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Spain’s labour market resilient as unemployment drops in Nov
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Explainer-India G20 presidency 2023: what does it mean and what can we expect
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UK parliament committee chair says she talked defence cooperation on Taiwan trip
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Dollar steadies near 16-week low, yuan set for biggest weekly gain since 2005
India’s Reliance makes rare buy of Russian naphtha, ups fuel oil imports
Date: December 2, 2022
By Mohi Narayan NEW DELHI (Reuters) – India’s Reliance Industries, operator of the world’s largest refining complex, is snapping up Russian refined fuels, including rare purchases of naphtha, after some Western buyers stopped Russian imports, trade flows data from Refinitiv showed. Western sanctions against Russia over its invasion of Ukraine have led to an emergence...
Soccer-World Cup 2022: England’s route to final explained
Date: December 2, 2022
(Reuters) – England are looking to win their second World Cup title at the Nov. 20-Dec. 18 tournament in Qatar. Here is what you need to know about their route to the final: HOW DID ENGLAND QUALIFY FOR THE ROUND OF 16? * The top two in each World Cup group advance to the last...
Italy’s top administrative court annuls 2018 Enel antitrust fine
Date: December 2, 2022
MILAN (Reuters) – A top administrative court annulled a 93 million euros ($98 million) fine issued by Italy’s competition watchdog in 2018 against Enel and two of its units for alleged abuse of a dominant market position, the energy group said on Thursday. A lower administrative court had already cut the fine by two-thirds to...
Intel staff in Ireland offered unpaid leave in cost-cutting drive – Business Post
Date: December 2, 2022
(Reuters) – Up to 2,000 staff at Intel Corp’s Irish operation have been offered three months’ unpaid leave as part of cost-cutting measures, the Business Post reported on Thursday. According to the report, workers at Intel’s manufacturing division have been offered the unpaid leave as part of a “voluntary time off” program which is being...
Wall Street takes a breath after Powell rally while dollar falls
Date: December 2, 2022
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – Wall Street equities made little progress in Thursday’s choppy session as investors digested economic data after a big rally in the previous session from U.S. Federal Reserve signals that it would slow its interest rate hiking pace. The U.S. dollar index fell to its lowest...
VW confirms looking in Canada to build first North America cell plant
Date: December 2, 2022
By Jan Schwartz BERLIN (Reuters) -Volkswagen has begun searching for a site for the German carmaker’s first battery cell factory in North America, its CEO announced on Thursday. Confirming an earlier Reuters story, Volkswagen CEO Oliver Blume and Canadian industry minister Francois-Philippe Champagne signed an addendum to their existing memorandum of understanding from August, agreeing...