Top Stories
Top Stories
Euro zone long-term inflation expectations below 2%, yields drop
Top Stories
Sri Lanka’s president, cabinet set to resign, central bank governor to stay
Top Stories
Britain’s Go-Ahead predicts upbeat 2022 as passenger numbers recover
Top Stories
Germany’s gas crisis in charts: Pipeline repair, and then what?
Eni to receive reduced gas volumes from Gazprom on Monday
Date: July 11, 2022
MILAN (Reuters) -Italian energy group Eni said it will receive about a third less gas from Russia’s Gazprom on Monday compared to the average volumes supplied over the last few days. The Nord Stream 1 pipeline which transports gas from Russia to Germany has entered a planned maintenance shutdown, prompting concerns about gas supplies to...
Energy supply crunch, COVID woes weigh on European stocks
Date: July 11, 2022
By Susan Mathew (Reuters) – European shares fell on Monday, gripped by investor concerns over energy supply crunch, while fresh COVID-19 cases in China and the discovery of a new coronavirus variant dented commodity-linked stocks. Nord Stream I, the biggest single pipeline carrying Russian gas to Germany, starts annual maintenance on Monday. Flows are expected...
Ukraine and Russia: What you need to know right now
Date: July 11, 2022
(Reuters) – Russia opened fire with artillery, multiple rocket launchers and tanks around Ukraine’s second largest city Kharkiv and shelled cities in the east, Ukraine’s general staff said, after a rocket strike that killed 18 people in an apartment building. FIGHTING * Three people were killed and 22 wounded after Russian shelling hit Kharkiv, the...
Pound eyes 2-year lows as race for next British Prime Minister heats up
Date: July 11, 2022
LONDON (Reuters) – The British pound held near a two-year low on Monday as traders held their breath before a leadership contest kicks off to determine the successor of Boris Johnson as Britain’s next Prime Minister. Johnson’s resignation deepens the uncertainty hanging over Britain’s economy, already under strain from an inflation rate heading for double...
FTSE 100 down as China COVID worries weigh on miners
Date: July 11, 2022
(Reuters) -UK stocks fell on Monday as worries about fresh COVID-19 curbs in China and the energy crisis in Europe hurt sentiment, with investors awaiting earnings reports for clues on corporate health. The blue-chip FTSE 100 fell 1% and the domestically focussed FTSE 250 index slid 0.6% after marking weekly gains on Friday. Mining majors...
Spain’s Opdenergy sets price range for market debut
Date: July 11, 2022
MADRID (Reuters) – Spanish renewable energy company Opdenergy on Monday set the price range for its planned initial public offering (IPO) between 4.75 euros and 5.40 euros ($4.80-$5.46) per share, valuing the business at up to 572 million euros. The Madrid-based company, which operates solar parks in Europe and Latin America, plans to raise up...