Top Stories
Top Stories
PM Rishi Sunak sets out priorities for Britain, responds to critics
Top Stories
Most EU countries back COVID pre-departure testing for flights from China
Top Stories
Blackstone offers backstop to lure University of California in redemption-stricken REIT
Top Stories
Microsoft videogame testers form company’s first U.S. union
French watchdog fines H2O Asset Management, executives over Tennor investments
Date: January 4, 2023
(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its managers close to 100 million euros ($105 million) in total for several breaches linked to investments in illiquid Tennor Holding assets. H2O in 2019 became the subject of market and regulatory concern over its investments...
French energy suppliers will let struggling bakers renegotiate contracts – Le Maire
Date: January 4, 2023
By Dominique Vidalon PARIS (Reuters) -France’s energy suppliers have agreed to allow the country’s trademark bakeries to renegotiate their contracts if they struggle to pay their bills, Finance Minister Bruno Le Maire said on Tuesday. Many bakers producing France’s famous baguettes and croissants are teetering on the brink of financial collapse after Russia’s invasion of...
Tesla in pole position in Norway’s race to EV goal
Date: January 3, 2023
By Victoria Klesty OSLO (Reuters) -Four out of five new cars sold in Norway in 2022 were battery powered, led by Tesla, but some in the industry say new taxes could thwart the country’s goal of becoming the first to end the sale of petrol and diesel automobiles by 2025. Elon Musk’s electric-only Tesla Inc....
EU offers China free vaccines as COVID-19 infections surge
Date: January 3, 2023
BRUSSELS (Reuters) – The European Union has offered free COVID-19 vaccines to China, the EU executive said on Tuesday, as infections there surged following Beijing’s relaxation of its “zero-COVID” policies. China has not responded to the offer yet, a spokesperson for the European Commission told journalists at a regular briefing. He did not specify the...
Dollar jumps, euro dips before Fed minutes
Date: January 3, 2023
By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes from its December meeting, while the euro was dented by moderating inflation data. The U.S. central bank slowed its pace of interest rate hikes to 50 basis points last month after delivering four consecutive 75-basis...
UK factories face tough 2023 after December weakness
Date: January 3, 2023
By David Milliken LONDON (Reuters) -British manufacturers are starting 2023 on the back foot, after they reported one of their sharpest falls in activity since the 2008-09 recession last month, reflecting a sharp fall in new orders and ongoing job cuts. The S&P Global/CIPS UK manufacturing Purchasing Managers’ Index (PMI) sank to 45.3 in December...