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Russia to take Sakhalin-1 project under its control -lawmaker
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Oil up nearly $5 as tight supply outweighs recession fears
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Why the ‘S’ in ESG deserves more attention
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How isolating the Afghan Taliban could mean more young landmine victims
Factbox-Now UK’s Boris Johnson has quit, who could replace him?
Date: July 7, 2022
By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) – Boris Johnson said on Thursday he was resigning as Britain’s prime minister, bowing to calls from ministerial colleagues and lawmakers in his Conservative Party. Below is a summary of some of those who could be in the frame to replace him. There is no clear favourite...
British lawyers defending Hong Kong tycoon say they receive threats
Date: July 7, 2022
By Anne Marie Roantree and James Pomfret HONG KONG (Reuters) – Barristers from a British law firm who are representing jailed Hong Kong tycoon and democracy campaigner Jimmy Lai said on Thursday they had received anonymous emails warning them against travelling to the city to defend him. Lai is among the most prominent people to...
Airbnb obliged to provide information to tax authorities, EU court adviser says
Date: July 7, 2022
By Foo Yun Chee BRUSSELS (Reuters) -Short-term accommodation services company Airbnb is obliged to provide information in rental contracts to tax authorities, an adviser to Europe’s top court said on Thursday, in another potential legal setback in Europe for the company. Airbnb has in recent years found itself at loggerheads with authorities in several European...
HSBC’s head of responsible investing quits after climate speech controversy
Date: July 7, 2022
LONDON (Reuters) -Stuart Kirk, the global head of responsible investing at HSBC Asset Management, has resigned from his role, according to a post attributed to him on professional networking site LinkedIn on Thursday. Kirk was suspended by HSBC in May after he said central bank policymakers and other global authorities had exaggerated the financial risks...
Russians rush to buy Chinese yuan, Otkritie bank says
Date: July 7, 2022
(Reuters) – Russians have rushed to buy Chinese yuan to diversify their holdings away from U.S. dollars and euros, the state bank Otkritie said, as the finance ministry aims to re-start foreign exchange interventions using ‘friendly’ nations’ currencies. Demand for the yuan has increased eightfold since May 20 when the central bank lifted the restrictions...
Analysis-Euro’s 20-year low leaves ECB facing costly choices
Date: July 7, 2022
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The euro’s tumble towards parity against the dollar has pushed the European Central Bank back against a wall, leaving its policymakers with only painful and economically costly choices. Letting the currency fall would push up already record high inflation, raising the risk of price growth becoming...