Ukraine advance in Lyman shows it can push back Russian forces, NATO chief says

WASHINGTON, Oct 2 (Reuters) – Ukraine’s capture of a city within territory of Russian President Vladimir Putin’s declared annexation demonstrates that Ukrainians are making progress and able to push back against Russian forces, NATO Secretary-General Jens Stoltenberg said on Sunday. “We have seen that they have been able to take a new town, Lyman, and … Read more

Analysis: Under water: how the Bank of England threw markets a lifeline

Bank of England bought bonds after pension fund pleas Some UK pension funds faced problematic margin calls BoE support seen as giving window to build collateral British government’s unfunded tax plan spooked markets LONDON/NEW YORK, Oct 2 (Reuters) – Calls to the Bank of England saying some British pension funds were struggling to meet margin … Read more

Tencent shifts focus to majority deals, overseas gaming assets for growth

HONG KONG, Oct 1 (Reuters) – Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies, as the tech giant eyes global expansion to offset slowing growth at home in China, people with direct knowledge of the matter said. Tencent Holding Ltd (0700.HK) has for years … Read more

Venezuela frees 7 jailed Americans in swap for 2 Maduro relatives

WASHINGTON, Oct 1 (Reuters) – Venezuela on Saturday freed seven Americans, including five oil executives, in exchange for two relatives of Venezuelan President Nicolas Maduro jailed in the United States on drug convictions, U.S. officials said. The swap included executives of Citgo Petroleum held for years, in addition to U.S. Marine veteran Matthew Heath and … Read more

Meta board approves personal security to outgoing executive Sheryl Sandberg

Sept 30 (Reuters) – Meta Platforms Inc (META.O) said on Friday its board had approved providing personal security services to former Chief Operating Officer Sheryl Sandberg, citing “continuing threats to her safety”. The company, however, did not elaborate on the threats that Sandberg, one of the most powerful women in Silicon Valley, faces. It expects … Read more

Italy’s Eni working with Gazprom to resolve Russian gas flow halt

MILAN, Oct 1 (Reuters) – Italy’s Eni (ENI.MI) said it not would receive any of the gas it had requested from Russia’s Gazprom (GAZP.MM) for delivery on Saturday, but the firms said they were working to fix this. Russian gas supplies through the Tarvisio entry point will be at zero for Oct. 1, Eni, the … Read more

United Airlines to halt service at New York’s JFK airport in October

WASHINGTON, Sept 30 (Reuters) – United Airlines (UAL.O) said on Friday it will suspend service in late October to New York’s John F. Kennedy Airport (JFK). Earlier this month, United had threatened to take the action if the Federal Aviation Administration (FAA) did not grant the air carrier additional flights. United has been flying just … Read more

Russian patrol detains head of Ukraine’s Zaporizhzhia nuclear plant, Energoatom says

KYIV, Oct 1 (Reuters) – A Russian patrol has detained the director general of Ukraine’s Russian-occupied Zaporizhzhia nuclear power plant, the state-owned company in charge of the plant said on Saturday, and the U.N. nuclear watchdog said it was seeking “clarifications”. Ihor Murashov was detained on his way from the Zaporizhzhia nuclear plant, Europe’s largest, … Read more

Nord Stream rupture may mark biggest single methane release ever recorded -UN

Sept 30 (Reuters) – The ruptures on the Nord Stream natural gas pipeline system under the Baltic Sea have led to what is likely the biggest single release of climate-damaging methane ever recorded, the United Nations Environment Programme said on Friday. A huge plume of highly concentrated methane, a greenhouse gas far more potent but … Read more

U.S. has much to gain from Nord Stream damage, Russia says at U.N.

Sept 30 (Reuters) – The Russian ambassador to the United Nations on Friday told the Security Council that the U.S. has much to gain in gas trade from damage to the Nord Stream pipeline system under the Baltic Sea but stopped short of blaming Washington for this week’s explosions. A council meeting convened at Russia’s … Read more