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Airlines warn oil companies to speed up alternative fuel production
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Insurance watchdog calls for pan-EU policy protection
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Thousands walk out in Britain’s biggest rail strike in 30 years as Johnson vows to stay firm
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Ukraine on course for EU candidacy at summit, EU says
Russia tells Lithuania: your citizens will feel the pain over Kaliningrad
Date: June 21, 2022
By Guy Faulconbridge LONDON (Reuters) -A top ally of President Vladimir Putin told Lithuania on Tuesday that Moscow would respond to its ban on the transit of goods sanctioned by the EU to Russia’s exclave of Kaliningrad in such a way that citizens of the Baltic state would feel the pain. With relations between Moscow...
Luxury sales to grow at least 5% this year – Bain
Date: June 21, 2022
By Mimosa Spencer PARIS (Reuters) -Sales of luxury goods are set to rise at least 5% this year as shoppers in the United States and Europe continue to snap up high-end watches, jewelry and shoes despite the conflict in Ukraine and soaring inflation, consultancy Bain said Tuesday. “Consumption doesn’t seem to be affected so far,”...
Norway’s sovereign fund eyes long-term profit from market turmoil
Date: June 21, 2022
By Victoria Klesty OSLO (Reuters) – The recent turmoil in global financial markets represents an opportunity for Norway’s $1.2 trillion sovereign wealth fund, to profit from it much like it did during the 2008-2009 financial crisis, its deputy chief said on Tuesday. As the world’s largest fund of its kind it owns 1.3% of all...
Moscow threatens Lithuania with ‘consequences’ over blocked rail to enclave
Date: June 21, 2022
KYIV (Reuters) -Russia threatened on Tuesday to punish Lithuania with measures that would have a “serious negative impact” for blocking some shipments by rail to Moscow’s Baltic Sea enclave Kaliningrad, the latest dispute over sanctions imposed over war in Ukraine. On the ground in eastern Ukraine, Russia’s separatist proxies said they were advancing towards Kyiv’s...
Russian TV channel takes aim at ‘Iron Curtain’ from outside
Date: June 21, 2022
TBILISI (Reuters) – When television reporters Tikhon Dzyadko and Ekaterina Kotrikadze left Russia with other colleagues in March, they left the country without one of its few major non-government media outlets. The pair, leading journalists at independent TV channel Dozhd, have been broadcasting a current affairs show on their joint YouTube channel from neighbouring Georgia...
TikTok to boost EU consumers’ rights, averts possible sanctions
Date: June 21, 2022
By Foo Yun Chee BRUSSELS (Reuters) – Chinese-owned short video-sharing app TikTok has agreed to boost European Union users’ rights, EU regulators said on Tuesday, averting possible sanctions in a case sparked by multiple complaints from consumer groups in the bloc. The European Consumer Organisation (BEUC) in its 2021 complaint said TikTok, which has seen...