GENEVA (Reuters) – Colombia launched an appeal on Monday against a finding largely backing the European Union in a World Trade Organization (WTO) dispute over import tariffs on frozen fries from Belgium, Germany and the Netherlands. The Geneva-based tr…
Oil slips as recession fears outweigh tight supply prospects
By Laila Kearney NEW YORK (Reuters) -Oil prices edged lower on Monday as investors weighed economic storm clouds that could foreshadow a global recession, and erode fuel demand, against potentially tighter supply. Brent crude futures fell 69 cents, or …
French Energy Minister: fuel requisitions are on the table
PARIS (Reuters) – French Energy Minister Agnes Pannier-Runacher said on Monday the possibility of fuel requisitions could be discussed during a meeting scheduled later in the evening with Prime Minister Elisabeth Borne to deal with the shortage at the …
French union rejects wage talk ‘blackmail’ as refinery strikes grind on
By Tassilo Hummel PARIS (Reuters) -France’s CGT trade union denounced TotalEnergies’ conditional offer for early wage talks as “blackmail”, saying strikes that have left a third of the country’s fuel stations running short would continue until at least…
Blackouts after Russian strikes deepen Ukraine’s concerns before winter
KYIV (Reuters) – Russian missile strikes on Ukraine’s power network caused blackouts in many parts of the country on Monday, deepening fears of outages this winter and prompting Kyiv to halt electricity exports. Attacks that killed at least 11 civilian…
Ukrainian energy ministry halts electricity exports due to Russian missile strikes
(Corrects headline to electricity (not energy) exports, no changes to text) (Reuters) -The Ukrainian energy ministry said it will halt exports of electricity to the European Union following Russian missile strikes on energy infrastructure on Monday. “T…
European shares subdued amid growth concerns, geopolitical tensions
By Devik Jain and Amruta Khandekar (Reuters) -European shares edged lower on Monday as investors stayed cautious ahead of major corporate earnings this week, with nerves around rising interest rates and escalating geopolitical tensions also weighing on…
Ukrainian energy ministry halts electricity exports due to Russian missile strikes
(Corrects headline to electricity (not energy) exports, no changes to text) (Reuters) – The Ukrainian energy ministry said it will halt exports of electricity to the European Union following Russian missile strikes on energy infrastructure on Monday. “…
UK gilts slump as government fails to woo investors
By Andy Bruce LONDON (Reuters) – British government bond prices tumbled on Monday in a sign that investors are yet to be convinced by Finance Minister Kwasi Kwarteng’s drive to shore up fiscal credibility, which included bringing forward his new fiscal…
Monte dei Paschi to have underwriting consortium for share sale by Tuesday – source
ROME (Reuters) – Monte dei Paschi di Siena will be able to sign by Tuesday a contract with a group of banks which are due to underwrite its up to 2.5 billion euro ($2.4 billion) new share issue, a source with knowledge of the matter said. The bank has …