KYIV (Reuters) – U.S. Treasury Secretary Scott Bessent arrived in Kyiv on Wednesday to discuss a critical minerals deal as Ukraine vies to win the backing of U.S. President Donald Trump at a perilous diplomatic juncture in the war with Russia. Trump has said he wants Ukraine to supply the United States with rare earth …
Factbox-What are Ukraine’s critical minerals and why does Trump want them? Read More »
By Riham Alkousaa BERLIN (Reuters) – Limiting Germany’s refugee intake is a major issue in the campaign for the February 23 federal election, with the conservatives and far-right parties leading polls partly thanks to promises to halt the influx. At the same time, Europe’s biggest economy needs more people to help plug labour shortages still …
Explainer-How migration to Germany is fuelling election debate on economy Read More »
By Sethuraman N R NEW DELHI (Reuters) – Norwegian oil and gas producer Equinor will proceed with the development of its Rosebank oil and gas field, the company’s UK manager said on Wednesday on the sidelines of an energy conference in New Delhi. Equinor and its partner Ithaca Energy want to develop the Rosebank oil …
Equinor to push ahead with Rosebank oil and gas project in Britain Read More »
By Polina Devitt LONDON (Reuters) – Gold prices have marched into uncharted territory as bulls latch on to economic uncertainty created by U.S. import tariff plans, but behind the prize of hitting a record $3,000 per ounce, some flags of a bear case are also being planted. Bullion has had a storming start to 2025, …
Analysis-As gold eyes glittering milestone, bear case also rises Read More »
By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) said on Wednesday its board of directors had approved a 700 million euro ($726 million) sale of its submarine cable unit Sparkle to a consortium led by Italy’s Treasury. TIM, which is due to report its 2024 earnings and update its strategy later on Wednesday, said it …
Telecom Italia backs subsea cable unit sale ahead of strategy update Read More »
By Stephen Nellis (Reuters) – Adobe on Wednesday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year. The Firefly Video Model, as Adobe is calling …
Adobe launches AI video tool to compete with OpenAI Read More »
By Vera Eckert ESSEN, Germany (Reuters) -Subsidised gas auctions in Germany to boost flagging underground storage caverns are still out of reach despite speculative hopes riding on a meeting with stakeholders organised by Germany’s gas market manager at a trade fair. The lack of progress leaves Europe’s largest economy with a looming question over its …
German gas event fails to deliver tender plans as storage levels slide Read More »
By Sergio Goncalves LISBON (Reuters) – Portugal’s centre-right minority government wants to reach an agreement on a partial privatisation of national airline TAP with the main opposition Socialists, aiming to sell a minority stake of up to 49%, Infrastructure Minister Miguel Pinto Luz said on Wednesday. Although the government has always sought to sell 100% …
Portugal’s government seeks political deal to sell minority stake in flag carrier TAP Read More »
By Jennifer Rigby LONDON (Reuters) – Wellcome, a major London-based charity, is exploring options to support science and research, given cuts to health and research funding led by the United States, its chief executive said on Wednesday. However, John-Arne Røttingen said any contributions would be a “drop in the ocean” compared to what governments around …
Wellcome explores options to support science, health after US cuts Read More »
By Isabel Demetz and Paolo Laudani (Reuters) -Swiss expansion services provider DKSH, mostly active in South East Asia, expects to benefit from the new tariffs on China, its CEO Stefan Butz said on Wednesday. “We think that the whole tariff discussion with China is going to have the effect that more trading is happening with …
Expansion services firm DKSH will benefit from tariffs on China, CEO says Read More »
