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Britishvolt Powers a Sustainable Future with Infor

Britishvolt Powers a Sustainable Future with Infor

LONDON – March 7, 2022 – Infor, the industry cloud company, today announced that battery pioneer Britishvolt, the UK’s foremost invest..

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Mar 7, 2022 · 4 min read

UK to set out new energy supply strategy as prices soar

UK to set out new energy supply strategy as prices soar

LONDON (Reuters) -Britain will set out a new energy supply strategy as the Russian invasion of Ukraine and subsequent rally in energy ..

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Mar 7, 2022 · 2 min read

German real yields fall to new record lows on stagflation fears

German real yields fall to new record lows on stagflation fears

By Stefano Rebaudo MILAN (Reuters) -Surging inflation expectations triggered by possible sanctions on Russian oil drove euro zone real..

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Mar 7, 2022 · 3 min read

Bloom UK celebrates 500 new members as it looks ahead to International Women’s Day and launches its 2022 mentoring scheme

Bloom UK celebrates 500 new members as it looks ahead to International Women’s Day and launches its 2022 mentoring scheme

The non-profit donated £92,000 to charity partner Women’s Aid last year and, with a significant rise in new members, plans to beat thi..

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Mar 7, 2022 · 3 min read

Russia blocks Facebook, accusing it of restricting access to Russian media

Russia blocks Facebook, accusing it of restricting access to Russian media

By Elizabeth Culliford (Reuters) – Russia is blocking Meta Platforms Inc’s Facebook, the country’s communications re..

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Mar 4, 2022 · 2 min read

BBC halts reporting in Russia after new law passes

BBC halts reporting in Russia after new law passes

LONDON (Reuters) – The BBC said on Friday it had stopped reporting in Russia after parliament passed a law there imposing a jail..

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Mar 4, 2022 · 4 min read

Shane Warne: the great who revived a fading art and inspired future leg spinners

Shane Warne: the great who revived a fading art and inspired future leg spinners

By Kanishka Singh (Reuters) – Former Australia captain and ‘voice of cricket’ Richie Benaud, who passed away in 2015..

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Mar 4, 2022 · 3 min read

U.S., allies slam Russia at U.N. over its seizure of Ukraine nuclear plant

U.S., allies slam Russia at U.N. over its seizure of Ukraine nuclear plant

By Humeyra Pamuk and Doina Chiacu (Reuters) -The United States and its allies heavily criticized Russia on Friday at the United Nation..

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Mar 4, 2022 · 2 min read

Russia seizes Ukraine nuclear power plant as forces lay siege to cities

Russia seizes Ukraine nuclear power plant as forces lay siege to cities

By Pavel Polityuk and Aleksandar Vasovic LVIV, Ukraine/KYIV (Reuters) -Russian forces in Ukraine seized Europe’s biggest nuclear..

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Mar 4, 2022 · 6 min read

Tesla’s long-delayed German gigafactory gets conditional green light

Tesla’s long-delayed German gigafactory gets conditional green light

By Nadine Schimroszik and Christoph Steitz POTSDAM, Germany (Reuters) -Tesla received a conditional go-ahead for its German gigafactor..

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Mar 4, 2022 · 3 min read

Coinbase, Binance resist calls to kick Russians off crypto platforms

Coinbase, Binance resist calls to kick Russians off crypto platforms

By Niket Nishant (Reuters) -Two of the world’s biggest cryptocurrency exchanges, Coinbase Global Inc and Binance, rejected calls..

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Mar 4, 2022 · 2 min read

Switzerland adopts new EU sanctions on Russia

Switzerland adopts new EU sanctions on Russia

ZURICH (Reuters) – The Swiss government on Friday widened sanctions against Russia in step with further measures imposed by the ..

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Mar 4, 2022 · 3 min read

Sterling falls 1% versus dollar, rises against euro

Sterling falls 1% versus dollar, rises against euro

LONDON (Reuters) – Sterling declined 1% to $1.3216 as the dollar strengthened against a basket of currencies on safe-haven deman..

