Reuters UK/EU

U.S. sanctions on Russia hit 300 targets -Treasury website

WASHINGTON (Reuters) – The United States on Friday unveiled a raft of new Russia sanctions, targeting hundreds of individuals and entities, the U.S. Treasury Department notice posted online. (This story has been refiled to mention the source in the headline) (Reporting by Daphne Psaledakis, Susan Heavey, Simon Lewis; Editing by Doina Chiacu)

Allianz sells controlling stake in Russian business to local firm

MOSCOW (Reuters) – Insurance company Allianz has finalised a deal to sell a majority stake in its Russian operations to local firm Interholding, which owns Russia’s Zetta Insurance, Allianz Russia said on Thursday. After a lengthy approval process, Allianz will transfer full control of its Russian portfolio to Zetta Insurance Group, Allianz Russia said. It …

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Ukraine says its repels attacks as Russia tries to retake land near Bakhmut

By Ivan Lyubysh-Kirdey NEAR BAKHMUT, Ukraine (Reuters) – Ukraine said on Friday it had repelled attacks by Russian forces trying to recapture land they had lost around the devastated eastern city of Bakhmut, where Kyiv says it has inflicted heavy Russian casualties. A Ukrainian mortar unit near the city told Reuters it had advanced this …

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Main focus of G7 sanctions to prevent Russia from bypassing existing curbs, Germany says

HIROSHIMA, Japan (Reuters) – The main focus of sanctions the Group of Seven rich nations plan to apply on Russia is to prevent Moscow from bypassing those already in place, German Chancellor Olaf Scholz told reporters on Friday. “This is very important to do everything we can to continue the broadly developed sanctions and to …

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Slovak court finds businessman Kocner innocent in 2018 murder of journalist

(Reuters) -A Slovak court found businessman Marian Kocner innocent on Friday for the second time in a case alleging he orchestrated the 2018 murder of an investigative journalist that had shaken the country and triggered mass protests against graft. The Specialised Criminal Court in Pezinok cleared Kocner of ordering the murder of Jan Kuciak, who …

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U.S. Supreme Court rules against Amgen bid to revive cholesterol drug patents

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday ruled against Amgen Inc in its bid to revive patents on its cholesterol-lowering drug Repatha in a legal clash with French rival Sanofi SA. The 9-0 ruling upheld a lower court’s decision that had invalidated Amgen’s patents on the grounds that the Thousand Oaks, …

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Ferrovial says no shareholder opted to divest after approval of Dutch move

MADRID (Reuters) – Spanish construction giant Ferrovial said on Friday that none of its investors took an option to divest after a majority of its shareholders approved a plan to move the holding’s headquarters to the Netherlands from Spain. “We are not aware of any shareholder exercising the right of separation,” the company said on …

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German cabinet publishes draft legislation on new citizenship rules

(Reuters) – Germany’s interior ministry published draft legislation aimed at making it easier for people to apply for citizenship, as Berlin seeks to boost migration and open up the job market in Europe’s biggest economy. The draft proposes a multiple citizenship option and cuts the required residency years before naturalization down to five or three …

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