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Sustainable funds market inflows halve as ESG falls out of favour

By Virginia Furness LONDON (Reuters) – Money flowing into global sustainable funds shrank by half in 2024 and in Europe closures of such funds outpaced new launches, as anti-ESG sentiment and subpar returns dulled the appeal of the investment strategy, Morningstar Sustainalytics said on Monday. The funds’ best quarter for inflows came at the end …

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NATO’s Rutte calls for raising defence spending above 2% of GDP

By Sergio Goncalves and Miguel Pereira LISBON (Reuters) -NATO Secretary General Mark Rutte urged member states of the alliance on Monday to step up defence spending beyond their common goal of 2% of national output set a decade ago, saying this was now too low because of new challenges. Rutte spoke in Lisbon alongside Portuguese …

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UK sanctions Belarusian officials and condemns ‘sham’ election

LONDON (Reuters) -Britain on Monday imposed sanctions targeting Belarusian officials and defence companies after joining Western governments in condemning what they called “sham” presidential elections in the country. The measures come after Belarusian leader Alexander Lukashenko was declared winner of a presidential election in the country, allowing the Russian ally to extend his 31-year rule. …

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Israeli air strike kills two militants in West Bank, Hamas says

RAMALLAH (Reuters) -An Israeli airstrike killed two Palestinian militants in the city of Tulkarm on Monday, Hamas said, underscoring Israel’s renewed focus on armed groups in the occupied West Bank since the start of the ceasefire in Gaza. Hamas, the Palestinian militant group that controls Gaza, said the two killed on Monday were members of …

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Russia’s Ryzan oil refinery halts operations after drone strikes, sources say

MOSCOW (Reuters) – Russia’s Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday. They said oil storage at the refinery had been set ablaze. Among damaged equipment were a railway loading rack and a hydrotreater unit used to remove impurities from refined …

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Families of Israeli hostages join commemorations at Auschwitz

By Kuba Stezycki OSWIECIM, Poland (Reuters) – Families of Israelis held hostage by Hamas called on Monday for remembrance, rejection of antisemitism and the release of their loved ones ahead of the commemoration of the liberation of the Nazi German Auschwitz-Birkenau death camp in 1945. Auschwitz survivors were being joined by world leaders to mark …

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Iran’s Revolutionary Guards commander says Iran purchased Russian-made Sukhoi 35 fighter jets

DUBAI (Reuters) -Iran has purchased Russian-made Sukhoi-35 fighter jets, a senior Revolutionary Guards commander said on Monday, amid Western concerns about Tehran and Moscow’s growing military cooperation. This is the first time an Iranian official has confirmed the purchase of Su-35 jets. However, Ali Shadmani, who was quoted by the Student News Network, did not …

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British sailor lost at sea as heavy storms hit western France

PARIS (Reuters) – A British sailor was lost at sea after his yacht was found wrecked off the southwest French coast amid heavy storms over the weekend, French maritime authorities said. The search for the 73-year-old came as Storm Herminia battered western France. France’s national weather agency on Monday placed the Ile-et-Vilaine department, in western …

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Gaza hostages were held in tunnels for months, Israeli medical officer says

By Maayan Lubell JERUSALEM (Reuters) – Some of the hostages released from Gaza so far during the ceasefire had been held in Hamas tunnels for up to eight months straight, deprived of daylight and with little to no human contact, an Israeli general said on Monday. Three Israeli civilians and four soldiers – all women …

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Ukraine’s air force says it downed 57 Russian drones launched overnight, infrastructure hit

KYIV (Reuters) -Ukrainian air defences downed 57 out of 104 drones launched by Russia overnight, the air force said on Monday, with officials saying infrastructure was hit in several regions. The air force said that 39 drones were “lost”, in reference to Ukraine’s use of electronic warfare to redirect Russian drones. The military said Dnipropetrovsk, …

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