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Explainer-Why is Bank of England acting again? What next in the UK crisis?
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Heathrow Airport warns of possible travel slowdown this winter
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TIM plunges to hit record lows after latest delay to network deal
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Renault CEO seeks partner on hybrids to bring scale, cut costs
Oil falls more than 2% on recession and China COVID fears
Date: October 11, 2022
By Alex Lawler LONDON (Reuters) – Oil slid more than 2% on Tuesday, extending losses of nearly 2% in the previous session, as recession fears and a flare-up in COVID-19 cases in China raised concern over global demand. World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of...
Scholz: if Germany continues to adapt, we will make it through winter
Date: October 11, 2022
BERLIN (Reuters) – Germany will make it through the winter if citizens, companies and policymakers continue to adapt to the country’s changed energy situation, Chancellor Olaf Scholz said on Tuesday. “I am happy to say to you today: If we all continue to adapt to the changed situation – the citizens, the companies and the...
Spain’s Cepsa signs green hydrogen shipping deal with Rotterdam port
Date: October 11, 2022
MADRID (Reuters) -Spanish oil and gas group Cepsa has signed a deal with the Dutch port of Rotterdam to ship green hydrogen from southern Spain to northern Europe, the oil company and the port said on Tuesday, confirming an earlier report by the Financial Times. Countries and companies have seized on green hydrogen – a...
France says Belarus could face more sanctions if it gets increasingly involved in Ukraine conflict
Date: October 11, 2022
PARIS (Reuters) – Belarus could face more sanctions if it gets more and more involved in the Ukraine conflict, French Foreign Affairs Minister Catherine Colonna told French radio on Tuesday. Belarusian President Alexander Lukashenko said on Monday that he had ordered troops to deploy with Russian forces near Ukraine in response to what he said...
Billionaire investor Yuri Milner relinquishes Russian citizenship
Date: October 11, 2022
(Reuters) – Israeli-Russian billionaire Yuri Milner said on Monday he has renounced his Russian citizenship after leaving the country in 2014. Milner is the founder of internet investment firm DST Global, and made a fortune by betting on Chinese tech companies like e-commerce platforms Alibaba and JD.com. “My family and I left Russia for good...
Italy’s CDP and partners ask TIM for more time for network deal
Date: October 11, 2022
By Elvira Pollina MILAN (Reuters) -Italian state lender CDP and its partners have asked for more time to clinch a deal to buy Telecom Italia’s (TIM) network assets, TIM said on Monday, further delaying a project to create a unified broadband champion. CDP’s multi-billion bid is part of a long-held plan to combine TIM’s fixed...