By Rod Nickel and Pavel Polityuk WINNIPEG, Manitoba/KYIV (Reuters) – Ukraine’s 12-year deal to buy enough uranium from Canadian miner Cameco Corp to power all of its nuclear reactors gives each side the right to change sales volumes with two years’ notice, the Ukrainian state-owned utility Energoatom told Reuters. The unusual flexibility of the deal…
By Rod Nickel and Pavel Polityuk WINNIPEG, Manitoba/KYIV (Reuters) – Ukraine’s 12-year deal to buy enough uranium from Canadian miner Cameco Corp to power all of its nuclear reactors gives each side the right to change sales volumes with two years’ notice, the Ukrainian state-owned utility Energoatom told Reuters. The unusual flexibility of the deal…
By Sarah Young and Federica Mileo LONDON/PARIS (Reuters) – British Airways-owner IAG and Air France-KLM reported bumper summer bookings as travellers pressed ahead with holiday plans despite a cost-of-living crisis, though IAG’s boss warned strikes and lack of staff could still disrupt major airports. European airlines and airports are under pressure to avoid a repeat…
By Suban Abdulla LONDON (Reuters) – Activity in Britain’s construction sector increased in April but growth was lopsided, with residential house-building suffering its steepest decline since May 2020, weighed down by weaker demand and higher mortgage rates, a survey showed on Friday. The S&P Global/CIPS UK Purchasing Managers’ Index for the construction industry came in…
FRANKFURT (Reuters) – Euro zone companies are raising prices at a more moderate pace as their costs stabilise, demand cools and competition mounts, although growing wages remain a concern, according to a European Central Bank survey published on Friday. The ECB slowed the pace of its interest rate increases on Thursday but signalled more tightening…
(Reuters) – Russian Foreign Minister Sergei Lavrov said on Friday that Wednesday’s drone incident at the Kremlin was a “hostile act” and Russia would respond with “concrete actions”. Russia has accused Ukraine of firing drones at the Kremlin in an attempt to kill President Vladimir Putin, and said the United States was behind the purported…
FRANKFURT (Reuters) – Euro zone inflation could be lower in the coming years than previously expected but may stay above the European Central Bank’s 2% target further out, the bank’s Survey of Professional Forecasters showed on Friday. The ECB has raised rates at each of its past seven meetings and promised even more tightening to…
(Reuters) – Standing in a field of corpses, Russian mercenary boss Yevgeny Prigozhin on Friday published an expletive-ridden video personally blaming top defence chiefs for losses suffered by his Wagner Group fighters in Ukraine. Prigozhin’s tirade reignited and escalated a long-running feud with Defence Minister Sergei Shoigu and Chief of General Staff Valery Gerasimov, whom…
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks rose, the dollar eased and gold hovered near record highs on Friday, as investors worried that a rout in shares of U.S. regional lenders earlier this week could herald more trouble for the banking sector. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.44% higher and…
LONDON (Reuters) – Fresh turbulence in U.S. banks and debt ceiling woes in Washington suggest recent stability in world markets will most certainly be put to the test in May. The latest U.S. and Chinese inflation numbers and a Bank of England interest rate decision are among the calendar highlights meanwhile. Here’s a look at…
