PRAGUE (Reuters) – The Czech Republic, battling the world’s worst surge in COVID-19 infections, deployed more police officers and soldiers on Monday to help enforce new lockdown measures that seek to confine people mostly to their home districts.FILE PHOTO: A man wearing a face mask cleans the empty Charles Bridge as the Czech government mandated further restrictions to curb the […]

London (CNN Business)US private equity giant KKR wants to take the owner of Business Insider private in a deal that values the European publishing company at nearly $8 billion. KKR (KKR) on Wednesday offered investors in Axel Springer €63 ($71.40) per share in a deal that has support from the company’s largest shareholder, Friede Springer, and CEO Mathias Döpfner. The […]

FILE PHOTO: A medical specialist holds a vial of Sputnik V vaccine against the coronavirus in a department store in Moscow, Russia, January 18, 2021 REUTERS/Shamil ZhumatovPRAGUE (Reuters) – Slovakia is buying 2 million Sputnik V vaccines from Russia and expects half to arrive this month and next as it looks to step up vaccinations amid a surge in COVID-19 […]

PARIS (Reuters) – France’s former President Nicolas Sarkozy was found guilty of corruption on Monday and sentenced to three years in prison, a stunning fall from grace for a man who led his country and bestrode the world stage for five years.Former French President Nicolas Sarkozy, wearing a protective face mask, arrives for the verdict in his trial on charges […]

FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017. REUTERS/Brian SnyderWASHINGTON (Reuters) – The coronavirus pandemic laid bare a number of weaknesses in the financial system that should be addressed with new rules to prepare for the next shock, Fed Governor Lael […]

NEW DELHI Reuters) – India’s finance ministry is considering cutting excise duties on petrol and diesel to cushion the impact of record high domestic prices, three government officials close to the discussions said.FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis MascarenhasA doubling in the […]

ZURICH/LONDON (Reuters) – The asset management arm of Zurich-based Credit Suisse said on Monday it has suspended redemptions from its $10 billion supply chain finance funds over concerns about the value of the funds’ investments.FILE PHOTO: A logo of Credit Suisse is pictured on a building in Geneva, Switzerland, November 8, 2017. REUTERS/Denis BalibouseIn a note to investors, Credit Suisse […]

(Reuters) – For Jonny Coreson, $4 billion is worth $5 billion.FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoThe 32-year-old test prep business owner from Denver invested $100,000 in shares of veteran hedge fund manager Bill Ackman’s special purpose acquisition company (SPAC), Pershing Square Tontine […]