BRUSSELS (Reuters) -Sixteen EU countries asked the European Commission on Monday to propose a new law in the coming months on taxing tobacco in the bloc to include new products such as electronic cigarettes – vapes – which are not covered under existing legislation. The initiative, led by the Netherlands, has the support of Croatia, the …
EU countries want vaping included in bloc’s tobacco tax law Read More »
LONDON/WASHINGTON (Reuters) -The United States and Britain on Monday announced a new wave of sanctions targeting what it said was the illicit gold trade, which the United Kingdom said was financing Russian President Vladimir Putin’s war efforts in Ukraine and fuelling corruption. The UK government froze the assets of four individuals it said were involved …
US, UK take aim at illicit gold trade in sanctions action Read More »
By Andrew Chung (Reuters) -The U.S. Supreme Court rejected on Monday a Hawaii man’s bid to throw out criminal charges for carrying a pistol while hiking, as the justices declined to review a ruling by the liberal-leaning state’s top court that denounced an expansion of gun rights by the nation’s highest judicial body. The man, …
US Supreme Court avoids Hawaii legal fight over gun rights Read More »
By Andrew Chung (Reuters) – The U.S. Supreme Court, turning away another case involving transgender issues, declined on Monday to hear a bid to revive a lawsuit against a public school district in Wisconsin over a policy to support gender identity of students that some parents challenged on religious rights and other grounds. The Supreme …
US Supreme Court rejects school gender-identity policy challenge Read More »
(Reuters) -Premier League referee David Coote has been sacked by English soccer referees’ body PGMOL on Monday, after their investigation found his actions to be in serious breach of his contract. Coote had been suspended last month after a video circulated on social media showing the official allegedly abusing Liverpool and former manager Juergen Klopp …
Soccer-Premier League referee Coote sacked by PGMOL Read More »
By Emma Farge GENEVA (Reuters) -Swiss prosecutors are seeking a total of over $156 million in penalties and compensation from Trafigura and a four-year jail sentence for former Chief Operating Officer Mike Wainwright at an ongoing corruption trial in Switzerland, a spokesperson for the Attorney General’s Office said on Monday. The case is the first …
Swiss prosecutors seek $156 million from Trafigura in corruption trial Read More »
(Reuters) -Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump’s proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn, limiting the scope for major central banks to ease monetary policy. World economies and equity markets have had …
Factbox-Brokerages see ‘uncertain’ 2025 on worries over potential Trump tariffs Read More »
(Reuters) – Indian power producer Continuum Green Energy filed for an initial public offering worth 36.5 billion rupees ($430.26 million) on Monday, as it looks to cash in on the country’s growing clean energy needs. WHY IT’S IMPORTANT The renewable energy sector is rapidly expanding in India, where most power demand is still met with …
Continuum Green Energy files for $430 million India IPO Read More »
By Nora Eckert DETROIT (Reuters) – Stellantis’ former head of Ram is returning to the company just months after announcing his retirement, as the automaker seeks to strengthen its leadership team following the unexpected resignation of CEO Carlos Tavares. Stellantis confirmed on Monday that Timothy Kuniskis would resume his position as CEO of Ram, one …
Stellantis’ former head of Ram returns to run the brand Read More »
MILAN (Reuters) – Three private equity firms are left in the race to buy Italy’s Forgital, which manufactures forged components mainly for the aerospace sector, two sources close to the matter said on Monday. The binding offers are expected by the end of the business day on Monday, one of the sources added. Private equity …
