Germany reaches 75% gas stocks target ahead of schedule

Germany reaches 75% gas stocks target ahead of schedule

A view shows pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline in Lubmin, Germany, July 21, 2022. REUTERS/Annegret Hilse Register now for FREE unlimited access to Reuters.com Register FRANKFURT, Aug 14 (Reuters) – German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of … Read more

Latvia, Estonia withdraw from China cooperation group

Latvia, Estonia withdraw from China cooperation group

The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photo Register now for FREE unlimited access to Reuters.com Register VILNIUS, Aug 11 (Reuters) – Latvia and Estonia withdrew from a cooperation group between China and over a dozen Central and Eastern European countries on Thursday, following in the footsteps of … Read more

Nasdaq slides as chipmaker Micron’s warning sparks tech rout

Nasdaq slides as chipmaker Micron’s warning sparks tech rout

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 8, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Micron tempers forecast as demand weakness deepens Novavax falls 25% after cutting revenue view by half Indexes mixed: Dow flat, S&P off … Read more

FT says Western governments are alarmed over Turkey’s deepening ties with Russia

FT says Western governments are alarmed over Turkey’s deepening ties with Russia

Turkish President Tayyip Erdogan meets with his Russian counterpart Vladimir Putin in Sochi, Russia August 5, 2022. Turkish Presidential Press Office/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Western governments are increasingly alarmed about deepening economic ties between Turkey and Russia, warning of the mounting risk that … Read more

Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway posts massive .8 billion loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in US stock prices … Read more

Fed officials beat inflation drum; 50-basis-point rate hike ‘reasonable’ next month

Fed officials beat inflation drum;  50-basis-point rate hike ‘reasonable’ next month

Aug 3 (Reuters) – Federal Reserve officials voiced their determination again on Wednesday to rein in high inflation, although one noted a half-percentage-point hike in the US central bank’s key interest rate next month might be enough to march toward that goal. “I start from the idea that 50 (basis points) would be a reasonable … Read more

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

A rescuer walks among debris at a site of a residential area destroyed by a Russian military strike, as Russia’s attack on Ukraine continues, in the town of Toretsk, Donetsk region, Ukraine July 27, 2022. Press service of the State Emergency Service of Ukraine /Handout via REUTERS Register now for FREE unlimited access to Reuters.com … Read more

EU gives Hungary a month to act before moving to suspend funds

EU gives Hungary a month to act before moving to suspend funds

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium June 17, 2022. REUTERS/Yves Herman/File Photo Register now for FREE unlimited access to Reuters.com Register BRUSSELS, July 22 (Reuters) – The European Commission gave Hungary a final month to address its concerns about the rule of law before asking European Union governments to … Read more

Nowhere to live: Rents in Canada surge as home prices fall

Nowhere to live: Rents in Canada surge as home prices fall

OTTAWA, July 22 (Reuters) – Canadian home prices are dropping fast after surging during the coronavirus pandemic, but that is offering little relief for consumers who face sky-rocketing rents and fading buying power as interest rates rise. Desperate would-be buyers found themselves caught in a frenzy of bidding wars for real estate during the pandemic, … Read more

Ukraine devalues ​​hryvnia currency by 25% against US dollar

Ukraine devalues ​​hryvnia currency by 25% against US dollar

Ukrainian 500 hryvnia banknotes and a US 100 dollar banknote are seen in this picture illustration taken in kyiv, Ukraine, October 31, 2016. REUTERS/Valentyn Ogirenko/Illustration Register now for FREE unlimited access to Reuters.com Register KYIV, July 21 (Reuters) – Ukraine’s central bank devalued the hryvnia currency by 25% against the US dollar on Thursday to … Read more