LONDON (Reuters) -Britain added three firms to its Russia-related sanctions list on Thursday: Photon Pro LLP, Majory LLP, Djeco Group LP. The companies, registered with a British address, would be subject to an asset freeze according to a finance minis…
Ryanair goads Boeing as jetmaker meets rival easyJet
By Tim Hepher BRUSSELS (Reuters) -The boss of Irish budget carrier Ryanair raised the stakes in a feud with Boeing over jet prices by saying he could do without a long-stalled deal to buy the 737 MAX 10 – even as Boeing appeared to woo his arch-rival e…
Russia to live through highest inflation since 1999- Reuters poll
(Reuters) – Consumer inflation in Russia in 2022 is expected to accelerate to its highest since 1999, while the economy will stage its deepest contraction since 2009 as a result of sweeping Western sanctions, a Reuters poll showed on Thursday. Economic…
Britain respects India’s decision to buy discounted oil from Russia
NEW DELHI (Reuters) – Britain respects India’s decision to buy discounted oil from Russia, foreign minister Liz Truss said on Thursday, even as she pursued more sanctions against Moscow. Truss’s comments follow remarks by Daleep Singh, U.S. Deputy Nati…
Analysis-End of an era in sight as euro area borrowing costs sweep above 0%
By Dhara Ranasinghe and Yoruk Bahceli LONDON (Reuters) – When euro zone interest rates turned negative in 2014, fixed income specialist Michael Hampden-Turner recalls having to explain to baffled bond investors how they could be charged to lend money t…
Toshiba’s top shareholder to sell stake if Bain launches tender offer
By Makiko Yamazaki and Junko Fujita TOKYO (Reuters) – Toshiba Corp’s top shareholder said it had agreed to sell its stake to Bain Capital if the U.S. private equity firm launched a tender offer, potentially forcing the embattled conglomerate to revive …
Russia’s RT says UK sanctions are death knell for media freedom
LONDON (Reuters) – Russia’s state-funded RT television channel said on Thursday that British sanctions on Russian state media organisations showed the imminent end of media freedom and the blinkered nature of officials who thought anything Russian was …
Putin tells Europe: Pay in roubles or we’ll cut off your gas
By Joseph Nasr and Mark Trevelyan BERLIN/LONDON (Reuters) -Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in roubles from Friday or else have their supplies cut, a move European capitals rejected and which Germany said…
Shanghai to expand lockdown to most residents as COVID cases rise
By Brenda Goh and Winni Zhou SHANGHAI (Reuters) -Shanghai is set to put the vast majority of its residents under COVID lockdown from Friday, as it expands curbs to include the western half of the city and extends restrictions in the east where people h…
Dollar edges higher on safe-haven bid, euro drops
By John McCrank (Reuters) – The dollar edged higher on Thursday as a lack of progress in peace talks between Russia and Ukraine boosted demand for the safe-haven currency and as the energy shock that has resulted from the war weighed on Europe’s econom…