By Anisha Sircar (Reuters) -European shares were little changed on Wednesday, as a rise in defensive stocks countered worries over a looming energy crisis and gloomy growth outlook, while hawkish comments from some U.S. Federal Reserve officials also kept sentiment in check. The pan-European STOXX 600 was flat in choppy early trade, hovering near one-month …
European bourses flat as defensive stocks offset growth fears Read More »
LONDON (Reuters) -Britain’s imports of goods from Russia fell to their lowest level in June since records began 25 years ago, driven largely by sanctions on Moscow in response to its invasion of Ukraine, official data showed on Wednesday. The Office for National Statistics (ONS) said imports of goods from Russia were 33 million pounds …
Sanctions drive British imports from Russia to record low in June Read More »
By Mathieu Rosemain PARIS (Reuters) – Google has breached a European Union court ruling by sending unsolicited advertising emails directly to the inbox of Gmail users, Austrian advocacy group noyb.eu said on Wednesday in a complaint filed with France’s data protection watchdog. The Alphabet unit, whose revenues mainly come from online advertising, should ask Gmail …
Privacy complaint targets Google over unsolicited ad emails Read More »
By Tom Wilson and Samuel Indyk (Reuters) – Sterling was steady against the dollar on Wednesday, holding above a 2-1/2 year low touched a day earlier after data added to signs that a recession may be looming in Britain. The pound was flat versus the dollar at $1.1829 by 0840 GMT, after recovering slight losses …
By Tommy Wilkes, Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Another dramatic spike in natural gas prices appears to have ended any hopes that Europe’s inflation battle is set to ease, with financial markets now bracing for higher prices, a faster pace of interest rate hikes and a deeper economic downturn. Just a few …
Analysis-‘New shock’ for European markets as gas price spike fuels inflation fears Read More »
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – The rouble eased on Wednesday but still traded near 60 against the dollar as it retained some support from month-end tax payments that prompt export-focused firms to step up conversion of foreign currency, while stock …
By Joan Faus and Graham Keeley MADRID (Reuters) -A $75-million superyacht linked to a sanctioned Russian steel billionaire was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first sale of its kind since Russia invaded Ukraine in February. The Axioma was impounded by the Gibraltar authorities in March …
Superyacht linked to sanctioned Russian oligarch is auctioned in Gibraltar Read More »
By Andreas Rinke and Steve Scherer STEPHENVILLE, Newfoundland (Reuters) – Germany hopes Canadian liquefied natural gas (LNG) will help ease its shift away from Russian gas imports, Chancellor Olaf Scholz said on Tuesday, a day after Canada played down the economic viability and speed of setting up new export terminals. Also on the final day …
Germany touts possible ‘major role’ for Canadian LNG in shift away from Russia Read More »
FRANKFURT (Reuters) -German carmakers Volkswagen and Mercedes-Benz struck battery materials cooperation agreements with mineral-rich Canada on Tuesday, intensifying efforts to secure access to lithium, nickel and cobalt. The move comes as automakers roll out their electric-vehicle expansion strategies globally in a bid to challenge sector leader Tesla. These strategies depend on sufficient supplies of vital …
Volkswagen, Mercedes-Benz team up with Canada in battery materials push Read More »
SAO PAULO (Reuters) – Energy infrastructure company Orion-E has reached an agreement with energy trader Bolt to build solar photovoltaic plants in Brazil with a combined capacity of 500 megawatts (MW), a company executive said on Tuesday. The solar venture is expected to cost around 3.2 billion reais ($627.49 million) in investments and will be …
Bolt, Orion-E to build solar plants in Brazil for about $630 million Read More »
