Reuters UK

KYIV (Reuters) -Ukraine on Thursday held a preliminary hearing in its first trial of a Russian soldier charged with raping a Ukrainian woman during Russia’s invasion, the first of what could be dozens of such cases. The suspect, Mikhail Romanov, 32, wh…

BRUSSELS (Reuters) – European Union countries have so far been able to compensate for reduced gas supply from Russia, but are increasing preparation in case of further supply cuts, the European Commission said on Thursday. “According to our exchange wi…

BERLIN (Reuters) – Military aircraft engine maker MTU said on Thursday it hopes for “at least a maintenance deal” as Germany replaces its ageing Tornado fighter jet fleet with F-35 steel bombers from Lockheed Martin. MTU, which is working with the F-35…

LONDON (Reuters) – British Airways staff at London’s Heathrow voted on Thursday in favour of a strike for better pay, threatening disruption at Britain’s busiest airport during an already chaotic summer for air travellers. The GMB union said 95% of tho…

By Laila Kearney NEW YORK (Reuters) -Oil prices fell by more than $2 a barrel on Thursday in volatile trading as investors weighed the risk that rising U.S. interest rates could trigger a recession and cut demand for fuel. Brent crude futures fell $2.2…

By Boleslaw Lasocki (Reuters) – UK’s FTSE 100 dropped on Thursday, following a selloff in oil and mining majors due to tepid commodity prices on persisting concerns about a global recession. The blue-chip FTSE 100 ended 1% lower, with oil majors BP and…

BRUSSELS (Reuters) – A dozen European Union countries have been affected by cuts to gas supply from Russia, EU climate policy chief Frans Timmermans said on Thursday. Timmermans said ten of the EU’s 27 member countries have issued an “early warning” on…

By Valentina Za and Silvia Ognibene SIENA, Italy (Reuters) – Italy’s Monte dei Paschi di Siena (MPS) is to seek 2.5 billion euros ($2.6 billion) in cash to fund a new strategy, as the bailed-out bank aims to triple its net profit in the next three year…

LONDON (Reuters) – British government borrowing in May, the second month of the financial year, totalled 13.99 billion pounds ($17.15 billion), the Office for National Statistics said on Thursday. Economists polled by Reuters had a median forecast of 1…

By Jarrett Renshaw and Stephanie Kelly (Reuters) – U.S. President Joe Biden rarely mentions electric car maker Tesla Inc in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) t…