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☆ UBS shares briefly halted on report of growing U.S. probe over Russian sanctions
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

A UBS logo is seen next to Credit Suisse at the Bahnhofstrasse before a news conference of Swiss bank UBS in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsLONDON, Sept 27 (Reuters) - Trading in UBS (UBSG.S) shares was briefly halted on Wednesday, after Bloomberg reported the Swiss bank and defunct rival Credit Suisse face a growing U.S. probe over alleged Russian sanctions evasion. UBS shares dropped as much as 7.9% by 1049 GMT, before being halted. Trading was reinstated at 1054 GMT and shares regained some ground, last down 4.2%. UBS shares are still up by nearly 50% since the four-month lows hit in late March, as it kicked off its emergency takeover of Credit Suisse, and are trading near their highest in 15 years.

Persons: Denis Balibouse, Lucy Raitano, John Revill, Amanda Cooper Organizations: UBS, Credit Suisse, Swiss, REUTERS, Bloomberg, Trading, Reuters, Thomson Locations: Zurich Switzerland, Swiss, London, Zurich

☆ Swiss to sell back Leopard II tanks to help restock after Ukraine donations
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

Recruits of the Swiss army Tank School 21 perform an attack exercise with the Leopard 2 tank in Bure, Switzerland May 5, 2023. REUTERS/Denis Balibouse Acquire Licensing RightsZURICH, Sept 27 (Reuters) - Germany has welcomed a decision by neutral Switzerland to open the way to sell back some of its German-made Leopard II tanks to help rebuild stocks depleted by aid to Ukraine. Germany had asked Switzerland in February to sell back some of the 96 Leopard II tanks it has in storage to manufacturer Rheinmetall AG (RHMG.DE). He was speaking after the Swiss parliament on Tuesday approved the decommissioning of 25 Leopard II tanks, paving the way for them to be resold to Germany. Buying Swiss weapons could become difficult unless Bern adjusts its law on war materials, German ambassador Fluegger said.

Persons: Denis Balibouse, Michel Fluegger, Fluegger, Viola Amherd, John Revill, Philippa Fletcher Organizations: Swiss army Tank, REUTERS, Rights, Leopard, Rheinmetall AG, NATO, Swiss, Leopard IIs, SRF, Thomson Locations: Bure, Switzerland, Germany, Ukraine, Berlin, Bern, Kyiv, Swiss, Denmark, Spain, Europe

☆ UBS, Credit Suisse face wider US probe over Russia sanctions -Bloomberg News
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

Logos of Swiss banks UBS and Credit Suisse are seen on an office building in Zurich, Switzerland March 19, 2023. UBS declined to comment to Reuters when asked for a response to the Bloomberg News report, which said the alleged compliance failures related to UBS and Credit Suisse, which was taken over by its larger rival UBS (UBSG.S) earlier this year. A full-scale investigation by the Department of Justice focusing mainly on Credit Suisse and potential sanctions violations was now underway, added the Bloomberg report, citing people familiar with the matter. "Credit Suisse has conducted a review of these issues, the UK and French aspects of which have been closed, and is continuing to cooperate with the authorities," UBS added. The Swiss bank has also adjusted its valuation of Credit Suisse by $3 billion to cover outflows related to contingent liabilities such as law suits.

Persons: Denis Balibouse, JP Morgan, Shivani Tanna, John Revill, Krishna Chandra Eluri, Emelia, Jane Merriman, Alexander Smith Organizations: UBS, Credit Suisse, REUTERS, Rights, U.S . Department of Justice, Bloomberg, Department of Justice, Justice, United, European Union, Suisse, DOJ, Credit, Thomson Locations: Zurich, Switzerland, United Nations, United States, Switzerland's, Britain, Netherlands, France, Belgium, Swiss, Ukraine, Crimea, Bengaluru

☆ UEFA set to reinstate Russian youth teams
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

Following the invasion, which Moscow calls a "special military operation", UEFA decided in February 2022 that all Russian teams - national or club sides - would be suspended from participation in their competitions. "The Executive Committee has asked the UEFA administration to propose a technical solution that would enable the reinstatement of the Russian U17 teams (both girls and boys) even when draws have already been held." UEFA added that Russian teams' matches would be played outside Russia and would not feature the country's flag, anthem or national kit. "... by banning children from our competitions, we not only fail to recognise and uphold a fundamental right for their holistic development but we directly discriminate against them," UEFA President Aleksander Ceferin said. Duka is head of Albania's soccer federation and has been a member of UEFA's Executive Committee since 2019.

