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Factbox: Europe takes action in case Russian gas supply stops
A dozen EU countries affected by Russian gas cuts, EU climate chief says
Date: June 23, 2022
By Kate Abnett BRUSSELS (Reuters) – A dozen European Union countries have now been affected by cuts to gas supply from Russia, EU climate policy chief Frans Timmermans said on Thursday, as the bloc faces a deepening energy standoff with Moscow. Russia slashed flows through its Nord Stream 1 pipeline to 40% of capacity last...
European stocks skid on gloomy business activity data, commodity weakness
Date: June 23, 2022
By Sruthi Shankar (Reuters) – European shares dropped on Thursday after a survey showed euro zone business activity slowed significantly in June, adding to fears of a sharp economic downturn, while sliding oil and metal prices hit commodity-linked stocks. The continent-wide STOXX 600 index dropped 1%, with miners shedding 2.6% to hit an over six-month...
As Russia cuts gas, German industry grapples with painful choices
Date: June 23, 2022
By Patricia Weiss and Christoph Steitz FRANKFURT (Reuters) – The German companies that drive Europe’s biggest economy are contemplating painful cuts to their output and resorting to polluting forms of energy previously considered unthinkable as they adjust to the prospect of running out of Russian gas. Reduced Russian deliveries have accelerated efforts across German industry...
Ukraine and Russia: What you need to know right now
Date: June 23, 2022
(Reuters) – Ukraine will be accepted as a candidate to join the European Union on Thursday, a move that will boost the country’s morale as the battle with Russian troops for two cities in the east reached what one official called a “fierce climax”. FIGHTING * Ukrainian forces are defending the eastern city of Sievierodonetsk...
Teads partners with Lumen Research to offer attention measurement to clients globally
Date: June 23, 2022
This pioneering partnership breaks new ground by offering native reporting of all-important attention metrics London, UK, 23rd June: Lumen Research, the leader in attention measurement, has signed a deal with global media platform, Teads, to provide measurement and native creative testing tools to its clients worldwide. Lumen will supply its LAMP tag on Teads’ campaigns,...
Thyssenkrupp loses fight against EU veto of Tata Steel JV
Date: June 23, 2022
(This Jun. 22 story corrects headline and text to show only Thyssenkrupp was involved in the court appeal) By Foo Yun Chee BRUSSELS (Reuters) – Thyssenkrupp has lost its fight against a European Union antitrust veto of its proposed landmark joint venture with Tata Steel, after Europe’s second-highest court rejected its arguments. The two companies...