By Julien Ponthus and Saikat Chatterjee LONDON (Reuters) – The euro weakened on Tuesday with the Swiss franc and the Swedish crown the winners as French election worries and the chance of more sanctions against Russia unnerved investors. French financi…
Whole of Shanghai enters COVID lockdown despite lower symptomatic cases
By David Stanway SHANGHAI (Reuters) -Chinese authorities on Tuesday extended a lockdown in Shanghai to cover all of the financial centre’s 26 million people, despite growing anger over quarantine rules in the city, where latest results show only 268 sy…
Analysis – Most banks narrow UK gender pay gaps, UBS, Deutsche Bank go into reverse
By Iain Withers and Carolyn Cohn LONDON (Reuters) – Major British financial companies collectively narrowed their gender pay gaps last year, but some went into reverse gear, including UBS and Deutsche Bank, a Reuters analysis found. Companies in Britai…
Exclusive – Investors warn European companies over climate accounting
By Simon Jessop LONDON (Reuters) – Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe’s largest companies, including BP and Volkswagen, that they could challenge board directors over their accounting of climate risk…
Biden urges Putin war crimes trial after Bucha killings
By Nandita Bose WASHINGTON (Reuters) -U.S. President Joe Biden on Monday accused Russian President Vladimir Putin of war crimes and called for a trial, adding to the global outcry over civilian killings in the Ukrainian town of Bucha as more graphic im…
Exxon signals record quarterly profit from oil and gas prices
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Monday said its first-quarter results could top a seven-year quarterly record, with operating profits from pumping oil and gas alone of up to $9.3 billion. A snapshot of the largest U.S. oil compa…
Germans face drastic price rises if EU bars Russian gas, E.ON Germany chief says – RND
BERLIN (Reuters) – German consumers must prepare for drastic electricity and gas price increases if the European Union cuts off Russian gas, E.ON Germany’s chief executive said on Tuesday, adding prices were already rising rapidly even without such a m…
Explainer-How could Russia’s Putin be prosecuted for war crimes in Ukraine?
By Jacqueline Thomsen and Mike Scarcella (Reuters) – U.S. President Joe Biden on Monday called for the prosecution of Russian President Vladimir Putin for war crimes over the discovery in Bucha, Ukraine, of mass graves and bodies of bound civilians sho…
Greek mother jailed pending trial over killing of young daughter
ATHENS (Reuters) – A Greek prosecutor ruled on Monday that a 33-year-old mother accused of intentionally killing her 9-year-old daughter, in a case that has caused public outrage, will remain in custody pending trial, the Athens News agency reported. T…
KKR cannot confirm Telecom Italia bid without due diligence -source
MILAN (Reuters) -KKR cannot confirm its 10.8 billion euro takeover approach for Telecom Italia (TIM) unless Italy’s biggest telecoms group provides access to the its books, the U.S. fund said in a letter to TIM, according to a source. KKR submitted its…