Persons: Denis Balibouse, Aleksander Ceferin, Armand Duka, Luis Rubiales, Rubiales, Jenni Hermoso, Duka, Aadi Nair, Christian Radnedge Organizations: UEFA, Union of European Football Associations, REUTERS, Gazprom, Russian U17, Spanish Federation, UEFA's, Thomson Locations: Nyon, Switzerland, Ukraine, European, Limassol, Cyprus, Moscow, Russian, Russia, Bengaluru

MARTIGNY, Switzerland, Sept 26 (Reuters) - St. Bernard dogs, one of Switzerland's national symbols that were internationally renowned for helping in alpine rescues, are now saving people in other ways. "The dogs work in hospitals, in nursing homes with senior citizens. They are descendants of Barry I, a St. Bernard credited with saving the lives of more than 40 people on the Great St. Bernard Pass in the early 19th century. "They have a great sense of smell," said Anne Hölzer, in charge of training at Barry Foundation. "It's a very strong symbol of Switzerland," Zollinger said.

Persons: Bernard dogs, Bernard, Andrea Zollinger, Zollinger, Roxy van de Burggravehoeve, Barry, Denis Balibouse, Barry Foundation's, Roxy, Barry I, Napoleon, Anne Hölzer, Gabrielle Tétrault, Farber, Bernadette Baum Organizations: Barry Foundation, REUTERS, Thomson Locations: Switzerland, Swiss, Martigny, Italy, France, Bernard

☆ China urges countries to boycott Hong Kong media freedom event - document
▼ + stars: | 2023-09-26 | by ( Emma Farge | ) www.reuters.com time to read: +3 min

The flag alley at the United Nations European headquarters is seen during the Human Rights Council in Geneva, Switzerland, September 11, 2023. The event on Wednesday titled 'Media Freedom in Hong Kong' is being held on the sidelines of the five-week meeting of the U.N. Human Rights Council. Britain released a report this month saying that Hong Kong authorities have extended the application of a Beijing imposed national security law "beyond genuine national security concerns". China, one of the 47 members of the Geneva-based Human Rights Council and seeking re-election next month, has in the past sought to counter criticism of its human rights record. Reporting by Emma Farge; Additional reporting by Greg Torode and Jessie Pang in Hong Kong; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Denis Balibouse, Sebastien Lai, Jimmy Lai, China's, Jimmy Lai's, Michelle Bachelet, Emma Farge, Greg Torode, Jessie Pang, Jacqueline Wong Organizations: United Nations, Human Rights, REUTERS, Rights, British, Reuters, Rights Council, Thomson Locations: Geneva, Switzerland, China, British, Hong Kong, United States, France, Germany, Britain, Beijing, Xinjiang

The UK goal was ahead of the 2035 ban in the European Union, where most British-made cars are sold. "The timing sends the message that things can change again, making it difficult for companies to manage their investment strategies." Under the new mandate that the government could make public as early as this week, the 80% 2030 electric target should remain - with the other 20% a mixture of fossil fuel models and hybrids until 2035. "In Britain, there's no industrial strategy, no intent for industrial strategy and no desire for an industrial strategy," Palmer said. "The UK (fossil fuel ban) delay is not a good sign in terms of stability, but they have realigned with EU regulation," said Denis Schemoul, director of European vehicle forecasting at S&P Global Mobility.

Persons: Rishi Sunak, Christopher Furlong, Boris Johnson, Sunak, it's, Philip Nothard, ZEV, Andy Leyland, Adrian Keen, Keen, Andy Palmer, Aston Martin, Palmer, Denis Schemoul, Nick Carey, Barbara Lewis Organizations: Britain's, Rover, Industry, Union, EV, European Union, Cox Automotive, Volvo, Ford, EU, P Global Mobility, Thomson Locations: Warwick , England, British, Britain, EVs, Europe, Spain

FILE PHOTO-Volker Turk, United Nations High Commissioner for Human Rights, attends the Human Rights Council at the United Nations in Geneva, Switzerland February 27, 2023. Hanoi police on Sept. 15 detained Ngo Thi To Nhien, Executive Director of the Vietnam Initiative for Energy Transition (VIET), an independent think tank focused on green energy policy, Reuters reported last week citing a charity and a source. Nhien had worked for the World Bank, with the United Nations Development Programme and the United States aid agency (USAID), according to her profile on LinkedIn. She "has participated in international and national events, including consultations organized by UNDP on the topic of energy transition," the UNDP in Vietnam confirmed in an email message to Reuters. Phil Robertson, Deputy Asia Director at Human Rights Watch, said Manh had a strong alibi which was disregarded.

