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US imposes sanctions after aborted sale of Russian tycoon stake

WASHINGTON/FRANKFURT (Reuters) -The U.S. Treasury has sanctioned a web of Russian companies it said were used to disguise ownership of a $1.6 billion industrial stake controlled by a Russian tycoon, warning Western companies to steer clear of such deals. The step concerns a recently aborted bid by Austria’s Raiffeisen Bank International (RBI) to buy a …

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Portugal to build new airport across the river from Lisbon

LISBON (Reuters) – Portugal will build a new international airport in the municipality of Alcochete, across the River Tagus from Lisbon, Prime Minister Luis Montenegro announced on Tuesday after decades of back-and-forth over the location. The new airport will be built at the site of a military airfield in Alcochete, about 40 km (25 miles) …

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Israeli tanks push deeper into Rafah, battles rage in northern Gaza

By Nidal al-Mughrabi CAIRO (Reuters) -Israeli tanks pushed deeper into eastern Rafah on Tuesday, reaching some residential districts of the southern Gazan border city where more than a million people had been sheltering and stoking fears of further civilian casualties. Israel’s international allies and aid groups have repeatedly warned against a ground incursion into refugee-packed …

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Protesters shut down major intersection in Georgian capital after foreign agent law advances

TBILISI (Reuters) – Thousands of protesters shut down a major intersection in the Georgian capital on Tuesday after parliament passed in third reading a law denounced by the opposition and Western countries as authoritarian. Reuters witnesses saw demonstrators converge on Heroes Square, an intersection controlling traffic between different neighbourhoods and close it down. (Reporting by …

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Talks over Gaza ceasefire at stalemate after Rafah operation, Qatar PM says

DOHA (Reuters) -Talks over a ceasefire in Gaza have reached a stalemate due to Israel’s operations in the southern border city of Rafah, Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani said on Tuesday. Israeli operations in Rafah, which started this month, have closed a main crossing point for aid from the border with Egypt, …

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EU finalises investment fund labels to combat greenwashing

By Huw Jones LONDON (Reuters) – The European Union’s securities watchdog confirmed on Tuesday final guidelines on when investment funds can label themselves as being ‘sustainable’ without being accused of greenwashing. Trillions of dollars globally have flowed into investments that promote their green attractions, but regulators say that some funds exaggerate sustainability claims. The European …

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