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Myanmar troops battle militias as anti-coup resistance grows

By Reuters Staff 4 Min Read (Reuters) -Myanmar army artillery shelled positions held by civilian militias in a northwestern town for a second day on Friday, rebel fighters and a lawmaker said, after the ruling junta declared martial law there to quell a local rebellion against its rule. The junta said martial law was imposed in Mindat in Chin State late on Thursday after whom it called “armed terrorists” attacked a police station and a bank. The attacks posed a further challenge to the military as it struggles to restore order in the country amid widespread anger over its coup in February which ousted the elected civilian government of Aung San Suu Kyi.

Exclusive-Italy tribunal rules in favour of Blackstone in RCS building dispute

A Milan arbitral tribunal ruled in favour of Blackstone Group Inc in a disputed sale of the headquarters of RCS, rejecting all claims advanced by the Italian publisher, a court document seen by Reuters showed, confirming what sources had said earlier on Friday.

UPDATE 1-Russia freezes Moscow bank accounts of U S broadcaster RFE/RL

By Reuters Staff (Updates with U.S. State Department comment, background) MOSCOW, May 14 (Reuters) - Russia has frozen the Moscow bank accounts of Radio Free Europe/Radio Liberty after fining it repeatedly for breaking its “foreign agent” legislation, the U.S. broadcaster said on Friday. Russia has designated RFE/RL as “foreign agent” media. Earlier on Friday, Russian bailiffs carried out an inventory of its Moscow bureau and notified it of the beginning of proceedings over unpaid fines for violations of the “foreign agent” law. Under the law, Russian authorities have the power to label foreign-funded NGOs, media or individuals they deem are engaged in political activity as “foreign agents.”

UPDATE 2-Mediaset plans to move legal base to the Netherlands, drop loyalty share scheme

(Adds details on results) MILAN, April 26 (Reuters) - Mediaset said on Monday it would ask shareholders to approve moving the Italian broadcaster’s legal headquarters to the Netherlands in a fresh effort to pursue international expansion. Mediaset was previously forced to shelve plans to set up a Dutch holding company that would make it easier for the group to seek European tie-ups because of opposition from its second-biggest investor, Vivendi, which fought the project in courts across Europe. In an apparent offer of an olive branch to Vivendi, Mediaset also said it would ask shareholders on May 27 to scrap a loyalty share scheme that Vivendi had challenged in court.

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