By Giuseppe Fonte ROME (Reuters) -Many Italian energy companies appear not to have paid an initial windfall tax payment due by the end of June, leaving the government facing a revenue shortfall of more than 9 billion euros ($9.2 billion), a Treasury do…
Russia accuses U.S. of direct Ukraine war role, grain ship anchors off Turkish coast
By Can Sezer and Orhan Coskun ISTANBUL/LONDON (Reuters) -Russia on Tuesday accused the United States of direct involvement in the Ukraine war while the first ship carrying Ukrainian grain to world markets since Moscow’s invasion anchored safely off Tur…
Oil up 2% on supply worries ahead of OPEC+ meeting
By Scott DiSavino NEW YORK (Reuters) – Oil futures rose about 2% on Tuesday as traders worried that this week’s meeting of OPEC+ producers may not lead to a further boost in crude supply. The Organization of the Petroleum Exporting Countries and allies…
U.S. FAA issues new safety directive on Boeing 777 airplanes
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) on Tuesday issued an airworthiness directive for all Boeing 777 airplanes over safety concerns. The directive was prompted by high electrical resistance within the gust…
U.S. must remember vow to support Taiwan, Pelosi says in Washington Post
WASHINGTON (Reuters) – The United States must remember its vow “to support the defense of Taiwan” as its democracy remains “under threat” from China, U.S. House Speaker Nancy Pelosi said in a Washington Post opinion piece published on Tuesday, moments …
More than 1,400 London bus drivers to vote over strike action
LONDON (Reuters) – More than 1,400 bus drivers in north London employed by bus operator Arriva will be balloted for strike action in a dispute over pay, the Unite union said on Tuesday, in Britain’s latest industrial dispute. The ballot opens on Friday…
Marriott beats estimates on travel demand recovery
NEW YORK (Reuters) -Marriott International Inc on Tuesday topped Wall Street estimates for revenue and profit in the second quarter, boosted by demand for leisure travel. Travelers, largely free of restrictions related to COVID-19, are spending heavily…
Wind turbine maker Siemens Gamesa lowers profitability forecast further
MADRID (Reuters) – Wind turbine maker Siemens Gamesa lowered its 2022 profitability expectations even further into negative territory on Tuesday, citing challenging market conditions and higher costs because of component failures and repairs to old sit…
Ayman al-Zawahiri: from Cairo physician to al Qaeda leader
DUBAI (Reuters) – Ayman al-Zawahiri succeeded Osama bin Laden as al Qaeda leader after years as its main organizer and strategist, but his lack of charisma and competition from rival militants Islamic State hobbled his ability to inspire spectacular at…
London Fire Brigade says 100 firefighters called to fire on Rigby Lane in Hayes
(Reuters) – London Fire Brigade said in a tweet on Tuesday that 15 fire engines and around 100 firefighters have been called to a fire on Rigby Lane in Hayes. Details on the cause of the fire and the extent of damage were not known immediately. (Report…