Man found guilty of threatening behaviour after eggs thrown at King Charles

LONDON (Reuters) -A 23-year-old man was found guilty of threatening behaviour on Friday after throwing at least five eggs at King Charles in November when the monarch visited York in northern England, prosecutors said. The Crown Prosecution Service (CPS) said Patrick Thelwell was sentenced to a 12-month community order with “100 hours of unpaid work” …

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Exclusive-Britain’s Co-op Bank weighs options including sale, IPO –sources

By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez LONDON (Reuters) – The Co-operative Bank is in the early stages of exploring strategic options, people familiar with the matter told Reuters, in a move that could kickstart long-touted consolidation among Britain’s midsized banks. The bank has been working with advisers at PJT Partners and Fenchurch …

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India says new IT fact-checking unit will not censor journalism

NEW DELHI (Reuters) – A proposed Indian government unit to fact-check news on social media is not about censoring journalism nor will it have any impact on media reportage, a federal minister said on Friday. Recently amended IT regulation requires online platforms like Meta Platforms Inc’s Facebook and Twitter to “make reasonable efforts” to not …

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Wells Fargo profit exceeds estimates as rising rates bolster income

By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo & Co’s profit surpassed expectations for the first quarter on Friday as it earned more from higher interest rates, even while executives forecast tighter monetary policy would dampen economic activity. The bank also reported a $643 million increase in the allowance for credit …

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Italy to announce Africa energy cooperation plan in October, says PM

ROME (Reuters) – Italy’s government will announce a plan focused on energy cooperation with Africa in October, Prime Minister Giorgia Meloni said on Friday during a visit to Ethiopia. The so-called “Mattei plan”, named after the founder of Italian energy group Eni, Enrico Mattei, aims to turn Italy into a major energy hub, distributing gas …

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