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In Japan, energy security fears put nuclear back in favour for 2040 plan Jun 4, 2024 03:03AM

By Yuka Obayashi and Katya Golubkova

TOKYO (Reuters) - Japan is set to push for more nuclear power in an energy policy update due next year, seeking stable electricity supply in face of growing demand and heightening geopolitical risks, but is likely to struggle to meet its targets, industry experts say.

The country slashed reliance on nuclear power after the Fukushima disaster in 2011 and increased use of fossil fuels to generate 70% of... (continue reading...)


Olympics-French apathy and cost concerns dampen mayors' bid to stoke Games fervour Jun 4, 2024 02:36AM

By Elizabeth Pineau

LA BAULE-ESCOUBLAC, France (Reuters) - When a group of mayors paid tens of thousands of euros each to bring the Olympic torch to their towns along France's Atlantic coast, a row erupted over whether the cost represented value for money at a time when public spending is under pressure.

Franck Louvrier, the conservative mayor of La Baule-Escoublac, a well-heeled coastal resort in the western Loire Atlantique department... (continue reading...)


Israel says more than a third of Gaza hostages are dead Jun 4, 2024 02:34AM

JERUSALEM (Reuters) - Israel believes that more than a third of the remaining Gaza hostages are dead, a government tally showed on Tuesday, as the United States sought to advance their recovery under a proposal to wind down the war with Hamas.

Of about 250 people dragged into the Gaza Strip by Hamas-led Palestinian gunmen during the Oct. 7 cross-border rampage that sparked the war, scores were freed in a November truce, while others have been recovered... (continue reading...)


German army to boost Rheinmetall artillery shell order by 200,000, document shows Jun 4, 2024 02:10AM

BERLIN (Reuters) -The German army intends to order 200,000 more artillery shells from armsmaker Rheinmetall than it had planned, a letter seen by Reuters on Tuesday from the Defence Ministry to parliament's budget committee.

The army plans to get 200,000 additional 155mm artillery shells worth about 880 million euros ($960 million) within its framework agreement with the defence firm, the letter said. It had already agreed to a 1.2 billion euro deal for... (continue reading...)


Deutsche Bank ties up with Bitpanda in 'cautious' crypto shift Jun 4, 2024 02:05AM

(Corrects to show Bitpanda is a broker (not an exchange), in paragraphs 1 and 12)

By Elizabeth Howcroft

AMSTERDAM (Reuters) - Deutsche Bank will work with Bitpanda to process customer deposits and withdrawals for the Austrian crypto broker, the companies told Reuters.

The crypto industry has previously struggled to find banking partners, particularly after the 2023 collapse of Silvergate Capital Corp, Signature Bank and... (continue reading...)


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