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May 24, 2022

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Tedros re-elected as head of World Health Organization

Reuters
GENEVA, May 24 (Reuters) – The World Health Organization’s (WHO) members re-elected Tedros Adhanom Ghebreyesus as Director General by a strong majority for another five years, the president of the World Health Assembly said on Tuesday. The vote by secret ballot, announced by Ahmed Robleh Abdilleh from Djibouti at a......

Exclusive: Tennis-It’s like we do not exist, says Ukrainian Kostyuk

Reuters
Mar 22, 2022; Miami Gardens, FL, USA; Marta Kostyuk of Ukraine reacts after winning a game against Alison van Uytvanck of Belgium (not pictured) in a first round women’s singles match in the Miami Open at Hard Rock Stadium. Mandatory Credit: Geoff Burke-USA TODAY Sports Register now for FREE unlimited......

Glencore prepares to pay up to $1.5 bln to settle U.S., UK, Brazil probes

Reuters
Glencore agrees settlements in U.S., Brazil Glencore Energy (UK) charged with bribery over oil operations UK sentencing hearing called for June 21 LONDON, May 24 (Reuters) – Glencore Plc (GLEN.L) said on Tuesday it anticipates paying up to $1.5 billion to settle accusations of bribery and market manipulation by U.S.,......

Quad countries, including India, shared Ukraine concerns, Japan’s Kishida says

Reuters
TOKYO, May 24 (Reuters) – Leaders of the Quad grouping of countries, including India’s Narendra Modi, shared concerns over the situation in Ukraine at their meeting in Tokyo, Japanese Prime Minister Fumio Kishida said on Tuesday. “The four leaders had candid discussion on the impact of the Ukraine situation on......

S.Africa’s Ramaphosa: Russia sanctions hurt “bystander” countries

Reuters
German Chancellor Olaf Scholz stands next to South African President Cyril Ramaphosa, before inspecting the guard of honour during his state visit to the governments Union building in Pretoria, South Africa May 24, 2022. REUTERS/Siphiwe Sibeko Register now for FREE unlimited access to Reuters.com Register German Chancellor Scholz on tour......

India says ‘substantive outcomes’ from Biden, Modi talks

Reuters
TOKYO/NEW DELHI, May 24 (Reuters) – Indian Prime Minister Narendra Modi and U.S. President Joe Biden reached “substantive outcomes” on Tuesday in talks to strengthen their trade and defence ties, India said, though Modi refrained from condemning Russia for its invasion of Ukraine. The leaders were in Tokyo for a......

Column: LNG momentum swinging back to Asia as Europe demand eases: Russell

Reuters
A liquified natural gas (LNG) tanker leaves the dock after discharge at PetroChina’s receiving terminal in Dalian, Liaoning province, China July 16, 2018. REUTERS/Chen Aizhu/File Photo/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register LAUNCESTON, Australia, May 24 (Reuters) – The merry-go-round of liquefied natural gas (LNG)......

Palantir, Trafigura aim to track carbon emissions for the oil industry

Reuters
The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May 24 (Reuters) – Palantir Technologies Inc (PLTR.N) and global commodities trader Trafigura have set......

Russian invasion of Ukraine is a global issue, says Biden

Reuters
Biden says Ukraine invasion is a global crisis Biden calls for territorial integrity and sovereignty EU embargo on Russian oil imports “within days”-Germany Russia sees economic ties with China growing Ukraine urges prisoner swap with Moscow LVIV, Ukraine/BERLIN, May 24 (Reuters) – U.S. President Joe Biden said on Tuesday that......

Quad leaders vow free and open Indo-Pacific, action on climate

Reuters
TOKYO, May 24 (Reuters) – The four leaders of the “Quad” group of countries vowed on Tuesday to work together for a free and open Indo-Pacific region and to fight climate change, as they met for talks aimed at standing up to an increasingly assertive China. U.S. President Joe Biden,......

At Mariupol cemetery, a grieving mother ponders war’s human toll

Reuters
May 23 (Reuters) – At a cemetery outside Mariupol, a Ukrainian city captured by Russia last week after a destructive three-month siege, a grief-stricken mother sobs inconsolably. Natalya lost her only son, Vladimir Voloshin, on March 26 when shrapnel smashed into his skull and chest in the fight for the......

Dividend payouts hit first quarter record, but outlook rocky

Reuters
U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration//File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, May 24 (Reuters) – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion, according to......

Gaza flour mills ground down by Russian-Ukraine conflict

Reuters
GAZA, May 23 (Reuters) – Three months into the Russian invasion of Ukraine, which has closed off access to lower-priced Black Sea wheat, owners of five mills in the Palestinian Gaza Strip are feeling the heat as they try to replenish stocks. Prices have jumped by around 20%, meaning the......

Column: Hedge funds more bullish on crude as sanctions loom

Reuters
LONDON, May 23 (Reuters) – Investors grew significantly more bullish on petroleum prices last week in response to an increasing likelihood that EU sanctions on Russia’s exports that will intensify global oil shortages. Hedge funds and other money managers purchased the equivalent of 56 million barrels in the six most......

Lukashenko accuses Poland and NATO of plotting to partition Ukraine

Reuters
Belarusian President Alexander Lukashenko attends a meeting with Russian President Vladimir Putin at the Kremlin in Moscow, Russia March 11, 2022. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – Belarusian President Alexander Lukashenko said on Monday that he was concerned about......

Rouble gains around 4%, heading back towards multi-year highs

Reuters
A Russian rouble banknote is placed on euro banknotes in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – The Russian rouble firmed around 4% against the dollar and euro on Monday, heading back towards multi-year highs......

UN Human Rights chief kicks off high-stakes visit to China, Beijing cites COVID in limiting access

Reuters
UN High Commissioner for Human Rights Michelle Bachelet attends an event at the United Nations in Geneva, Switzerland, November 3, 2021. REUTERS/Denis Balibouse Register now for FREE unlimited access to Reuters.com Register BEIJING/GENEVA, May 23 (Reuters) – The United Nations High Commissioner for Human Rights Michelle Bachelet arrived in China......

India’s Mahindra to explore more partnerships for EV parts -CEO

Reuters
Anish Shah, Chief Executive Officer (CEO) of India’s Mahindra Group, poses for a picture after an interview with Reuters ahead of the World Economic Forum (WEF) at the Alpine resort of Davos, Switzerland May 22, 2022. REUTERS/Aditya Kalra Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May......

Siemens Energy sees ‘need for action’ in turbine unit takeover plan

Reuters
MADRID, May 23 (Reuters) – Siemens Energy (ENR1n.DE) does not yet see signs of a recovery at wind turbine maker Siemens Gamesa (SGREN.MC), its chief executive said on Monday after launching a bid for minority holdings in the struggling unit. Siemens Energy announced the bid on Saturday after facing pressure......

Norway oil firm Okea to initiate dividend, buy North Sea assets

Reuters
OSLO, May 23 (Reuters) – Norwegian independent petroleum firm Okea (OKEA.OL) announced its first dividend payment on Monday and separately said it agreed to buy a portfolio of mostly oil-producing North Sea assets from Germany’s Wintershall Dea. Okea, which went public in 2019, said it will pay 0.90 Norwegian crown......

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