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03-05-2022 kslmadmin
LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from the government, as it edges closer towards private ownership 15 years after it was bailed out in the global financial crisis. The deal will reduce the government’s stake in the former Royal Bank of Scotland to 38.69% from around 41.4%. NatWest said it had agreed to buy the shares […]
LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from the government, as it edges closer towards private ownership 15 years after it was bailed out in the global financial crisis. The deal will reduce the government’s stake in the former Royal Bank of Scotland to 38.69% from around 41.4%. NatWest said it had agreed to buy the shares […]
By Kate Holton and Paul Sandle LONDON (Reuters) -When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise. Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. The reaction has been brutal, with the company’s shares sliding to 20-year lows. Della Valle, an […]
By Kate Holton and Paul Sandle LONDON (Reuters) -When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise. Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. The reaction has been brutal, with the company’s shares sliding to 20-year lows. Della Valle, an […]
By Liz Lee and Satoshi Sugiyama BEIJING/TOKYO (Reuters) -State-backed Chinese mouthpiece Global Times called the G7 an “anti-China workshop” on Monday, after Beijing summoned Japan’s envoy and berated Britain in a fiery response to statements issued at the weekend G7 summit in Hiroshima. A joint communique issued on Saturday singled out China on issues ranging from Taiwan and maritime claims, to economic coercion and human rights, underscoring the tensions between […]
By Liz Lee and Satoshi Sugiyama BEIJING/TOKYO (Reuters) -State-backed Chinese mouthpiece Global Times called the G7 an “anti-China workshop” on Monday, after Beijing summoned Japan’s envoy and berated Britain in a fiery response to statements issued at the weekend G7 summit in Hiroshima. A joint communique issued on Saturday singled out China on issues ranging from Taiwan and maritime claims, to economic coercion and human rights, underscoring the tensions between […]
By Liz Lee and Satoshi Sugiyama BEIJING/TOKYO (Reuters) -State-backed Chinese mouthpiece Global Times called the G7 an “anti-China workshop” on Monday, after Beijing summoned Japan’s envoy and berated Britain in a fiery response to statements issued at the weekend G7 summit in Hiroshima. A joint communique issued on Saturday singled out China on issues ranging from Taiwan and maritime claims, to economic coercion and human rights, underscoring the tensions between […]
By Liz Lee and Satoshi Sugiyama BEIJING/TOKYO (Reuters) -State-backed Chinese mouthpiece Global Times called the G7 an “anti-China workshop” on Monday, after Beijing summoned Japan’s envoy and berated Britain in a fiery response to statements issued at the weekend G7 summit in Hiroshima. A joint communique issued on Saturday singled out China on issues ranging from Taiwan and maritime claims, to economic coercion and human rights, underscoring the tensions between […]
ATHENS (Reuters) – Greek Prime Minister Kyriakos Mitsotakis was due on Monday to receive an official mandate to try form a coalition government after falling short of an absolute majority win in Sunday’s election. Mitsotakis’ New Democracy party won 40.8% of the vote versus 20% for the leftist Syriza. The result was a stunning boost for Mitsotakis, whose administration had to deal with a wiretapping scandal, the COVID pandemic, a […]
