News

SEFE concerned as Russia targets gas storage tanks in Ukraine

bne IntelliNews April 19, 2024

German gas trader SEFE has expressed concern over recent Russian attacks targeting Ukraine's largest underground storage facility with a capacity of 30bcm.

EU’s Von der Leyen, China call for calm following Israeli attacks on Iran

bne Tehran bureau April 19, 2024

European Commission President Ursula von der Leyen urged Israel and Iran to prevent further escalation in the Middle East following an Israeli strike on Iranian territory

BREAKING: Iran denies 'Israeli strike', admits shooting down drones

bne Tehran bureau April 19, 2024

Iranian military and government officials confirmed that recent air defence activity in Isfahan province was a routine measure against suspicious aerial objects, with no resulting damages or incidents.

Poland's first nuclear plant may carry €35bn price tag

bne IntelliNews April 19, 2024

Construction is expected to start in 2026, but the head of nuclear power SPV Polskie Elektrownie Jadrowe (PEJ) warns the costs will be high.

Parliament of Bosnia’s Republika Srpska passes resolution denying Srebrenica genocide

bne IntelliNews April 19, 2024

Bosnian Serb politicians have repeatedly pushed against Bosnia’s state-level legislation, which stipulates that denying the Srebrenica genocide is a crime.

Croatia’s HDZ, SDP start race to attract coalition partners

Denitsa Koseva in Sofia April 18, 2024

PM Andrej Plenkovic's HDZ was first placed in Croatia's general election, but does not have enough MPs to form a government alone.

Iran's President Raisi warns Israel against any missteps

bne Tehran bureau April 18, 2024

Iran's President Ebrahim Raisi issued a stern warning to Israel late on April 18, cautioning that any mistake or aggression towards Iranian territory would be met with a severe response that would leave Israel and its allies regretting their actions.

Iran says may revise nuclear policies in case of Israeli threat against its sites

bne Tehran bureau April 18, 2024

Iran said it could revise its anti-nuclear weapons doctrine if threatened by Israel against its nuclear sites, in an escalation of events as the Jewish State prepares to celebrate passover on April 22.

Premier Energy announces €125mn IPO in Bucharest to boost renewables portfolio

bne IntelliNews April 18, 2024

Bucharest Stock Exchange becomes increasingly attractive for investors after last year's Hidroelectrica IPO.

US senators seek closer ties with Western Balkans to combat Russia's 'malign influence'

bne IntelliNews April 18, 2024

Members of the US Senate Committee on Foreign Relations warned of the risk of destabilisation in the Western Balkans since the start of Russia’s war in Ukraine.

Cordia launches €1bn waterfront residential project in Budapest

Tamas Csonka in Budapest April 18, 2024

Cordia will build more than 2,500 homes on the 14-hectare brownfield site in the coming years.

Kazakhstan’s Kashagan claims against big oil firms now reportedly top $150bn

bne IntelliNews April 18, 2024

Astana said to have added $138bn claim for lost revenue, arguing energy majors developing Caspian Sea field have not fully delivered on production pledges.

Czech tycoon Kretinsky’s £4.5bn bid for owner of Royal Mail rejected

Albin Sybera April 18, 2024

IDS shares jumped by 29% on April 17 after it announced it had turned down an indicative offer at 320p per share from Kretinsky’s EP Group.

Croatia’s ruling HDZ leads in general election, preliminary results show

bne IntelliNews April 18, 2024

PM Andrej Plenkovic's party to be largest in parliament but needs partner to form government, putting rightwing Homeland Movement in kingmaker position.

Czechia paid five times more for energy imports from Russia than it spent on aid to Ukraine

Albin Sybera April 17, 2024

The amount of money Czechia spent on Russian energy imports until the end of 2023 could finance more than three weeks of Russian fighting in Ukraine.

Russia's AvtoVAZ to start exporting Lada cars to Iran in 2024

bne Tehran bureau April 17, 2024

Russian carmaker AvtoVAZ is set to return to the Iranian market after a 25-year hiatus, the company’s president, Maxim Sokolov, has said, ignoring Middle East tensions.

Dubai airport, city and roads still underwater from historic floods

Deema Kanaani in Dubai April 17, 2024

Dubai witnessed "chaos" on April 17, with continued road closures and travellers urged not to come to the airport, a day after a storm accompanied by rains flooded large portions of the city.

Russian missile attack kills over a dozen people in Chernihiv, Ukraine

bne IntelliNews April 17, 2024

At least 14 people were killed and over 60 others injured, including two children, as Russian forces launched a devastating missile attack on the city of Chernihiv on the morning of April 17, according to reports from the Prosecutor General's Office

Sick-looking Iranian president warns Israel of 'strong response'

bne Tehran bureau April 17, 2024

Iranian President Raisi looks ill in cabinet meeting

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