• 09/20/2024

Russia does not rule out LNG exports stagnating in next 4 years

Reuters Reuters exclusively reported that Russia’s liquefied natural gas exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios – a sign that Western sanctions might be cramping Moscow’s energy plans. The post Russia does not rule out LNG exports stagnating in next 4 years appeared first on…

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ECB set to order UniCredit to reduce Russia business

Reuters Reuters exclusively reported that the European Central Bank is poised to order Italy’s UniCredit to cut back its business with Russia as the regulator exerts pressure to choke off European financial ties with Moscow.  The post ECB set to order UniCredit to reduce Russia business appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/ecb-set-to-order-unicredit-to-reduce-russia-business/

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Russia-Ukraine Black Sea shipping deal was almost reached last month

Reuters Reuters exclusively reported that Russia and Ukraine negotiated for two months with Turkey on a deal to ensure the safety of shipping in the Black Sea and reached an agreement on a text that was to be announced by Ankara but Kyiv suddenly pulled out.  The post Russia-Ukraine Black Sea shipping deal was almost…

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EU’s new tech laws are working – small browsers gain market share

Reuters Reuters exclusively reported that Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet’s Google, Microsoft and Apple to make it easier for users to switch to rivals.  The post EU’s new tech laws are working – small browsers gain market share…

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Activist investor Amber Capital backs MFE’s push for changes at ProSieben 

Reuters Reuters exclusively reported on Amber Capital backing a proposal to break up ProSiebenSat.1 made by the German broadcaster’s top investor MFE-MediaForEurope. Amber is the first significant investor to publicly support the proposal, which will be put to a shareholder vote later this month.  The post Activist investor Amber Capital backs MFE’s push for changes…

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Marathon Partners pushes Dr. Martens for strategic review, possible sale 

Reuters Reuters exclusively reported that investment firm Marathon Partners Equity Management wants British boot maker Dr. Martens to hire bankers and begin an immediate strategic review that could lead to a sale of the company. The post Marathon Partners pushes Dr. Martens for strategic review, possible sale  appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/marathon-partners-pushes-dr-martens-for-strategic-review-possible-sale/

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Russia’s Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers

Reuters Reuters exclusively reported that Novatek, Russia’s largest producer of liquefied natural gas (LNG), has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers. The post Russia’s Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/russias-arctic-lng-2-suspends-gas-liquefaction-amid-sanctions-lack-of-tankers/

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ECB to keep floor under market rates but with eye on demand 

Reuters Reuters exclusively reported that the European Central Bank will continue putting a “floor” under market interest rates in the years to come, but banks will play a greater role in deciding how much liquidity they want.  The post ECB to keep floor under market rates but with eye on demand  appeared first on Reuters…

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UBS market dominance draws warning from competition watchdog

Reuters Reuters exclusively reported that Switzerland’s competition commission favours a deeper investigation into UBS dominance of certain parts of the market after it rescued Credit Suisse last year.  The post UBS market dominance draws warning from competition watchdog appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/ubs-market-dominance-draws-warning-from-competition-watchdog/

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US to target Russia with more sanctions 

Reuters Reuters was first to report that the United States would impose sanctions on over 500 targets in action marking the second anniversary of Russia’s invasion of Ukraine.  The post US to target Russia with more sanctions  appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/us-to-target-russia-with-more-sanctions/

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