BLUX

Europe rushes to fill up on Russian diesel before ban begins

Europe rushes to fill up on Russian diesel before ban begins

LONDON, Nov 21 (Reuters) – European traders are racing to fill tanks in the region with Russian diesel ahead of the start of an EU ban in February as alternative sources remain limited. The European Union will ban imports of Russian petroleum products, on which it depends heavily for its diesel, by February 5. This …

Europe rushes to fill up on Russian diesel before ban begins Read More »

EU set to release billions in funds for Hungary - sources

EU set to release billions in funds for Hungary – sources

Funds worth 10% of Hungary’s 2022 GDP estimate at stake Orban seeks EU deal as Hungarian economy struggles Funds frozen due to democratic deficits in Hungary The EU executive is expected to take its next decision on November 29 BRUSSELS, Nov 17 (Reuters) – The European Union executive is on track to release billions of …

EU set to release billions in funds for Hungary – sources Read More »

Airbus and Qatar Airways clash over regulators and sending emails at London hearing

Airbus and Qatar Airways clash over regulators and sending emails at London hearing

LONDON, Nov 11 (Reuters) – Airbus (AIR.PA) and Qatar Airways clashed on Friday over their dealings with aviation watchdogs and a flood of confidential documents as legal claims over grounded aircraft reached $2 billion. Filling a large courtroom at London’s High Court, the latest procedural hearing in a high-stakes contract and security dispute worked through …

Airbus and Qatar Airways clash over regulators and sending emails at London hearing Read More »

European retailers scramble to keep prices low to attract struggling shoppers

European retailers scramble to keep prices low to attract struggling shoppers

LONDON, Nov 9 (Reuters) – Some European retailers forecast or announced better sales for the year this week after scrambling to keep prices low to attract cash-strapped shoppers, while others including Marks & Spencer (MKS.L) and Adidas (ADSGn.DE) warned of profiteering. Many consumers have turned to cheaper private label products, boosting sales at retailers like …

European retailers scramble to keep prices low to attract struggling shoppers Read More »

Debt market tensions in Europe force some governments to rework trade rules

Debt market tensions in Europe force some governments to rework trade rules

Oct 31 (Reuters) – Some eurozone countries have eased rules for banks handling their government debt trading to help them weather some of the toughest market conditions in years, officials said. officials at Reuters. Of the 11 major eurozone debt management agencies contacted by Reuters, Dutch and Belgian officials told Reuters they had relaxed various …

Debt market tensions in Europe force some governments to rework trade rules Read More »

EU offers to match UK move to boost trade in 'dark' stocks, documents show

EU offers to match UK move to boost trade in ‘dark’ stocks, documents show

LONDON, Oct 21 (Reuters) – A curb on “dark” or off-exchange trading in shares in the European Union should be removed altogether to better compete with Britain, EU documents seen by Reuters showed on Friday. The documents set out the latest compromises between EU states on reforming the bloc’s “MiFID” securities law to catch up …

EU offers to match UK move to boost trade in ‘dark’ stocks, documents show Read More »

EU to give Kyiv 18 billion euros next year to help run Ukraine

EU to give Kyiv 18 billion euros next year to help run Ukraine

EU offers 1.5 billion euros per month to lead Ukraine in 2023 Berlin to host October 25 conference for long-term reconstruction EU divided over more Russia sanctions, asset seizure and war tribunal BRUSSELS, Oct 21 (Reuters) – The European Union will pay Kyiv 1.5 billion euros a month in 2023 to help lead Ukraine in …

EU to give Kyiv 18 billion euros next year to help run Ukraine Read More »

The Fed may have to slow down or stop reducing its balance sheet in 2023, says Barclays

The Fed may have to slow down or stop reducing its balance sheet in 2023, says Barclays

NEW YORK, Oct 20 (Reuters) – The Federal Reserve may have to slow down or stop trimming its balance sheet by nearly $9 trillion sooner than many currently expect, according to a Barclays report. Investment banking analysts wrote this week that the current pace of decline is likely to change in the first half of …

The Fed may have to slow down or stop reducing its balance sheet in 2023, says Barclays Read More »