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24 Mar

German gas buyers raise the alarm over Russia's rouble demand

German utilities on Thursday said their country needed an early warning system to tackle gas shortages, a day after Russia ordered the switch of contract payments to roubles, raising the risk of a supply squeeze and even higher prices.

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24 Mar

Alphabet CEO Sundar Pichai to meet EU antitrust chief March 30

Alphabet Chief Executive Officer Sundar Pichai will meet Europe's antitrust chief on March 30 to discuss competition and digital issues, a European Commission official said on Thursday.

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24 Mar

Daimler Truck currently not in talks over stake in Russia's Kamaz

Daimler Truck said on Thursday it was not now in talks over whether it would take over a stake in Russia's Kamaz from its former parent Mercedes-Benz AG, an issue that predated the Ukraine crisis.

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24 Mar

SAP winds down Russia activities further, ending cloud services

German business software giant SAP on Thursday said it would shut down its cloud operations in Russia, withdrawing further from the country after stopping sales in Russia earlier this month.

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24 Mar

EU leaders plan energy security boost, brush off Russian rouble demand

BRUSSELS (Reuters) -European Union leaders are set to agree at a two-day summit starting on Thursday to jointly buy gas as they seek to cut reliance on Russian fuels, with some saying they would not comply with Moscow's demand to buy oil and gas using roubles.

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24 Mar

Russian demand for rouble gas payments would be breach of contract, EU leaders say

Leaders from some European Union member states said on Thursday Russia's demand that "unfriendly" countries use roubles to buy for its oil and gas could breach supply contracts.

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24 Mar

European shares fall as Ukraine worries deepen

(Reuters) -European shares fell on Thursday, as the war in Ukraine entered its second month and Western countries bolstered Ukraine aid and expanded sanctions on Russia at a special NATO summit.

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