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Venezuela’s oil exports fall 8% in April amid quality-linked delays -data
By Marianna Parraga and Mircely Guanipa
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Posted on May 5, 2022
FILE PHOTO: A sculpture is seen outside a building of Venezuela’s state oil company PDVSA in Caracas
(Reuters) – Venezuela’s oil exports fell 8% in April from the previous month amid continued delays linked to poor-quality crude grades and insufficient oil upgrading...
Croatia drops all entry rules for travellers: Here are 9 places to visit for a cultural experience
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Croatia drops all entry rules for travellers: Here are 9 places to visit for a cultural experience
Croatia has dropped all travel restrictions for tourists, as of May 2022. - Copyright Canva
By Camille Bello • Updated: 04/05/2022 - 18:44
Croatia has been a crossroads between the East and West for centuries. Once a Greek colony, later a Roman province, the country has been influenced by the Byzantines, Ottomans, Napoleon...
Mariupol theatre death toll feared to be double initial estimate
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By AP • Updated: 05/05/2022 - 11:33
A combination image showing the Mariupol theatre before and after the bombing. - Copyright Credit: AP/Satellite image ©2022 Maxar Technologies
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The number of civilians who are feared to have been killed in the shelling of a theatre in Mariupol in...
European stocks rally on Fed relief, encouraging earnings
By Claudia Cristoferi and Silvia Aloisi
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Posted on May 5, 2022
German share price index DAX graph is pictured at the stock exchange in Frankfurt
By Sruthi Shankar
(Reuters) -European stocks climbed on Thursday, riding a global stock markets rally after the Federal Reserve raised interest rates as expected but cooled aggressive tightening expectations, with sentiment lifted...
Shell posts record quarterly profit, lifted by energy price surge
By Ron Bousso and Shadia Nasralla
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Posted on May 5, 2022
FILE PHOTO: The Shell logo is seen on a pump at a Shell petrol station in London
LONDON (Reuters) -Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong...
EU citizens may sue countries for health-damaging dirty air, top court adviser says
By Kate Abnett
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Posted on May 5, 2022
FILE PHOTO: The Eiffel Tower is surrounded by a small-particle haze which hangs above the skyline in Paris
BRUSSELS (Reuters) – Citizens in European Union countries may be able to sue their governments for financial compensation if illegal levels of air pollution damage...
Asian equities see large outflows for fourth straight month
By Gaurav Dogra
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Posted on May 5, 2022
FILE PHOTO: South Korean 10,000 won note is seen on U.S. 100 dollar notes in this picture illustration taken in Seoul
(Reuters) – Asian equities saw massive foreign capital outflows in April on expectations of a hawkish policy by the U.S. Federal Reserve and concerns over the...
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Stellantis revenues jump 12% despite chip crunch, shares up
By Giulio Piovaccari
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Posted on May 5, 2022
Maserati unveils its new MC20 super sports car
MILAN (Reuters) – Revenue for carmaker Stellantis rose 12% in the first three months of the year, beating market expectations as strong pricing and the type of vehicles sold helped offset...
Just Eat Takeaway.com enters exclusive partnership with Domino’s in U.K
By Fergal Smith
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Posted on May 5, 2022
FILE PHOTO: The spread of the coronavirus disease (COVID-19) in London
BRUSSELS (Reuters) – Just Eat Takeaway.com said on Thursday it has exclusively partnered with Domino’s to become the only food delivery app to offer Domino’s pizza in the U.K. and Ireland, according to a statement.
“Our...
Disconnecting Russia’s banks: Sberbank faces SWIFT removal
By Kirstin Ridley and Karin Strohecker
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Posted on May 5, 2022
FILE PHOTO: A man walks past an office of the Russian largest lender Sberbank in Moscow
LONDON (Reuters) – The European Union aims to cut off Sberbank, Russia’s largest lender, from the SWIFT international payment system as Western allies seek to further isolate Moscow from financial...
BMW profit gets lift from Chinese joint venture, strong prices
By Nick Carey
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Posted on May 5, 2022
FILE PHOTO: BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich
LONDON (Reuters) – BMW posted a rise in first-quarter profit on Thursday, boosted by a reevaluation of the German car maker’s stake in its Chinese joint venture and strong pricing, and...
German industrial orders fall as Ukraine war dampens demand
By Metro US
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Posted on May 5, 2022
A woman passes a poster showing a production line with robots at the Hanover trade fair, in Hanover
BERLIN (Reuters) -German industrial orders fell more than expected in March, driven mainly by a reduction in orders from abroad as the war in Ukraine hit manufacturing demand in Europe’s...
UK revokes Moscow bourse’s status as recognised exchange
By Metro US
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Posted on May 5, 2022
The letters MOEX are pictured at the Moscow Exchange in Moscow
LONDON (Reuters) – Britain on Thursday revoked the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange, removing some tax relief for new investors.
Britain grants recognised status to some exchanges, which allow the securities traded on them...
EU antitrust chief calls for global approach towards tech giants
By Foo Yun Chee
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Posted on May 5, 2022
Interview of EU antitrust chief Margrethe Vestager
BERLIN (Reuters) – Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global approach towards Big Tech to prevent companies taking advantage of enforcement...