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Mar 4, 2022 · 3 min read

Analysis-War in Ukraine puts pressure on East European banks to prop up sinking currencies

Analysis-War in Ukraine puts pressure on East European banks to prop up sinking currencies

By Gergely Szakacs and Alan Charlish BUDAPEST/WARSAW (Reuters) – Russia’s invasion of Ukraine is putting pressure on centr..

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Mar 4, 2022 · 4 min read

Lebanese bank closes over 30 British-held accounts after UK ruling-depositors’ group

Lebanese bank closes over 30 British-held accounts after UK ruling-depositors’ group

By Timour Azhari and Tom Perry BEIRUT (Reuters) – Lebanon’s Bank Audi has closed more than 30 accounts belonging to UK nat..

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Mar 4, 2022 · 4 min read

NATO rejects Ukraine no-fly zone, says ‘not part of this’ warBy Simon Lewis and Sabine Siebold BRUSSELS (Reuters) -NATO allies rejected Ukraine’s demand for no-fly zones on Friday, saying they were increasing support but that stepping in directly would lead to a broader, even more brutal European war so far limited to Russia’s assault on its neighbour. Ukraine, a former Soviet republic that wants to join the European Union and Western military alliance NATO, is not a currently a member of either. Support so far has come mainly in the form of far-reaching sanctions on Russia, with EU members on Friday saying more financial punishment was yet to come. “We are not part of this conflict,” NATO Secretary-General Jens Stoltenberg told a news conference. “We have a responsibility as NATO allies to prevent this war from escalating beyond Ukraine because that would be even more dangerous, more devastating and would cause even more human suffering.” Ukrainian President Volodymyr Zelenskiy has called for Western powers to enforce a no-fly zone since Moscow’s invasion started nine days ago, with Russia shelling cities and bringing fighting to Europe’s largest nuclear plant. In a video message earlier on Friday, Ukrainian Foreign Minister Dmytro Kuleba said NATO foreign ministers should not allow Putin to “turn Ukraine into Syria,” in reference to the devastating Russia-backed campaign against rebel cities in that country. “Act now before it’s too late,” he said in the message posted on Twitter. Stoltenberg said NATO understood Ukraine’s desperation, calling Russia’s war in Ukraine “horrific” and warning the worst was yet to come, with Russia rolling out more heavy arms. “But we also believe that if we did that (a no-fly zone) we would end up with something that could lead to a full-fledged war in Europe” involving many more countries, he said. NATO members have been sending arms to Ukraine, but stopped short of military action. Russia and NATO-members United States, Britain and France are all nuclear powers. The only way for NATO to implement a no-fly zone would be to send NATO planes to shoot down Russian ones, Stoltenberg said, adding that the risk of escalation would be too big. “Allies agree we should not have NATO planes operating over Ukrainian airspace or NATO troops operating in Ukrainian territory,” he said. U.S. Secretary of State Antony Blinken said the alliance would defend “every inch” of NATO territory from attack. “Ours is a defensive alliance. We seek no conflict. But if conflict comes to us, we are ready,” Blinken said. MORE EU SANCTIONS Instead of a military presence in Ukraine, European Union countries – most of them also NATO members – said they were eyeing more economic sanctions to add to coordinated restrictions that have already targeted Russia’s financial system and elites. EU officials are examining curbs on Russia’s influence and access to finance at the International Monetary Fund following its invasion of Ukraine, six officials told Reuters. The bloc’s top diplomat Josep Borrell said that all options remained on the table with regard to new sanctions. It was not immediately clear, however, when the 27-nation EU would be able to agree on exact measures given member states’ divisions on doing business with Moscow and some countries’ heavy reliance on Russian energy supplies. “We will consider everything,” Borrell told reporters when asked about the possible suspension of the EU’s gas imports from Russia, which think-tank Eurointelligence said amount to $700 million daily even during the war. Ireland’s Foreign Minister Simon Coveney said no new sanctions would be announced on Friday but that a fourth round could affect more Russian banks’ access to the SWIFT international transfer system, bar Russian ships from European ports and cut imports like steel, timber, aluminium or coal. Putin launched his “special military operation” to get rid of what he said was Ukraine’s fascist government and demilitarize the country. Zelenskiy says Moscow is trying to prevent a liberal democracy flourishing on Russia’s border. Russian invasion forces seized Europe’s biggest nuclear power plant on Friday in heavy fighting in southeastern Ukraine, triggering global alarm, but a huge blaze in a training building has been extinguished and officials said the facility was now safe. “This is not just about Ukraine and Russia,” Ireland’s Coveney said. “It’s about all of us who live on the continent of Europe, who could potentially be impacted by an accident or a breach of that facility.” (Reporting by Sabine Siebold, Bart Meijer, Francesco Guarascio, Philip Blenkinsop, John Irish, Simon Lewis, Marine Strauss, Writing by Gabriela Baczynska and Ingrid Melander; Editing by Frank Jack Daniel)

