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UPDATE 1-Italy's PM-designate still stymied over economy minister pick

* Bond yields rising, Moody's threatens downgrade (Adds Salvini comment)

5:44pm BST

Japan's Marubeni to take part in Russian chemical cluster project

ST PETERSBURG, May 26 Japan's Marubeni Corporation has signed a deal to help build a methanol production plant and create a chemical cluster in the Russian city of Volgograd, the Russian Direct Investment Fund (RDIF) said on Saturday.

5:42pm BST

Spain's Ciudadanos party open to alternative candidate to oust PM Rajoy

MADRID, May 26 Spain's centre-right Ciudadanos party said on Saturday it would be willing to back an unspecified neutral candidate to oust Prime Minister Mariano Rajoy over a far-reaching graft case engulfing members of his People's Party (PP).

4:51pm BST

REFILE-Trump says Venezuela has freed American 'hostage' Josh Holt

WASHINGTON, May 26 The Venezuelan government on Saturday released an American, Josh Holt, who it has held since 2016 on weapons charges, U.S. President Donald Trump and Utah Senator Orrin Hatch said in separate posts on Twitter.

2:59pm BST

Italy's PM-designate still stymied over economy minister pick

ROME, May 26 Italy's prime minister-designate's efforts to put together a cabinet remained stymied on Saturday as his political backers pushed for a eurosceptic economy minister who the president has so far refused to accept.

2:15pm BST
Financials
HSBC Holdings PLC 739.30 -0.86%
Lloyds Banking Group PLC 66.63 -0.58%
Prudential PLC 1,908.50 -1.57%

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