By Emma Rumney
LONDON (Reuters) -Diageo's new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear communication, in contrast to his predecessor who struggled to win over the company's shareholders during her short term.
But whoever takes on the full-time leadership of the world's top spirits maker will inherit challenges that will take more than words to address.
Diageo announced Debra Crew was... (continue reading...)
By Daria Sito-Sucic
SARAJEVO (Reuters) -Bosnia's peace envoy issued a ruling on Thursday to clear a long-standing state debt that has blocked the 2025 budget and deepened a political crisis, but Serb politicians rejected his move, raising the prospect of more turmoil.
Envoy Christian Schmidt, using his powers to intervene in laws and finance, ruled that debt would be paid out of the autonomous Serb Republic's share of road tolls, and said his... (continue reading...)
JERUSALEM (Reuters) -Israeli authorities have charged a soldier with spying for Iran in exchange for money, the police and security agency Shin Bet said in a statement on Thursday.
The statement said the soldier, who was not named, had sent the Iranians videos of Israeli missile interceptions and sites hit by Iranian rocket fire in last month's 12-day war between the arch enemies.
The security service said he had not sent material collected... (continue reading...)
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission and Elon Musk have again agreed to give the billionaire more time to respond to the regulator's civil lawsuit accusing him of waiting too long in 2022 to reveal his large stake in Twitter.
In a filing in federal court in Washington, D.C., the SEC and Musk said they have agreed to give Musk until August 29, 2025, to answer or otherwise respond to the lawsuit. He was due to respond by July 18.
... (continue reading...)MOSCOW (Reuters) -A senior Russian Defence Ministry official was sentenced to six years in prison on Thursday after being found guilty of fraud and forgery in relation to an embezzlement scheme at a military theme park, the RIA state news agency reported.
Major General Vladimir Shesterov was detained last August for his role in the scheme at the Patriot Park, a war-themed tourist attraction outside Moscow. Two other men, including Pavel Popov, a former... (continue reading...)
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