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January 28, 2022

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Ukraine crisis: Nord Stream 2 pipeline could be axed

BBC
On Thursday, the US and Nato gave Russia a formal response to its demands to resolve the Ukraine crisis. It will not be made public, but US Secretary of State Antony Blinken said the document made their “core principles” clear, including Ukraine’s sovereignty and its right to choose to be......

Finland’s UPM sees headwinds from disrupted supply chains

Reuters
HELSINKI, Jan 27 (Reuters) – Finnish forestry company UPM said on Thursday it sees headwinds and extra costs ahead from disrupted global supply chains, leaving investors disappointed with its growth expectations for the first half of the year. The pulp, paper and biofuel maker saw its shares sink more than......

Norway wealth fund earns second-highest return in 2021

Reuters
A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, Jan 27 (Reuters) – Norway’s sovereign wealth fund, the world’s largest, earned a return on investment......

Toilet paper to get pricier after high costs hurt Essity profit

Reuters
STOCKHOLM, Jan 26 (Reuters) – Hygiene products group Essity reported a bigger-than-expected drop in fourth-quarter profit on Wednesday and said it planned to further hike prices in the face of record high costs for raw material, energy and distribution. Operating profit at the world’s second-biggest maker of consumer tissue fell......

Sinovac regimen gets strong boost from Pfizer, AstraZeneca or J&J COVID shots – study

Reuters
Vials of Chinese Sinovac’s CoronaVac vaccine against coronavirus disease (COVID-19) pictured inside the newly inaugurated production lab designated to manufacture the vaccine, in Constantine, Algeria September 29, 2021. REUTERS/Ramzi Boudina Register now for FREE unlimited access to Reuters.com Register Jan 24 (Reuters) – A third booster dose of a COVID-19......

EXCLUSIVE Vodafone and Iliad in talks to combine Italian units – sources

Reuters
LONDON, Jan 22 (Reuters) – Telecom firms Vodafone (VOD.L) and Iliad are in talks to strike a deal in Italy that would combine their respective businesses in a bid to end cut-throat competition in the euro zone’s third-biggest economy, sources familiar with the matter told Reuters. Discussions between the two......

Siemens Energy, wind division lose $5 bln in value after profit warning

Reuters
The Siemens Gamesa logo is displayed outside the company headquarters in Zumudio, near Bilbao, Spain, November 28, 2017. REUTERS/Vincent West Register now for FREE unlimited access to Reuters.com Register Siemens Gamesa warns of prolonged supply chain issues Siemens Gamesa shares slump as much as 16.2% Siemens Energy shares post biggest......

UK designates Omicron sub-lineage a variant under investigation

Reuters
LONDON/COPENHAGEN, Jan 21 (Reuters) – The UK Health Security Agency on Friday designated a sub-lineage of the dominant and highly transmissible Omicron coronavirus variant as a variant under investigation, saying it could have a growth advantage. BA.2, which does not have the specific mutation seen with Omicron that can help......

Swedish engineer Sandvik’s orders and profit beat forecasts

Reuters
STOCKHOLM, Jan 20 (Reuters) – Sweden’s Sandvik (SAND.ST) reported quarterly earnings and order intake above market expectations on Thursday, boosted by continued strong demand for mining equipment. Sandvik, which competes with the likes of Epiroc (EPIRa.ST) and Kennametal , said like-for-like order bookings grew 23% to 30.90 billion crowns ($3.40......

Djokovic bets on a COVID cure as he quests for tennis history

Reuters
Serbian tennis player Novak Djokovic arrives at Nikola Tesla Airport, after the Australian Federal Court upheld a government decision to cancel his visa to play in the Australian Open, in Belgrade, Serbia January 17, 2022. REUTERS/Christopher Pike Register now for FREE unlimited access to Reuters.com Register COPENHAGEN, Jan 19 (Reuters)......

French state pledges to stand by EDF – finance minister Le Maire

Reuters
A flag with the company logo of Electricite de France (EDF) and a French flag fly next to the EDF power plant in Bouchain, near Valenciennes, France, September 29, 2021. REUTERS/Pascal Rossignol/File Photo Register now for FREE unlimited access to Reuters.com Register Says EDF is ‘pride of the French people’......

Ericsson sues Apple again over 5G patent licensing

Reuters
STOCKHOLM, Jan 18 (Reuters) – Sweden’s Ericsson (ERICb.ST) has filed another set of patent infringement lawsuits against Apple (2788.T) in the latest salvo between the two companies over royalty payment for use of 5G wireless patents in iPhones. Both companies have already sued each other in the United States as......

After flying start, Stellantis must tackle Tesla and China

Reuters
A view shows the logo of Stellantis at the entrance of the company’s factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol Register now for FREE unlimited access to Reuters.com Register Stellantis shares up over 60% in 1st year, beating Tesla Company to unveil business plan on March 1 Investors......

Exclusive: U.S. talks to energy firms on EU gas supply in case of Russia-Ukraine conflict

Reuters
Flames from a gas burner on a cooker are seen February 1, 2017 in this illustration photo taken in a private home in Nice, France. Picture taken February 1, 2017. REUTERS/Eric Gaillard Register now for FREE unlimited access to Reuters.com Register LONDON/WASHINGTON Jan 14 (Reuters) – The U.S. government has......

EMA lists rare spinal condition as side effect of AstraZeneca’s COVID-19 shot

Reuters
A healthcare worker holds a vial of the AstraZeneca/Oxford University COVID-19 vaccine at the Pentland Medical Practice in Currie, Scotland, Britain, January 7, 2021. REUTERS/Russell Cheyne/Pool Register now for FREE unlimited access to Reuters.com Register Jan 14 (Reuters) – A safety panel of the European drug regulator on Friday recommended......

European shares in the red after hawkish Fed comments

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 5, 2018. REUTERS/Staff/File Photo Register now for FREE unlimited access to Reuters.com Register European stocks down, stocks also fell in Asia Falls follow signals from U.S. Fed policymakers U.S. dollar fell for fourth......

Poorer nations reject over 100 mln COVID-19 vaccine doses as many near expiry

Reuters
Short shelf life, lack of fridges are main reasons About 16 mln doses destroyed from 100 mln rejected -UNICEF Nearly 700 mln delivered doses stored in poor nations WHO’s COVAX programme approaches 1 bln doses shipped BRUSSELS, Jan 13 (Reuters) – Poorer nations last month rejected more than 100 million......

Stabilisation signs emerge after inflation palpitations

Reuters
A man looks at stock market monitors in Taipei January 22, 2008. REUTERS/Nicky Loh/File Photo Register now for FREE unlimited access to Reuters.com Register Strongest U.S. inflation in nearly 40 years taken in stride China lending data spurs policy easing expectation Dollar trades below key support level LONDON, Jan 13......

Denmark to offer fourth coronavirus jab while easing restrictions

Reuters
COPENHAGEN, Jan 12 (Reuters) – Denmark is to offer a fourth coronavirus vaccination to vulnerable citizens as it faces record infection numbers from the Omicron variant, the country’s health minister said on Wednesday. The move comes as lawmakers agreed to ease restrictions at the end of the week including the......

Democrats scramble to sink Cruz’s plan to impose sanctions over Nord Stream pipeline

CNN
USA TODAY – For more and to sign up click here The effort comes as a number of Democrats are weighing whether to break from the administration and back the Cruz measure, wary about appearing soft on Russia amid rising tensions with Ukraine and eager to send a strong message......

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