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Nissan says talks with Renault focused on better competing in electric cars
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UK new car sales up by nearly a quarter in October – SMMT
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British PM Sunak expected to shelve plans to privatise Channel 4 -FT
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Britain’s Prince William unveils finalists for Earthshot environmental prize
North Korea fires artillery into sea as South Korea and U.S. pledge cooperation
Date: November 4, 2022
SEOUL (Reuters) -North Korea fired about 80 artillery rounds into a maritime border zone overnight, South Korea said on Friday, as defence ministers from Seoul and Washington vowed to demonstrate determination in the face of missile tests by the North. North Korea fired multiple missiles into the sea on Thursday, including a possible failed intercontinental...
Chaos, confusion reign ahead of Twitter layoffs
Date: November 4, 2022
By Sheila Dang and Katie Paul (Reuters) – Fear and dread spread across Twitter Inc offices on Thursday as 7,500 employees from San Francisco to Singapore feared for job cuts that were planned to hit about half of the staff, according to current and former employees and message board posts shared with Reuters. Since billionaire...
World equities fall, U.S. Treasury yields rise after hawkish Fed
Date: November 4, 2022
By Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish commentary from Federal Reserve Chair Jerome Powell on the prospects of further interest rate hikes targeted at reining in inflation. Market sentiment has been bearish after the Fed on Wednesday raised rates by 75 basis...
Euronext Italian arm to become group-wide clearer from end 2023
Date: November 4, 2022
By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all share trades at its Italian arm from the end of 2023, a move that ends reliance on a London Stock Exchange Group (LSEG) unit in Paris. Euronext, which operates exchanges in Paris, Amsterdam, Brussels,...
Investors trim bets for peak Bank of England rate
Date: November 4, 2022
LONDON (Reuters) – Investors trimmed their bets on the peak for British interest rates on Thursday after the Bank of England told them their expectations were too high, as it raised borrowing costs by their most since 1989. The BoE increased Bank Rate to 3% from 2.25% even as it said Britain’s economy might not...
Italy’s Leonardo raises FY orders guidance after strong nine months
Date: November 4, 2022
ROME (Reuters) -Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a sizeable jump in orders during January-September. In that period, new orders rose by 26.8% year-on-year to 11.719 billion euros ($11.42 billion), with a backlog equal to about 2.5 years of production. Meanwhile, earnings before interest, taxes and amortisation (EBITA)...