Persons: Volker Turk, Denis Balibouse, U.N, Joe Biden, Ngo Thi, Nhien, Le Van Manh, Phil Robertson, Manh, Francesco Guarascio @fraguarascio, Michael Perry Organizations: United Nations, Human Rights, REUTERS, Rights, Vietnam Initiative for Energy, Reuters, UN, World Bank, USAID, LinkedIn, UNDP, European, Asia, Thomson Locations: Geneva, Switzerland, Rights HANOI, Hanoi, United States, Vietnam

☆ Russia tortured some Ukrainian victims to death, UN inquiry says
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Denis Balibouse Acquire Licensing RightsGENEVA, Sept 25 (Reuters) - Russia's torture methods in parts of Ukraine it occupied have been so brutal that it tortured some of its victims to death, the head of a U.N.-mandated investigative body said on Monday. "In some cases, torture was inflicted with such brutality that it caused the death of the victim," he said. Møse's commission visited parts of Ukraine formerly held by Russian forces such as in Kherson and Zaporizhzhia regions. The commission has previously said that violations committed by Russian forces in Ukraine, including the use of torture, may constitute crimes against humanity. Russia was given an opportunity to respond to the allegations at the council hearing but no Russian representative attended.

Persons: Jasminka Dzumhur, Erik Mose, Pablo de Greiff, Denis Balibouse, Erik Møse, Møse's, Emma Farge, Peter Graff Organizations: Independent International Commission of, United Nations, REUTERS, Rights, Human Rights, Russian, Thomson Locations: Ukraine, Geneva, Switzerland, Russian, Kherson, Zaporizhzhia, Russia

☆ Russia imposes 'military censorship' on the internet, ban on public gatherings and strikes in occupied Ukraine
▼ + stars: | 2023-09-24 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

Russia, via a local proxy, is imposing a ban on public gatherings and strikes in occupied Ukraine. A decree published Sunday also announces that "military censorship" will be imposed on the internet. In a decree published Sunday, Denis Pushilin, head of the Donetsk People's Republic, "imposed military censorship on mail, Internet communications and phone conversations," Russian state media reported. The decree also prohibits public gatherings that have not received prior approval from military authorities, according to Reuters. The order comes as Ukrainian and Russian forces clash along the borders of Donetsk, which Moscow formally (and illegally) annexed last year.

Persons: Donestk, Denis Pushilin Organizations: Service, Donetsk People's, Reuters, Civilians, Pravda, Russia's Ministry of Defense, Institute for Locations: Russia, Ukraine, Donestk People's Republic, Wall, Silicon, Donetsk, Donetsk People's Republic, Russian, Moscow, Donestk, Zaporizhzhia Oblast, Washington, Bakhmut

☆ Russian-installed head of Donetsk imposes five-hour curfew
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +1 min

[1/2] A view shows a newly built apartment block next to those damaged in the course of Russia-Ukraine conflict, in Mariupol, Russian-controlled Ukraine, August 16, 2023. REUTERS/Alexander Ermochenko Acquire Licensing RightsSept 24 (Reuters) - The Russian-installed head of the Russian-annexed Ukrainian region of Donetsk has imposed a curfew, according to a decree published on Sunday. Denis Pushilin banned the presence of civilians on streets and public places from 11 p.m. until 4 a.m. on Mondays-Fridays, according to the decree. The decree forbade assemblies, rallies and demonstrations as well as other mass events in Russia-controlled parts of Donetsk region unless they were permitted by Operational Headquarters for Military Threat Response in Donetsk People's Republic. Among other steps entailed by Pushilin's order was the establishment of checkpoints and security posts at borders with Luhansk and Zaporizhzhia regions.

