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Brazilian power sector to benefit from rains, despite higher oil prices – ONS
RIO DE JANEIRO (Reuters) - The improvement in the level of Brazil's main hydroelectric reservoirs should ease the costs of operating the electricity system this year, even as the conflict between Russ...
Syndicated Content Mar 08, 2022
U.S. ban on Russian oil spooks jumpy European stocks
By Sruthi Shankar, Bansari Mayur Kamdar and Susan Mathew (Reuters) -European shares slipped on Tuesday, as the United States banned Russian oil imports, raising volatility and fears of global stagflat...
Syndicated Content Mar 08, 2022
Leonardo’s plan to sell units on hold amid Ukraine crisis-sources
ROME (Reuters) - Italian defence group Leonardo's plan to find a buyer for its OTO Melara and Wass units has been put on hold amid the crisis caused by Russia's invasion of Ukraine, three sources clos...
Syndicated Content Mar 08, 2022
Factbox-Europe’s plan to wean itself off Russian gas
By Kate Abnett BRUSSELS (Reuters) - The European Union laid out plans on Tuesday to cut its reliance on Russian gas by two-thirds this year and end it "well before 2030", in a bid to wrest countries f...
Syndicated Content Mar 08, 2022
McDonald’s, icon of post-Soviet Russia, to close all restaurants in Russia
By Hilary Russ NEW YORK (Reuters) -McDonald's Corp said on Tuesday it would temporarily close all 847 of its restaurants in Russia, increasing pressure on other global brands to pause operations in th...
Syndicated Content Mar 08, 2022
Ukraine will service debt on time and in full despite Russian invasion -government
By Natalia Zinets LVIV (Reuters) - Ukraine will service its debt on time and in full, bolstered by financing from allies and international institutions who have rushed to Kyiv's aid since the Russian ...
Syndicated Content Mar 08, 2022
Canada’s oil, gas emissions cap may wait until 2023, leaving climate plan hole
By Rod Nickel and Nia Williams (Reuters) -Canadian Prime Minister Justin Trudeau's plan to cut greenhouse gas emissions from the oil and gas sector will not be ready until late this year or early 2023...
Syndicated Content Mar 08, 2022
Uniper shares reverse gains after planned Russia exit, Nord Stream 2 writedown
By Christoph Steitz and Tom Kckenhoff FRANKFURT (Reuters) -Shares in German utility Uniper gave up earlier gains to close flat after the group signalled an exit from Russia and wrote down its exposure...
Syndicated Content Mar 08, 2022
Russia’s central bank offers crisis support to finance firms
LONDON (Reuters) - Russia's central bank announced on Tuesday a series of steps to help financial market players such as private pension funds and management companies cope with the current "crisis si...
Syndicated Content Mar 08, 2022
LME forced to halt nickel trading, cancel deals, after prices top $100,000
By Eric Onstad LONDON (Reuters) - The London Metal Exchange (LME) was forced to halt nickel trading and cancel trades after prices doubled on Tuesday to more than $100,000 per tonne in a surge sources...
Syndicated Content Mar 08, 2022
Peoria, IL, USA
49 °F Overcast
