LVIV, Ukraine (Reuters) – The governor of Ukraine’s Donetsk region on Friday said Ukrainian forces still controlled the besieged southern city of Mariupol on the Sea of Azov. Speaking on national television, Governor Pavlo Kyrylenko said around 65,000 …
Commodity-linked shares lift FTSE to the third week of gains
By Sruthi Shankar (Reuters) -Britain’s FTSE 100 ended higher on Friday and marked their third straight weekly gain on strength in commodity-linked shares and consumer staples, although worries about high inflation slowing economic growth kept sentiment…
Analysis-New EU rules regulating U.S. tech giants likely to set global standard
By Foo Yun Chee BRUSSELS (Reuters) – Landmark EU rules targeting Google, Amazon, Apple, Meta and Microsoft are likely to set a global benchmark and may even force changes in the tech giants’ business models, lawyers and experts said. Europe’s antitrust…
Exclusive-HSBC steps up scrutiny of Russian clients worldwide as sanctions ratchet up
By Sumeet Chatterjee and Lawrence White HONG KONG/LONDON (Reuters) – HSBC is shunning prospective Russian clients and declining credit to some existing ones, two sources with knowledge of the matter told Reuters, as the bank seeks to shield itself from…
Russia signals scaled-back war aims as Ukrainians advance near Kyiv
By Gleb Garanich and Natalia Zinets BUCHA/LVIV, Ukraine (Reuters) – Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists as Ukrainian forces went on the offensive, recapturin…
Analyst reaction to alternative Generali strategy
MILAN (Reuters) – Rebel challengers to Generali’s current management pledged to increase earnings by a double-digit percentage and free more cash for takeovers, setting out their plans for Italy’s largest insurer before a showdown next month. Generali …
Rouble extends recovery, stocks slide on 2nd day of trade, led by Aeroflot
(Reuters) -The rouble extended recovery gains on Friday, hitting its strongest since early March against the dollar, while stocks fell in their second day of trading after a near month-long suspension, with losses led by flag carrier Aeroflot. The Russ…
Russia warns West: gas bills in roubles are just days away
LONDON (Reuters) -Russia warned the West on Friday that billing in roubles for billions of dollars of natural gas exports to Europe could be just days away, Moscow’s toughest response yet to crippling sanctions imposed by the West for the invasion of U…
England’s COVID R number remains steady, new infections growing
LONDON (Reuters) – The estimated range of England’s COVID-19 reproduction “R” number is between 1.1 and 1.4, the UK Health Security Agency said on Friday. An R number between 1.1 and 1.4 means that for every 10 people infected, they will on average inf…
EU’s biggest economy Germany blocked Russian coal ban, sources say
By Francesco Guarascio BRUSSELS (Reuters) – In the early stages of sanctions drafting against Moscow, one idea gained traction in Brussels – a ban on the import of Russian coal – until the European Union’s biggest economy Germany struck it down, two so…