Persons: Alexander Ermochenko, Denis Pushilin, Guy Faulconbridge Organizations: REUTERS, Operational Headquarters, Military, Pushilin, Reuters, Thomson Locations: Russia, Ukraine, Mariupol, Russian, Ukrainian, Donetsk, Donetsk People's Republic, Luhansk, Zaporizhzhia

☆ Newcomers fire as Team World make strong start to Laver Cup defence
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

Tennis - Laver Cup - Palexpo, Geneva, Switzerland - September 20, 2019 General view of the Laver Cup trophy before the start of play REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsSept 22 (Reuters) - Defending champions Team World took a 4-0 lead over Team Europe on the opening day of the Laver Cup in Vancouver on Friday, as Ben Shelton, Francisco Cerundolo and Felix Auger-Aliassime all won their singles matches. Argentine Cerundolo claimed his first point for Team World with a 6-3 7-5 victory over Alejandro Davidovich Fokina. There's a lot of energy," Team World captain John McEnroe said. Home favourite Felix Auger-Aliassime made it a hat-trick of singles wins for Team World with a 6-4 6-3 victory over French veteran Gael Monfils in the evening session. The first team to reach 13 points will lift the Laver Cup.

Persons: Denis Balibouse, Ben Shelton, Francisco Cerundolo, Felix Auger, Aliassime, golf's, Roger Federer, Rafa Nadal, Novak Djokovic, Shelton, Arthur Fils of, Federer, it's, Argentine Cerundolo, Alejandro Davidovich Fokina, We've, John McEnroe, we've, Gael Monfils, Frances Tiafoe, Tommy Paul, Europe's Fils, Andrey Rublev, Shrivathsa Sridhar, William Mallard, Peter Rutherford Organizations: Laver, REUTERS, Team Europe, Rogers, Team, Thomson Locations: Geneva, Switzerland, Vancouver, Arthur Fils of France, Argentine, Bengaluru

Finance Minister Anton Siluanov said Russia would return to following its budget rule in 2024, envisaging an oil price of $60 per barrel. The government was discussing budget plans for the next three years. Bloomberg News reported that Russia is also planning a huge hike in defence spending next year, swelling to 6% of GDP from 3.9% in 2023 and 2.7% in 2021. Siluanov said Russia planned to raise domestic borrowing to more than 4 trillion roubles annually to fund its deficits. Siluanov said Russia's NWF would hold 6.7 trillion roubles by end-2024, down from 13.7 trillion roubles, or 9.1% of GDP as of Sept. 1.

Persons: Vladimir Putin, Denis Manturov, Alexei Krivoruchko, Mikhail Metzel, Mikhail Mishustin, Mishustin, Anton Siluanov, Siluanov, Russia's, Vladimir Soldatkin, Darya Korsunskaya, Alexander Marrow, Mark Trevelyan Organizations: Sputnik, REUTERS Acquire, Finance, National Wealth Fund, Bloomberg News, Reuters, Thomson Locations: Izhevsk, Russia, Ukraine MOSCOW, Moscow, Ukraine

☆ Russia plans huge defence spending hike in 2024, Bloomberg reports
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

Russian President Vladimir Putin, accompanied by Deputy Prime Minister Denis Manturov, Deputy Defence Minister Alexei Krivoruchko and other officials, attends the Gunsmith Forum in the city of Izhevsk, Russia September 19, 2023. Sputnik/Mikhail Metzel/Pool via REUTERS Acquire Licensing RightsSept 22 (Reuters) - Russia plans a huge hike in defence spending next year, swelling to 6% of gross domestic product (GDP), up from 3.9% in 2023 and 2.7% in 2021, Bloomberg News reported on Friday. Moscow doubled its target for defence spending in 2023 to more than $100 billion, Reuters reported exclusively in August, as the costs of the war in Ukraine spiral and place growing strain on Moscow's finances. Rising war costs are supporting Russia's modest economic recovery this year with higher industrial production, but have already pushed budget finances to a deficit of around $24 billion - a figure compounded by falling export revenues. Reporting by Urvi Dugar in Bengaluru; Writing by Alexander Marrow; Editing by Andrew Cawthorne and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Putin, Denis Manturov, Alexei Krivoruchko, Mikhail Metzel, Urvi, Alexander Marrow, Andrew Cawthorne, Gareth Jones Organizations: Sputnik, REUTERS Acquire, Bloomberg, Reuters, Thomson Locations: Izhevsk, Russia, Moscow, Ukraine, Bengaluru

☆ Ukraine war expected to have bigger impact on European economies - Swiss study
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. Since Russia invaded Ukraine in February 2022, Europe has seen a surge in energy prices, financial market turmoil and a sharp contraction in the economies of both Russia and Ukraine, the report said. "The negative consequences of the war are likely to be far greater in the medium-to-long term, especially with regard to the real economy," the study said. France would have seen inflation 0.3% lower and GDP 0.1% higher without the conflict, while Italian inflation would have been 0.2% lower and GDP 0.3% higher. Swiss GDP would have been 0.3% higher and inflation 0.4% lower without the war, the study added.

