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Italy’s Draghi calls for common EU response to energy costs
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Exclusive-Coca-Cola African bottler’s $3 billion IPO delayed by Ukraine turmoil
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UK donates armoured vehicles to help Ukraine evacuation effort
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Rocky ride ahead for Norway’s $1.2 trillion wealth fund
Don’t assume ‘imperialistic’ Putin won’t attack other countries, Scholz says
Date: May 3, 2022
BERLIN (Reuters) – German Chancellor Olaf Scholz said on Tuesday no-one could assume that Russia would not attack other countries given its violation of international law in Ukraine and Germany would support Finland and Sweden if they decided to join NATO. Russia’s invasion of Ukraine broke the post World War Two order and was forcing...
Ukraine grain exports face unreasonably high Danube port tariffs -official
Date: May 3, 2022
KYIV (Reuters) – With Ukraine’s Black Sea ports blocked by Russia, grain exporters looking to use Danube ports face a rapid and unjustified increase in tariffs, an interior ministry official said on Tuesday. Since Moscow launched what it calls a “special military operation” in Ukraine in late February, the country has been forced to export...
Ukraine and Russia: What you need to know right now
Date: May 3, 2022
(Reuters) – Russia launched an assault on the encircled Azovstal steel works in Mariupol, Ukraine’s last redoubt in the port city, after a ceasefire broke down on Tuesday with some 200 civilians trapped underground despite a U.N.-brokered evacuation. FIGHTING * At least nine civilians were killed by Russian fire in the Donetsk region of eastern...
Russian retailers in talks to import goods via Kazakhstan -report
Date: May 3, 2022
ALMATY (Reuters) – Russian retailers Magnit and Lenta are in talks with their suppliers and other parties about importing goods via Kazakhstan, Russia’s southern neighbour and close partner, a Kazakh official was quoted as saying on Tuesday. Rouble volatility and supply chain disruptions have hit the Russian market since President Vladimir Putin sent troops into...
Lessor Avolon records $304 million impairment over Russian aircraft
Date: May 3, 2022
DUBLIN (Reuters) -Major aircraft lessor Avolon recorded a first-quarter impairment of $304 million to cover the full financial impact of having 10 jets still stuck in Russia following European Union sanctions that forced the termination of all Russian leases. Ireland’s Avolon said on Tuesday it cut the carrying value of the jets to zero having...
Extreme heat kills at least 25 in India’s Maharashtra state
Date: May 3, 2022
NEW DELHI (Reuters) – India’s western state of Maharashtra has registered 25 deaths from heat stroke since late March, the highest toll in the past five years, with more fatalities likely elsewhere in a country sweltering in temperatures over 40 degrees Celsius. Scientists have linked the early onset of an intense summer to climate change,...