm in a…
Sterling rises against dollar, falls versus euro on Ukraine talks
By Samuel Indyk LONDON (Reuters) -The British pound rose against the dollar and fell against a strengthening euro on Tuesday after Ukrainian and Russian negotiators announced progress in their peace talks. Russia promised to scale down its military ope…
PostNL says two of its Belgian hubs closed in labour probe
AMSTERDAM (Reuters) – Dutch mail and packages firm PostNL said on Tuesday two of its nine hubs in Belgium remained closed following police raids, as part of an ongoing investigation into labour practices. PostNL disclosed in its 2021 annual report that…
TIM board examined private equity interest
By Elvira Pollina MILAN (Reuters) -The board of Telecom Italia (TIM) will on Tuesday start examining a proposal from CVC for a stake in its enterprise services business and its directors will be also be briefed on discussions with KKR over a rival appr…
Russia’s gas supply to Europe at risk as rouble deadline nears
By Christoph Steitz and Nina Chestney FRANKFURT/LONDON (Reuters) -Russia said it would work out practical arrangements by Thursday for foreign companies to pay for its gas in roubles, raising the probability of supply disruptions as Western nations hav…
Britain to boost military presence in Arctic
OSLO (Reuters) -Britain plans to increase its military presence in the Arctic, defence minister Ben Wallace said on Tuesday, amid increased concerns among NATO allies about Russia following its invasion of Ukraine. Britain would commit militarily “to d…
J&J to suspend supply of personal care products to Russia
(Reuters) -Johnson & Johnson said on Tuesday it would suspend the supply of its personal care products in Russia, joining a host of other companies that have distanced themselves from Russia in response to its invasion of Ukraine. The drugmaker said it…
In China’s Wall Street, bankers and traders sleep in offices to beat Shanghai COVID lockdown
SHANGHAI (Reuters) – More than 20,000 bankers, traders and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through a COVID-19 lockdown, according to local admi…
Twelve killed in Ukraine’s Mykolaiv as rocket blasts hole in regional HQ
By Natalie Thomas MYKOLAIV, Ukraine (Reuters) – A Russian rocket hit the regional administration building in the southern Ukrainian port city of Mykolaiv on Tuesday, killing at least 12 people and wounding 33, the authorities said. The wounded were pul…