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Ukraine emergency power cuts cancelled, grid operator says May 15, 2024 02:35AM

(Reuters) - Ukrainian grid operator Ukrenergo has cancelled previously imposed emergency country-wide power cuts, private energy firm DTEK said on Wednesday.

Ukrenergo imposed restrictions from 6:40 a.m. to 9 a.m. (0440-0700 GMT), saying that power shortages had been caused by damage to generating capacity from Russian strikes.

This follows cuts that took place across Ukraine on Tuesday evening.

(Reporting... (continue reading...)


Column-'War economy' angle on debts risks 'creative' solutions: Mike Dolan May 15, 2024 02:06AM

By Mike Dolan

LONDON (Reuters) - Big public debts typically stem from big economic and political junctures that require government to spend big - but reining them back risks 'creative' solutions markets may struggle to price.

The cumulative cost of post-pandemic public spending amid new geopolitical realities - including anything from green energy investment, chip-making security or Ukraine-related defence bills for example - are now... (continue reading...)


TUI hopeful for summer despite higher prices after strong Q2 May 15, 2024 02:05AM

BERLIN (Reuters) -Europe's largest tour operator TUI on Wednesday said it sees good demand for the upcoming summer season despite higher prices after reporting stronger-than-forecast results in the typically weak winter period.

"Travelling is very popular with people. We see trends that will further strengthen this in the future," CEO Sebastian Ebel said in a statement.

Travel firms are hopeful that 2024's summer season will surpass... (continue reading...)


Amazon Web Services plans $8.4 billion cloud investment in Germany May 15, 2024 02:02AM

STOCKHOLM (Reuters) - Amazon Web Services (AWS) said on Wednesday it plans to invest 7.8 billion euros ($8.44 billion) in Germany through 2040 as it builds a cloud computing infrastructure specifically for Europe.

AWS last year announced plans to store data on servers located in the European Union to protect data privacy for government and customers in highly regulated industries.

The company said it will launch several data centres in... (continue reading...)


No shortage of Wegovy weight-loss drug in Denmark, Novo Nordisk says May 15, 2024 01:58AM

COPENHAGEN (Reuters) - Novo Nordisk does not expect a shortage of its Wegovy weight-loss drug in Denmark despite an earlier warning by the Danish Medicines Agency of strained supply of two separate doses in the coming weeks, the company said.

The Danish regulator on Monday issued two statements saying the country faced a shortage of the Wegovy Flextouch 1 mg injection pen from late May to mid-June and the 0.5 mg Wegovy Flextouch injection pen between... (continue reading...)


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