Persons: Denis Balibouse, John Revill, Alex Richardson, Gareth Jones Organizations: Swiss National Bank, REUTERS, Rights, Thomson Locations: Zurich, Switzerland, Ukraine, Russia, Europe, Germany, Britain, France, Italy, Swiss

[1/2] Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. Credit Suisse, which was Switzerland's second-biggest bank, suffered years of scandals and losses before it had to be rescued in March in a state-engineered takeover by UBS. Credit Suisse declined to comment. Spokespeople for central banks in South Korea, India, Ireland, and Saudi Arabia also did not immediately respond to Reuters requests for comment. Last month, a Moscow court banned UBS and Credit Suisse from disposing of shares in their Russian subsidiaries, Reuters reported, citing court documents.

Persons: Denis Balibouse, Laws, Engen Tham, Selena Li, Jihoon Lee, Alexander Marrow, Sumeet Chatterjee, Stephen Coates, Alexander Smith Organizations: Credit Suisse, UBS, REUTERS, Rights, Reuters, Suisse, Western, Thomson Locations: Zurich Switzerland, Rights SHANGHAI, HONG KONG, South Korea, India, Swiss, Ireland, Saudi Arabia, Russia, Moscow, Ukraine, Bahrain, Dubai, Abu Dhabi, Japan, Thailand, Turkey, Shanghai, Hong Kong, London

☆ Queen Camilla, Brigitte Macron play table tennis amid state visit
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +4 min

There were light moments too, with Queen Camilla and President Emmanuel Macron's wife, Brigitte, trying their hand at table tennis as French youngsters looked on. Here's the latest:* Camilla also tried her hand at weaving at French luxury house Chanel's 19M workshop, with Brigitte Macron and Chanel CEO Leena Nair watching. * Queen Camilla and French President Emmanuel Macron's wife Brigitte played table tennis together at a sports centre outside of Paris - not that successfully. The royal couple and Brigitte Macron chatted with youngsters at the Saint-Denis sports centre. [1/9]Britain's Queen Camilla plays table tennis next to Britain's King Charles, Brigitte Macron, wife of French President Emmanuel Macron as they meet local youth sports associations in Saint-Denis near Paris, on the second day of their State visit to France, September 21, 2023.

Persons: King Charles, Queen Camilla, Emmanuel Macron's, Brigitte, Camilla, Brigitte Macron, Leena Nair, Charles, Germain, King Charles III ., Nasser Al, Khelaifi, Denis, Brigitte Macron chatted, Britain's King Charles, Emmanuel Macron, REUTER, Hannah McKay, Queen Elizabeth, France's, Macron, Dominique Vidalon, Ingrid Melander, Elizabeth Pineau, Michel Rose, Johnny Cotton, Michael Holden, Blandine, Sharon Singleton Organizations: French, Paris Saint, King Charles III . Club, Saint, Entente, Notre, Dame, Thomson Locations: Britain, France, Saint, Paris, British, Ukraine, entente, United Kingdom, Versailles

☆ UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. UBS' takeover of Credit Suisse, the biggest bank merger since the 2008 global financial crisis, was hastily arranged in March this year by Swiss authorities to avert Credit Suisse's collapse. More than 15 equity researchers were notified earlier this week about the layoffs in Hong Kong, the sources said, adding less than 10 researchers focusing on Hong Kong and China equities will join the UBS team. Credit Suisse did not respond to a Reuters request for comments. Both of them will bring some junior researchers from Credit Suisse, the sources added.

