RWE has stopped offshore wind activities in United States
"We remain cautious given the political developments. We have introduced higher requirements for future investments in the U.S.," Markus Krebber said in the speech for the AGM, which is scheduled to take place on April 30.
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Russia orders state-backed MAX messenger app, a WhatsApp rival, pre-installed on phones and tablets
MOSCOW, Aug 21 (Reuters) - A Russian state-backed messenger application called MAX, a rival to WhatsApp that critics say could be used to track users, must be pre-installed on all mobile phones and tablets from next month, the Russian government said on Thursday. The decision to promote MAX comes as Moscow is seeking greater control over the internet space as it is locked in a standoff with the West over Ukraine, which it casts as part of an attempt to shape a new world order. The Russian government said in a statement that MAX, which will be integrated with government services, would be on a list of mandatory pre-installed apps on all "gadgets," including mobile phones and tablets, sold in Russia from September 1. State media says accusations from Kremlin critics that MAX is a spying app are false and that it has fewer permissions to access user data than rivals WhatsApp and Telegram. It will also be mandatory that from September 1, Russia's domestic app store, RuStore, which is pre-installed on all Android devices, will be pre-installed on Apple devices. A Russian-language TV app called LIME HD TV, which allows people to watch state TV channels for free, will be pre-installed on all smart TVs sold in Russia from January 1, the government added. The push to promote homegrown apps comes after Russia said this month it had started restricting some calls on WhatsApp, owned by Meta Platforms (META.O), opens new tab, and on Telegram, accusing the foreign-owned platforms of failing to share information with law enforcement in fraud and terrorism cases. WhatsApp, which in July had a reach of 97.3 million in Russia, responded by accusing Moscow of trying to block Russians from accessing secure communications, while Telegram, which had a reach of 90.8 million users, said it actively combats the harmful use of its platform. The third most popular messenger app in July, according to Mediascope data, was VK Messenger at 17.9 million people, an offering from the same state-controlled tech company VK ( opens new tab which developed MAX. MAX said this week that 18 million users had downloaded its app, parts of which are still in a testing phase. Russia's interior ministry said on Wednesday that MAX was safer than foreign rivals, but that it had arrested a suspect in the first fraud case using the new messenger.
Reuters
28 minutes ago
- Reuters
UK factories report new downturn and weak outlook, CBI says
LONDON, Aug 21 (Reuters) - British manufacturers have suffered a fresh setback with orders falling heavily in the three months to August and further weakness expected ahead, according to a survey published on Thursday by the Confederation of British Industry. The CBI's monthly balance for manufacturing new orders slipped to -33 in August from -30 in July, taking them back to June's low which was the weakest since the start of 2025. A gauge of output expected over the next three months slipped to -13 from -6, the lowest since May, adding to the sense of gloom over the sector which has been the uncertainty caused by U.S. President Donald Trump's trade tensions as well as a tax hike at home. "Manufacturers report that rising costs are squeezing margins and leaving customers more cautious, which in turn is hitting orders and weighing on output," CBI Lead Economist Ben Jones said. "With weak demand compounded by trade frictions and policy uncertainty, the outlook for UK manufacturers remains challenging," Jones said. Firms' expectations for the prices they charge fell to their weakest since October last year. Earlier on Thursday, a separate monthly survey also showed a fall in new orders and overall activity in the manufacturing sector, in contrast to an improvement for services firms.
Reuters
28 minutes ago
- Reuters
Oil rises 1% on signs of strong demand, Russia-Ukraine peace uncertainty
LONDON, Aug 21 (Reuters) - Oil prices rose 1% on Thursday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support. Brent crude futures were close to a two-week high and up 64 cents, or around 1%, to $67.48 a barrel at 1012 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 65 cents, or 1%, to $63.36 a barrel. Both contracts climbed over 1% in the prior session. Russia said on Wednesday that attempts to resolve security issues relating to Ukraine over the war without Moscow's participation were a "road to nowhere". "If the White House's efforts do result in a halt to hostilities in Ukraine, and Russia gradually coming back into the international fold, it will be bearish for the crude market. But for now the Brent price floor to watch out for remains at $65 a barrel," said independent analyst Gaurav Sharma. U.S. President Donald Trump has announced an additional tariff of 25% on Indian goods from August 27 because of India's Russian crude purchases, which make up nearly 35% of its overall oil imports. Russian embassy officials in New Delhi said on Wednesday that Moscow expects to continue supplying oil to India despite warnings from the United States. Given uncertainty over progress towards ending the war in Ukraine, the possibility of tighter sanctions on Russia has resurfaced, which led to bullish sentiment among traders, said Tamas Varga, an analyst at PVM Oil Associates. Meanwhile, U.S. crude inventories fell by 6 million barrels last week to 420.7 million barrels, the U.S. Energy Information Administration said on Wednesday, against expectations in a Reuters poll for a 1.8 million-barrel draw. While the large draw indicates increased demand, the rise in crude levels at Cushing suggest underlying demand may be softer and that the draw was higher in part due to higher refinery runs and increased exports, Panmure Liberum's Ashley Kelty said.
