Explainer: When EU embargo comes, where will Russia sell its crude oil?

Models of oil barrels are seen in front of the displayed sign “stop”, EU and Russia flag colors in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register MOSCOW, Sept 23 (Reuters) – Russia has ramped up oil shipments to Asia since Europe imposed sweeping sanctions, but … Read more

Facing calls to resign, World Bank’s Malpass changes answer on climate crisis

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – Under pressure to resign for declining to say whether he accepts the scientific consensus on global warming, World Bank President David Malpass said on Thursday it was clear greenhouse emissions are causing climate change and defended his record as bank chief … Read more

Once-bitten markets are ignoring Putin’s warnings again at their own peril

Russian President Vladimir Putin delivers a speech during an event marking the 100th foundation anniversary of the republics of Adygea, Kabardino-Balkaria and Karachay-Cherkessia in Moscow, Russia, September 20, 2022. Sputnik/Grigory Sysoev/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Earlier this year, markets were complacent as Russia … Read more

Hungary government submits first anti-graft bill to avoid losing EU funds

Prime Minister of Hungary Viktor Orban waves at the audience during general session at the Conservative Political Action Conference (CPAC) in Dallas, Texas, US, August 4, 2022. REUTERS/Go Nakamura/ Register now for FREE unlimited access to Reuters.com Register EU executive proposes taking 7.5 billion euros from Hungary Says remedies proposed by Hungary could work if … Read more

EU plans to upgrade its Paris Agreement climate target – document

Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 19 (Reuters) – The European Union plans to raise its target to tackle global warming under the Paris climate agreement, although the upgrade is unlikely to happen in time for this year’s UN climate summit, according to a draft document seen by Reuters . … Read more

Trump may be called to testify at ally’s foreign agent trial, judge says

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 19 (Reuters) – Former President Donald Trump may be called as a witness at the criminal trial of Thomas Barrack, a private equity investor and former Trump fundraiser charged with acting as an unregistered agent for the United Arab Emirates, a US judge … Read more

EU regulator backs wider use of AstraZeneca COVID therapy

People pose with syringe with needle in front of displayed AstraZeneca logo in this illustration taken, December 11, 2021. REUTERS/Dado Ruvic/Illustration/Files Register now for FREE unlimited access to Reuters.com Register Preventative drug Evusheld now backed for treating COVID Experimental RSV treatment also endorsed for infant use LONDON, Sept 16 (Reuters) – Europe’s medicines regulator has … Read more

Hungary extends energy and food price caps amid soaring inflation

A driver fills a car at an Envi petrol station in Budakalasz, Hungary, June 13, 2022. Picture taken June 13, 2022. REUTERS/Bernadett Szabo Register now for FREE unlimited access to Reuters.com Register BUDAPEST, Sept 17 (Reuters) – Hungary has extended price caps on fuels and basic foodstuff by three months until the end of the … Read more

New iPhones have Qualcomm satellite modem, new Apple radio chips

Register now for FREE unlimited access to Reuters.com Register SAN LUIS OBISPO, Calif., Sept 17 (Reuters) – Apple Inc’s (AAPL.O) iPhone 14 models contain a Qualcomm Inc (QCOM.O) chip that can talk to satellites, but have additional custom-designed Apple components used in the phone’s biggest new feature, according to an analysis of the phone by … Read more

Bank holdups snowball in Lebanon as depositors demand their own money

Register now for FREE unlimited access to Reuters.com Register Five more depositors hold up banks to access their money Depositors cash out $60,000, only some in custody Banks announced three-day closure on security concerns Frustration over frozen savings, spiraling crisis BEIRUT, Sept 16 (Reuters) – Five Lebanese banks were held up by depositors seeking access … Read more