Persons: Denis Balibouse, Charles Zhou, China financials, Kenneth Fong, Zhou, Fong, Sergio Ermotti, Julie Zhu, Kane Wu, Selena Li, Summer Zhen, Sumeet Chatterjee, Bernadette Baum, Emelia Organizations: Credit Suisse, UBS, REUTERS, Credit, Suisse's Securities Research, Reuters, Monday, Asia, China Internet, Thomson Locations: Zurich Switzerland, HONG KONG, Hong Kong, China, Asia Pacific, Asia, Swiss

☆ Counting the cost of contagion fears from Africa coups
▼ + stars: | 2023-09-21 | by ( Libgeorge Marc Jones | Marc Jones | ) www.reuters.com time to read: +5 min

Gabon coup leader General Brice Oligui Nguema is sworn in as interim president during his swearing-in ceremony, in Libreville, Gabon, September 4, 2023. The putsch not only sent Gabon's bonds tumbling 10%, but also hit those issued by a number of other countries including neighbouring Cameroon, as jittery investors scanned for who might be next. The apparent coup trend is adding to other major concerns deterring many investors from Africa - a wave of debt crises, tense geopolitics and an extreme vulnerability to climate change. "Nearly all markets in that region are paying some price in terms of rising cost of debt," said Sergey Dergachev, portfolio manager at Union Investment. There have been scores of coups and attempted coups in recent decades including in Thailand, Ecuador, Egypt and Turkey.

Persons: General Brice Oligui Nguema, Stringer, Sergey Dergachev, Paul Biya, Macky Sall, Denis Sassou Nguesso, Eamon Aghdasi, Fitch, Moody's, Thailand's, Ravi Bhatia, Bongo, Simon Quijano, Evans, Libby George, Marc Jones, Karin Strohecker, Emelia Sithole Organizations: REUTERS, UNDP, Union Investment, Investors, Reuters, General Assembly, Burkina, P Global, Reuters Graphics, Monetary Fund, Central, CFA, Peace, Thomson Locations: Gabon, Libreville, Africa Mali, Guinea, Africa, Cameroon, Mali, Thailand, Ecuador, Egypt, Turkey, crackdowns, Senegal, Congo Republic, New York, Niger, Burkina Faso, Kenya

☆ King Charles makes historic speech at French senate
▼ + stars: | 2023-09-21 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +6 min

When his late mother, Queen Elizabeth II, visited in 2004, she made her speech from the adjoining Salle des Conferences. Queen Camilla plays table tennis during a visit to France's national stadium and venue for next year's Olympic Games. Hannah McKay/Pool/AFP/Getty ImagesQueen Camilla delivers a speech next to French President's wife Brigitte Macron at the national library in Paris. Queen Camilla and King Charles III are welcomed by French President Emmanuel Macron and Brigitte Macron to a state dinner in Versailles on September 20, 2023. Christian Liewig/Corbis/Getty ImagesBritain's King Charles with the French first lady Brigitte Macron at the Palace of Versailles, west of Paris, on Wednesday.

Persons: Paris CNN — King Charles III, ” Charles, Queen Camilla, Emmanuel Macron’s, Queen Elizabeth II, Charles, King ”, King –, “, ”, Russia’s, France's, Emmanuel Dunand, Brigitte Macron, Camilla, l’Entente, Denis, Hannah McKay, Bertrand Guay, Macron, Hugh Grant, Charlotte Gainsbourg, Emma Mackey, Mick Jagger, Arsene Wenger, French King Louis XIV, King Charles III, Emmanuel Macron, Christian Liewig, King Charles, Daniel Leal, Rishi Sunak’s Organizations: Paris CNN, Palais du, Rugby, National Assembly, Getty, Senate, Bibliotheque Nationale de, Notre Dame, Twitter, Mirrors Locations: France’s, France, Paris, Bordeaux, Salle, Ukraine, Europe, Palais du Luxembourg, United Kingdom, Bibliotheque Nationale de France, French, Franco, British, Saint, Paris ’, Notre, of Versailles, Versailles

Three producers listed in the customs data confirmed to Reuters they had shipped coal from the two regions to Turkey during that period. Reuters was unable to find any information in customs data about deliveries of coal produced in the DNR to Turkey or other countries in 2022. Customs data shows Nedra-06 made two shipments of coal to Turkey totalling 1,600 tonnes in May and June. The buyers were Belize-based Brig Management LTD and Green Rabbit LTD of Hong Kong, the customs data showed. Coal bought at Russian ports by Brig Management LTD and Green Rabbit LTD was taken to Turkey, the data showed.

