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EU parliament backs labelling gas and nuclear investments as green
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Lufthansa staff call for an end to cost-cutting amid airport chaos
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New UK finance minister Zahawi pledges to boost economy
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Russian advance into Ukraine’s Donetsk thwarted so far, Kyiv says
Grubhub gets Amazon investment; Prime members to get fee-free food
Date: July 6, 2022
By Toby Sterling and Jeffrey Dastin (Reuters) -Amazon.com Inc has secured the right to buy a 2% stake in Just Eat Takeaway.com’s Grubhub and will offer no-fee access to the service for a year to U.S. Prime members, hoping to boost subscriptions with a renewed push into meal delivery. Announced ahead of Amazon’s July “Prime...
Highland Park shooting suspect admits to deadly attack, prosecutor says
Date: July 6, 2022
By Brendan O’Brien WAUKEGAN, Ill. (Reuters) -The man accused of firing a semiautomatic rifle into a Chicago-area Independence Day parade from a rooftop has admitted to authorities that he carried out the attack that killed seven people, a prosecutor said during the suspect’s first court appearance on Wednesday, where he was denied release on bail....
UK markets shrug at Johnson political drama, brace for more
Date: July 6, 2022
By Saikat Chatterjee and Samuel Indyk LONDON (Reuters) – British markets braced on Wednesday for more political drama, as Prime Minister Boris Johnson was rocked by further ministerial resignations and calls for him to go, although traders were reluctant to take new positions given the uncertainty. Bookmakers have slashed odds on Johnson’s imminent departure and...
French PM says cost of living a priority, urges opposition to help pass reforms
Date: July 6, 2022
By Dominique Vidalon and Michel Rose PARIS (Reuters) -French Prime Minister Elisabeth Borne said on Wednesday her minority government wanted to reform pensions, nationalise the main utility EDF and shield citizens from raging inflation, urging the opposition to work with her to avoid policy gridlock. President Emmanuel Macron’s centrist alliance lost its absolute majority in...
France plans full nationalisation of power utility EDF
Date: July 6, 2022
By Michel Rose and Tassilo Hummel PARIS (Reuters) -France will fully nationalise EDF, Prime Minister Elisabeth Borne said on Wednesday, in a move that would give the government more control over a restructuring of the debt-laden group while contending with a European energy crisis. EDF, in which the state already owns 84%, is one of...
Factbox-French PM promises action against spiraling prices
Date: July 6, 2022
PARIS (Reuters) – French Prime Minister Elisabeth Borne promised to shield hard-up families from soaring prices, urging the country’s fragmented parliament to work together and avoid policy gridlock. Here are some highlights from her speech to parliament, where President Emmanuel Macron’s centrist alliance no longer holds an absolute majority. FINDING COMPROMISE “We may not agree...