Gas supply crisis in Europe worsens after Russia imposes sanctions

Russia imposes sanctions on European companies affiliated with Gazprom The Polish operator of the Yamal-Europe division was also affected Germany loses 10 million cubic meters per day of gas supply Dutch gas prices closed 12% higher BERLIN (Reuters) – Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on … Read more

A closer look: China’s Xiaomi launches investigations into India’s main market

A man walks past the logo of Xiaomi, the Chinese consumer electronics manufacturer, outside a store in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register NEW DELHI (Reuters) – Chinese smartphone giant Xiaomi Corp (1810.HK) It faces legal problems in India as a federal financial crime … Read more

NATO welcomes Nordic members as Ukraine pushes Russian forces back

Finland expected to announce its attempt to join NATO Ukraine stops the main route for transporting Russian gas to Europe Russia imposes sanctions on Gazprom units in Europe and the United States Ukrainian forces seek to cut Russian supply lines on the battlefield Kyiv/BRUSSELS (Reuters) – Finland is expected to announce on Thursday its intention … Read more

Explainer: Can Elon Musk renegotiate a lower price for his Twitter deal?

May 11 (Reuters) – Twitter Inc (TWTR.N) Shares have fallen to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions about whether the world’s richest person would try to renegotiate the deal. On Tuesday, the implied probability of closing the deal … Read more

Ukraine halts transport of major Russian gas to Europe, blaming Moscow

Gas pipelines at the Atamanskaya compressor station, a facility of the Gazprom Power of Siberia project outside the far eastern town of Svobodny, in the Amur region, Russia, November 29, 2019. REUTERS/Maxim Shemetov. Register now to get free unlimited access to Reuters.com Register Kyiv/LONDON (Reuters) – Ukraine said on Tuesday it would suspend the flow … Read more

Disney Will Save Next Streaming Scale After Netflix Decline

A smartphone with the “Disney” logo appears on the keyboard in front of the words “Streaming service” displayed in this illustration taken on March 24, 2020. REUTERS / Dado Ruvic Register now to get free unlimited access to Reuters.com Register LOS ANGELES, May 9 (Reuters) – The Walt Disney Company (DIS.N) The streaming TV business … Read more

Exclusive Germany is preparing a crisis plan for a sudden end to Russian gas – sources

BERLIN (Reuters) – Three people familiar with the matter told Reuters that German officials were quietly preparing for any sudden stop in Russian gas supplies with an emergency package that could include taking control of important companies. The preparations led by the Ministry of Economic Affairs show the growing alert over the gas supplies that … Read more

US profit outlook weakens as companies assess inflation risks

NEW YORK (Reuters) – As first-quarter earnings in the United States near their final stage, corporate growth forecasts for the current quarter and 2022 are mostly falling as oil and other supplies costs rise and interest rates rise. Sky-high oil boosted expectations for earnings for energy companies while fueling concerns about profit margins for many … Read more

Japan should take time to phase out Russian oil imports, says PM Kishida

Japanese Prime Minister Fumio Kishida delivers a speech at Guildhall in London, Britain, May 5, 2022. REUTERS/Peter Nichols Register now to get free unlimited access to Reuters.com Register TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Monday it would take time for Japan to phase out Russian oil imports after agreeing a ban … Read more