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From Peru to Uganda, activists call on Deutsche Bank to drop fossil finance
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Verdict expected Wednesday in trial of Paris 2015 attacks
Russia sanctions, energy, food – what the G7 agreed
Date: June 28, 2022
SCHLOSS ELMAU (Reuters) – Leaders of the Group of Seven rich democracies met for their three-day annual summit this week at a luxury castle resort in the Bavarian Alps in southern Germany. Here are some of the highlights on what the G7 agreed on Tuesday, the final day of the summit: RUSSIA SANCTIONS “We will...
Global energy consumption topped pre-pandemic levels in 2021, says BP
Date: June 28, 2022
By Ron Bousso LONDON (Reuters) – Global energy consumption rose by 5.8% in 2021, exceeding pre-pandemic levels as economies revved up activity, while strong growth in renewable energies chipped away at fossil fuel use, according to a benchmark report by BP. Oil demand last year was 3.7 million barrels per day (bpd) below 2019 levels,...
Analysis: Private equity’s swoop on listed European firms runs into rising execution risks
Date: June 28, 2022
By Joice Alves, Emma-Victoria Farr and Sinead Cruise LONDON (Reuters) – European listed companies have not been this cheap for more than a decade, yet for private equity firms looking to put their cash piles to work, costlier financing and stronger resistance from businesses are complicating dealmaking. Sharp falls in the value of the euro...
Global energy consumption topped pre-pandemic levels in 2021, says BP
Date: June 28, 2022
By Ron Bousso LONDON (Reuters) – Global energy consumption rose by 5.8% in 2021, exceeding pre-pandemic levels as economies revved up activity, while strong growth in renewable energies chipped away at fossil fuel use, according to a benchmark report by BP. Oil demand last year was 3.7 million barrels per day (bpd) below 2019 levels,...
Rouble hits 7-year peak vs dollar after West says Russia in default
Date: June 28, 2022
MOSCOW (Reuters) – The rouble hit a more than a seven-year high on Tuesday as capital controls and month-end taxes offset the negative impact of Western statements that Russia has defaulted on its international bonds for the first time in more than a century. The White House and Moody’s credit agency said Russia has defaulted...
Ukraine mourns shopping mall attack victims, war crimes team on the scene
Date: June 28, 2022
By Simon Lewis KREMENCHUK, Ukraine (Reuters) – War crimes investigators on Tuesday inspected the charred remains of a shopping mall devastated by a Russian missile strike as Ukraine mourned the victims of what the Ukrainian prosecutor general called “crimes against humanity”. A day after the attack in which at least 18 people were killed, the...