(Reuters) – The Kremlin said on Friday that a Ukrainian strike against a fuel depot in the Russian city of Belgorod did not create comfortable conditions to continue peace talks with Kyiv. Russia accused Ukraine on Friday of attacking the depot but Ukr…
Germans warm up to coal, wood amid high gas prices
BERLIN (Reuters) – Germans are snapping up wood and coal, despite the arrival of Spring, with an eye on climbing gas prices and uncertainties about the effects of a prolonged war in Ukraine. Germany on Wednesday declared an “early warning” of a possibl…
Commodities, banks help European shares rise amid gas supply worries
By Susan Mathew and Anisha Sircar (Reuters) -European shares rose on Friday as a rally in commodity-linked and bank stocks helped outweigh worries about economic growth and inflation, with Europe remaining on alert for a disruption to gas imports from …
Consumer staples lift UK’s FTSE 100 to fourth week of gains
By Devik Jain (Reuters) -London’s FTSE 100 rose on Friday and marked its fourth consecutive weekly gains with consumer staples and miners leading advances, while sports good retailer Frasers jumped after unveiling a new share buyback plan. The blue-chi…
Poland’s Allegro eyes more deals after buying Mall, WE|DO assets
WARSAW (Reuters) – Polish e-commerce platform Allegro is interested in more mergers and acquisitions in the region, its Chief Executive Francois Nuyts told journalists, as the group completed its takeover of Mall Group and WE|DO. Allegro said in Novemb…
Russia’s ally China tells EU it will pursue Ukraine peace in its own way
By Philip Blenkinsop and Yew Lun Tian BRUSSELS/BEIJING (Reuters) -China offered the European Union assurances on Friday that it would seek peace in Ukraine but said this would be on its own terms, deflecting pressure for a tougher stance towards Russia…
Analysis-As foreign digital firms leave, Russia’s domestic providers pounce
(Reuters) – Russian domestic tech companies, led by entities controlled or associated with state-owned gas giant Gazprom, are pouncing on the blockade and exodus of foreign internet firms, sensing opportunities in Russia’s growing digital isolation. Ru…
Exclusive-Parker set to gain EU antitrust approval for $8.3 billion Meggitt buy -sources
By Foo Yun Chee BRUSSELS (Reuters) -Parker-Hannifin is set to gain EU antitrust clearance for its 6.3 billion pound ($8.3 billion) bid for Britain’s Meggitt after offering to sell a U.S. factory to address competition concerns, people familiar with the…
Explainer-Nervous Europe sees Putin’s gas-cut threat as bluster
By Tommy Wilkes and John O’Donnell LONDON/FRANKFURT (Reuters) – Russian President Vladimir Putin’s vow to cut customers off from its gas unless they start paying in roubles is more of a ‘bluff’ to ward off further sanctions than a genuine threat to sto…
London Metal Exchange bans some Russian metal from British warehouses
By Zandi Shabalala and Eric Onstad LONDON (Reuters) – The London Metal Exchange suspended deliveries of some Russian produced metals into its approved warehouses in Britain on Friday, although there is none stored in them at present. The exchange, whic…