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Rent in England hits record high in 12 months to November, ONS says
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Marathon VW talks to resume in search for pre-Christmas deal with unions
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UK inflation hits 8-month high but underlying pressures steady
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London’s Heathrow to invest nearly $3 billion to upgrade airport
Eutelsat announces contract with Airbus for 100 satellites
Date: December 18, 2024
(Reuters) -French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb constellation extension, with deliveries to begin around the end of 2026. OneWeb is a European constellation of low Earth orbit (LEO) communications satellites acquired by Eutelsat in 2023 to rival the likes of Elon Musk-owned SpaceX’s Starlink...
Parties unveil plans to rescue Germany from economic doldrums
Date: December 17, 2024
By Andreas Rinke and Matthias Williams BERLIN (Reuters) -Germany’s main political parties presented their competing plans on Tuesday for lifting Europe’s largest economy out of the doldrums as campaigning kicked off for a snap election on Feb. 23. The election, triggered after Social Democrat Chancellor Olaf Scholz’s three-party coalition collapsed last month amid arguments over...
New HIV prevention drug could reach poorest countries by 2025, says health official
Date: December 17, 2024
By Jennifer Rigby LONDON (Reuters) – A new long-acting preventive HIV drug could reach the world’s poorest countries by the end of 2025 or early 2026, a global health official told Reuters on Tuesday. The ambition is to start deliveries of Gilead Sciences’ lenacapavir on that timeline, said Hui Yang, head of supply operations at...
EU adopts new Russia sanctions targeting China, shadow fleet
Date: December 17, 2024
By Julia Payne BRUSSELS (Reuters) -The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine, including tougher measures against Chinese entities and more vessels from Moscow’s so-called shadow fleet, the EU Commission said in a statement on Monday. The new package adds 52 vessels from the shadow fleet...
QUOTES-Economists on German parties’ election programmes
Date: December 17, 2024
BERLIN (Reuters) -Germans are preparing to go to the polls on Feb. 23 after Chancellor Olaf Scholz lost a confidence vote, and their emphasis will be on the parties’ proposed solutions for the stuttering economy. The election catches Germany at a testing time, with the economy set to shrink for a second straight year, industrial...
ECB imposes extra capital charge on 13 banks over leverage risk
Date: December 17, 2024
FRANKFURT (Reuters) – The European Central Bank imposed additional capital charges on 13 euro zone banks this year, judging that they might be taking on more risk than they can absorb. This “add-on” to the banks’ leverage ratio requirement, which measures a bank’s core capital as a percentage of its total assets, was applied to...