(Reuters) – Shipping giant AP Moller-Maersk has urged customers to pick up their laden containers and return the empty ones at the U.S. East and Gulf Coast ports before Jan. 15 to mitigate potential disruptions at the terminals on account of a strike. “The conditional agreement on wages is set to expire on Jan. 15. …
Maersk asks customers to remove cargo before potential strike at US ports Read More »
(Reuters) – Ukraine’s gas transit operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of 1500 GMT on Tuesday, hours ahead of the expiration of a five-year contract between Gazprom and Ukraine’s Naftogaz. Despite being at war with Russia, Ukraine still transited Russian gas to …
Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far Read More »
(Reuters) – Russian gas supplies sent via Ukraine to Europe for more than 40 years are scheduled to end on January 1 after Ukraine’s Naftogaz refused to renew its latest five-year transit deal with Russia’s Gazprom. Despite the war between the two countries, Ukrainian President Volodymyr Zelenskiy on Dec 19 said Kyiv might consider allowing …
Explainer-What happens when Russian gas supply to Europe via Ukraine ends? Read More »
By Sruthi Shankar and Shashwat Chauhan (Reuters) -European stocks recorded their worst quarterly showing in more than two years on Tuesday, as uncertainty around interest rates and the Trump administration’s policies halted a rally that had pushed several markets to record highs this year. The pan-European STOXX 600 added 0.6% on the final trading session …
European stocks clock worst quarterly showing since 2022 Read More »
(Reuters) -London’s FTSE 100 climbed to its highest level in over a week on the last trading day of 2024, locking in gains for a fourth straight year and its best since 2021. The blue-chip FTSE 100 was up 0.6% in its best day in over a month, but recorded its only negative quarter in …
DUBLIN (Reuters) – A Ryanair flight bound for the Austrian capital Vienna had to land in the neighbouring Czech Republic late on Monday after encountering GPS problems and poor visibility, the company said. The Irish airline was responding to an Austrian media report that the flight from Riga had diverted to the Czech city of …
Ryanair flight to Austria diverted to Czech Republic after GPS issue Read More »
LONDON (Reuters) – Britain’s domestic energy price cap is expected to rise a further 3% in April, with geopolitical instability keeping wholesale energy prices high, analysts at Cornwall Insight said on Tuesday. The price cap is already set to rise by 1% in January and a further increase would be a blow to Britons hoping …
Britain’s energy price cap to rise 3% in April, Cornwall Insight says Read More »
By Harry Robertson LONDON (Reuters) – The pound was little changed on the final trading day of the year on Tuesday, leaving it on track to be the best performing major currency against the dollar this year as the UK economy has held up better than expected. Sterling has fallen 1.4% across the year as …
Steady sterling on track for best G10 performance against dollar in 2024 Read More »
(Reuters) – Italian shoemaker Geox plans to invest about 120 million euros ($125 million) as part of an industrial plan to 2029 and has signed a five-year deal with a leading Chinese operator to expand its presence in the country. The maker of breathable, waterproof footwear said in November it would end direct operations in …
Italian shoemaker Geox to invest $125 million in five-year plan Read More »
(Reuters) – Wizz Air on Tuesday said it had signed a new support agreement with defence and aerospace firm RTX’s Pratt & Whitney amid engine woes, adding that it expects 40 of its planes to stay grounded through fiscal year 2026. The low-cost Hungarian airline said Pratt & Whitney will provide commercial support, including operational …
Wizz Air says 40 planes to stay grounded through fiscal 2026 amid engine woes Read More »
