Reuters UK

By Florence Tan and Sabrina Valle (Reuters) -Exxon Mobil Corp said on Wednesday that its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations, where it has become increasingly difficult to ship crude due to sanctions…

By Chris Prentice and Tommy Wilkes WASHINGTON/LONDON (Reuters) -Wall Street rose in choppy trade on Wednesday on a boost from strong earnings reports from Microsoft and Visa, as commodity stocks kept European shares buoyant. The euro dropped to its wea…

By Tsvetelia Tsolova and Anna Koper SOFIA/WARSAW (Reuters) -Russia’s Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their refusal to pay in roubles, cranking up an economic war with Europe in response to Western sanctions imposed …

By Tom Hals (Reuters) -A U.S. judge slammed Elon Musk on Wednesday for trying to escape a settlement with regulators requiring oversight of his Tesla Inc tweets, saying the billionaire was “bemoaning” the 2018 deal now that he felt Tesla was “invincibl…

LONDON (Reuters) -British finance minister Rishi Sunak was found on Wednesday to have adhered to rules on conflicts of interest and the ministerial code in his and his family’s financial affairs, which had attracted sharp political and media criticism….

PARIS (Reuters) – Supply chain disruptions and the war in Ukraine could curb global wine trade after it rebounded last year to a record level as countries eased coronavirus-related restrictions, international wine body OIV said on Wednesday. World wine…

LONDON (Reuters) – British police on Wednesday raided addresses of commodities tycoon Sanjeev Gupta’s GFG Alliance, demanding documents such as company balance sheets, annual reports and other correspondence in an operation coordinated by the Serious F…

(Reuters) -Sterling fell to a fresh 21-month low versus the dollar on Wednesday as Britain’s weak economic outlook and higher than expected government borrowing dented the Bank of England’s (BoE) monetary tightening narrative. Money markets have been s…

By David Milliken LONDON (Reuters) – Extra trade barriers created by Britain’s exit from the European Union and subsequent trade agreement have added 6% to the cost of food, researchers from the London School of Economics and other universities estimat…

(Reuters) -Renault will transfer its 68% stake in Russia’s biggest carmaker Avtovaz to an auto research institute for one symbolic rouble, Russia said on Wednesday, the latest example of local institutions snapping up bargains as Western firms flee. Th…