India puts ‘new reality’ on display with Davos street show

DAVOS, Switzerland, May 25 (Reuters) – Bright colors and bold logos proudly signal where India has set up base on the main street in Davos this year, as the country trumpets its pro-business and foreign investment drive. Inside a pavilion on the Swiss Alpine resort’s Promenade street beneath an “India @ Davos 2022” logo, the … Read more

U.S. Southern Baptists release scathing report on sexual abuse

ATLANTA, May 22 (Reuters) – For decades, complaints of sex abuse by pastors and staff in the largest US Protestant denomination, the Southern Baptist Convention, were either ignored or covered up by top clergy, according to an internal report released on Sunday. The nearly 300-page report details how complaints were kept as “closely guarded secrets” … Read more

Ukraine rules out ceasefire as fighting intensifies in Donbas

Ukraine rules out ceasefire, concessions Russia launches assault in Luhansk Russia stops Finland gas flows over payment dispute Polish president in Ukraine to address parliament Sunday May 22 (Reuters) – Ukraine ruled out a ceasefire or concessions to Moscow while Russia intensified an offensive in the eastern Donbas region and stopped providing gas to Finland, … Read more

Germany and Italy approved Russian gas payments after nod from Brussels – sources

A model of the natural gas pipeline is seen in front of displayed word 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 Some EU states refuse to comply with Russian payment demands Others approve Russian payments after talks with EU … Read more

Russia to halt gas flows to Finland on Saturday

A model of the natural gas pipeline is seen in front of displayed Finnish and Russian flag colors in this illustration taken April 26, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register HELSINKI, May 20 (Reuters) – Russia’s Gazprom (GAZP.MM) has informed Finland it will halt flows of natural gas from … Read more

EU says legal Russian gas payments possible, warns against rouble accounts

A pressure gauge is pictured at a Ukrainian gas compressor station in the village of Boyarka near the capital Kiev January 20, 2009. REUTERS/Konstantin Chernichkin Register now for FREE unlimited access to Reuters.com register BRUSSELS, May 17 (Reuters) – The European Commission said on Tuesday opening accounts in rubles at a Russian bank to pay … Read more

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

Texas grid operator calls for power conservation as temperatures, prices soar

An electrical substation is seen after winter weather caused electricity blackouts in Houston, Texas, US February 20, 2021. REUTERS/Go Nakamura/File Photo/File Photo Register now for FREE unlimited access to Reuters.com register HOUSTON, May 13 (Reuters) – The state of Texas’ power-grid operator on Friday called on residents to cut their electricity use this weekend after … Read more

Europe’s gas supply crisis grows after Russia imposes sanctions

Russia imposes sanctions on European Gazprom subsidiaries Polish firm operating Yamal-Europe section also hit Germany to lose 10 mcm/day of gas supply Dutch gas prices close 12% higher BERLIN, May 12 (Reuters) – Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on European subsidiaries of state-owned Gazprom a … Read more

NATO to welcome Nordic members as Ukraine pushes back Russian forces

Finland expected to announce bid to join NATO Ukraine halts major route for Russian gas to Europe Russia imposes sanctions on Gazprom units in Europe, US Ukrainian forces seek to cut Russian battlefield supply lines KYIV/BRUSSELS, May 12 (Reuters) – Finland is expected to announce on Thursday its intention to join NATO with Sweden likely … Read more