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Image for ‘Perfect storm’ for airlines facing strong U.S. dollar and high oil prices

Top Stories

‘Perfect storm’ for airlines facing strong U.S. dollar and high oil prices

Image for EU leaders to keep sanction pressure on Russia, gold flagged as new target

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EU leaders to keep sanction pressure on Russia, gold flagged as new target

Image for Use of airline passenger data must be limited, top EU court says

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Use of airline passenger data must be limited, top EU court says

Image for Insurance watchdog calls for pan-EU policy protection

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Insurance watchdog calls for pan-EU policy protection

Image for Factbox-European measures in case Russian gas supply stops

Factbox-European measures in case Russian gas supply stops

Date: June 21, 2022

By Nina Chestney (Reuters) – Several European countries are putting plans in place to manage gas supply and even ration power in case Russian gas flows stop after supply through the Nord Stream 1 pipeline were curtailed. Russian gas supply to Europe via the pipeline fell last week and Moscow said more delays in repairs...

Image for Tesla sued by former employees over ‘mass layoff’

Tesla sued by former employees over ‘mass layoff’

Date: June 21, 2022

By Akriti Sharma and Hyunjoo Jin (Reuters) -Former Tesla Inc employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a “mass layoff” violated federal law as the company did not provide advance notice of the job cuts. The lawsuit was filed late Sunday in Texas by two...

Image for Indonesian president due to meet Putin this month -state media

Indonesian president due to meet Putin this month -state media

Date: June 21, 2022

(Reuters) – Indonesian President and current chair of the G20 Joko Widodo is due to visit Moscow later this month to hold talks with Russian President Vladimir Putin, Indonesia’s state news agency cited the country’s security minister as saying. This year’s meetings of the Group of 20 major economies have been overshadowed by the war...

Image for UK still a strong draw for foreign job-seekers, study shows

UK still a strong draw for foreign job-seekers, study shows

Date: June 21, 2022

LONDON (Reuters) – Britain is the most attractive large European economy for foreign job-seekers, despite new post-Brexit immigration restrictions, a study from recruitment website Indeed showed on Tuesday. Indeed analysed more than 800 million cross-border job searches on its platform since 2019, and found Britain had Europe’s third-highest number of inbound job searches relative to...

Image for UK pay deals hold at 4% as inflation steams ahead: XpertHR

UK pay deals hold at 4% as inflation steams ahead: XpertHR

Date: June 21, 2022

LONDON (Reuters) – Annual pay rises agreed at British workplaces steadied last month at a historically high rate but fell further behind soaring inflation, according to another survey on Tuesday that suggested fears of a wage-price spiral may be overdone. XpertHR, a pay and personnel data publisher, said employer pay deals for the three months...

Image for Britons switch to own-label and value ranges to fight inflation

Britons switch to own-label and value ranges to fight inflation

Date: June 21, 2022

By James Davey LONDON (Reuters) – British shoppers swapped branded items for cheaper own-label products and turned to value ranges to help manage grocery inflation which soared to 8.3% in the four weeks to June 12, its highest level since April 2009, industry data showed on Tuesday. Market researcher Kantar said prices are rising fastest...