NATO rejects Ukraine no-fly zone, says ‘not part of this’ warBy Simon Lewis and Sabine Siebold BRUSSELS (Reuters) -NATO allies rejected Ukraine’s demand for no-fly zones on Friday, saying they were increasing support but that stepping in directly would lead to a broader, even more brutal European war so far limited to Russia’s assault on its neighbour. Ukraine, a former Soviet republic that wants to join the European Union and Western military alliance NATO, is not a currently a member of either. Support so far has come mainly in the form of far-reaching sanctions on Russia, with EU members on Friday saying more financial punishment was yet to come. “We are not part of this conflict,” NATO Secretary-General Jens Stoltenberg told a news conference. “We have a responsibility as NATO allies to prevent this war from escalating beyond Ukraine because that would be even more dangerous, more devastating and would cause even more human suffering.” Ukrainian President Volodymyr Zelenskiy has called for Western powers to enforce a no-fly zone since Moscow’s invasion started nine days ago, with Russia shelling cities and bringing fighting to Europe’s largest nuclear plant. In a video message earlier on Friday, Ukrainian Foreign Minister Dmytro Kuleba said NATO foreign ministers should not allow Putin to “turn Ukraine into Syria,” in reference to the devastating Russia-backed campaign against rebel cities in that country. “Act now before it’s too late,” he said in the message posted on Twitter. Stoltenberg said NATO understood Ukraine’s desperation, calling Russia’s war in Ukraine “horrific” and warning the worst was yet to come, with Russia rolling out more heavy arms. “But we also believe that if we did that (a no-fly zone) we would end up with something that could lead to a full-fledged war in Europe” involving many more countries, he said. NATO members have been sending arms to Ukraine, but stopped short of military action. Russia and NATO-members United States, Britain and France are all nuclear powers. The only way for NATO to implement a no-fly zone would be to send NATO planes to shoot down Russian ones, Stoltenberg said, adding that the risk of escalation would be too big. “Allies agree we should not have NATO planes operating over Ukrainian airspace or NATO troops operating in Ukrainian territory,” he said. U.S. Secretary of State Antony Blinken said the alliance would defend “every inch” of NATO territory from attack. “Ours is a defensive alliance. We seek no conflict. But if conflict comes to us, we are ready,” Blinken said. MORE EU SANCTIONS Instead of a military presence in Ukraine, European Union countries – most of them also NATO members – said they were eyeing more economic sanctions to add to coordinated restrictions that have already targeted Russia’s financial system and elites. EU officials are examining curbs on Russia’s influence and access to finance at the International Monetary Fund following its invasion of Ukraine, six officials told Reuters. The bloc’s top diplomat Josep Borrell said that all options remained on the table with regard to new sanctions. It was not immediately clear, however, when the 27-nation EU would be able to agree on exact measures given member states’ divisions on doing business with Moscow and some countries’ heavy reliance on Russian energy supplies. “We will consider everything,” Borrell told reporters when asked about the possible suspension of the EU’s gas imports from Russia, which think-tank Eurointelligence said amount to $700 million daily even during the war. Ireland’s Foreign Minister Simon Coveney said no new sanctions would be announced on Friday but that a fourth round could affect more Russian banks’ access to the SWIFT international transfer system, bar Russian ships from European ports and cut imports like steel, timber, aluminium or coal. Putin launched his “special military operation” to get rid of what he said was Ukraine’s fascist government and demilitarize the country. Zelenskiy says Moscow is trying to prevent a liberal democracy flourishing on Russia’s border. Russian invasion forces seized Europe’s biggest nuclear power plant on Friday in heavy fighting in southeastern Ukraine, triggering global alarm, but a huge blaze in a training building has been extinguished and officials said the facility was now safe. “This is not just about Ukraine and Russia,” Ireland’s Coveney said. “It’s about all of us who live on the continent of Europe, who could potentially be impacted by an accident or a breach of that facility.” (Reporting by Sabine Siebold, Bart Meijer, Francesco Guarascio, Philip Blenkinsop, John Irish, Simon Lewis, Marine Strauss, Writing by Gabriela Baczynska and Ingrid Melander; Editing by Frank Jack Daniel)

