Reuters UK

MILAN (Reuters) – Italy will provide state guarantees to companies whose activity has been disrupted by the conflict in Ukraine covering between 70% and 90% of the financing they receive from lenders, a draft decree seen by Reuters showed on Monday. Un…

KYIV (Reuters) – Ukraine International Airlines (UIA), the country’s biggest carrier, said on Monday it had leased out its medium-haul Boeing 737-900 aircraft to Latvian carrier airBaltic to try to minimise its losses caused by Russia’s invasion of Ukr…

NEW YORK (Reuters) – The brief crash in Nordic markets on Monday was due to a single sell order placed by Citigroup, according to two sources familiar with the matter. The flash-crash, which caused European shares to suddenly fall on a day of holiday-t…

By Laura Sanicola (Reuters) -Oil prices reversed course to trade in positive territory on Monday on fears supply might be crimped by a potential European Union ban on Russian crude. Brent crude futures were up 7 cents, or 0.1%, to $107.21 a barrel at 1…

(Reuters) – Ukraine’s state budget for April will have a deficit of 89.7 billion hryvnias ($3.07 billion), the finance ministry said, as Russia’s invasion weighs heavily on the national economy. (Reporting by Kyiv bureau; Editing by Gareth Jones)

BRUSSELS (Reuters) – Using Moscow’s proposed scheme for foreign companies to pay for gas by enabling Russia to convert their payments into roubles would breach European Union sanctions, the bloc’s energy policy chief said on Monday. “Paying rubles thro…

By Sabrina Valle and Arathy Somasekhar HOUSTON (Reuters) -Oil major BP expects to double crude output from its Thunder Horse project in the U.S. Gulf of Mexico and inaugurate its latest production platform by the end of this year, a company executive s…

PARIS (Reuters) – French energy and environment minister Barbara Pompili said on Monday that European Union countries will continue to pay in euros or in dollars for Russian gas contracts that have been signed in those currencies. “We are all in agreem…

MILAN (Reuters) – The board of Generali on Monday reappointed Philippe Donnet as chief executive with 10 votes in favour out of 13, two sources said, after a group of rebel Italian investors seeking to oust him lost out in a shareholder vote last week….

By Tom Balmforth and Oleksandr Kozhukhar KYIV/LVIV (Reuters) -The European Union was preparing sanctions on Russian oil sales after a major shift on Monday by Germany, Russia’s biggest energy customer, that could deprive Moscow of a large revenue strea…