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Analysis-Qatar scores as World Cup host but may not net long-term goals
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Japan to use nuclear to cut dependence on Russian energy -PM Kishida
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Shell CEO: no way to trace Russian crude refined overseas
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Russia expels Danish diplomats in retaliatory move
SocGen boosts first-quarter income but costs of Ukraine war rise
Date: May 5, 2022
PARIS (Reuters) -French lender Societe Generale beat first-quarter earnings expectations on Thursday but booked higher provisions for loans turning bad as the economic impact of the war in Ukraine hits its customers. France’s third-biggest listed bank said net income rose 3.4% to 842 million euros ($892 million) with revenue up 16.6% as its domestic retail...
Russia says Western intelligence to Ukraine won’t thwart its goals
Date: May 5, 2022
(Reuters) – The Kremlin said on Thursday that the United States, Britain and other NATO countries were “constantly” feeding intelligence to Ukraine but this would not stop Russia from achieving its military objectives there. Kremlin spokesman Dmitry Peskov was responding to a New York Times report that the United States had provided intelligence that helped...
Oil climbs on supply jitters as EU plans Russian oil ban
Date: May 5, 2022
By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices extended gains on Thursday on supply concerns after the European Union laid out plans for new sanctions against Russia, including an embargo on crude in six months, offsetting concerns over weaker Chinese demand. Brent crude was up 36 cents, or 0.3%, at $110.50 a barrel by 1007 GMT....
Glencore investing $200 million in battery recycler Li-Cycle
Date: May 5, 2022
(Reuters) – Miner and commodity trader Glencore Plc said on Thursday it is investing $200 million in battery recycler Li-Cycle Holdings Corp as it looks to expand supply of battery metals for the electric vehicle (EV) industry. Recycling is seen as a large potential new source of EV minerals, and governments and companies around the...
Britain urged to move on protracted audit market shake up
Date: May 5, 2022
By Huw Jones LONDON (Reuters) – The collapse of builder Carillion and other corporate scandals showed a need to act quickly to improve auditing in Britain, a group of more than 50 businesses, trade unions and lawmakers have told the government. In a letter to British Prime Minister Boris Johnson and business minister Kwasi Kwarteng,...
Swimming pool maker Fluidra surfs pandemic wave
Date: May 5, 2022
By Christina Thykjaer MADRID (Reuters) -The world’s largest swimming pool maker Fluidra said demand driven by the coronavirus pandemic that helped it almost double its revenue in two years provided further support in the first quarter. The Spanish company repeated its growth targets for the year after first-quarter net profit rose 12% to 75 million...