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Snam signs deal with Enagas to study Spain-Italy gas pipeline

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Finnish utility Fortum plans to quit Russia

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Britain’s JD Sports lifts profit estimates, sales rise

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Rolls-Royce boosted by return to flying and defence demand

UK PM Johnson says no return to normal relations for Russia’s Putin
Date: May 12, 2022
LONDON (Reuters) -British Prime Minister Boris Johnson said on Thursday he did not see how there could be a normalisation of relations with President Vladimir Putin following Russia’s invasion of Ukraine. Asked during an interview on LBC Radio whether Putin could be welcomed back on the global stage if he were to repent, Johnson said:...

Hapag-Lloyd Q1 net profit more than triples, expects strong Q2
Date: May 12, 2022
FRANKFURT (Reuters) -German container shipping group Hapag-Lloyd on Thursday reported first-quarter net profit of 4.2 billion euros ($4.4 billion), more than triple the number a year ago and, forecast another strong performance for the second quarter. “The year has got off to an exceptionally strong start on the whole, and whilst there have been first...

Merck KGaA sees FY adjusted profit gains of up to 9% on lab demand
Date: May 12, 2022
By Ludwig Burger (Reuters) – Germany’s Merck KGaA said it expects earnings growth of up to 9% this year, mainly driven by drugmakers’ demand for its laboratory gear business, but flagged risks related to lockdown measures in China. In a statement on Thursday, the diversified group predicted growth of 5% to 9%, excluding the effect...

Anglo American to return to Zambia with Arc Minerals copper deal
Date: May 12, 2022
By Helen Reid CAPE TOWN (Reuters) -Arc Minerals said on Thursday that Anglo American will take majority control of its Zambia copper-cobalt exploration licences. It marks the first new investment by Anglo in Zambia in 20 years. Under the deal, which was first reported by Reuters, Anglo will take 70% of a joint venture with...

Ukraine keeps up counterattack to north of Kharkiv, Britain says
Date: May 12, 2022
(Reuters) – Ukrainian forces are keeping up a counterattack to the north of the second largest city of Kharkiv and recapturing several towns and villages toward the Russian border, Britain said on Thursday. Russia has reportedly withdrawn units from the area and the forces are likely to redeploy after replenishing the losses to the eastern...

Explainer-Finland, Sweden weigh up pros and cons of NATO membership
Date: May 12, 2022
STOCKHOLM (Reuters) – Russia’s invasion of Ukraine has pushed Finland and Sweden to the verge of applying for NATO membership. Finland, which shares a 1,300-km (810-mile) border with Russia, and Sweden will announce their decisions in the coming days amid warnings from Moscow it could deploy nuclear weapons and hypersonic missiles in the European exclave...
