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Watchdog’s New Chief Says High Prices Can Support Greener Palm Oil
Date: June 2, 2022
By Michael Taylor KUALA LUMPUR (Thomson Reuters Foundation) – Palm oil producers profiting from a global price boom should use the opportunity to ramp up efforts to make the business more sustainable and head off rising risks of forests being cleared for plantations, the new head of the industry’s watchdog said. Prices for palm oil...
Soccer-‘We Didn’t Show Up’: Scotland’s Robertson Apologises After Ukraine Defeat
Date: June 2, 2022
(Reuters) – Scotland captain Andy Robertson rued his side’s limp display in Wednesday’s World Cup playoff against Ukraine and apologised to fans after the defeat in Glasgow ended their hopes of a first appearance at the global soccer showpiece in 24 years. Goals from Andriy Yarmolenko, Roman Yaremchuk and Artem Dovbyk fired Ukraine to a...
Oil Prices Fall on Prospect of OPEC Offsetting Russian Output Loss
Date: June 2, 2022
By Rowena Edwards LONDON (Reuters) -Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production. Brent crude was down $2.07, or 1.8%, at $114.22 a barrel at 0649 GMT, having risen 0.6% the previous day. U.S. West Texas Intermediate...
Poland to Become ‘economic Hub’ for Ukraine, Says PM
Date: June 1, 2022
WARSAW (Reuters) – Poland stands to get an economic boost from agreements to help Ukraine, the prime minister said on Wednesday, as he opened temporary housing funded and built by Warsaw in a town that was largely destroyed during the war with Russia. The country stands to benefit from possible agreements to re-export Ukrainian grain,...
Finland and Sweden Say Will Continue NATO Talks With Turkey
Date: June 1, 2022
HELSINKI (Reuters) -Finland and Sweden said on Wednesday they would continue a dialogue with Turkey over their bids for NATO membership, but did not say whether there had been progress on overcoming Ankara’s objections to their joining the military alliance. The Nordic neighbours applied to join NATO last month in response to Russia’s invasion of...
Snam Buys Regasification Vessel as Italy Diversifies Energy Supplies
Date: June 1, 2022
By Valentina Za and Maria Pia Quaglia MILAN (Reuters) -Italy’s state-controlled Snam has agreed to buy a floating regasification terminal with capacity of 5 billion cubic metres a year from Golar LNG, as Rome works to cut its reliance on Russian gas. After Germany, Italy is the European country most dependent on Russian gas, which...