By Vincent West SOPELA, Spain (Reuters) – Dozens of wildfires raged in northern Spain on Friday after unusually high temperatures hitting 30 Celsius (86F) in some areas a day earlier turned vegetation into dry fuel, adding to mounting concerns about ch…
Finland’s Nokian Tyres sells Russian operations to Tatneft
HELSINKI (Reuters) – Nokian Tyres has signed an agreement to sell its Russian operations to Russian oil producer Tatneft PJSC for 400 million euros ($398.7 million), the Finnish company said on Friday. At the end of June, Nokian Tyres said it would ini…
Exclusive-Russia’s finance ministry cuts 2023 taxable oil expectations
MOSCOW (Reuters) – Russia’s finance ministry has significantly cut expectations of taxable oil production for 2023, according to the draft budget for the next three years, in the expectation Western sanctions will mean an overall decline in output and …
Vatican’s anti-child abuse panel to issue first full report in 2024
VATICAN CITY (Reuters) – The Vatican panel due to produce annual reports on child abuse prevention within the Catholic Church will not deliver its first full review until 2024, its secretary said on Friday. The Pontifical Council for the Protection of …
Danes on Baltic Sea island feel Russia-Ukraine war creeping closer
By Nikolaj Skydsgaard BORNHOLM, Denmark (Reuters) – When the Nord Stream gas pipelines ruptured near the island of Bornholm last month, residents felt the Ukraine war move a lot closer, exposing the isolation of Denmark’s easternmost point and renewing…
Glencore cuts zinc output guidance after production drops 18% in nine months
LONDON (Reuters) – Glencore produced 18% less zinc in the first nine months compared with the same period a year before, the company said on Friday as it trimmed its full-year output forecast by 6% due to knock-on effects of the Ukraine war. The foreca…
Book app connects Ukrainian fathers with refugee children
By Stephanie van den Berg ROTTERDAM (Reuters) – When Ruslan Mykhalchenko leaves his family in the Netherlands to return home to Ukraine next week, one of the things he will miss most is reading his 5-year-old daughter Olivia a bedtime story. It’s a har…
Volkswagen says supply jams here to stay as earnings stagnate
By Victoria Waldersee BERLIN (Reuters) – Volkswagen said supply chain troubles were the new norm as it reported stagnated earnings in the third quarter, but the carmaker still expects growth in the autos market next year as some bottlenecks look likely…
German Chancellor Scholz will visit China on Nov 4
BEIJING (Reuters) – German Chancellor Olaf Scholz will visit China on Nov. 4, China’s foreign ministry said on Friday, in what would be the first vist by a European Union leader to China since the start of the COVID-19 pandemic. Scholz is visiting Chin…
Swiss Re swings to 9-month loss after Hurricane Ian claims
FRANKFURT (Reuters) -Reinsurance company Swiss Re said on Friday that it swung to a bigger-than-expected loss in the first nine months as it absorbed claims from Hurricane Ian in Florida. The company said that the war in Ukraine, inflation and volatile…