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Credit Suisse froze $10.6 billion worth of sanctioned assets in Q1
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France’s Engie wants clear EU guidelines on Russian gas payments
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Sinn Fein eyes watershed win as N.Ireland goes to the polls
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Explainer-Why the EU may find it tough to squeeze out Russian oil
Buckingham Palace parties return, without Queen Elizabeth
Date: May 5, 2022
LONDON (Reuters) – Members of the British royal family will stand in for Queen Elizabeth when the traditional garden parties return this summer at Buckingham Palace, her office said on Thursday. Mobility issues have meant that the 96-year-old monarch has been forced to cut back on public engagements, and the Palace said members of the...
China’s COVID controls makes EU firms consider shifting investments – chamber
Date: May 5, 2022
SHENZHEN, China (Reuters) -European businesses in China are increasingly looking to shift their investments to other markets due to the country’s strict COVID-19 containment measures and supply chain disruptions, the European Chamber of Commerce in China said on Thursday. A member survey found that almost a quarter of respondents were considering moving current or planned...
Soccer-Spanish media hail Real Madrid after “Bernabeu’s greatest night”
Date: May 5, 2022
(Reuters) -Spanish media heaped praise on Real Madrid after the LaLiga winners pulled off a remarkable comeback win against Manchester City on Wednesday to advance to the Champions League final. Leading 1-0 with minutes to go, City seemed to be heading for Paris before a late Rodrygo double and an extra-time penalty from Karim Benzema...
Spain’s tourist arrivals jump 8-fold in March, edge toward pre-COVID levels
Date: May 5, 2022
MADRID (Reuters) – Spain received 4 million tourists in March, more than eight times as many as in the same month last year, after most pandemic-related restrictions were lifted, data from the National Institute of Statistics (INE) showed on Thursday. Foreign tourists spent 5.07 billion euros ($5.37 billion) while on holiday in the country in...
UK auto industry cuts 2022 outlook on supply snags, rising cost of living
Date: May 5, 2022
(Reuters) – British new car sales this year will be lower than previously thought as the cost-of-living squeeze in Britain and persisting chip shortages impact the auto market, industry data showed on Thursday. The Society of Motor Manufacturers and Traders (SMMT) said 2022 outlook for new cars registered has been cut to 1.72 million from...
Telecom Italia CEO confident deal within reach on single network
Date: May 5, 2022
MILAN (Reuters) -The head of Telecom Italia (TIM) said on Thursday he was confident of clinching a preliminary agreement to merge Italy’s biggest phone group’s network assets with those of rival Open Fiber within days. The debt laden former phone monopoly is working on an overhaul centred around a split of its services businesses from...