(Reuters) – European Union’s embargo on oil imports from Russia may result in significant shortages of oil and oil products in Europe, Russian Deputy Prime Minister Alexander Novak said on Thursday, also calling the cooperation with OPEC+ “effective”. …
U.S. targets yachts, cellist linked to Putin over Russia’s war in Ukraine
(Refiling to fix typographical error in first paragraph to make it “at punishing” instead of “a punishing”) By Simon Lewis and Doina Chiacu WASHINGTON (Reuters) -The Biden administration on Thursday issued a raft of new sanctions aimed at punishing Rus…
UK’s Prince Andrew tests positive for COVID, to miss Jubilee service
LONDON (Reuters) -Britain’s Prince Andrew has tested positive for COVID-19 and will miss a thanksgiving service being held for Queen Elizabeth on Friday to mark her 70 years on the throne, a Buckingham Palace spokesperson said. Andrew, the queen’s seco…
Ukraine files treason case against Putin ally
KYIV (Reuters) – Ukraine’s State Bureau of Investigation has completed a pre-trial investigation into pro-Russian politician Viktor Medvedchuk, who is accused of treason, and it has filed the case to court, the law enforcement agency said on Thursday. …
Yemen warring parties agree to extend truce for two months -U.N
By Aziz El Yaakoubi RIYADH (Reuters) -Yemen’s warring parties agreed to extend a U.N.-brokered truce for two months under the same terms as the original deal that was due to expire on Thursday, the U.N. envoy to Yemen said. Delegations from the Saudi-b…
‘Nein danke’: Musk’s office ultimatum faces pushback in Germany
BERLIN (Reuters) – Elon Musk’s demand that Tesla staff stop “phoning it in” and get back to the office got short shrift from Germany’s largest trade union on Thursday. The Tesla chief executive waded into the future of work debate by telling staff at t…
Microsoft cuts quarterly forecast for revenue, profit on forex hit
(Reuters) -Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, citing a hit from a stronger dollar, sending the tech giant’s shares down 3%. The dollar has climbed about 14% against a basket of currencies over the last ye…
Alleged spy extradited to Germany over 2017 Cold War-style abduction – prosecutor
BERLIN (Reuters) – A man suspected of involvement in the high-profile kidnapping of a Vietnamese businessman in Berlin in 2017 has been extradited to Germany from the Czech Republic, the German federal prosecutor’s office said on Thursday. The suspect,…
Queen Elizabeth gets Jubilee gift of a horse from France’s Macron
PARIS (Reuters) -President Emmanuel Macron has given Queen Elizabeth a horse belonging to the French Republican Guard to mark her jubilee, describing the monarch as the “golden thread” that had bound France and Britain during her 70-year reign. Macron …
Oil rises after U.S. crude drawdowns, supply tightness
By Laura Sanicola (Reuters) -Oil prices edged higher on Thursday after U.S. crude inventories fell more than expected amid high demand for fuel and OPEC+ agreed to boost crude output to compensate for a drop in Russian production. U.S. crude oil stockp…