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Back to the future? Cargo giant Cargill turns to sails to cut carbon
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Any ECB rate hike above zero will depend on data, Panetta says
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Exclusive-Meta slashes hiring plans, girds for ‘fierce’ headwinds
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Lawmakers threaten to sue EU if it labels gas investments as ‘green’
We’ll be with you on ‘long road’ to membership, EU tells Ukraine
Date: July 1, 2022
BRUSSELS/KYIV (Reuters) – Ukraine now has a “very clear European perspective” but the road to EU membership will take time and require hard work, the president of the EU executive told the country’s parliament on Friday. EU leaders last week granted Ukraine candidate status to join the bloc, formally opening a process that is expected...
Swiss FinTech Kashet announces European banking heavyweight as Chairman
Date: July 1, 2022
Alex Wilmot-Sitwell joins “one of Europe’s most exciting FinTechs” ahead of launch London, UK and Zug, Switzerland, 11:00am 27 June 2022: Swiss FinTech Kashet Group AG has announced Alex Wilmot-Sitwell, Perella Weinberg Partners executive and former Bank of America Merrill Lynch European president, as its chairman. Wilmot-Sitwell brings significant international banking experience to the Kashet team, based in...
Volatile rouble slumps to 10-day low; Gazprom shares extend losses
Date: July 1, 2022
MOSCOW (Reuters) -The Russian rouble plunged more than 6% against the dollar on Friday to its weakest level in 10 days, while shares in Gazprom extended losses after the gas giant cancelled dividend payments, pressuring Russian stock indexes. As of 1019 GMT, the rouble was 5.9% weaker against the dollar at 54.50, earlier hitting its...
Airport worker strikes ground some flights in Paris
Date: July 1, 2022
By Caroline Pailliez PARIS (Reuters) – Airport workers went on strike at Paris’ main international airport Roissy-Charles de Gaulle on Friday, forcing the cancellation of about 10% of flights and bringing more disruption to early summer travel. Scores of ground staff protested in front of one terminal to demand a big pay rise to cushion...
Volvo to create 3,300 jobs at $1.25 billion EV plant in Slovakia
Date: July 1, 2022
OSLO (Reuters) -Volvo Car Group will invest 1.2 billion euros ($1.25 billion) to build an electric vehicle (EV) plant in Slovakia, the Sweden-based automaker said on Friday. The site, Slovakia’s fifth, will bolster its standing as the biggest car producer per capita in the world, with the central European country of 5.4 million producing more...
As business booms for people smugglers using trucks in Texas, risks grow
Date: July 1, 2022
By Ted Hesson, Laura Gottesdiener and Kristina Cooke WASHINGTON/MONTERREY (Reuters) – Months before dozens of migrants died inside a sweltering tractor-trailer this week that had slipped through a Border Patrol checkpoint on a Texas highway, another truck driver was making the same journey carrying 52 migrants. Roderick DeWayne Chisley was stopped on December 17, 2021,...