LONDON (Reuters) – Watching pornography would be unacceptable in any workplace, British Prime Minister Boris Johnson said on Thursday when asked about an investigation into allegations a lawmaker was seen watching explicit videos on his phone in the Ho…
Saint-Gobain posts record sales in quarter, flags rising costs
(Reuters) – French construction materials group Saint-Gobain on Thursday posted record first-quarter sales but flagged the higher impact of energy and raw material costs in 2022 amid a challenging geopolitical situation and supply chain issues. Saint-G…
Italy orders mask wearing for some indoor venues until mid-June
ROME (Reuters) – Face masks will remain compulsory in Italy on public transport and in some indoor venues until June 15, the health minister said on Thursday, as one of the country’s hardest hit by COVID delayed an end to pandemic restrictions. Masks w…
Analysis-Banks lag bond yield surge as recession worries trump cheap valuations
By Danilo Masoni MILAN (Reuters) – Expectations of rising interest rates have failed to lift valuations of European bank shares languishing at near two-decade lows as a worsening growth outlook weighs on the broader finance industry. Rising bond yields…
Elon Musk’s early Twitter stock buy under FTC scrutiny -The Information
(Reuters) -Tesla Inc Chief Executive Elon Musk’s initial 9% stake purchase in Twitter Inc is being probed by the Federal Trade Commission (FTC), The Information reported on Thursday. The FTC is looking into whether Musk complied with an antitrust repor…
US says Russia plans fake independence votes in seized Ukraine territory
By Natalia Zinets KYIV (Reuters) – The United States accused Russia on Thursday of planning to stage fake independence votes to justify its conquest of territory in Ukraine, as Russian forces stepped up a major offensive in the east. Responding to repe…
Europe struggles for clarity on Russia’s roubles-for-gas scheme
By Kate Abnett and Francesco Guarascio BRUSSELS (Reuters) – The European Commission on Thursday warned buyers of Russian gas they could breach sanctions if they converted gas payments into roubles, as officials struggled to clarify the EU’s stance on M…
Britain delays post-Brexit import controls until late 2023
LONDON (Reuters) – Britain has delayed imposing post-Brexit import controls on goods from the European Union until the end of next year, saying retailers were facing too many other cost pressures and it did not want to risk adding more fuel to inflatio…
Putin set to dig in like a ‘cancerous growth’ in Ukraine-UK’s Wallace
LONDON (Reuters) – Russian President Vladimir Putin may seek to consolidate what he has got in Ukraine and dig in, like a “cancerous growth” within the country, British Defence Secretary Ben Wallace said on Thursday. “You can see in his current stateme…
Britain’s Sainsbury’s warns of lower profit as inflation hits
LONDON (Reuters) -British supermarket group Sainsbury’s followed market leader Tesco in warning of lower profit for the current year due to soaring inflation, taking the shine off a more than doubling in profit for its 2021-22 year. Sainsbury’s said on…