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Reliance to launch British sandwich outlet Pret A Manger in India
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Carbon Planning
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Exclusive: Europe ready for Baltics emergency switch-off from Russian grid
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Nuts and bolts of the LME’s cancelled nickel trades legal case
Russian rouble rallies; Gazprom shares plummet after it skips dividend
Date: June 30, 2022
MOSCOW (Reuters) – The Russian rouble rallied on Thursday, heading towards its strongest levels since 2015 as it retained support from high commodity prices, while shares in Gazprom plummeted after the gas giant said it would not pay dividends. Gazprom shares fell 29% to 211 roubles ($3.91) by 1411 GMT after the company said its...
Four killed in Sudan as protesters rally on uprising anniversary
Date: June 30, 2022
KHARTOUM (Reuters) -Four protesters were killed in Sudan on Thursday, medics said, as large crowds took to the streets despite heavy security and a communications blackout to rally against the military leadership that seized power eight months ago. In central Khartoum, security forces fired tear gas and water cannon as they tried to prevent swelling...
Ferrari to churn out gas guzzlers on its slow road to electric
Date: June 30, 2022
By Giulio Piovaccari and Nick Carey MARANELLO, Italy (Reuters) – Ferrari makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to overcome the technology’s disadvantages against today’s powerful fossil fuel engines. At an investor day this month, executives...
Pope implicitly accuses Russia of aggression, imperialism in Ukraine
Date: June 30, 2022
By Philip Pullella VATICAN CITY (Reuters) -Pope Francis implicitly accused Russia on Thursday of “armed conquest, expansionism and imperialism” in Ukraine, calling the conflict a “cruel and senseless war of aggression”. The pope, speaking to a delegation of Orthodox leaders from the Istanbul-based Ecumenical Patriarchate, said the conflict had pitted Christians against one another. Both...
Exclusive-ECB to channel cash from north to south in bid to cap spreads – sources
Date: June 30, 2022
By Francesco Canepa and Balazs Koranyi SINTRA, Portugal (Reuters) – The European Central Bank will buy bonds from Italy, Spain, Portugal and Greece with some of the proceeds it receives from maturing German, French and Dutch debt in a bid to cap spreads between their borrowing costs, sources told Reuters. The ECB will kick off...
Stocks sink on fears for global economy, capping worst H1 on record
Date: June 30, 2022
By Tommy Wilkes LONDON (Reuters) – Stocks sank on Thursday to extend what is the worst first half of a year for global share prices on record, as investors fret that the latest show of central bank determination to tame inflation will slow economies rapidly. Central bank chiefs from the U.S. Federal Reserve, the European...