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UK’s Southern Water in talks with creditors to avoid debt crisis, Bloomberg News reports

(Reuters) – UK’s Southern Water has entered into talks with creditors to reshape its capital structure and avoid debt woes similar to Thames Water, Bloomberg News reported on Wednesday citing people familiar with the matter. The parties are discussing how to accommodate a 900 million pound ($1.16 billion) equity injection and what other tweaks may …

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Zelenskiy hails ‘positive movement’ in relations with US

KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Wednesday there had been “positive movement” in cooperation with the United States that could lead to another meeting between the two sides soon. Kyiv is eager to repair ties with its top military supporter against Russia’s invasion after Zelenskiy publicly clashed with U.S. President Donald Trump …

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German business support spending push but call for regulatory reforms

By Riham Alkousaa and Rene Wagner BERLIN (Reuters) -Germany’s business lobbies praised plans to relax fiscal rules for defence spending and introduce a 500 billion-euro ($535 billion) infrastructure fund, but said on Wednesday that regulatory reforms remain essential for driving economic growth. The parties hoping to form Germany’s next government agreed on Tuesday to create …

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Britain, France refine Ukraine peace plan with new Washington trip in mind

By John Irish PARIS (Reuters) – France and Britain are aiming to finalise with Ukraine, possibly “in days”, a peace plan to present to the United States, while building bridges between the U.S. and Ukraine before possible talks in Washington, diplomats said. President Emmanuel Macron and Prime Minister Keir Starmer have held several calls, separately, …

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Red Cross says Azerbaijan ordered it to leave the country

(Reuters) – The government of Azerbaijan has told the local office of the International Committee of the Red Cross that it will close its operations there, a spokesperson for the Geneva-based organisation said on Wednesday. “We have been made aware of the Azerbaijani government’s intentions for the ICRC to close our delegation in Azerbaijan,” spokesperson …

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Prosecutors allege network of corruption in Milan planning probe

By Emilio Parodi MILAN (Reuters) – Prosecutors on Wednesday arrested a former senior manager of Milan’s urban planning sector, alleging that a network of corruption was at the root of the dozens of investigations that led to a construction stalemate in Italy’s financial capital. Giovanni Oggioni, 68, an architect who until two months ago headed …

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NATO armies unprepared for drone wars, Ukraine commander warns

By Max Hunder (Reuters) – NATO armed forces are not ready for a modern drone war, the military commander in charge of Ukraine’s unmanned systems warned, three years into a conflict with Russia in which both sides are pushing for a technological edge. Kyiv is striving to stay ahead of the enemy, employing artificial intelligence, …

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Romania declares Russian military attache, deputy personae non grata

BUCHAREST (Reuters) -Romania declared the Russian embassy’s military attache and his deputy personae non grata on Wednesday for what it said were acts contravening diplomatic rules, a move Russia said it would respond to. The step is the latest sign of tension between Bucharest and Moscow over the war in Ukraine and allegations of electoral …

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Britain, France and Germany urge Israel to abide by obligations on Gaza aid access

BERLIN (Reuters) – Israel must meet international obligations regarding the provision of humanitarian aid for the people of Gaza, the foreign ministers of Britain, France and Germany said in a joint statement on Wednesday. “We call on the government of Israel to abide by its international obligations to ensure full, rapid, safe and unhindered provision …

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Greenland PM rebuffs Trump: We do not want to be Americans

COPENHAGEN (Reuters) -Greenland’s Prime Minister Mute Egede said on Wednesday that the Greenlandic people will determine their own future and do not want to be Danes nor Americans. Egede made his comments in reaction to U.S. President Donald Trump, who on Tuesday reiterated his desire to make Greenland, currently a semi-autonomous territory of the kingdom …

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