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Russian equities brace for selling pressure as fraction of foreign investors return
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Europe’s summer travel chaos
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British ‘store cupboard classics’ get a makeover – as ice cream
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Taiwan tensions spill over into ASEAN meetings this week
BoE’s Bailey rebuffs talk of less central bank independence in UK
Date: August 5, 2022
By William Schomberg and William James LONDON (Reuters) – Bank of England Governor Andrew Bailey pushed back at suggestions by the front-runner to become Britain’s next prime minister Liz Truss and her supporters that the government should have a bigger role in how the central bank operates. With inflation on course to surpass 13% later...
Analysis: Banks are Twitter-deal escape hatch that Musk would struggle with
Date: August 5, 2022
By Anirban Sen and Greg Roumeliotis (Reuters) – The banks that agreed to finance Elon Musk’s $44 billion acquisition of Twitter Inc have a financial incentive to help the world’s richest person walk away but would face long legal odds, according to people close to the deal and corporate law experts. Twitter has sued Musk...
Meloni’s party won’t jeopardise Italy recovery plan funds – founder
Date: August 5, 2022
MILAN (Reuters) -The far-right Brothers of Italy party, leading in polls ahead of next month’s election, will not jeopardise Italy’s access to a European Union-funded investment programme, one of the party’s founders was quoted as saying on Friday. Prime Minister Mario Draghi’s resignation last month has paved the way to early elections on Sept. 25,...
After Griner gets jail, Russia ready to discuss swap with U.S
Date: August 5, 2022
MOSCOW (Reuters) -Russia said on Friday it was ready to discuss a prisoner swap with the United States in private, a day after a Russian court jailed U.S. basketball star Brittney Griner for nine years for a drugs offence. The case against Griner, a two-time Olympic gold medallist and Women’s National Basketball Association (WNBA) star,...
Why traditional retirement is bad for business
Date: August 5, 2022
Sponsored Feature Presented by Next – Up By Victoria Tomlinson CEO of Next- Up Ageism in the workplace perpetuates the attitude that older people are a liability or that they should be simply written off instead of an asset to be valued and nurtured like younger employees. Yet if we could turn these perceptions on...
Exclusive: Deezer to begin German expansion using Brazil, France model – CEO
Date: August 5, 2022
By Steven Grattan SAO PAULO (Reuters) – French music-streaming platform Deezer SA will begin its German operation in the coming weeks as the newly public listed company pushes its market expansion plans with a focus on securing local partnerships, CEO Jeronimo Folgueira told Reuters in an interview on Thursday. Folgueira, who became CEO a year...