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EU countries to add 10 new individuals and entities to Iran sanctions - sources May 22, 2024 12:10PM

BRUSSELS (Reuters) - EU countries have agreed to add 10 new individuals and entities to the Iran sanctions list, sources with knowledge of the matter told Reuters on Wednesday on condition of anonymity.

One of the sources said the move is related to Iran's support of armed proxies in the Middle East and the Red Sea region as well as the country's military support for Russia.

European Union leaders previously agreed to step up sanctions... (continue reading...)


Bristol Myers, Sanofi liability in Hawaii Plavix case grows to $916 million May 22, 2024 12:06PM

By Brendan Pierson

(Reuters) - A judge in Hawaii on Tuesday ordered Bristol Myers Squibb and Sanofi to pay more than $916 million to the state for failing to warn non-white patients of health risks from its blood thinner Plavix, up from an earlier judgment of $834 million.

The ruling from Judge James Ashford, of Hawaii's First Circuit Court, follows a non-jury trial held last fall. It was the second trial in the case, after the state's... (continue reading...)


Russian drone hits police car on Kharkiv evacuation trip, Ukraine says May 22, 2024 12:01PM

(Reuters) - A Russian drone dropped explosives on a police car that was on its way to evacuate civilians in a border town in Ukraine's northeastern Kharkiv region, killing one officer, the interior minister said on Wednesday.

A video posted by the minister on Telegram that was filmed from a second police car showed an explosive device detonating on a moving vehicle in Vovchansk and a cloud of grey thick smoke.

"The invaders hit an... (continue reading...)


SocGen CEO: cross-border mergers between European banks are structurally unlikely May 22, 2024 11:59AM

By Mathieu Rosemain

PARIS (Reuters) - Cross-border mergers between European banks are structurally unlikely, Societe Generale CEO Slawomir Krupa said on Wednesday, a week after French President Emmanuel Macron called for greater consolidation in the sector.

"In Europe today, they are extraordinarily unlikely for a number of reasons, the first of which is regulatory: there are significant capital surcharges linked to the size of banking... (continue reading...)


Arab and EU ministers to discuss Gaza war, peace efforts May 22, 2024 11:55AM

BRUSSELS (Reuters) - Ministers from Arab states will meet with European Union counterparts in Brussels on Monday to try to forge a common path on ending the war in Gaza and build lasting peace, a senior EU official said.

Representatives from Saudi Arabia, Egypt, Jordan, Qatar and the United Arab Emirates will join a regular meeting of foreign ministers from the 27-member EU, said Sven Koopmans, the EU's special representative for the Middle East peace... (continue reading...)


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