(Reuters) – Ukraine’s gas transit operator said on Friday it was worried by reports of “gross interference” by Russian forces occupying a gas compressor station, and issued a new warning over supplies to Europe. The Novopskov compressor station in the …
Explainer-Clock ticks down towards a Russian default
LONDON (Reuters) – Russia could face its first sovereign external default in over a century after it made arrangements to make an international bond repayment in roubles earlier this week, even though the payment was due in U.S. dollars. Russia has not…
U.N. shifts aid east in Ukraine, plans convoys to rebel areas
By Emma Farge GENEVA (Reuters) -The U.N. humanitarian office (OCHA) is moving aid eastwards in Ukraine and plans aid convoys to the rebel regions of Luhansk and Donetsk next week as fighting shifts, a spokesperson told a press briefing on Friday. “We h…
Credit Agricole stake in Italy’s Banco BPM sparks bid speculation
By Valentina Za and Andrea Mandala MILAN (Reuters) -France’s Credit Agricole has become the single largest investor in Banco BPM after buying a 9.2% stake, raising the prospect of a full takeover bid and sending shares in Italy’s third-largest lender s…
UK’s Johnson hails ‘outstanding’ job being done by Sunak
LONDON (Reuters) – British Prime Minister Boris Johnson hailed the “outstanding job” being done by Rishi Sunak on Friday, after his finance minister faced questions about his wife’s tax status. “I would just stress that the chancellor, Rishi, is doing …
Exclusive-AIG looks at cutting insurance for Russia, Ukraine -sources
By Noor Zainab Hussain and Carolyn Cohn LONDON (Reuters) – AIG, one of the world’s biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from the risk of hefty claims as sanctions ratchet up and the war drag…
Euro zone bond yields rise as traders, banks ramp up ECB rate hike bets
By Yoruk Bahceli (Reuters) -Euro zone bond yields rose on Friday as traders further ramped up bets on European Central Bank rate hikes this year. Minutes from the ECB’s latest policy meeting, which were more hawkish than expected, had already pushed yi…
UK promises further $130 million of arms for Ukraine
LONDON (Reuters) -Britain will send Ukraine a further 100 million pounds ($130 million) of military support, Prime Minister Boris Johnson said on Friday after a meeting with German Chancellor Olaf Scholz. Johnson, hosting the new German chancellor for …
Ukrainian forensic investigators start exhuming bodies from Bucha mass grave
BUCHA, Ukraine (Reuters) – Forensic investigators began exhuming a mass grave in the Ukrainian town of Bucha on Friday, wrapping in black plastic and laying out the bodies of civilians who officials say were killed during a Russian invasion. Ruslan Kra…
Russia expels 45 Polish embassy and consulate staff in retaliatory move
(Reuters) – Russia has declared 45 Polish embassy and consulate staff “persona non grata” in retaliation for Warsaw’s expulsion of 45 Russian diplomats from Poland, Moscow’s foreign ministry said on Friday. Poland said in March that the 45 Russian dipl…