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Elon Musk set to showcase Tesla’s humanoid robot after delay
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Shocked by gas bills, thrifty Dutch stockpile coal, wood for winter
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Mercedes says comprehensive trade deal with EU could make India an export hub
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Swiss Finance Minister Maurer to step down at end of year
Struggling Cineworld paints bleak picture for cinemas
Date: September 30, 2022
By Yadarisa Shabong (Reuters) -Britain’s Cineworld on Friday painted a bleak picture for cinema operators, forecasting admissions would remain below pre-pandemic levels in the next two years as the Regal chain owner tries to fix its finances under bankruptcy protection. The world’s second-largest movie theatre operator behind AMC Entertainment filed for U.S. bankruptcy earlier in...
Italy strengthens surveillance on gas pipelines after Nord Stream leaks
Date: September 30, 2022
ROME (Reuters) – Outgoing Prime Minister Mario Draghi’s government has strengthened naval surveillance and controls on the pipelines bringing gas to Italy from the south and east, two senior officials told Reuters. The move comes after the discovery of leaks on the Nord Stream pipelines this week. EU states say they believe the damage was...
Four countries offer help to boost Azeri gas supply to Europe
Date: September 30, 2022
SOFIA (Reuters) – The gas network operators of Bulgaria, Romania, Hungary and Slovakia have proposed shipping additional natural gas supply pledged by Azerbaijan to Europe, Bulgarian President Rumen Radev said on Friday. The EU is seeking alternative suppliers to Russia because of Moscow’s invasion of Ukraine. Speaking at a meeting with Azeri President Ilham Aliev,...
Euro zone yields fall, German real rates in positive territory
Date: September 30, 2022
By Stefano Rebaudo (Reuters) – Euro zone debt yields fell on Friday after a sharp bond selloff earlier this week but anxiety persisted about central banks’ monetary tightening path and possible erratic moves in UK gilts. Euro zone inflation zoomed past forecasts to hit 10.0% in September, a new record high, as expected by analysts...
SocGen set to choose investment banking boss Krupa as CEO, Figaro reports
Date: September 30, 2022
PARIS (Reuters) -Slawomir Krupa is set to become the new chief executive of Societe Generale, following his current position as head of investment banking, Le Figaro said on Friday, citing several sources. Krupa will be tasked with overhauling France’s third-biggest listed bank amid risks of a global recession. A board meeting on the nomination will...
Nestle to stop sourcing from Indonesian palm oil producer AAL
Date: September 30, 2022
By Maytaal Angel and Bernadette Christina LONDON/JAKARTA (Reuters) – Food giant Nestle plans to stop sourcing from subsidiaries of Astra Agro Lestari (AAL), a major Indonesian palm oil producer accused by environmental groups of land and human rights abuses. The move comes as multinationals face increased reputational and legal pressure from consumers and governments to...