MILANO (Reuters) – Two investors in Generali said on Tuesday they had dissolved a pact they had struck last year to challenge the Italian insurer’s top shareholder Mediobanca over the renewal of the board. Delfin, the holding of the Italian billionaire…
Exclusive-Vitol made record net profit in 2021 -sources
By Julia Payne and Dmitry Zhdannikov LONDON (Reuters) -Global energy trader Vitol Group made a record net profit of just over $4 billion last year, sources familiar with the matter said, as oil, natural gas and other commodity prices soared. Vitol, the…
Russia steps up economic retaliation with Eurobond rouble buyback offer
By Karin Strohecker LONDON (Reuters) -Russia retaliated in what it has called an “economic war” with the West on Tuesday by offering to buy back its $2 billion Eurobonds maturing next month in roubles rather than dollars. The finance ministry offer on …
Shares surge, oil drops after “encouraging” Russia-Ukraine talks
By Koh Gui Qing NEW YORK (Reuters) – Stock markets surged across the world on Tuesday and oil prices dived more than $3, as investors celebrated signs of progress in negotiations between Russia and Ukraine that they hoped would lead to a settlement in …
UK fraud office head accused of serious and basic errors by lawmakers
By Kirstin Ridley LONDON (Reuters) – The head of the UK Serious Fraud Office (SFO) was on Tuesday accused of “very, very basic errors in litigation” and hiding behind a review into the agency’s failings in a tetchy grilling by lawmakers. Lisa Osofsky s…
Abramovich appears at Ukraine-Russia talks in Istanbul
By Yesim Dikmen and Daren Butler ISTANBUL (Reuters) -Russian billionaire Roman Abramovich, who is sanctioned by the West over Moscow’s invasion of Ukraine, made a surprise appearance in Istanbul on Tuesday at the first direct peace talks in weeks betwe…
Russia has repeatedly fired hypersonic missiles at Ukraine targets – U.S. general
WASHINGTON (Reuters) – Russia has repeatedly fired hypersonic missiles at Ukrainian military targets, the top U.S. military commander in Europe, Air Force General Tod Wolters, told a Senate hearing on Tuesday. “Most of those strikes have been designate…
Russia draws up law to force taxi firms to share data with FSB -document
(Reuters) – Russia’s transport ministry has drawn up a law that would oblige taxi companies to share data with the Federal Security Service (FSB), a document seen by Reuters showed on Tuesday, raising concerns about the data privacy of passengers. The …
Western leaders say resolve over Ukraine must not falter
LONDON (Reuters) – Leaders from Britain, the United States, France, Germany and Italy agreed there could be no relaxation of Western resolve during a call on Tuesday, Prime Minister Boris Johnson’s office said in a statement. “The leaders discussed the…
Factbox-Global oil supply disruptions approaching 5-6 million bpd
(Reuters) – Global oil supply disruptions are approaching 5-6 million barrels per day (bpd), according to Reuters’ calculations, as sanctions, conflicts and infrastructure failures hit supply just as demand is recovering close to an all-time high. \- T…