By Simon Lewis and Sabine Siebold BRUSSELS (Reuters) -NATO allies rejected Ukraine’s demand for no-fly zones on Friday, saying t..

Headlines

Mar 4, 2022 · 4 min read

Russia’s offer to foreign firms: stay, leave or hand over the keys

Russia’s offer to foreign firms: stay, leave or hand over the keys

MOSCOW (Reuters) -Companies around the globe grappled with a dilemma over what to do with their Russian investments on Friday as Mosco..

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Mar 4, 2022 · 5 min read

Ukraine to confront Russia at Int’l Court of Justice on Monday

Ukraine to confront Russia at Int’l Court of Justice on Monday

THE HAGUE (Reuters) – Ukraine and Russia will face off Monday at the International Court of Justice (ICJ) in a hearing on emerge..

Headlines

Mar 4, 2022 · 3 min read

Oil steadies from decade-highs as Iran talks kindle supply hopes

Oil steadies from decade-highs as Iran talks kindle supply hopes

By Marcy de Luna HOUSTON (Reuters) – Oil steadied after hitting prices not seen in roughly a decade on Thursday, as sellers jump..

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Mar 3, 2022 · 4 min read

Russian ETF jumps as some sense bargains in ‘uninvestable’ market

Russian ETF jumps as some sense bargains in ‘uninvestable’ market

By Danilo Masoni MILAN (Reuters) – A Russia-exposed ETF rose by more than 100% in London on Thursday in a sign that some investo..

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Mar 3, 2022 · 3 min read

Ukraine demands ceasefire, humanitarian corridors at talks with Russians

Ukraine demands ceasefire, humanitarian corridors at talks with Russians

By Maksym Levin and Pavel Polityuk BORODYANKA/LVIV, Ukraine (Reuters) – Ukrainian negotiators at talks with Russian officials on..

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Mar 3, 2022 · 6 min read

Stocks slide as oil surge rattles inflation fears

Stocks slide as oil surge rattles inflation fears

By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Oil prices soared again on Thursday as the Ukraine war sparked a ru..

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Mar 3, 2022 · 4 min read

Google mandates workers back to Silicon Valley, other offices from April 4

Google mandates workers back to Silicon Valley, other offices from April 4

By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google from April 4 will require employees back about three days..

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Mar 3, 2022 · 2 min read

Generali pulls back from Russia, Intesa reviews business

Generali pulls back from Russia, Intesa reviews business

MILAN (Reuters) – Leading Italian insurer Generali is set to pull out of its operations in Russia following Moscow’s invas..

