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ECB likely to keep raising rates beyond 2% level, says French central bank chief
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U.S. says six airlines issue $622 million in refunds
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Sunak to raise Britain’s minimum wage -The Times
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Court told Musk’s $56 billion pay wasn’t for punching a clock
Italy’s Intesa to sell 654 million euro stake in payments group Nexi
Date: November 15, 2022
By Valentina Za MILAN (Reuters) -Italy’s Intesa Sanpaolo said on Monday it was selling its entire 5.1% stake in Nexi, in an effort to cash in on a recent rally in shares of the payments group. Intesa agreed to a 25-year partnership as part of the Italian bank’s 2020 sale of its retailers’ payments business...
Factbox-Strikes, protests in Europe over cost of living and pay
Date: November 14, 2022
(Reuters) -European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some recent and current industrial actions and demonstrations. BRITAIN * More than 70,000 university staff at 150 British universities will strike for three days in November over pay, working conditions and pensions, the...
New China COVID rules spur concern as some cities halt routine tests
Date: November 14, 2022
By Liz Lee BEIJING (Reuters) -Several Chinese cities began cutting routine community COVID-19 testing on Monday, days after China announced an easing of some of its heavy-handed coronavirus measures, sparking worry in some communities as nationwide cases continued to rise. In the northern city of Shijiazhuang, some families expressed concern about exposing their children to...
G7 launches climate ‘Shield’ fund, some countries wary
Date: November 14, 2022
By Kate Abnett and Simon Jessop SHARM EL-SHEIKH, Egypt (Reuters) – A G7-led plan dubbed “Global Shield” to provide funding to countries suffering climate disasters was launched at the U.N. COP27 summit on Monday, although some questioned the effectiveness of the planned scheme. Coordinated by Group of 7 president Germany and the V20 group of...
Russian wheat rises on stronger rouble, talks to prolong Black Sea export deal
Date: November 14, 2022
MOSCOW (Reuters) – Russian wheat prices rose last week as the rouble strengthened [RU/RUB] and as talks about extending the Black Sea deal allowing Ukrainian shipments continued, the IKAR agriculture consultancy said on Monday. Prices for Russian wheat with 12.5% protein content and for supply from Black Sea ports in December were at $317.5 a...
Taylor Swift wins most prizes at MTV Europe Music Awards
Date: November 14, 2022
By Matthias Inverardi and Tom Sims DUESSELDORF (Reuters) – Taylor Swift walked away with four prizes at MTV’s Europe Music Awards on Sunday, including best video for her 10-minute “All Too Well”. Double-award winners included Nicki Minaj for best song and best hip-hop, and the French DJ and record producer David Guetta won the best...