By Elizabeth Piper LONDON (Reuters) -British transport secretary Grant Shapps has condemned planned rail strikes as a “huge mistake” that will stop people attending hospital appointments, sitting school exams or getting to work. The action this week comes as British airports experience chaotic delays and last-minute cancellations and as many Britons also face a huge …
British minister condemns rail strikes as ‘huge mistake’ Read More »
(Reuters) – French IT company Atos has announced the departure of Chief Financial Officer Stéphane Lhopiteau days after a poorly received plan to split its operations and sell assets, set out last week along with the departure of CEO Rodolphe Belmer. Lhopiteau will leave in the second half of this year, Atos said on Sunday, …
Atos CFO Lhopiteau to exit as company pursues planned split Read More »
(Reuters) -Bitcoin tumbled more than 13% at one point on Saturday, crashing below the closely watched $20,000 level to its weakest level in 18 months, as it extended a slide on investor worries about growing troubles in the industry and the general pull-back from riskier assets. The digital currency sector has been pummeled this week …
Bitcoin slides below $20,000 to lowest level in 18 months Read More »
FRANKFURT (Reuters) – The European Central Bank should limit the rise in borrowing costs of more indebted euro zone members but will not solve their debt issues or let budget concerns dictate monetary policy, ECB policymaker Olli Rehn said on Saturday. In an emergency meeting this week, the ECB decided to direct bond reinvestment to …
FRANKFURT (Reuters) – Germany’s gas storage facilities were filled slightly overnight despite a major drop in Russian deliveries, the country’s network regulator said on Saturday, but it confirmed the situation around gas supplies remained “tense”. Gas storage levels stood at 56.67% on Saturday, up slightly from the 56.29% on Friday, Germany’s network regulator Bundesnetzagentur said …
German gas storage levels up slightly, situation remains ‘tense’ – regulator Read More »
ROME (Reuters) – Russia’s Gazprom has told Italy’s Eni that it would deliver similar gas supplies on Saturday to those it sent in recent days, Eni said in a statement, signalling a fourth consecutive daily shortfall. Eni said on Friday it would receive only half of the gas it had requested from Gazprom, while on …
Italy’s Eni reports fourth daily shortfall of Russian gas supplies Read More »
BAGHDAD (Reuters) – The common objective of the Organization of the Petroleum Exporting Countries and its non-OPEC partners has always been to maintain oil market stability, not to raise prices or bring them down, OPEC Secretary General Mohammad Barkindo said on Saturday. Asked whether bringing 9.7 million barrels a day back to the market according …
OPEC’s Barkindo says common objective with non-OPEC partners is market stability Read More »
LONDON (Reuters) – Businesses should do more to reduce prices in the coming months to help Britons struggling with rising inflation, the government’s cost of living tsar said, as a minister warned of the risk of “unrealistic expectations” over pay. Countries worldwide are battling cost-of-living levels not seen in decades, ratcheted up by the reopening …
Businesses must help cut cost of living, UK government adviser says Read More »
(Reuters) – Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP still remains its largest private shareholder despite having announced its departure in February after Moscow sent troops into Ukraine. Speaking at the St Petersburg International Economic Forum, Sechin, a long-standing ally of President Vladimir Putin, said BP also still …
CEO of Rosneft says BP still remains major stakeholder Read More »
LONDON (Reuters) – Britons will face widespread disruption across the railway network next week after a trade union said on Saturday talks had failed to avert plans for more than 50,000 workers to strike in a dispute over pay freezes and job cuts. The Rail, Maritime and Transport Workers (RMT) union said the walk outs …
UK rail union says talks have failed to avert strike next week Read More »
