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U.S., Taiwan to launch trade talks after Biden excludes island from Indo-Pacific group
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Finland and Sweden say will continue NATO talks with Turkey
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U.N. nuclear watchdog urged to rebuke Iran, a U.S., European draft shows
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Russia says U.S. rocket supplies to Ukraine risk widening conflict
BMW still hammering out details of promised fossil-fuel free plant
Date: June 1, 2022
By Victoria Waldersee BERLIN (Reuters) – BMW is still hammering out how to make good on a promise to build the world’s first fossil-free plant in Hungary, from how much energy can be generated on-site to how much storage will be needed, the carmaker’s production chief said. The plant under construction, which BMW has said...
Pfizer to sell stake in GSK’s consumer health business after it lists
Date: June 1, 2022
By Natalie Grover and Ludwig Burger LONDON (Reuters) -Pfizer plans to sell its 32% stake in Haleon, its consumer health venture with British drugmaker GSK, after the business lists as an independent company in July, GSK said on Wednesday. GSK is spinning off Haleon, which makes Sensodyne toothpaste and Advil painkillers, so it can focus...
Russian forces advance in factory city, U.S. to send precision rockets to Ukraine
Date: June 1, 2022
By Pavel Polityuk and Max Hunder KYIV (Reuters) – Russian forces on Wednesday pressed closer to the centre of an industrial city in a drive to grab a swathe of eastern Ukraine, while the United States said it would supply advanced rockets to Kyiv to help push Moscow to negotiate an end to the war....
Trades in Russian shares show investors testing the exits
Date: June 1, 2022
By Sinead Cruise and Huw Jones LONDON (Reuters) – A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western investors are still seeking ways to buy and sell stock in Russian companies rendered near untouchable due to sanctions. Europe, the United States and Canada blocked certain banks’ access...
Snam buys regasification vessel as Italy diversifies energy supplies
Date: June 1, 2022
By Valentina Za and Maria Pia Quaglia MILAN (Reuters) -Italy’s state-controlled Snam has agreed to buy a floating regasification terminal with capacity of 5 billion cubic metres a year from Golar LNG, as Rome works to cut its reliance on Russian gas. After Germany, Italy is the European country most dependent on Russian gas, which...
Turkey’s Erdogan halts talks with Greece as tensions flare again
Date: June 1, 2022
ANKARA (Reuters) -President Tayyip Erdogan said on Wednesday Turkey was halting talks with Greece, partly over a dispute with the Greek prime minister and what Ankara calls airspace violations, marking the latest reversal in the neighbours’ long-testy relationship. Last year, after a five-year hiatus, the two NATO members resumed talks to address their differences in...