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Hertz to pay $168 million to settle over 95% of wrongful theft report claims
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Emergency call services, telcos urge EU to protect telecoms networks from power cuts
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First winter cold snap tests French power grid
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EU seeks deal on law preventing import of deforestation-linked goods
Greece, Britain discussing Parthenon Sculptures return but deal not close, Athens says
Date: December 5, 2022
By Renee Maltezou ATHENS (Reuters) – The Greek government on Monday quashed local media reports that a deal with Britain over the repatriation of the Parthenon Sculptures to Athens was imminent but said the two sides were in talks on the long-running dispute. The British government also said it had no plans to change laws...
Historic crown to be modified for King Charles’s coronation
Date: December 5, 2022
LONDON (Reuters) – The historic St Edward’s Crown, which has been the centrepiece of the coronation of monarchs in England for more than 350 years, has been removed from the Tower of London to be modified for the coronation of King Charles III next May, Buckingham Palace said. The crown, which usually forms part of...
Italy ageing faster than EU peers, population drops below 59 million
Date: December 5, 2022
ROME (Reuters) – Italy’s population has dropped below 59 million and the country is ageing at a much faster rate than its European Union peers, national statistical agency Istat said on Monday. A shrinking and ageing population is a major worry for a stagnant economy like Italy as it is linked to falling productivity, less...
EDF sold excess power on Sunday, forced to buy back on intraday market
Date: December 5, 2022
PARIS (Reuters) -Nuclear operator EDF said in an online note that it accidentally sold 1.5 gigawatts (GW) of excess power on the day-ahead market on Sunday, requiring the company to buy back electricity contracts on the intraday market on Monday. “As a consequence, actions might be initiated by EDF Trading to rebalance its intraday position...
UK new car sales rise in November, fail to zoom past 2019 levels- SMMT
Date: December 5, 2022
(Reuters) – British new car registrations jumped nearly 24% in November from a year earlier to record their fourth straight month of gains, driven by sales of large fleets and a pick-up in demand from private buyers, an industry body said on Monday. The Society of Motor Manufacturers and Traders (SMMT) said registrations in November...
Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed
Date: December 5, 2022
By Noah Browning LONDON (Reuters) -Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a G7 price cap which kicked in on Russian crude. At the same time, in a positive sign for fuel demand in the world’s top oil importer, more Chinese cities...