G7 backs more aid, weapons to Ukraine in show of unity against Russia

Ukraine, Moldova attend G7 foreign ministers annual meeting EU’s Borrell announces further 500 mln euros in military support Concerns war could spread to Moldova WEISSENHAUS, Germany, May 13 (Reuters) – Foreign ministers from the G7 group of rich nations backed giving more aid and weapons to Ukraine as they met on Friday in what Germany … Read more

Finnish group ditches Russian-built nuclear plant plan

HELSINKI, May 2 (Reuters) – Finnish-led consortium Fennovoima said on Monday it had scrapped a contract for Russia’s state-owned Rosatom to build a nuclear power plant in Finland, citing delays and increased risks due to the war in Ukraine. The announcement ended months of uncertainty and years of political wrangling over the planned Hanhikivi 1 … Read more

Scholz says top priority is avoiding NATO confrontation with Russia

German Chancellor Olaf Scholz makes a statement after talks with European leaders and US President Joe Biden, in Berlin, Germany, April 19, 2022. REUTERS/Lisi Niesner/Pool Register now for FREE unlimited access to Reuters.com register Scholz warns Germany may be considered party to war if it sends tanks Scholz could soon be forced to decide on … Read more

Putin tells Europe: You still need Russian gas but we’re turning east

Russian President Vladimir Putin visits the construction site of the Amur launch complex for Angara rockets at the Vostochny Cosmodrome in Amur Region, Russia April 12, 2022. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com register Putin: Europe can’t replace all Russian gas now Putin: Russia must build new oil, … Read more

Putin tells Europe: pay in roubles or we’ll cut off your gas

Energy is Russia’s most powerful lever against West Western nations reject currency switch in gas deals Russia won’t export gas as ‘charity’, says Putin Europe already struggling to find alternative supplies BERLIN/LONDON, March 31 (Reuters) – Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in rubles from Friday or else have … Read more

Putin says Russia will enforce rouble payments for gas from Friday

Russian President Vladimir Putin attends a meeting with government members via a video link at the Novo-Ogaryovo state residence outside Moscow, Russia March 23, 2022. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS Register now for FREE unlimited access to Reuters.com register March 31 (Reuters) – Russian President Vladimir Putin said on Thursday that he had signed a decree … Read more

Auto manufacturers scramble as Shanghai locks down

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, US, March 16, 2021. REUTERS/Rebecca Cook Register now for FREE unlimited access to Reuters.com register SHANGHAI, March 29 (Reuters) – Shanghai’s COVID-19 lockdown roiled auto production on Tuesday as two major suppliers joined Tesla (TSLA.O) in shutting plants … Read more