(Reuters) – Russian utility Inter RAO said on Friday that pan-European exchange Nord Pool has sent a notification that it will stop trade operations for its subsidiaries from Sunday due to risks of failure to pay for power supplies from Russia. Inter R…
Ukrainian fighter’s wife hopes prisoner swap pans out with Russia
KYIV (Reuters) – As Ukrainian fighters left the Azovstal steelworks in Mariupol this week and ended their dramatic last stand against Russia’s siege, Mariia Zimareva tried in vain to spot her husband amid the flood of news pictures being published. The…
Czechs considering ‘all options’ regarding China’s 16+1 group
PRAGUE (Reuters) – The Czech Republic is considering “all options” concerning its engagement with the China-led 16+1 platform for cooperation with central and east European states, the Foreign Ministry said on Friday. Several past Czech governments as …
Thousands queue for petrol, gas in Sri Lanka amid warnings of food shortages
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Thousands of people queued for cooking gas and petrol in Sri Lanka’s commercial capital on Friday and Prime Minister Ranil Wickremesinghe warned of a food shortage as the island nation battle…
Italy expects to cap MPS cash call at $2.6 billion in latest plan -sources
By Valentina Za, Giuseppe Fonte and Pamela Barbaglia MILAN (Reuters) – Italy expects to cap Monte dei Paschi’s cash needs at around 2.5 billion euros ($2.6 billion) as it negotiates with European Union authorities a new strategic plan for the state-own…
Volkswagen supervisory board demands more ambitious software roadmap – sources
HAMBURG (Reuters) – Volkswagen’s supervisory board has called on management to present a reworked plan for the carmaker’s software division, which forms the backbone of its strategy but has run into problems, two people familiar with the matter said. T…
Gazprom says it will halt gas supplies to Finland, will contest arbitration
(Reuters) – Gazprom Export, the exporting arm of Russian gas giant Gazprom, confirmed on Friday it would suspend gas sales for Finnish state-owned gas wholesaler Gasum starting from Saturday. Gazprom Export said this was because Gasum had not paid it f…
H&M-backed project pilots CO2-capturing aprons at Stockholm restaurant
STOCKHOLM (Reuters) – A Stockholm restaurant crew is wearing cotton aprons that capture greenhouse gas from the air, in a pilot of a technique developed by H&M-backed researchers as the fashion industry struggles to lower its climate impact. The textil…
Japan, Europe tread different paths as G7 warns of inflation risks
By Leika Kihara and Francesco Canepa KOENIGSWINTER, Germany (Reuters) – Having long trod a similar path in tackling low inflation, Japan and Europe now appear to be taking contrasting approaches to monetary policy and the risks of rising prices, which …
Britain reduce COVID alert level as Omicron subsides
LONDON (Reuters) – Britain reduced its COVID-19 alert level from four to three on Friday, saying the Omicron-variant wave of the virus was subsiding and healthcare pressures continued to decrease in all nations. “Based on advice from UKHSA (UK Health S…