By Victoria Waldersee BERLIN (Reuters) – Germany has managed to fill its gas reserves to 91.32% of capacity, allaying fears it could run out this winter after Russian gas flows fell sharply following European sanctions over the invasion of Ukraine – bu…
Italy’s election humbles former populist heroes Salvini and Di Maio
By Gavin Jones ROME (Reuters) – After Italy’s last election in 2018, two men embodied the populist wave sweeping the country – Luigi Di Maio and Matteo Salvini, respective leaders of the anti-establishment 5-Star Movement and the right-wing League. Ado…
UK’s Kwarteng tells city bosses he is confident his economic strategy will work
LONDON (Reuters) -British finance minister Kwasi Kwarteng told leading bankers, insurers and asset managers he was “confident” that his economic strategy would work, stressing the need for close cooperation with the Bank of England. The pound touched a…
Russia’s digital ministry scrambles to help key workers avoid mobilisation
MOSCOW (Reuters) – Russia’s digital ministry is scrambling to help key tech workers avoid being called up by the army after President Vladimir Putin ordered a partial mobilisation to bolster Russian forces in Ukraine. The ministry issued guidelines lat…
EU vows to protect energy network after ‘sabotage’ of Russian gas pipeline
By Paul Carrel and Stine Jacobsen BERLIN/COPENHAGEN (Reuters) – Any intentional disruption of EU energy networks would meet a “robust and united response”, a top diplomat said, after several states said two damaged Russian pipelines to Europe were prob…
Ukraine urges EU to impose economic sanctions on Russia over annexation votes
KYIV (Reuters) – Ukraine urged the European Union on Tuesday to impose economic sanctions on Russia to punish it for staging annexation votes in four occupied regions, and said the moves by Moscow would not change Ukraine’s actions on the battlefield. …
Strike halts supplies from TotalEnergies’ French refineries -union
By Rowena Edwards (Reuters) -Strike action has stopped refined products from leaving four of TotalEnergies’ five refineries in France, and one of its fuel storage depots, a CGT union official told Reuters on Tuesday. No product is leaving TotalEnergies…
New coins, banknotes, stamps and cypher for Britain’s King Charles
LONDON (Reuters) – Britain will gradually see coins, banknotes and stamps bearing the image of King Charles, while the new monarch’s cypher will also appear on government buildings and red mail pillar boxes, manufacturers and Buckingham Palace announce…
Britain’s fund management assets rise in 2021, slowdown seen
LONDON (Reuters) – Fund managers in Britain posted a 6% rise in assets under management to 10 trillion pounds ($10.8 trillion) last year, but a slowdown is likely, the Investment Association (IA) said on Tuesday. The 2021 growth rate was below the 11% …
UK’s Labour party surges to largest poll lead over Conservatives -The Times
(Reuters) – Britain’s Labour party rose to its largest poll lead in over two decades over the Conservative party, The Times reported on Monday, citing YouGov poll for the publication. Last week, Finance Minister Kwasi Kwarteng unleashed historic tax cu…