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By Kanishka Singh WASHINGTON (Reuters) – Radio Free Europe/Radio Liberty – the U.S.-funded news outlet set up to reach people under Communism during the Cold War – said on Tuesday it sued the administration of President Donald Trump to block the termination of the media outlet’s federal grant. WHY IT’S IMPORTANT The U.S. Agency for …

Radio Free Europe sues Trump administration over grant termination Read More »

(Reuters) – Mining major Rio Tinto on Wednesday backed its dual-listed structure and asked shareholders to vote against London-based hedge fund Palliser Capital’s resolution to review the firm’s two listings in London and Sydney. The world’s largest iron-ore miner said it had already conducted a robust and comprehensive review of the structure and had engaged …

Rio Tinto backs dual-listed structure, asks shareholders to reject Pallister’s bid Read More »

By Nick Carey LONDON (Reuters) – Chinese EV maker Leapmotor has started selling two electric vehicle models at Stellantis dealerships in Britain via its joint venture with the world’s No. 4 automaker, it said on Wednesday.  Leapmotor has launched sales of the T03 compact electric car and the C10, a large electric SUV, with the …

Leapmotor launches UK sales with two EV models Read More »

DUBLIN (Reuters) – Ireland’s economy is set to grow a little slower this year due to an “unprecedented” rise in global risks that may have a much larger impact on the foreign multinational-focused economy if they materialise, the country’s central bank said on Wednesday. Ireland is among the countries most exposed to sharp policy changes …

Irish central bank trims growth forecasts, cites ‘unprecedented’ Trump threat Read More »

By Nick Carey LONDON (Reuters) – Bentley on Wednesday posted its lowest annual revenue since the COVID pandemic struck in 2020 as the British luxury automaker faced a tough global market in 2024, but said it was pursuing “value over volume” with revenue per car up 10% versus 2023. The Volkswagen unit reported an operating …

In tough global market, Bentley posts lowest revenue since 2020 Read More »

By Tatiana Bautzer NEW YORK (Reuters) – Citigroup paid top executives smaller bonuses last year tied to results of the bank’s turnaround and risk management fixes required by regulators, the bank’s proxy filing on Tuesday showed. The bonuses went to executive management committee members and 250 senior managers considered critical to execute changes required in …

Citigroup reduces bonuses paid in 2024 for regulatory fixes Read More »