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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.
Edward Rogers is out as chair of Rogers Communications, the company his father Ted founded, after a failed attempt to oust its chief executive officer. Rogers was replaced as chair of the board by independent director John A. MacDonald.
ALBUQUERQUE, N.M. (Reuters) -The crew was setting up a difficult shot during filming on the New Mexico set of "Rust", and the movie's cinematographer, Halyna Hutchins, wasn't quite satisfied. She turned to Lane Luper, a member of the camera crew, who suggested some adjustments that she found worked perfectly. "Her photography was beautiful, and every day, everybody on the camera team was proud to be there for her, because we were proud of what we were creating – what she was creating," he told the crowd, two days after Hutchins was killed in an accident when actor Alec Baldwin fired a prop gun on set.
MALUALKON, South Sudan (AP) — He feels like a man who has drowned. The worst flooding that parts of South Sudan have seen in 60 years now surrounds his home of mud and grass. His field of sorghum, which fed his family, is under water. Surrounding mud dykes have collapsed. Other people have fled. Only Yel Aguer Deng’s family and a few neighbors remain. This is the third straight year of extreme flooding in South Sudan, further imperiling livelihoods of many of the 11 million people in the world’s
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
News bulletin 2021/10/22 20:44View on euronews
FALLS CHURCH, Va. (AP) — The two women seeking the lieutenant governor's office in Virginia next month are fond of touting their unconventional political backgrounds. One thing is certain: Whichever one wins will be making history. Either candidate would be the first woman as well as the first woman of color to serve in a post that frequently serves as a launching pad to the governor’s mansion. Half of the past 10 lieutenant governors went on to become governor. The two will compete for votes on
As COVID-19 case numbers rise and more Saskatchewan children contract the illness, schools are scrambling to keep their students safe. At a recent physicians' town hall, doctors from the Saskatchewan Health Authority confirmed there were 17 children in the province hospitalized with COVID-19 — the highest number at any point in the pandemic so far — with the vast majority too young to be vaccinated. Many were under the age of five. Saskatchewan NDP education critic Carla Beck called the statisti
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.
NEWPORT NEWS, Va. (AP) — Terry McAuliffe is a blur of handshakes, hugs, backslaps and smiles as he glides through the friendly crowd at Gethsemane Baptist Church seeking help from above. For the former Virginia governor running again for his old job, it's not necessarily God's grace he's after at this moment. He's seeking assistance from another higher power a few hours north in Washington, where McAuliffe's longtime friends in Congress are struggling to pass an infrastructure package that could
OTTAWA — Some Kabul safe houses, where hundreds of Afghans who helped the Canadian military and non-governmental organizations are waiting to flee to Canada, are set to be closed in two weeks because of lack of funding. An organization running the safe houses, where around 1,700 people with approval to come to Canada are being housed and fed, say that "time has run out" for them. Without government support, some will have to close because they do not have the cash to keep all of them open. The s
University of Northern British Columbia (UNBC) alumnus Trevor Angus could not be more proud the logo he designed will soon appear on the jerseys of his alma mater's sports teams. On Wednesday, the Prince George-based university unveiled the Gitxsan artist's rendition of the Timberwolves logo, which features a Gitxsan wolf, on the uniforms of its soccer and basketball teams. Angus's design of the soccer team's uniform will debut this Saturday in a game against the visiting Thompson Rivers WolfPac
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.
VICTORIA — British Columbia's Education Ministry has released new guidelines to help school boards with COVID-19 vaccination policies, leaving any final decisions up to the respective boards. The ministry says the guidelines, which include gathering data and consultation with First Nations and employee groups, will help school boards encourage vaccination in their communities and to determine if a mandatory vaccination policy works best for them. The ministry says it will also work with schools,
What is the “delta plus” variant? It’s a relative of the delta variant, identified by British scientists last month. Because it isn't a variant of interest or concern, it has not yet been officially named after a letter of the Greek alphabet, like the other worrisome variants. Scientists are monitoring the delta-related variant — known as AY.4.2. — to see if it might spread more easily or be more deadly than previous versions of the coronavirus. In a recent report, U.K. officials said this varia
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.
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
WEST PALM BEACH, Fla. (AP) — A plea deal between British rock icon Rod Stewart and Florida prosecutors fell through Friday, meaning he and his adult son are again scheduled to stand trial on charges they battered a security guard during a New Year's Eve bash nearly two years ago. Neither Rod Stewart nor his son, Sean, were present when Judge August Bonavita announced that a hearing in which a deal was expected to be finalized had been canceled. The pair are now scheduled to stand trial on misdem
Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company, three sources said. The plants would be part of a drive by the U.S. group to build cutting-edge manufacturing capacity in Europe to help avoid future supply shortages of the kind currently crippling the automotive industry in particular. Rome is already in talks with Intel about the potential investment, which according to preliminary estimates would be worth more than 4 billion euro ($4.7 billion), the sources who are involved in the discussions said.
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