By Tatiana Bautzer NEW YORK (Reuters) – Citigroup’s wealth unit has initiated a process to sell its trust administration and fiduciary services business, the bank said in a statement on Friday.”To enhance our focus on delivering the wealth structuring advice that matters most to our global clients, Citi Wealth has initiated a process to sell…
By Sriparna Roy and Mariam Sunny (Reuters) -The U.S. FDA has declined to approve a therapy based on the mind-altering drug MDMA for patients with post-traumatic stress disorder, stating it could not be approved based on the data submitted, developer Lykos Therapeutics said on Friday. Commonly known as ecstasy or molly, MDMA has long been…
MANILA (Reuters) -The Philippine military said on Saturday it strongly condemns “dangerous and provocative actions” by China’s air force at a contested shoal in the South China Sea. It was the first time the Philippines has complained of dangerous actions by Chinese aircraft, as opposed to navy or coast guard vessels, since President Ferdinand Marcos…
By Mark Trevelyan (Reuters) -Russia moved extra tanks, artillery and rocket systems to its southern Kursk region and imposed anti-terrorism measures in border areas as it battled a shock incursion by Ukraine’s military. Ukrainian forces, meanwhile, posted a video purporting to show them in control of a town near the border, the first pictorial evidence…
