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

Barclays hit by $361 million U.S. penalty for ‘staggering’ blunder

Sept 30 (Reuters) – British lender Barclays (BARC.L) agreed a $361 million penalty with U.S. regulators on Thursday for “staggering” failures that led it to oversell $17.7 billion of structured products, racking up further costs for an error that has blighted CEO C.S. Venkatakrishnan’s first year in charge. The bank said after London market close … Read more

Hurricane Ian looms off Carolinas after 21 deaths reported in Florida

FORT MYERS, Fla., Sept 30 (Reuters) – A resurgent Hurricane Ian barreled toward South Carolina on Friday, a day after carving a path of destruction across the Florida peninsula, washing away houses, causing a causeway to collapse and stranding thousands along the state’s Gulf Coast. The hurricane led to at least 21 confirmed or unconfirmed … Read more

Q+A Nord Stream gas ‘sabotage’: who’s being blamed and why?

WARSAW, Sept 30 (Reuters) – Major leaks that suddenly erupted in the Nord Stream gas pipelines that run from Russia to Europe under the Baltic Sea have generated plenty of theories but few clear answers about who or what caused the damage. Here is what we know and what has been said so far: WHO … Read more

Russian spy chief: West was behind sabotage of Nord Stream

Spy chief: West was involved Spy chief: West trying to cover up Putin: this was an act of international terrorism TBILISI/LONDON, Sept 30 (Reuters) – Russia’s top spy said on Friday that Moscow had intelligence indicating that the West was behind what he said was a “terrorist act” against the Nord Stream gas pipelines under … Read more

Russia says Nord Stream likely hit by state-backed ‘terrorism’

Kremlin says damage to pipelines looks like ‘terrorism’ EU official says leaks change nature of Ukraine conflict European officials say Russian ships seen nearby -CNN MOSCOW/BRUSSELS, Sept 29 (Reuters) – Russia said on Thursday that leaks spewing gas into the Baltic Sea from pipelines to Germany appeared to be the result of state-sponsored “terrorism”, as … Read more

Exclusive: Brands blast Twitter for ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters. DIRECTV and Thoughtworks also told Reuters late on Wednesday they have paused their advertising on … Read more

Exclusive: Europe braces for mobile network blackouts

PARIS/STOCKHOLM/MILAN, Sept 29 (Reuters) – Once unthinkable, mobile phones could go dark around Europe this winter if power cuts or energy rationing knocks out parts of the mobile networks across the region. Russia’s decision to halt gas supplies via Europe’s key supply route in the wake of the Ukraine conflict has increased the chances of … Read more

Russia demands Apple explain VK removal from App Store

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Sept 28 (Reuters) – Russia’s communications regulator on Wednesday demanded an explanation from Apple (AAPL.O) after applications operated by the Russian state-controlled tech firm VK (VKCOq.L) were removed from the U.S. firm’s App Store. The regulator, Roskomnadzor, … Read more

Porsche debuts with $72 bln price tag in bumper IPO

FRANKFURT, Sept 29 (Reuters) – Porsche AG made its debut on the stock market on Thursday, with a price tag of about 75 billion euros ($72.45 billion) after Volkswagen (VOWG_p.DE) priced shares at the top end of the range, braving turbulent market conditions. The bumper flotation, expected to generate around 19.5 billion euros ($19.0 billion), … Read more