Reuters UK/EU

By Huw Jones LONDON (Reuters) – Europe’s $4.5 trillion natural gas derivatives market has become less transparent since Russia’s invasion of Ukraine and faces risks due to a small number of market players and low liquidity, the European Union’s securities watchdog said on Friday. The European Securities and Markets Authority (ESMA) said gas prices soared …

EU watchdog sees concentration, liquidity risks in gas derivatives Read More »

(Reuters) -Germany plans to buy 18 Leopard 2 tanks and 12 self-propelled howitzers to replenish stocks depleted by deliveries to Ukraine, according to procurement documents seen by Reuters on Friday. The tanks order will come to 525 million euros ($578 million) while the howitzers have a price tag of 190.7 million euros, all of which are …

Germany to buy 18 Leopard 2 tanks to replenish stocks -sources Read More »

FRANKFURT (Reuters) – A 53-year old individual suspected of firing shots and killing two colleagues at a production plant run by German carmaker Mercedes-Benz on Thursday had no license to own a gun, police said on Friday. The suspect has been in custody since his arrest at the plant, located some 17 km (10.6 miles) …

Suspected shooter at Mercedes-Benz plant had no firearm licence – police Read More »

By Andrew Osborn and Felix Light (Reuters) -Russia’s defence ministry said on Friday its forces repelled a surge of attempted Ukrainian attacks against positions in eastern Ukraine, but indicated that its troops had fallen back in one area for what it said were tactical reasons. The ministry said in a statement that Ukraine had deployed …

Russia says it repelled surge of Ukrainian attacks in the east Read More »

(Reuters) -Royal Mail’s CEO Simon Thompson plans to step down later this year, saying it was the “right time” for the company to move forward under new leadership, as the British postal group tries to draw a line under a lengthy pay dispute. Parent company International Distributions Services Plc (IDS) on Friday said its board …

UK’s Royal Mail CEO Thompson to step down after union clash Read More »

By Michael Holden LONDON (Reuters) – The lawyer for a British publisher being sued by Prince Harry and others said on Friday that the evidence for their claims its three titles were involved habitual unlawful activities was “slim to non-existent”. Harry, King Charles’ younger son, and more than 100 others including celebrities and high-profile figures, …

Evidence for Prince Harry’s hacking claims ‘slim to non-existent’, lawyer says Read More »

By Victoria Klesty OSLO (Reuters) -Norwegian Air is expecting one of its strongest summer seasons ever, but is concerned a shortage of Danish air traffic controllers could lead to problems, the budget airline said on Friday. The comments, which came as the company reported a loss for its seasonally weaker first quarter, chime with those …

Norwegian Air eyes strong summer, but Danish airport a worry Read More »

By Kirsty Needham SYDNEY (Reuters) -Papua New Guinea (PNG) Foreign Minister Justin Tkatchenko said he was resigning as minister on Friday amid a controversy over the cost and size of the country’s delegation to the coronation of King Charles III in London. Tkatchenko said in a statement that he “stood aside” after consulting with Prime …

Papua foreign minister resigns role over coronation travel cost controversy Read More »