European Union

EU approves new round of Russia sanctions targeting energy, steel, defence sectors

The European Union formally approved on Tuesday a new barrage of sanctions against Russia for its invasion of Ukraine, which…

4 years ago

EXCLUSIVE Major buyers of Russian oil struggle with bank guarantees -sources

The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil…

4 years ago

EU unlikely to cut Russia off SWIFT for now, sources say

The European Union is unlikely at this stage to take steps to cut Russia off from the SWIFT global interbank…

4 years ago

Explainer: Western sanctions on banks only scratch surface of Fortress Russia

The United States, the European Union and Britain announced new sanctions on Russia on Tuesday after Moscow's recognition of two…

4 years ago

EXCLUSIVE EU, Gates Foundation to support African medicines agency -source

BRUSSELS, Feb 11 (Reuters) - The European Union and the Gates Foundation are set to announce a package of financial…

4 years ago

Explainer: Do 5G telecoms pose a threat to airline safety?

Major international airlines rushed to rejig or cancel flights to the United States ahead of a 5G wireless rollout on Wednesday that…

4 years ago

Analysis: Weak winds worsened Europe’s power crunch; utilities need better storage

Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened…

4 years ago

U.S., Germany plan new restrictions as Omicron rattles investors

The United States and Germany joined countries around the globe planning stricter COVID-19 restrictions on Thursday as the new Omicron…

4 years ago

Analysis: EU adds more pieces to its ‘elusive’ capital market jigsaw

The European Union has moved a step closer to its vision of creating a single capital market across the bloc,…

4 years ago

ESG appears to have become an integral part of risk assessment!

The process of incorporating environmental, social, and governance issues into investment decisions, resulting in increasing longer-term investments in sustainable economic…

4 years ago