Persons: Vitaliy Khotsenko, Adzhmal, Vostokugol, Anton Nadeyev, Nadeyev, I'm, Denis Karashchuk, Karashchuk, Filipp Lebedev, Gleb Stolyarov, Humeyra Pamuk, Tom Balmforth, Julia Payne, Jose Sanchez, Mike Collett, White, Daniel Flynn Organizations: NATO, Reuters, European, British Virgin Islands, Donetsk People's Republic, Russia's Ministry of Energy, Federal Customs Service, Luhansk People's Republics, European Union, United, Ukraine, U.S . State Department, UN, Assembly, Florance, Management, Hong, Brig Management, Rabbit, Belize Companies, Corporate Affairs, Green Rabbit, Coal, Toksabay, Thomson Locations: Ukraine, Turkey Ankara, Russia, Turkey, Donetsk, Luhansk, United States, European Union, Moscow . Washington, Moscow, Ankara, Ukrainian, Hong Kong, UAE, Belize, British Virgin, East, Africa, Russian, Rostov, Novorossiisk, Turkey . U.S, Antratsyt, Yasynuvata, Tbilisi, Washington, Kyiv, Brussels

[1/2] Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. UBS completed its takeover of Credit Suisse in June. UBS and Credit Suisse did not respond to Reuters request for comment. Spokespeople for central banks in South Korea, India, Ireland, and Saudi Arabia also did not immediately respond to Reuters request for comment. In the review document, UBS said "a single non-cooperative regulator can jeopardize the timeline of the parent bank merger and other transactions", impacting other related integration deals.

Persons: Denis Balibouse, Engen Tham, Selena Li, Sumeet Chatterjee, Stephen Coates Organizations: Credit Suisse, UBS, REUTERS, Rights, UBS Group AG, Reuters, Thomson Locations: Zurich Switzerland, Rights SHANGHAI, HONG KONG, South Korea, India, Ireland, Saudi Arabia, Swiss, Shanghai, Hong Kong

☆ Russia sent troops into battle armed with little more than shovels against Ukraine's cluster munitions, report says
▼ + stars: | 2023-09-19 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

A Russian soldier claimed that his regiment was being sent into hopeless fights, per independent media. His account suggests a desperate fight in the village of Andriivka, which Ukraine recently retook. AdvertisementAdvertisementLast Thursday, video appeared to show Ukrainian troops retaking Andriivka, which Russia quickly denied. AdvertisementAdvertisementWhen troops are sent in, there is barely any supporting fire from artillery because they have hardly any rounds, Ivanov told Svoboda. Vera, the wife, suggested that Russian troops had been ordered to fire on their compatriots if they retreated.

Persons: Bakhmut, Denis Ivanov, Svoboda, —, Vera —, Andriivka, Ivanov, Vera Organizations: Service, Andriivka, for, Associated Press Locations: Russian, Andriivka, Ukraine, Wall, Silicon, Bakhmut, Russia, Ukrainian

Three producers listed in the customs data confirmed to Reuters they had shipped coal from the two regions to Turkey during that period. Turkey, a major coal consumer and importer, is bucking the global trend by increasing coal's share in electricity generation. Customs data shows Nedra-06 made two shipments of coal to Turkey totalling 1,600 tonnes in May and June. The buyers were Belize-based Brig Management LTD and Green Rabbit LTD of Hong Kong, the customs data showed. Coal bought at Russian ports by Brig Management LTD and Green Rabbit LTD was taken to Turkey, the data showed.

☆ Lonza’s CEO churn adds to company’s ailments
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Denis Balibouse Acquire Licensing RightsLONDON, Sept 18 (Reuters Breakingviews) - Lonza’s (LONN.S) new broom will face even more challenges than its old one. Since he was appointed CEO in 2020, the Swiss group has increased capital expenditure as a percentage of revenue from 20% to 30% last year. Even before Monday’s fall, the stock was trading at 32 times its forward earnings, around the same level as before its pandemic surge. The disruption of another CEO exit, without a clear explanation, means that the hoped-for growth will take even longer to arrive. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Denis Balibouse, Pierre, Alain Ruffieux, Albert Baehny, Aimee Donnellan, Neil Unmack, Streisand Neto Organizations: REUTERS, Reuters, Swiss, X, Thomson Locations: Lonza, Visp, Switzerland, Swiss

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