MOSCOW (Reuters) -Russian exporters cut their sales of foreign currency during the first days of April, contributing to a significant weakening in the value of the Russian rouble, the central bank said on Monday. The Russian currency fell more than 5% last week to hit its lowest level in almost a year. After spending much …
Russian central bank says rouble weakness due to lower forex sales by exporters Read More »
MOSCOW (Reuters) – Russian conglomerate AFK Sistema on Monday reported a 15.8% jump in annual net profit to 19.4 billion roubles ($237.7 million) in what it said were strong results despite “unprecedented challenges” during the year. The company, which has stakes in Russian companies ranging from pharmaceuticals to telecoms, said revenue in 2022 rose 18% …
Russia’s Sistema reports 15.8% jump in 2022 net profit Read More »
(Adds dropped word ‘impacted’ in first paragraph) (Reuters) – Vodafone on Monday said it resolved an outage that impacted thousands of its home broadband service users in the United Kingdom, after hours of downtime. “We have now fixed the issue impacting just over 1% of our home broadband customers today. Customers should already be seeing …
Vodafone resolves broadband outage that impacted thousands of UK users Read More »
MOSCOW (Reuters) – The Russian-installed head of the Moscow-controlled part of Ukraine’s Donetsk region said on Monday that Russian forces controlled more than 75% of the besieged city of Bakhmut. The battle for Bakhmut has been one of the bloodiest of the 13-month war, drawing comparisons with World War One due to massive casualties on …
MILAN (Reuters) – The Italian coastguard is carrying out operations to rescue two boats carrying a total of 1,200 people, it said on Monday, after a surge in the number of migrants crossing the Mediterranean from North Africa over the weekend. One of the boats, which is carrying 400 people and is in the Ionian …
Italy’s coastguard works to rescue 1,200 migrants drifting at sea Read More »
MADRID (Reuters) – Core inflation in the euro zone is expected to remain high throughout the remainder of this year, ECB policymaker Pablo Hernandez de Cos said on Monday, leaving the door open for further interest rate hikes. Inflation in the euro zone dropped by the most on record in March, but growth in core …
ECB’s De Cos hints at further rate hikes due to elevated core inflation Read More »
By Amy-Jo Crowley, Emma-Victoria Farr and Abigail Summerville LONDON/NEW YORK (Reuters) – Sunday Natural, an online retailer that makes nutrition products including vitamins and food supplements, is exploring options including a possible sale, according to people familiar with the matter. Berlin, Germany-based Sunday Natural is working with U.S. boutique investment bank Houlihan Lokey on a …
Online vitamins retailer Sunday Natural explores sale – sources Read More »
MOSCOW (Reuters) – Russia has increased its diesel exports to Brazil and other parts of Latin America following an embargo on shipments to Europe, traders said and Refinitiv Eikon data showed. Russia has long been the main diesel supplier for Europe, where refineries do not produce enough fuel to meet domestic demand for diesel cars. …
Russia boosts diesel exports to Latin America since EU embargo Read More »
MILAN (Reuters) – Telecom Italia’s top investor Vivendi has criticised the mechanism to award salary bonus payments for the chief executive and the top management of Italy’s biggest phone group, two sources familiar with the matter said on Friday. France’s Vivendi, which owns a 24% stake in Telecom Italia, is piling pressure on the company’s …
Telecom Italia’s top investor criticises CEO bonus payment, sources say Read More »
By Pavel Polityuk KYIV (Reuters) – Russian forces pressed attacks on frontline cities in eastern Ukraine on Monday, while Ukrainian officials played down a report that Kyiv is amending some plans for a counter-offensive due to a leak of classified U.S. documents. The Russians were pounding Ukrainian positions around besieged Bakhmut in the eastern Donetsk …
Ukraine battles rage, report says Kyiv rethinking counter-offensive after leak Read More »
