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    Q1 2024 Innovate Corp Earnings Call

    Q1 2024 Innovate Corp Earnings Call

  • Reuters

    UPDATE 1-Russia says Germany using baseless 'hacker myths' to destroy ties

    Russia accused Germany on Wednesday of using baseless myths about Russian hackers to escalate tensions and said Berlin's decision to recall its ambassador would lead to further deterioration of bilateral ties. Germany said it had recalled its ambassador to Russia for consultations after Berlin accused Moscow of launching cyberattacks on its defence and aerospace firms and ruling party. "Berlin regularly exploits the myth of malicious activity of allegedly Russian hackers in Germany, this is done to escalate tensions in bilateral relations," Russian Foreign Ministry Spokeswoman Maria Zakharova said.

  • Reuters

    Germany's EnBW signs 15-year LNG supply deal with ADNOC

    German utility company EnBW said it has signed a 15-year liquefied natural gas (LNG) contract with Abu Dhabi National Oil Company (ADNOC), as Europe boosts LNG imports after Russia's invasion of Ukraine curtailed westbound pipeline gas shipments. ADNOC, which in March committed to delivering LNG to EnBW's German rival SEFE from its new Ruwais LNG project from 2028 onwards, is set to send 0.6 million metric tons per year to EnBW also from 2028, an EnBW press release said on Wednesday. For EnBW, a south west German power and gas supplier, the step marks its first LNG contract with a Middle Eastern partner, which it said will help it diversify its procurement and speed the creation of an LNG value chain.