Russia’s Inter RAO to halt power exports to Finland due lack of payment

HELSINKI, May 13 (Reuters) – Russian utility Inter RAO (IRAO.MM) will stop exporting electricity to Finland from Saturday at 0100 local-time (Friday at 2200 GMT) as it had not been paid, the Finnish grid company said on Friday . The trade in electricity imported from Russia will be suspended “for the time being” due to… Continue reading Russia’s Inter RAO to halt power exports to Finland due lack of payment

Global shares fall on fears of global economic slowdown

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 12, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe down over 2%, US equity futures struggle Dollar hits 2yr highs, accelerates… Continue reading Global shares fall on fears of global economic slowdown