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Portugal expects deal to disconnect power prices from gas prices ‘very soon’
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Activision beats shareholder class action over sex bias claims, for now
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Carrefour upbeat on turnaround after Brazil bolsters sales
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Diamond miner De Beers returns to Angola after ten-year absence
Fleeing Ukrainians find refuge in medieval Irish castle
Date: April 20, 2022
By Clodagh Kilcoyne GALWAY, Ireland (Reuters) – When Irishman Barry Haughian and his Spanish wife Lola watched Ukrainians flee their homes but had no space to help in their house in Madrid, they decided to offer up their second home instead – a 15th century castle in the west of Ireland. Within a day Haughian...
Jenoptik to focus on chip business after ‘crazy’ demand in Q1 – CEO
Date: April 20, 2022
BERLIN (Reuters) – German optical electronics group Jenoptik would be open to talks about the sale of its auto industry equipment unit as it aims to focus on making chip components after a strong first quarter, the company’s CEO said on Wednesday. Jenoptik’s most important unit, which makes optical equipment for the chip industry, exceeded...
Russia’s Rosselkhozbank says sanctions impeding efforts to honour debt obligations
Date: April 20, 2022
(Reuters) – State-owned Russian lender Rosselkhozbank said on Wednesday that British sanctions had prevented it from making a $21.25 million interest payment on Eurobonds maturing in 2023, the latest Russian company to flag debt servicing issues. Unprecedented Western sanctions on Moscow for what it calls “a special military operation” in Ukraine have crippled Russia’s financial...
Vopak quarterly earnings show balanced portfolio, boost shares
Date: April 20, 2022
By Juliette Portala (Reuters) -Dutch oil and chemical storage company Vopak beat first-quarter earnings expectations on Wednesday helped by growth projects and a good performance in the Americas which offset challenges in Europe. Its core profit (EBITDA) reached 213.1 million euros in the first three months of 2022, topping the 203 million expected by analysts...
Siemens Gamesa buffeted by rising costs as turbine launch problems deepen
Date: April 20, 2022
By Isla Binnie and Christoph Steitz MADRID/FRANKFURT (Reuters) -Siemens Gamesa is trying to raise wind turbine prices to cope with lofty raw materials costs and iron out complex internal procedures that have delayed new products and helped trigger a huge quarterly loss, Chief Executive Jochen Eickholt said on Wednesday. His comments came after the world’s...
Euro zone trade deficit extends to Feb as energy import burden rises
Date: April 20, 2022
BRUSSELS (Reuters) – The euro zone suffered a trade deficit for a fourth consecutive month in February as surging energy prices led to a sharp increase in the value of energy imports, data showed on Wednesday. Eurostat said the non-adjusted trade deficit of the 19 countries sharing the euro was 7.6 billion euros ($8.2 billion)...