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EU plans to cap Russian gas price as Putin warns West of winter freeze

BRUSSELS/VLADIVOSTOK Russia (Reuters) -The European Union proposed a price cap on Russian gas on Wednesday after President Vladimir Putin threatened to cut off all energy supplies if it took such a step,…

September 7, 2022

Ledo Pizza Grabs a Slice of New York Market

Award-winning square-shaped pizza brand now open in Midtown – Manhattan West for lunch, dinner and catering New York, NY (PRESS RELEASE) Start spreadin’ the news, Ledo Pizza is ready to be the…

September 7, 2022

Standard Lithium retools operations after short seller’s attacks

By Ernest Scheyder (Reuters) – Standard Lithium Ltd is trying to become the first new U.S. source of lithium for electric vehicle batteries in decades, a bullish target fueled in part by…

September 7, 2022

Column-Europe tops up gas stocks, but winter demand cuts essential: Kemp

By John Kemp LONDON (Reuters) – European countries have increased gas inventories by a record volume this year, but they will still need to reduce consumption sharply this winter to protect themselves…

September 7, 2022

Russia is gaining from conflict in Ukraine, Putin says

By Vladimir Soldatkin VLADIVOSTOK, Russia (Reuters) -President Vladimir Putin said on Wednesday that Russia had gained, not lost, from the conflict in Ukraine because it was embarking on a new sovereign path…

September 7, 2022

Europe’s alternatives if Russia shuts off gas supply

(This September 2 story corrects to show Germany plans to build five LNG terminals not two) By Nina Chestney LONDON – The Nord Stream 1 pipeline that transports Russian gas to Germany…

September 7, 2022

Putin to look at revising ‘cheating’ Ukrainian grain export deal

VLADIVOSTOK, Russia (Reuters) -President Vladimir Putin said on Wednesday that Russia and the developing world had been “cheated” by a UN-brokered Ukrainian grain export deal, vowing to look to revise its terms…

September 7, 2022

Putin says wants to restrict destinations for Ukraine’s grain exports

VLADIVOSTOK, Russia (Reuters) – Russian President Vladimir Putin on Wednesday warned of a looming global food crisis and said he would discuss amending a landmark grain deal with Ukraine to limit the…

September 7, 2022

Air Travelers Face Massive Delays Over Labor Day Weekend

Air Travelers Face Massive Delays Over Labor Day Weekend Arjun Singh on September 6, 2022 Data shows a significant increase in canceled flights over the Labor Day weekend, leading to heavy travel…

September 10, 2022

Senate To Vote On Bill Protecting Gay Marriage At The Federal Level

Senate To Vote On Bill Protecting Gay Marriage At The Federal Level Justine Brooke Murray on September 6, 2022 Senate Democrats are beginning the two month countdown to November’s midterms by prioritizing…

September 10, 2022

Only The Weather Can Save Europe From Energy Disaster

Only The Weather Can Save Europe From Energy Disaster Jack McEvoy on September 6, 2022 Europe must rely on mild weather to stockpile enough fuel and avoid winter fuel shortages which could…

September 10, 2022

Mexico says bankrupt airline Interjet owes $1.5 billion in tax

MEXICO CITY (Reuters) – Mexican airline Interjet, which was declared bankrupt by a judge last week, owes around $1.5 billion in back taxes, the head of Mexico’s tax administration service said Tuesday. …

September 6, 2022

Mercedes-Benz to lay off 3,600 workers in Brazil

SAO PAULO (Reuters) – Mercedes-Benz said on Tuesday it will fire 3,600 employees in a restructuring of its truck and bus chassis plant in Brazil’s Sao Paulo state amid pressures on its…

September 6, 2022

Raleigh Check Fraud Ringleader Sentenced to Federal Prison

ELIZABETH CITY, N.C. – A Raleigh, North Carolina man, Carl Edwin Parker, Jr., was sentenced today to 63 months in prison and five years of supervised release for conspiracy to commit bank…

September 6, 2022

SAS sees $200 million in savings through 2026 from pilot labour deal

STOCKHOLM (Reuters) – Crisis-hit Scandinavian airline SAS sees savings of $200 million through 2026 from a new collective bargaining deal reached with most of its pilots following a crippling two-week strike in…

September 6, 2022

Europe power firms need 1.5 trillion euros in margin calls, Equinor says

By Marwa Rashad LONDON (Reuters) -European energy companies need at least 1.5 trillion euros ($1.5 trillion) to cover the cost of their exposure to soaring gas prices, Norwegian energy group Equinor has…

September 6, 2022

Czech EU presidency says two proposals exist for setting maximum energy prices

PRAGUE (Reuters) – There are two proposals in the European Union on how to set maximum prices on energy that the bloc’s energy ministers will discuss on Friday, Czech Industry Minister Jozef…

September 6, 2022

Germany Rules Out Keeping Nuclear Power On Despite Energy Crisis

German Economy Minister Robert Habeck has ruled out extending the life of its three remaining nuclear power plants in the middle of its energy crisis, according to German media outlet Focus. Germany…

September 10, 2022

EU plans to build firefighting fleet faster after summer of climate crises

By Kate Abnett BRUSSELS (Reuters) – The European Union and its member states agreed on Monday to speed up plans to establish an EU fleet of firefighting aircraft, after rampaging wildfires across…

September 5, 2022

IAEA mission must lead to end of Russian occupation at nuclear plant – Ukraine

By Tom Balmforth KYIV (Reuters) – Ukraine’s state nuclear chief said on Monday it was vital that a mission by UN inspectors to the Zaporizhzhia nuclear plant led to the end of…

September 5, 2022

EU races to shield industry as Russia gas stoppage shakes markets

By Susanna Twidale and Nora Buli LONDON/OSLO (Reuters) -European gas prices surged, stocks slid and the euro sank on Monday after Russia halted gas flows via a major pipeline, sending another shock…

September 5, 2022

Mexico’s president to strengthen anti-inflation plan

MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Monday he will hold a meeting with his cabinet members to strengthen the country’s anti-inflation plan, as financial analysts warn…

September 5, 2022

Germany heading for recession despite new relief plan – economists

BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan to spend 65 billion euros ($64.49 billion) on shielding energy customers and…

September 5, 2022

EU gas price rockets higher after Russia halts Nord Stream flows

By Susanna Twidale and Nora Buli LONDON/OSLO (Reuters) -European gas prices rocketed as much as 30% higher on Monday after Russia said one of its main gas supply pipelines to Europe would…

September 5, 2022

Sweden, Finland step in to avert Lehman-like situation for power companies

By Supantha Mukherjee and Essi Lehto STOCKHOLM/HELSINKI (Reuters) -Finland and Sweden on Sunday announced plans to offer billions of dollars in liquidity guarantees to power companies in their countries after Russia’s Gazprom…

September 4, 2022