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Putin says large Russian grain harvest to support higher exports
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UK economy shrinks in March as recession risks mount
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Global crypto regulation body likely in next year, top official says
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Allianz very likely to fully exit Russia, CFO says
Shell sells Russian retail business to Lukoil
Date: May 12, 2022
(Reuters) -Russia’s second-largest oil producer Lukoil will buy Shell’s Russian retail and lubricants businesses, the companies said on Thursday, as the British oil major moves ahead with its exit from the country following its Ukraine invasion. The deal includes 411 retail stations, mainly located in the Central and Northwestern regions of Russia, and the Torzhok...
British funds tell Texas: emission-cut vows matter for our reputation
Date: May 12, 2022
By Ross Kerber (Reuters) – Two large British asset managers have defended their efforts to reduce emissions to Texas officials and said their firms could face reputational risks if they did not follow through on carbon-cutting commitments. The letters from Man Group PLC and from abrdn plc, reviewed by Reuters following a public records request,...
GumGum Joins Global Alliance for Responsible Media (GARM) Providing Contextual, Brand Safety and Suitability Expertise to Industry Standardisation Efforts
Date: May 12, 2022
London, UK, May 12th, 2022 — GumGum, a contextual-first global digital advertising platform, today announced it has become an official member of Global Alliance for Responsible Media (GARM), the cross-industry initiative established by the World Federation of Advertisers (WFA), and will play a more strategic role in helping build guidelines that increase trust and transparency...
RWE expects clarity soon on Russian gas payment as deadline nears
Date: May 12, 2022
By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) -Germany’s top power producer, RWE, expects Berlin to soon clarify whether payments for Russian gas can be made under a new scheme proposed by Moscow, its finance chief said on Thursday, as a deadline approaches at the end of the month. Russia’s demand that future payments for...
Sweden plans to send NATO application next week, Expressen daily says
Date: May 12, 2022
STOCKHOLM (Reuters) -Sweden’s government plans to submit an application to join NATO next week, following neighbour Finland in re-writing its post-World War Two security policy in the wake of Russia’s invasion of Ukraine, Expressen newspaper reported on Thursday. Sweden’s parliament will debate the security situation on Monday and Prime Minister Magdalena Andersson will then call...
EU says gas supply not at risk from Ukraine transit issue, blames Moscow
Date: May 12, 2022
By Kate Abnett BRUSSELS (Reuters) -Ukraine’s announcement on Tuesday that it would suspend the flow of gas through a transit point bringing Russian fuel to Europe does not present a gas supply issue, the European Commission said on Thursday, blaming Moscow for the disruption. “While these developments may have an impact on part of the...