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Elon Musk plans to cut half of Twitter jobs – Bloomberg News
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L’Oréal denies report saying it suspended Twitter ad spending
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Mickey Mouse, Spider-Man, Super Mario added to Russia’s parallel imports scheme
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Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision
UK considering delay to Northern Ireland elections, Ireland minister says
Date: November 3, 2022
By Amanda Ferguson BELFAST (Reuters) -The UK government could change the law to delay elections in Northern Ireland, the Republic of Ireland’s foreign minister said on Wednesday after a meeting with the British minister for the region. The deadline passed last week for forming a power-sharing government following elections in May and Britain’s Minister for...
Tesco wins appeal in trademark fight with Lidl in UK court
Date: November 3, 2022
By Sam Tobin (Reuters) – Britain’s biggest retailer Tesco can argue at trial that discount supermarket Lidl applied for trademarks for a yellow circle against a blue background in “bad faith” after a London court on Wednesday allowed its appeal. Tesco filed a counterclaim against Lidl in 2021, in response to its German-owned rival’s lawsuit...
Russian retail sales fall deeper, jobless rate rises in Sept – data
Date: November 3, 2022
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the state statistics service Rosstat showed on Wednesday, after the Kremlin announced its first mobilisation since World War Two. Since September, the Kremlin has called up around 300,000 reservists for what it calls a “special military...
Trauma of South Korea Halloween party crush is pervasive, expert says
Date: November 2, 2022
By Daewoung Kim and Hanna Song SEOUL (Reuters) – As South Korea mourns the deaths of more than 150 people in a Halloween party crush, many people – even those not directly involved – are dealing with trauma and a search for answers that has at times blamed the victims, a psychiatry expert says. Thanks...
Energy crisis putting most German firms under duress -survey
Date: November 2, 2022
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high energy costs due to the Ukraine war as a threat to business at the highest level on record, the DIHK business survey showed on Wednesday. Some 82% of the 24,000 businesses surveyed see...
Russian gold miner Polymetal’s Q3 revenue down 13% y/y
Date: November 2, 2022
MOSCOW (Reuters) -Polymetal’s third-quarter revenue fell by 13% year on year to $714 million due to accumulated inventory and lower metal prices, the Russian gold and silver producer said on Wednesday. Polymetal has not been directly targeted by Western sanctions imposed on Moscow after it sent thousands of troops into Ukraine on Feb. 24. But...