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Image for Eastern Ukraine town empties as residents fear new Russian assault

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Eastern Ukraine town empties as residents fear new Russian assault

Image for JetBlue defends bid for Spirit as analysts question its merit

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JetBlue defends bid for Spirit as analysts question its merit

Image for No poop for you: Manure supplies run short as fertilizer prices soar

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No poop for you: Manure supplies run short as fertilizer prices soar

Image for Hungary’s Orban aims to keep price caps alive, flags windfall taxes

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Hungary’s Orban aims to keep price caps alive, flags windfall taxes

Image for EU states raise questions on coal ban, new Russia sanctions – sources

EU states raise questions on coal ban, new Russia sanctions – sources

Date: April 6, 2022

By Francesco Guarascio BRUSSELS (Reuters) – European Union diplomats failed to approve on Wednesday new sanctions against Russia proposed by the European Commission, as technical issues needed to be addressed, including on whether a ban on coal would affect existing contracts, sources said. On Tuesday, the EU executive proposed to ban the import of all...

Image for U.S. charges Russian oligarch with violating sanctions, disrupts botnet

U.S. charges Russian oligarch with violating sanctions, disrupts botnet

Date: April 6, 2022

By Sarah N. Lynch WASHINGTON (Reuters) – The U.S. Justice Department has charged Russian oligarch Konstantin Malofeyev with violating sanctions imposed on Russia after its invasion of Ukraine, saying on Wednesday he provided financing for Russians promoting separatism in Crimea. Attorney General Merrick Garland said authorities had also disrupted a type of global malicious computer...

Image for European equity funds had outflows for first time in two years in March

European equity funds had outflows for first time in two years in March

Date: April 6, 2022

By Patturaja Murugaboopathy (Reuters) – European equity funds faced their first monthly outflow in two years in March as the Russia-Ukraine conflict and rising energy prices hurt prospects for profit growth and margins this year. According to Refinitiv Lipper, European equity funds witnessed an outflow of $27 billion last month, their first outflow since March...

Image for British drugmaker GSK stops supplement, vitamin sales to Russia

British drugmaker GSK stops supplement, vitamin sales to Russia

Date: April 6, 2022

(Reuters) -GlaxoSmithKline said on Wednesday its consumer arm has stopped shipments of supplements and vitamins to Russia as a result of Moscow’s invasion of Ukraine and would prioritise the supply of over-the-counter medicines for basic needs. The British drugmaker has also reiterated that it would keep supplying essential medicines and vaccines to Russia. GSK has...

Image for German residential battery unit sales may surge 67% in 2022 – study

German residential battery unit sales may surge 67% in 2022 – study

Date: April 6, 2022

FRANKFURT (Reuters) – Sales of household power batteries in Germany may jump 67% in 2022 as residents employ energy-storage technology for a cheaper, renewable and more reliable supply of energy, industry association BVES said. “High energy prices and the quest for security of supply will give home storage batteries a further push in 2022,” BVES...

Image for EU countries hunt for global coal stocks as Russian ban looms

EU countries hunt for global coal stocks as Russian ban looms

Date: April 6, 2022

(Fixes name in paragraph 19) By Jonathan Saul LONDON (Reuters) – European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the scramble to relieve tight gas supplies, according to data and shipping sources. The European Commission on Tuesday proposed new...