Russia’s TCS Group reports 30% rise in third-quarter net income

[ad_1] FILE PHOTO: The logo of Tinkoff Bank is seen on a board at the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. REUTERS/Maxim Shemetov/ MOSCOW (Reuters) – Russian…

Poland and Hungary are open to new proposals on EU budget

[ad_1] FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, January 18, 2018. REUTERS/Francois Lenoir WARSAW (Reuters) – Poland and Hungary are open to new…

CORRECTED-UPDATE 1-Poland launches new COVID-19 economic aid worth about $10 bln

[ad_1] (Corrects to read 25-27 billion zlotys in para 4, from 24-27 billion) WARSAW, Nov 26 (Reuters) – Poland is introducing a programme to help its economy withstand the hit…

Germany’s Scholz urges quick implementation of EU recovery funds as infections rise

[ad_1] BERLIN, Oct 6 (Reuters) – German Finance Minister Olaf Scholz said on Tuesday that rising coronavirus infections across Europe were underlining the need to implement the agreed 750 billion…

IMF urges Serbia to speed up privatisation of state-owned firms

[ad_1] BELGRADE (Reuters) – Serbia’s economy has strengthened over the past three years but the government must accelerate privatisation of poorly managed state firms and cut a bloated public sector…

Russia halts oil to Belarus, but transit to Europe still flowing

[ad_1] By Andrei Makhovsky, Olga Yagova MINSK/MOSCOW (Reuters) – Russia has halted oil supplies to refineries in Belarus, the Belarusian state energy firm said on Friday, amid a new contract…

Credit Suisse fully compliant on sanctions: CEO

[ad_1] FILE PHOTO: Chief Executive Tidjane Thiam of Swiss bank Credit Suisse speaks during the Forum 100 conference in Lausanne, Switzerland May 19, 2016. REUTERS/Denis Balibouse/File Photo ZURICH (Reuters) –…

Mink ‘good reservoirs’ for COVID-19, Denmark shows courage in cull: WHO

[ad_1] FILE PHOTO: Caged minks are seen amid the coronavirus disease (COVID-19) outbreak, at a mink farm in Gjoel, North Jutland, Denmark October 9, 2020. Ritzau Scanpix/Mads Claus Rasmussen via…

Greek bank loans subject to COVID-19 repayment relief hit $37 billion last year

[ad_1] ATHENS (Reuters) – Greek banks deferred repayments on 30 billion euros ($36.85 billion) worth of loans last year to help borrowers cope with the financial fallout of the COVID-19…

Poland’s PKN Orlen to shift to clean energy from oil refining

[ad_1] WARSAW (Reuters) – Poland’s biggest oil refiner PKN Orlen expects to invest around 140 billion zlotys (28.13 billion pounds) over the next 10 years as it shifts to clean…