HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensitive’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its business in Canada to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way for a potential bumper payout … Read more

Bleak winter looms as Russian strikes cripple Ukraine’s power capacity

Bleak winter looms as Russian strikes cripple Ukraine's power capacity

Ukrainians with little or no heating after bombardments Temperatures in several areas already below freezing Kherson residents get offer to evacuate to safer regions Ukraine security service raids famous Kyiv monastery KYIV, Nov 22 (Reuters) – President Volodymyr Zelenskiy appealed to Ukrainians to conserve energy amid relentless Russian strikes that have halved the country’s power … Read more

‘Close call’ in shelling near nuclear reactor on Ukraine’s frontline

Ukraine nuclear plant shelled, UN warns: 'You're playing with fire!'

IAEA chief warns of huge risks from fighting at plant Russia, Ukraine trade blame for shelling President Zelenskiy says eastern region hit by heavy artillery ‘Fiercest battles’ in Donetsk region, Zelenskiy says KYIV, Nov 21 (Reuters) – Ukraine narrowly escaped disaster during fighting at the weekend that rocked Europe’s largest atomic power plant with a … Read more

Exclusive: How FTX bought its way to become the ‘most regulated’ crypto exchange

Exclusive: How FTX bought its way to become the 'most regulated' crypto exchange

FTX bought a 10% stake in IEX with an option to acquire 100% FTX spent $2 billion on ‘acquisitions for regulatory purposes’ Documents show FTX saw its regulatory status as a way of luring new capital from major investors Nov 18 (Reuters) – Before it collapsed this month, FTX stood apart from many rivals in … Read more

Dutch court sentences three to life in prison for 2014 downing of MH17 over Ukraine

Dutch court sentences three to life in prison for 2014 downing of MH17 over Ukraine

Crash killed 298 passengers and crew Court finds Russian missile downed the plane Convicted men are fugitives, believed in Russia AMSTERDAM, Nov 17 (Reuters) – Dutch judges convicted two Russian men and a Ukrainian man in absentia of murder for their role in the shooting down of Flight MH17 over Ukraine in 2014 with the … Read more

G20 summit deplores war in Ukraine ‘in strongest terms’

G20 summit deplores war in Ukraine 'in strongest terms'

G20 says ‘most members’ condemn war in Ukraine Threat of use of nuclear weapons ‘inadmissible’ -declaration Agreement to calibrate monetary tightening NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” on Wednesday and demanded its unconditional withdrawal in a declaration … Read more

World Court says it has jurisdiction, Myanmar genocide case to proceed

World Court says it has jurisdiction, Myanmar genocide case to proceed

Court rules case brought by Gambia can proceed Any full hearing could take years Myanmar denies genocide THE HAGUE, July 22 (Reuters) – The World Court on Friday rejected Myanmar’s objections to a genocide case over its treatment of the Muslim Rohingya minority, paving the way for the case to be heard in full. Myanmar, … Read more