13 June

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Britain wants to ease tensions with EU over N.Ireland, says Raab By Reuters

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CARBIS BAY, England (Reuters) - Britain wants to ease tensions with the European Union over trade with Northern Ireland, British foreign minister Dominic Raab said on Sunday, repeating a warning that the bloc had to realise the province was part of the United Kingdom. "We want tensions eased, we want a flexible, pragmatic approach. What we cannot have is both the Northern Ireland protocol being applied in a very lopsided way or the Good Friday Agreement being undermined as a result of it," he told Sky News at a G7 meeting in southwestern England. ...

13 June

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G7 agrees 1 billion COVID vaccine donation – communique By Reuters

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CARBIS BAY, England (Reuters) - Group of Seven countries will provide 1 billion COVID-19 vaccine doses over the next year and work with the private sector, the G20 and other countries to increase the contribution over months to come, according to an almost finalised draft of the communique. "The commitments since we last met in February 2021 including here in Carbis Bay provide for 1 billion doses over the next year," said the communique, seen by Reuters. "We will work together with the private sector, the G20 and other countries to increase this contribution over the...

13 June

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Exclusive: Washington Prime to file bankruptcy as soon as this week – sources By Reuters

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By Mike Spector NEW YORK (Reuters) - Mall owner Washington Prime Group Inc is preparing to seek bankruptcy protection as soon as this week after the COVID-19 pandemic forced it to temporarily close some of its roughly 100 shopping centers across the United States and businesses were unable to pay it rent, people familiar with the matter said. The Columbus, Ohio-based company, formed in 2014 following a spin-off from mall giant Simon Property Group Inc (NYSE:SPG), owns properties that include open-air town centers and enclosed malls, with roughly a third concentrated in the Midwest. Its tenants...

13 June

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Exclusive-Toshiba’s No.2 shareholder calls for immediate resignation of board chair, 3 directors By Reuters

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By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp's second-biggest shareholder on Sunday demanded the board chairman and three other directors immediately resign after an investigation found the company had colluded with the Japanese government to pressure foreign investors. The letter, seen by Reuters, is from 3D Investment Partners, which owns a 7.2% stake in Toshiba. It was sent to the four on Sunday, according to people with direct knowledge of the process. It is likely to heighten scrutiny into governance at Toshiba, a renowned industrial conglomerate in crisis sparked by Thursday's report. The shareholder-commissioned report marked an...

13 June

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G7 leaders commit to increasing climate finance contributions By Reuters

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CARBIS BAY, England (Reuters) - G7 leaders will commit on Sunday to increase their climate finance contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming. As part of plans billed as helping speed the finance of infrastructure projects in developing countries and a shift to renewable and sustainable technology, the world's seven most advanced economies will again pledge to meet the target. Some green groups were unimpressed, with Greenpeace UK saying the G7 host, British Prime Minister Boris Johnson, had "simply...

12 June

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German Green leader wants new policy to aid industry in CO2 reduction By Reuters

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FRANKFURT (Reuters) - The German Green Party will seek to support the country's industry on its road to cutting carbon emissions by ensuring the state helps meet any additional costs companies incur, its leader Annalena Baerbock said on Saturday. On the second day of a party conference to approve the party's election programme, Baerbock said industry in Europe's leading economy would receive binding assurances on the support on offer. "We are proposing a new deal to German industry. Instead of hindering progress and fending it off, I want to make it possible," she said. Germany...

12 June

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Head of WTO says she hopes there will be no UK-EU trade war By Reuters

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(Reuters) - The head of the World Trade Organization said on Saturday she hoped that post-Brexit tensions between Britain and the European Union would not escalate into a trade war. "I would really, really hope that a UK-EU trade war will not take place," WTO Director-General Ngozi Okonjo-Iweala said in response to a question when speaking to reporters covering a Group of Seven leaders' summit in southwestern England. "With all the opportunities there are too for dialogue, I would be a little surprised if we ended up with a UK-EU trade war," she said....

12 June

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Johnson called for compromise on N.Ireland in EU meetings-spokesman By Reuters

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CARBIS BAY, England (Reuters) - British Prime Minister Boris Johnson urged his European counterparts to show compromise over Northern Ireland trade so a solution can be found quickly, his spokesman said on Saturday after a series of G7 meetings. The spokesman said Johnson had expressed his desire for progress and compromise on all sides on Northern Ireland so they can protect the peace agreement. Johnson had earlier met the leaders of France, Germany and the European Union. ...

12 June

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Irish regional airline Stobart Air ceases trading By Reuters

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DUBLIN (Reuters) - Irish airline Stobart Air, which provided regional services in Ireland and Britain under the Aer Lingus Regional brand, has ceased trading and is in the process of appointing a liquidator, its owner said on Saturday. Aer Lingus said in a statement that all Aer Lingus Regional flights operated by Stobart Air, including routes to Edinburgh, Manchester and Belfast, had been cancelled. Before the COVID-19 pandemic grounded much of its fleet of 13 turboprop planes, Stobart operated around 900 flights per week across 30 routes in Ireland, the United Kingdom and Western Europe, most...

12 June

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Proxy adviser ISS recommends voting against Toshiba board chairman, 4 others By Reuters

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TOKYO (Reuters) - Toshiba Corp shareholders should vote against the re-appointment of board chairman Osamu Nagayama and four other directors, proxy advisory firm ISS recommended on Saturday. The recommendation by Institutional Shareholder Services Inc (ISS) follows an explosive shareholder-commissioned investigation that accused Toshiba and the government of colluding to pressure foreign investors. ...

Меню

Britain wants to ease tensions with EU over N.Ireland, says Raab By Reuters

G7 agrees 1 billion COVID vaccine donation – communique By Reuters

Exclusive: Washington Prime to file bankruptcy as soon as this week – sources By Reuters

Exclusive-Toshiba’s No.2 shareholder calls for immediate resignation of board chair, 3 directors By Reuters

G7 leaders commit to increasing climate finance contributions By Reuters

German Green leader wants new policy to aid industry in CO2 reduction By Reuters

Head of WTO says she hopes there will be no UK-EU trade war By Reuters

Johnson called for compromise on N.Ireland in EU meetings-spokesman By Reuters

Irish regional airline Stobart Air ceases trading By Reuters

Proxy adviser ISS recommends voting against Toshiba board chairman, 4 others By Reuters

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