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UK motor and home insurers headed for heavy losses, EY warns

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Soccer-Ronaldo breaks record as Portugal up and running with Ghana win

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Credit Suisse offers 889 million shares to existing investors in $4 billion capital hike

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Dollar nears 3-mth low, shares climb after Fed tests the brakes

Amazon UK adds e-cargo bikes, walkers in decarbonisation drive
Date: November 24, 2022
LONDON (Reuters) – Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to accelerate the decarbonisation of the transportation network it uses to deliver packages across the country. The group, which has 75,000 permanent UK employees, said on Thursday that it would add two new small delivery hubs...

Soccer-Manchester United fans want more say under any new owners
Date: November 24, 2022
By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a real say in how the club is run in future, the Supporters Trust MUST said on Wednesday. The Premier League club’s U.S. owners are looking at options for the 20-time English champions,...

German regulator stays vigilant as Meta changes VR headset rules
Date: November 24, 2022
BERLIN (Reuters) – Facebook’s parent company Meta Platforms has responded to the German cartel office’s concerns by allowing the use of its virtual reality headset without a Facebook account, the office said on Wednesday. The cartel office has been closely watching Meta since May when it declared it was of “paramount significance for competition across...

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility
Date: November 24, 2022
PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainability-linked refinancing of its 6 billion euros ($6.2 billion) syndicated credit facility with 27 banks. ($1 = 0.9621 euros) (Reporting by Sudip Kar-Gupta; Editing by Chris Reese)...

Factbox-U.S. offers new details on plan to cap Russian oil prices
Date: November 24, 2022
(Reuters) -New guidance issued by the U.S. Treasury adds more detail to a complex plan by the European Union, G7 nations and Australia to cap the price of Russian oil starting on Dec. 5. Aiming to deprive Moscow of a war profit premium on its oil, the price cap plan has for months left shipping...

New space observatory helps solve mystery involving enormous black holes
Date: November 24, 2022
By Will Dunham WASHINGTON (Reuters) – Most galaxies are built around humongous black holes. While many of these are comparatively docile, like the one at our Milky Way’s center, some are fierce – guzzling surrounding material and unleashing huge and blazingly bright jets of high-energy particles far into space. Using data from the recently deployed...
