EXCLUSIVE Top EU official backs multi-trillion plan to rebuild Ukraine

Rebuilding Ukraine will cost trillions of euros – top EU banks EIB chief Hoyer calls for Marshall-style Plan for Ukraine Urges West and its banks to underwrite Ukraine finances BRUSSELS, May 11 (Reuters) – A top European official has backed a multi-trillion-euro “Marshall” -style plan to rebuild Ukraine, pledging the firepower of the EU lending … Read more

Ukraine pushes Russian forces back, restricts gas flow to Europe

Ukraine redirecting Russia gas to Europe Ukraine counter-offensive could shift war’s momentum Ukrainian forces seeking to cut off Russian supply lines Kremlin says up to Kherson residents to decide if they want to join Russia Mariupol steelworks under bombardment again KYIV / VILHIVKA, Ukraine, May 11 (Reuters) – Ukrainian forces reported battlefield gains on Wednesday … Read more

Exclusive: Germany prepares crisis plan for abrupt end to Russian gas

BERLIN, May 9 (Reuters) – German officials are quietly preparing for any sudden halt in Russian gas supplies with an emergency package that could include taking control of critical firms, three people familiar with the matter told Reuters. The preparations being led by the Ministry of Economic Affairs show the heightened state of alert about … Read more

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $ 100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s … Read more

Explainer: Will Russia use nuclear weapons?

May 6 (Reuters) – At the start of Russia’s invasion of Ukraine, Russian President Vladimir Putin obliquely raised the possibility of a nuclear strike against anyone who intervened in the conflict. Below are some of the key issues surrounding the possibility – viewed as remote by many analysts and Western diplomats – that Putin might … Read more

Tata, India’s electric vehicle king, takes a frugal road less traveled

PUNE, India, May 2 (Reuters) – To make its first electric vehicle for the consumer market, India’s Tata Motors Ltd (TAMO.NS) repurposed an unused shop floor at its flagship plant. Here, there’s no fancy assembly line – Nexon SUV bodies designed for gasoline models are wired and fitted with battery packs by hand. The area, … Read more

Ukraine spars with Russia over talks, says Moscow not succeeding in east

Ukraine says Russia’s ‘playbook for murder’ endangers talks Russia says dropping sanctions key to peace talks Russia preparing for new offensives in east, Ukraine says KYIV, April 30 (Reuters) – Ukraine and Russia traded accusations over shaky talks to end a war now in its third month as Russia pounded areas in the east of … Read more

Wall Street tumbles, as European shares again retreat

Nasdaq closes at lowest since late 2020 World, European shares give back earlier gains China stocks fall further as Beijing races to battle COVID Dollar hits fresh 2-year peak on China COVID fears, Fed bets Graphic: Global asset performance WASHINGTON / MILAN, April 26 (Reuters) – US shares tumbled on Tuesday, with the Nasdaq posting … Read more

Russia warns ‘serious’ nuclear war risks should not be underestimated

Russia warns US against arming Ukraine US eyes ammunition for howitzers, tanks and grenade launchers UK to send ambulances, fire engines and medical supplies LVIV, Ukraine / KYIV, April 26 (Reuters) – Russia told the world not to underestimate the considerable risks of nuclear war that it said it wanted to reduce and warned that … Read more

Ukraine says Russia is starting to push east and kill civilians; 7 die in Lviv

Ukraine says a petrol station for public cars was involved in an accident in Lviv Russia says it has fired hundreds of military inspections Ukrainian fighters hold out in parts of Mariupol Commander Mariupol asks the pope to help save lives LVIV / KYIV, April 18 (Reuters) – Ukraine said on Monday that Russia had … Read more