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LONDON (Reuters) -Italy's government and UniCredit are preparing to call off negotiations over the sale of ailing bank Monte dei Paschi (MPS) after efforts to reach an agreement over a costly recapitalisation plan failed, two sources told Reuters. Italy has long seen a merger with a stronger peer as the best solution for the Tuscan bank, which has plans to raise 2.5 billion euros ($2.9 billion) in capital next year. But the sources said the terms of a potential sale agreed by UniCredit and Italy's Treasury when they entered exclusive negotiations on July 29 have made the merger plan too costly an alternative to a stand-alone recapitalisation.
News bulletin 2021/10/22 20:44View on euronews
Cinematographer Halyna Hutchins was killed on a movie set in Sante Fe, N.M., after actor Alec Baldwin fired a prop gun, according to Sante Fe police.HALYNAHUTCHINS| INSTAGRAM
MEXICO CITY (AP) — A San Jose, California woman born in India was one of two foreign tourists killed in the apparent crossfire of a drug-gang shootout in Mexico’s Caribbean coast resort of Tulum. Authorities in Quintana Roo, the state where Tulum, Playa del Carmen and Cancun are located, said one of the dead women was Anjali Ryot. An Instagram account under the same name showed a post of Ryot lounging and smiling on a seaside pier in Tulum two days ago. It listed her as a travel blogger from Him
Highlights of this day in history: Suicide blast kills U.S. Marines and sailors in Lebanon; Students in Hungary spark Cold War revolt; President Richard Nixon agrees to turn over White House tapes; 'Tonight Show' host Johnny Carson born. (Oct. 23)
A man has died from injuries he sustained earlier this week after being hit by a vehicle in the southeastern edge of the city, Edmonton police say. Shortly before 11:30 p.m. Wednesday, a man was picking up items that had fallen from his truck onto the roadway when he was struck by a vehicle, police say. The vehicle, driven by a 60-year-old man, was travelling north on 34th Street SW, near 28th Avenue SW, when it struck the man. The 41-year-old victim was treated and sent to hospital with serious
The number of COVID-19 cases went up by 11 in Behchokǫ and 11 in Hay River and K'atl'odeeche First Nation on Friday, but they went down in Yellowknife, Dettah and Ndilǫ. The N.W.T.'s Office of the Chief Public Health Officer (OCPHO) reported there are now 111 cases across Yellowknife, Dettah and Ndilǫ, 14 less than there were Thursday. In Behchokǫ, the case count rose to 77 from 66 yesterday, and in Hay River and K'atl'odeeche First Nation, the count now stands at 50, compared to 39 yesterday.
Canada's employment minister says workers who lose their jobs because they defy their employers' vaccine mandates will probably not be able to collect Employment Insurance benefits. John Hua reports.
Turkish President Recep Tayyip Erdogan said Saturday that he had ordered 10 foreign ambassadors who called for the release of a jailed philanthropist to be declared persona non grata, including Canada's Jamal Khokhar. The envoys, including the U.S., French and German representatives in Ankara, issued a statement earlier this week calling for a resolution to the case of Osman Kavala, a businessman and philanthropist held in prison since 2017 despite not having been convicted of a crime. "The cont
Bridgitte Anderson with the Greater Vancouver Board of Trade weighs in on the federal government's plan to implement a vaccine passport for international travel, and their new pandemic support programs.
Calgary's mayor-elect, Jyoti Gondek, won the most votes in all 14 of the city's electoral wards, according to official results of the municipal election released Friday afternoon. The final count gave Gondek 176,344 votes and 45 per cent of the vote share, in total. Second-place finisher Jeromy Farkas earned 116,698 votes, or 30 per cent of the total. Jeff Davison finished third with 50,654 votes, or 13 per cent of the total. Of the ballots cast on election day, Gondek won the most votes in ever
Safety standards developed by film studios and labor unions are the primary protection for actors and film crews when a scene calls for using prop guns. The industry-wide guidance is clear: “Blanks can kill. Treat all firearms as if they are loaded.” Shootings nevertheless have killed and injured people while cameras rolled, including the cinematographer who died and the director who was wounded this week when no one realized a prop gun fired by actor Alec Baldwin during the filming of “Rust” ca
SOUTHAMPTON, England (AP) — Maxwel Cornet scored twice for Burnley to salvage a point in a 2-2 draw at Southampton in the Premier League on Saturday. The Ivory Coast winger scored early at St. Mary's on a header and equalized with a dipping half-volley in the 57th minute after teenager Tino Livramento and 20-year-old Armando Broja netted for Southampton. Burnley's fourth draw of the season keeps it in the relegation zone with fellow winless clubs Newcastle and Norwich after nine games. Cornet, s
WASHINGTON (AP) — A congressional ethics watchdog has concluded there is “substantial reason to believe” that the wife of Pennsylvania Rep. Mike Kelly used nonpublic information gained through her husband's position in Congress to purchase stock last year, a likely violation of federal law and House rules. A report from the Office of Congressional Ethics released late Thursday detailed the April 2020 purchase of stock in an Ohio steelmaker. The company had threatened to shut down a plant in Kell
THREE RIVERS, Calif. (AP) — In the wake of California wildfires, upwards of 10,000 trees weakened by fires, drought, disease or age must be removed, work that will keep a nearby highway closed to visitors who seek the world’s two largest sequoia trees. The hazard trees could potentially fall onto people and cars on the section of State Route 180 known as Generals Highway, or they could create barriers for emergency and fire response, the Sequoia and Kings Canyon national parks said Friday. The h
P.E.I.'s mobile mental health response service is now active, the province's health minister announced Friday. Ernie Hudson said two of the planned three units are now operational, based in Summerside and Charlottetown, and they have responded to eight calls across the province since Monday. A third unit based in Kings County is to join them later. The province originally announced it was developing the service with federal funding in 2018. In January 2021, Health PEI said it was preparing to la
Nearly 150 staff members at Sick Kids Hospital have been placed on unpaid leave for not providing proof that they are fully vaccinated. Erica Vella reports.
The Canadian Coast Guard and the Joint Rescue Coordination Centre (JRCC) in B.C. are evacuating crew members of a vessel off Victoria that lost 40 of its shipping containers Friday, after reports of a fire on board Saturday morning. The coast guard said it received a report at around 11 a.m. PT Saturday of a fire on two damaged containers that were still on the ship Zim Kingston, which was bound for Vancouver. Six containers are ablaze in total, the coast guard said, with the fire still burning
The Liberal government says several existing pandemic support programs for individuals and businesses will end Saturday, while billions of dollars will be spent transitioning to new 'targeted measures' leading into the spring.
IQALUIT, Nunavut — The federal government has approved a request for the Canadian Armed Forces to help with the water emergency in Nunavut's capital. Prime Minister Justin Trudeau says in a tweet that the government will deploy the military to Iqaluit to co-ordinate and deliver clean drinking water. The city's 8,000 residents haven't been able to consume tap water for 11 days, since it was discovered to contain fuel. The city says it's still in the process of flushing the contaminated water from