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

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

Image for Finnish utility Fortum plans to quit Russia

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Finnish utility Fortum plans to quit Russia

Image for Britain’s JD Sports lifts profit estimates, sales rise

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Britain’s JD Sports lifts profit estimates, sales rise

Image for Rolls-Royce boosted by return to flying and defence demand

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Rolls-Royce boosted by return to flying and defence demand

Image for UK PM Johnson says no return to normal relations for Russia’s Putin

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:...

Image for Hapag-Lloyd Q1 net profit more than triples, expects strong Q2

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...

Image for Merck KGaA sees FY adjusted profit gains of up to 9% on lab demand

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...

Image for Anglo American to return to Zambia with Arc Minerals copper deal

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...

Image for Ukraine keeps up counterattack to north of Kharkiv, Britain says

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...

Image for Explainer-Finland, Sweden weigh up pros and cons of NATO membership

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...