Category Archives:
Russia’s GDP decline could hit 12.4% this year, economy ministry document shows
(Reuters) - Russia expects the economy to contract by 8.8% in 2022 in its base case scenario, or by 12.4% under a more conservative scenario, an economy ministry document showed on Wednesday, further ...
Apr 27, 2022
Austria says Russian gas still flowing as it scrambles for alternatives
By Francois Murphy and Alexandra Schwarz-Goerlich VIENNA (Reuters) - Russian natural gas deliveries to Austria are continuing unrestricted and there is no indication that will change, its government s...
Apr 27, 2022
China Q1 consumption lags in key coastal provinces; Q2 off to weak start
BEIJING (Reuters) - China's first-quarter retail sales lagged in key coastal economic regions with areas hit by COVID-19 outbreaks showing particular weakness, according to regional data, pointing to ...
Apr 27, 2022
How Africa is bearing the brunt of palm oil’s perfect storm
By Ange Aboa and Joe Bavier ABIDJAN (Reuters) - Djeneba Belem's fried bean cake stall in Abidjan is a world away from the war raging in Ukraine. But her business is now at the mercy of an unexpected c...
Apr 27, 2022
Kellogg’s takes Britain to court over new sugar rules
LONDON (Reuters) - U.S. food company Kellogg's is taking the British government to court over new rules that would stop some of its breakfast cereals being displayed prominently in grocery stores beca...
Apr 27, 2022
Exclusive-Russia sees its oil output falling by up to 17% in 2022 -document
(Reuters) - Russia may see its oil production fall by as much as 17% in 2022, an economy ministry's document seen by Reuters showed on Wednesday, as the country struggles with Western sanctions. Accor...
Apr 27, 2022
Germany preparing for change of control at Rosneft refinery -minister
BERLIN (Reuters) - Germany is preparing for a change of control at the PCK refinery in Schwedt operated by Russian state-owned Rosneft which accounts for all of Germany's remaining Russian oil imports...
Apr 27, 2022
EU court rejects Airbnb plea on information for tax authorities
BRUSSELS (Reuters) - The European Court of Justice on Wednesday rejected a case brought by accommodation services company Airbnb Ireland against Belgian regional legislation requiring it to provide in...
Apr 27, 2022
Rouble strengthens in Moscow as Russia halts gas supplies to Bulgaria, Poland
(Reuters) - The rouble strengthened on Wednesday after Russia said it had halted gas supplies to Bulgaria and Poland, firming to a more than two-year high against the euro in Moscow trade on the prosp...
Apr 27, 2022
Mercedes-Benz plants see no impact from Russian gas delivery stop
BERLIN (Reuters) - Mercedes-Benz saw no impact from the stop in gas deliveries from Russia to Poland and Bulgaria on its plants, but was nonetheless working on ways to reduce its gas demand, the compa...
Apr 27, 2022
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