(Reuters) – Russian forces hit targets across Ukraine’s eastern Donetsk province, a day after President Vladimir Putin declared victory in the neighbouring province of Luhansk following months of gruelling attritional warfare in which both sides lost m…
Norway government summons oil workers in sign strike may end
By Gwladys Fouche, Nora Buli and Victoria Klesty OSLO (Reuters) -Norway’s labour minister summoned oil and gas industry executives and a striking labour union to a meeting on Tuesday in a sign that the government could intervene to stop the conflict wh…
UK to introduce new sanctions on Belarus and Russian media
LONDON (Reuters) -Britain said it would on Tuesday introduce new economic, trade and transport sanctions on Belarus over its support for Russia’s invasion of Ukraine, and also sanctioned six Russians it said were spreading disinformation. The Belarus p…
Ukraine PM: Rich Russians should pay the bill to rebuild
By John Revill and Silke Koltrowitz LUGANO, Switzerland (Reuters) -The cost of rebuilding Ukraine following Russia’s invasion could reach $750 billion and rich Russians should help pay the bill, Ukrainian Prime Minister Denys Shmygal said on Monday. “W…
Oil rises as tight supply trumps recession fears
By Noah Browning LONDON (Reuters) -Oil rose on Monday as supply concerns driven by lower OPEC output, unrest in Libya and sanctions against Russia outweighed fears of a demand-sapping global recession. Euro zone inflation hit yet another record high in…
Easyjet plane to Spain’s Menorca escorted by fighter jet after bomb hoax
MADRID (Reuters) – An Easyjet flight heading from London to the Spanish holiday island of Menorca on Sunday was escorted to its destination by a Spanish fighter jet after a British teenager onboard made a bomb threat on social media, police said on Mon…
Zelenskiy says Ukrainian forces undeterred; Russia hails Luhansk victory
By Tom Balmforth and Max Hunder KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Monday his armed forces were undeterred in their efforts to “break” Moscow’s will to pursue a nearly five-month war, while Russia’s Vladimir Putin hailed h…
Germany to overhaul law to bail out energy firms stricken by Russia woes – draft
By Markus Wacket BERLIN (Reuters) – The German government will be able to buy stakes in energy companies buckling under the cost of soaring gas import prices, according to draft legislation seen by Reuters, as Berlin bolsters its defences in a deepenin…
Ray-Ban owner’s close aide takes reins of business empire
By Claudia Cristoferi MILAN (Reuters) -Leonardo del Vecchio’s right-hand man on Monday took the reins of the 27 billion euro ($28 billion) holding company left behind by the Italian eyewear billionaire who died last week. Del Vecchio’s departure raised…
Energy shares boost European equities but recession fears cap gains
By Devik Jain and Susan Mathew (Reuters) -European shares rose on Monday as the oil and gas sector marked its best session in two months, while bleak euro zone investor morale kept sentiment in check ahead of the European Central Bank’s plan to start h…