EU executive proposes eighth batch of sanctions against Russia

EU executive proposes eighth batch of sanctions against Russia

EU states start negotiating new package of Russia sanctions 27 member countries split on oil price cap Ukraine: It’s needed to stop ‘blood money’ flowing to Russia BRUSSELS, Sept 28 (Reuters) – The European Union executive proposed on Wednesday an eighth round of sanctions against Russia over its invasion of Ukraine, including tighter trade restrictions, … Read more

Airbus slams sceptical supplier Raytheon over jet output

Airbus slams sceptical supplier Raytheon over jet output

Register now for FREE unlimited access to Reuters.com Register PARIS, Sept 23 (Reuters) – Europe’s Airbus (AIR.PA) clashed on Friday with U.S. giant Raytheon Technologies (RTX.N) over plans for a record leap in jetliner output, after the industry’s largest contractor questioned whether a battered supply chain could keep up. The world’s largest planemaker said it … Read more

France sets minimum delivery fee for online book orders

France sets minimum delivery fee for online book orders

Books are displayed on a table at “La Librairie du Canal” bookstore in Paris as French lawmakers voted a draft bill aiming at stopping Amazon from offering free delivery for books and at protecting traditional bookshops from competition, France, October 21, 2021. REUTERS/Sarah Meyssonnier Register now for FREE unlimited access to Reuters.com Register PARIS, Sept … Read more

Fed feeds recession fears, Japan steps in to support yen

Fed feeds recession fears, Japan steps in to support yen

Fed surprises with aggressive hike projections Japan intervenes in FX as dollar/yen breaks 145 Central bank bonanza as UK, Switzerland and Norway hike LONDON, Sept 22 (Reuters) – World stocks were close to a two-year low and Japan was forced to intervene to prop up the yen for the first time since 1998 on Thursday … Read more

EU ministers agree to press ahead with new Russia sanctions

EU ministers agree to press ahead with new Russia sanctions

Russian President Vladimir Putin attends a meeting with heads of the country’s leading engineering schools and their industrial partners in the city of Veliky Novgorod, Russia, September 21, 2022. Sputnik/Gavriil Grigorov/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept 21 (Reuters) – European Union foreign ministers agreed on Wednesday … Read more

Europe burns cash to help businesses in energy crisis

Europe burns cash to help businesses in energy crisis

Register now for FREE unlimited access to Reuters.com Register European gas prices have soared amid Ukraine crisis Utilities face liquidity crunch Germany will ‘do everything possible’ to help firms Russian mobilisation triggers oil price jump BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalised gas importer Uniper (UN01.DE) on Wednesday and Britain said it would halve energy … Read more

Taking swipe at Russia, Macron says fence sitters need to wake up

Taking swipe at Russia, Macron says fence sitters need to wake up

France’s President Emmanuel Macron addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 20, 2022. REUTERS/Amr Alfiky Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept 20 (Reuters) – French President Emmanuel Macron accused Russia of a modern day imperialism that was … Read more

Hurricane Fiona slams Turks and Caicos as Category 3 storm, heads for Bermuda

Hurricane Fiona slams Turks and Caicos as Category 3 storm, heads for Bermuda

SAN JUAN, Puerto Rico, Sept 20 (Reuters) – Hurricane Fiona slammed into the Turks and Caicos Islands as a powerful Category 3 storm on Tuesday, dumping heavy rains and triggering floods on the Caribbean archipelago after cutting a path of destruction through the Dominican Republic and Puerto Rico. U.S. officials said the storm had claimed … Read more

Hurricane Fiona seen intensifying after slamming Dominican Republic, Puerto Rico

Hurricane Fiona seen intensifying after slamming Dominican Republic, Puerto Rico

SAN JUAN, Puerto Rico/Santo Domingo, Sept 19 (Reuters) – Hurricane Fiona was churning north on Monday evening after bringing torrential rain and powerful winds to the Dominican Republic and triggering a total power outage in neighboring Puerto Rico, where at least two people died. The Category 2 hurricane will likely become a Category 3 as … Read more

Europe races to prepare for energy crunch this winter

Europe races to prepare for energy crunch this winter

Spain may shut energy-intensive industries at peak times France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/PARIS, Sept 19 (Reuters) – European governments outlined new measures on Monday to cope with potential energy shortages this winter and raced to improve energy … Read more