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John Prescott, pugnacious deputy UK PM to Tony Blair, dies at 86
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Greece will set up fund to decarbonise its islands
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UK borrows higher-than-expected 17.4 billion pounds in October
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New COP29 proposal shows wide gap persists on climate funding deal
UK pay growth steady but firms see higher costs ahead, Brightmine says
Date: November 21, 2024
LONDON (Reuters) – Growth in pay awards by British employers held steady in the three months to October but is expected to cool in 2025, according to a survey on Thursday that showed firms under pressure from the new government’s decisions on tax and wages. Human resources data firm Brightmine said the median pay award...
Elon Musk’s Neuralink receives Canadian approval for brain chip trial
Date: November 21, 2024
(Reuters) – Elon Musk’s Neuralink said on Wednesday it has received approval to launch its first clinical trial in Canada for a device designed to give paralysed individuals the ability to use digital devices simply by thinking. The brain chip startup said the Canadian study aims to assess the safety and initial functionality of its...
More women hired to senior UK fund roles, but top-paid jobs still male dominated
Date: November 21, 2024
By Iain Withers LONDON (Reuters) – Investment management firms in Britain hired more women in senior roles in 2023, although top-paid jobs remained dominated by men, research by The Investment Association (IA) showed. Companies in Britain have broadly taken steps to improve the diversity of their workforces, partly as new regulations require disclosure of data...
Iceland volcano erupts for the tenth time in three years
Date: November 21, 2024
OSLO (Reuters) – A volcano near Iceland’s capital erupted late on Wednesday for the tenth time in three years, spewing fountains of lava and smoke, the country’s meteorological office said. Iceland, with nearly 400,000 inhabitants, is located on the fault line between the Eurasian and North American tectonic plates, making it a seismic hotspot with...
Hennessy workers strike as France’s Macron urges Xi to drop China cognac tariffs
Date: November 21, 2024
By Dominique Patton and Elizabeth Pineau PARIS/RIO DE JANEIRO (Reuters) – Hennessy staff extended a strike on Wednesday over its plans to bottle cognac in China to circumvent import tariffs, after French President Emmanuel Macron urged his Chinese counterpart Xi Jinping to lift the duties. Hennessy, owned by luxury group LVMH, is exploring options to...
Cirque du Soleil picks Berlin for first permanent European show
Date: November 20, 2024
BERLIN (Reuters) – Cirque du Soleil will kick off its first permanent European show next year in Berlin’s central Potsdamer Platz, the Canadian circus company announced on Wednesday, promising a production that would push the boundaries of the imagination. The show, called Alize, will require the Theater at Potsdamer Platz, which hosts scores of celebrities...