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Analysis-Central Europe’s path to lower inflation strewn with hazards
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Europe had second-warmest year on record in 2022, EU scientists say
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WHO backs mask wearing on long flights as new Omicron variant spreads
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EU energy regulator to launch LNG price assessment on Friday
Exclusive-Shell energy transition prompted talks to sell Norway business
Date: January 10, 2023
By Ron Bousso LONDON (Reuters) – Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell has said it will focus its oil and gas...
Uniper CEO to resign due to government takeover
Date: January 10, 2023
BERLIN (Reuters) – Uniper Chief Executive Klaus-Dieter Maubach plans to resign this year due to the nationalisation of the embattled utility by the German government, the firm said in a statement on Tuesday. Maubach and Chief Operating Officer David Bryson are exercising their special right of termination in the event of a change of ownership...
Mercedes-Benz sells 2.05 million passenger cars in 2022
Date: January 10, 2023
BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous year as the carmaker felt the impact of COVID-19 measures and bottlenecks. Still, fourth-quarter sales rose 17% as logistics and supply chain bottlenecks eased, and battery-electric sales grew 124% over the course of the year...
Festive cheer boosts profit outlook for UK’s Card Factory
Date: January 10, 2023
By Aby Jose Koilparambil (Reuters) – UK greeting cards retailer Card Factory lifted its full-year earnings forecast on Tuesday after people flocked to its high street stores to buy Christmas cards as Royal Mail strikes deterred online sales. Shares of the FTSE SmallCap firm rose as much as 9.2% to 95 pence, their highest level...
UK’s Morgan Advanced Materials reports cyber security incident on its network
Date: January 10, 2023
(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident after detecting unauthorised activity on its network. The company, which makes a wide range of heat-resistant and other industrial materials, said it had launched an investigation and was taking steps to ensure that its businesses could...
Cryptoverse: Bitcoin digs in for a bumpy new year
Date: January 10, 2023
By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies have crept into the new year, licking their wounds after the carnage of 2022. The overall global crypto market cap has risen 5% to $871 billion since Jan. 1, but it’s still down over 57% from this...