France offers $10 bln to take full control of EDF
France’s government is offering 12 euros per share to take full control of EDF EDF.PA, in a 9.7 billion euro ($9.85 billion) buyout offer that gives it a free hand to ...
Articles
After warmest night, Britain braces for record temperature
Britain was bracing for temperatures to hit 40C for the first time on Tuesday after it recorded its warmest night on record, forcing train services to stop, some schools to ...
Yellen vows tough U.S. measures against countries abusing economic order
U.S. Treasury Secretary Janet Yellen on Tuesday said deeper trade ties among allies could help fight inflation and thwart China’s “unfair trade practices,” vowing to impose harsh consequences ...
Russia’s Gazprom tells European buyers gas supply halt beyond its control (Update 1)
Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according to a letter seen by Reuters, upping the ante in an economic ...
Putin visits Iran for talks on Syrian conflict, Ukraine grain (Update 2)
Russian President Vladimir Putin will visit Tehran on Tuesday for talks with Iranian Supreme Leader Ayatollah Ali Khamenei, the Kremlin leader’s first trip outside the former Soviet Union since ...
Record temperatures scorch Europe, as wildfires rage across south
Britain was forecast to see temperatures hit 40C (104F) for the first time on Tuesday after logging its warmest night on record, while wildfires raged across the parched countryside in ...
Russia strikes cities across Ukraine, gas supplies in focus
Russian forces kept up their bombardment of cities across Ukraine, with intense shelling of Sumy in the north, cluster bombs targeting Mykolaiv and a missile strike in Odesa in the ...
Increasingly bitter race to replace UK PM Johnson narrows to four
Britain’s former finance minister Rishi Sunak held onto his lead in the race to become Britain’s next prime minister on Monday as another hopeful was knocked out, leaving ...
EU to buy forest firefighting planes as climate crises intensify
The European Union is in talks with manufacturers to buy firefighting planes to battle the increased risk of severe wildfires like those raging in Southern Europe, the bloc’s head ...
Gas crisis spurs Germany to mull extending life of nuclear plants
Germany may extend the life of its three remaining nuclear power plants, the economy ministry said on Monday, as public support rises in the face of a possible cut-off of ...
Ukrainian farmers rush to harvest grain from fields near frontline
A plume of smoke rises from a burning field in Ukraine’s Zaporizhzhia region, an increasingly common sight across swathes of farmland in the south and east of the country ...
Flights briefly disrupted at UK’s Luton airport as heat damages runway (Update)
Flights to and from Britain’s London Luton airport were temporarily disrupted on Monday after soaring temperatures caused a defect in its runway, prompting airlines to delay or divert their ...
France, UAE sign energy cooperation deal
The governments of France and the United Arab Emirates signed on Monday a strategic agreement to cooperate in the energy sector, the French government said.
The partnership aimed to identify ...
EU agrees another 500 mln euros for Ukrainian arms (Update)
European Union foreign ministers agreed on Monday another 500 million euros ($504 million) of EU funding to supply arms to Ukraine, taking the bloc’s security support to 2.5 billion euros since Russia ...
Fans, hoses and air con: heatwave-hit Brits seek relief
Sales of electric fans, hoses, air conditioning units and sprinklers are soaring as Britons swelter amid record temperatures, retailers said.
Britain was on course for its hottest day on record ...
Greece’s fur industry on the brink as EU sanctions on Russia bite
For decades, Antonis Disios’ workshop was abuzz with the sound of sewing machines stitching fur coats for his wealthy Russian buyers. In March, European Union sanctions against Russia over the ...
Russia fines Google $390m for repeated content violations
Alphabet’s Google was fined 21.8 billion roubles ($387 million) on Monday by a Russian court for a repeated failure to remove content that Moscow deems illegal, the Interfax news agency reported.
...
Ibrahimovic to play on past 41 after extending Milan contract
Evergreen AC Milan striker Zlatan Ibrahimovic will stay at the Serie A champions beyond his 41st birthday after agreeing a one-year contract extension, the club said on Monday.
Details of ...
Zelenskiy sidelines close allies in Kyiv’s biggest purge of war (update)
President Volodymyr Zelenskiy sidelined his childhood friend as head of Ukraine‘s security service, and another close ally as top prosecutor, in Kyiv’s biggest internal purge of the war, ...
Putin: West cannot isolate Russia and send it back in time
Russian President Vladimir Putin said on Monday that it was impossible to cut Russia off from the rest of the world, and that sanctions imposed by Western countries would not ...
The hike is almost here – now for what comes next: Five questions for the ECB
The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the path for higher rates beyond Thursday ...
UK property asking prices rise 9.3 per cent on year, Rightmove says
Asking prices for British homes advertised for sale this month were 9.3 per cent higher than a year earlier, down from a 9.7 per cent rise in June as mortgage costs rise ...
Greece to protest to Serbia over Ukrainian cargo plane crash
Greece will protest to Serbia for not being timely informed about the munitions cargo on board a Ukrainian aircraft which crashed near the northern city of Kavala on Saturday night, ...
Shares rally, euro on edge for ECB and gas test
Asian share markets rallied on Monday following a much-needed bounce on Wall Street, though nerves were stretched ahead of a near-certain interest rate hike in Europe and another round of ...