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Mar 3, 2022 · 2 min read

Analysis-Crypto exchanges won’t bar Russians, raising fears of sanctions backdoor

Analysis-Crypto exchanges won’t bar Russians, raising fears of sanctions backdoor

By Tom Wilson LONDON (Reuters) – Some of the world’s biggest cryptocurrency exchanges are staying put in Russia, breaking ..

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Mar 3, 2022 · 5 min read

Analysis-After sanctions barrage, Russia’s emerging market allies explore workarounds

Analysis-After sanctions barrage, Russia’s emerging market allies explore workarounds

SHANGHAI (Reuters) – As western governments ratchet up sanctions against Russia over its invasion of Ukraine, Moscow’s eme..

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Feb 28, 2022 · 5 min read

Ukraine asks for South Korea cybersecurity aid amid Russia invasion

Ukraine asks for South Korea cybersecurity aid amid Russia invasion

By Hyonhee Shin SEOUL (Reuters) – The top Ukraine official in South Korea said on Friday that his country wants to request Seoul..

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Feb 25, 2022 · 2 min read

Dollar surges as Russia invades Ukraine

Dollar surges as Russia invades Ukraine

By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar jumped and the Russian rouble tumbled to a record low on Thursday afte..

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Feb 24, 2022 · 2 min read

Europe’s banks brace for Russia fallout while U.S. banks see limited pain

Europe’s banks brace for Russia fallout while U.S. banks see limited pain

By Lawrence White, Alexandra Schwarz-Goerlich and Pete Schroeder WASHINGTON/VIENNA/LONDON (Reuters) -European banks on Tuesday were br..

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Feb 24, 2022 · 5 min read

Markets pricing some geopolitics, but risk premia can grow further -Goldman

Markets pricing some geopolitics, but risk premia can grow further -Goldman

By Joice Alves LONDON (Reuters) -Global markets are already pricing chunky geopolitical risks, but there is scope for risk premia to r..

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Feb 22, 2022 · 2 min read

Financial think-tank calls for regulated ESG ratings in Britain

Financial think-tank calls for regulated ESG ratings in Britain

By Huw Jones LONDON (Reuters) – Britain should regulate sustainability ratings on companies to improve transparency, reduce the ..

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Feb 21, 2022 · 2 min read

COVID-hit Queen Elizabeth sends message to Brazil

COVID-hit Queen Elizabeth sends message to Brazil

LONDON (Reuters) – Britain’s Queen Elizabeth sent a message of condolence to Brazil on Monday as she continued to carry ou..

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Feb 21, 2022 · 2 min read

Factbox-Britain scraps all remaining COVID-19 restrictions

Factbox-Britain scraps all remaining COVID-19 restrictions

LONDON (Reuters) – British Prime Minister Boris Johnson on Monday announced the government would remove all remaining coronaviru..

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Feb 21, 2022 · 2 min read

EU will consider making countries fill gas storage – energy chief

EU will consider making countries fill gas storage – energy chief

By Isla Binnie MADRID (Reuters) – The European Union will consider whether to require member states to fill their natural gas st..

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Feb 21, 2022 · 2 min read

Worker shortage jeopardises Spain’s EU-funded recovery plan

Worker shortage jeopardises Spain’s EU-funded recovery plan

By Corina Pons and Belén Carreño MADRID (Reuters) – When Spain’s decade-long housing boom spectacularly bust in 2008, some..

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Feb 17, 2022 · 6 min read

Exclusive-Short AstraZeneca shelf life complicates COVID vaccine rollout to world’s poorest

Exclusive-Short AstraZeneca shelf life complicates COVID vaccine rollout to world’s poorest

By Francesco Guarascio and Jennifer Rigby BRUSSELS/LONDON (Reuters) – The relatively short shelf life of AstraZeneca Plc’s..

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Feb 16, 2022 · 6 min read

Kraft Heinz plans more price hikes as sales, earnings beat estimates

Kraft Heinz plans more price hikes as sales, earnings beat estimates

By Deborah Mary Sophia and Mehr Bedi (Reuters) -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiment..

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Feb 16, 2022 · 2 min read