Category: Uncategorized
Uniper’s dormant Russian gas contracts may pose hurdle to listing
Reuters Reuters exclusively reported that legacy gas contracts with former main supplier Gazprom could become a key hurdle for utility Uniper in its attempts to return to the stock exchange following its 13.5 billion euro bail-out by the German government during the height of Europe’s energy crisis. The post Uniper’s dormant Russian gas contracts may…
Read MoreRussia 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…
Read MoreECB 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/
Read MoreRussia-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…
Read MoreEU’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…
Read MoreActivist 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…
Read MoreMarathon 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/
Read MoreRussia’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/
Read MoreECB 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…
Read MoreUBS 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/
Read More