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Environmental platform urges more than 1,600 high-emitting firms to disclose data

LONDON (Reuters) – More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment are not disclosing environmental data, it said as it launched its latest campaign to get firms to provide the information. CDP, which has standardised data to allow investors and others to compare corporate performance in …

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Moscow reports attacks on oil refineries and town near border with Ukraine

MOSCOW/KYIV (Reuters) – Russia said Ukrainian artillery hit a Russian town for a third time this week and drones struck two oil refineries in an uptick in attacks on Russian territory as Ukraine prepares a Western-backed push to end Russia’s invasion. Inside Ukraine, Russian-installed officials said five people had been killed in Ukrainian army shelling …

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UK’s Purplebricks says shareholder Lecram withdraws bid, no offer expected

(Reuters) -Britain’s Purplebricks Group Plc said on Wednesday Lecram Holdings, one of its top shareholders, had withdrawn its takeover proposal for the online estate agent and does not intend to make an offer. Lecram last week proposed 0.5 pence per Purplebricks share in cash, valuing the company at about 1.5 million pounds ($1.9 million). Lecram …

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Irish court orders wind-up of two Russian state-owned lessors

DUBLIN (Reuters) – Ireland’s High Court on Wednesday ordered the winding up of two sanctions-hit state-owned Russian leasing firms based in Ireland after a group of creditors said the companies had no prospect of clawing back an almost $1.6 billion net deficit. GTLK Europe DAC and GTLK Europe Capital DAC, whose main business is aircraft …

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Drones attack Russian oil refineries near major oil port Novorossiisk

By Guy Faulconbridge and Vladimir Soldatkin MOSCOW (Reuters) -Drones attacked two oil refineries just 40-50 miles (65-80 km) east of Russia’s biggest oil export terminals on Wednesday, sparking a fire at one and causing no damage to the other, according to Russian officials. Drone attacks deep inside Russia have intensified in recent weeks with strikes …

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Czech Senate backs setting NATO spending target of 2%/GDP as law

PRAGUE (Reuters) – The Czech parliament’s upper house approved a bill on Wednesday that will set the state’s minimum defence spending at 2% of gross domestic product (GDP) from next year, matching its commitment to the NATO military alliance. European countries have ramped up their defence expenditure since Russia’s invasion of Ukraine, which had turned …

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German inflation drops to lowest level in more than a year

By Maria Martinez BERLIN (Reuters) -Germany on Wednesday joined a list of major euro zone economies reporting a bigger than expected drop in inflation, suggesting that price growth may be falling more quickly than expected, adding to arguments for caution on rate hikes. The European Central Bank has raised rates by a record 375 basis …

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Shell acquires 1.1 GW of solar projects in Spain

By Ron Bousso LONDON (Reuters) – Shell has acquired 12 solar projects in Spain with a total capacity of 1.1 gigawatt from renewables developer Isemaren, its head of renewables generation Thomas Brostrom said on Wednesday. “Bringing these assets into our portfolio strengthens our presence in one of Europe’s largest solar power markets,” Brostrom said in …

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Dead Israeli agent flown home after Italy boat accident

ROME (Reuters) – The body of a retired Mossad agent was flown back to Israel on Wednesday, three days after he died along with two Italian intelligence officers and a Russian woman in a boating accident in northern Italy. They had been aboard a pleasure craft, along with 19 other people, when it was hit …

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EU’s Vestager sees draft code of conduct on AI within weeks

LULEA, Sweden (Reuters) – European Union tech chief Margrethe Vestager said she believed a draft voluntary code of conduct for generative AI could be drawn up “within the next weeks”, with a final proposal for industry to sign up “very, very soon”. “Generative AI is a complete game-changer,” Vestager, who is a vice president of …

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