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Algeria and Spain agree revised 2022 gas prices
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France’s Ernaux, who long scrutinised self, wins Nobel literature prize
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Stocks seesaw, oil up as investors await jobs report
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Cash crunch for British funds puts regulators under pensions lens
Citi expects global equities to rally 18% by end-2023
Date: October 6, 2022
(Reuters) – Citigroup is expecting global equities to rise about 18% from now through the end of 2023, saying beaten down valuations from a relentless selloff this year may attract investors, although it warned of “considerable risks” of an economic slowdown. Global stock are trading well below their peaks, with the U.S. benchmark S&P 500...
Utilising Taxonomies to Define and Detect Problematic Patterns in Legal Drafting
Date: October 6, 2022
By D2 Legal Technology CEO, Akber Datoo, and consultant, Sara Agalliu Introduction Certain patterns in legal drafting threaten the law’s comprehensibility and maintainability. This is further exacerbated as part of the digital agenda when contractual wording needs to sit in the context of surrounding systems and platforms. Lawyers may encounter these patterns in the form of legally ambiguous or...
Norway expects to earn record $131 billion from oil and gas in 2023
Date: October 6, 2022
By Terje Solsvik and Nerijus Adomaitis OSLO (Reuters) – The Norwegian government expects record income next year from its oil and gas industry, it said on Thursday, predicting a rise of 18% from this year’s level and a fivefold increase over 2021 as production rises and prices soar. European gas prices have roughly tripled in...
UK nurses begin biggest strike ballot in more than 100 years
Date: October 6, 2022
LONDON (Reuters) -More than 300,000 members of Britain’s largest nursing union will begin voting on Thursday over a strike to demand a pay rise that keeps up with soaring inflation, the biggest ballot in its 106-year history. The Royal College of Nursing said it had been forced into the move after years of real-terms wage...
Energy savings drive directs EU parliament to turn down heat
Date: October 6, 2022
By Kate Abnett BRUSSELS (Reuters) – The European Parliament will turn off heating in its buildings for three days per week and adjust its thermostats for other days in a drive to save energy. The move comes as European Union countries including France and Germany have rolled out energy savings measures of their own as...
Bank of England says it will unwind bond market intervention once risks have subsided
Date: October 6, 2022
LONDON (Reuters) -The Bank of England will gauge the health of Britain’s government bond market before it unwinds the emergency intervention it launched after the governement’s new economic plan sparked upheaval, the bank said on Thursday. The BoE waded into Britain’s 2.1 trillion pound ($2.4 trillion) gilt market last Wednesday to stop panic selling of...