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Air freight demand begins to wane amid global economic shocks
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Europe may shift back to coal as Russia turns down gas flows
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Italy’s De Nora bets on cornerstone investors to defy IPO drought
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Macron’s camp seeks allies, says ‘it’s going to be complicated’ after election rout
Delta, Kellogg join IBM pledge to fight bias in online ad targeting
Date: June 20, 2022
By Paresh Dave OAKLAND, Calif. (Reuters) – Delta Air Lines Inc, Kellogg Co and several big ad agencies on Monday pledged to counteract unwanted biases in the algorithms that power their online advertising. The action, announced as part of an ad industry conference in Cannes, France, is one of the biggest steps taken to ensure...
Factbox – Which British workers are heading for industrial action?
Date: June 20, 2022
LONDON (Reuters) – British trade unions have warned the country faces a summer of disruption as workers struggling with the mounting cost of living crisis threaten strike action in disputes over pay. Below are some of the industries in which trade unions have either already announced strike action or are planning to ballot for it:...
Britons face rail disruption as workers strike over cost-of-living pressures
Date: June 20, 2022
By Kylie MacLellan LONDON (Reuters) -Britain faces its biggest rail strike in 30 years this week when tens of thousands of staff walk out in a pay dispute that unions warn could lead to coordinated action across other industries due to the mounting cost of living crisis. British households are already experiencing the biggest economic...
Russians advance, Zelenskiy expects escalation as EU set to welcome Ukraine
Date: June 20, 2022
By Natalia Zinets and Max Hunder KYIV (Reuters) -Russian forces captured territory along a frontline river in eastern Ukraine on Monday, and President Volodymyr Zelenskiy predicted Moscow would escalate attacks ahead of a summit of European leaders expected to welcome Kyiv’s bid to join the EU. Moscow’s separatist proxies claimed to have captured Toshkivka, a...
Credit Suisse pays up to redeem AT1 bond, sends ‘message to the market’
Date: June 20, 2022
(Refiles to add missing letter in ‘AT1 bond’ in headline, no other changes to text) LONDON (Reuters) -Scandal-hit lender Credit Suisse has opted to tap investors for a pricier dollar bond in order to repay a $1.5 billion capital-boosting issue, a measure investors say was necessary to avoid raising concern over its ability to pay...
Exclusive – TIM’s top investor Vivendi seeks landline network valuation of 31 billion euros – source
Date: June 20, 2022
By Elvira Pollina MILAN (Reuters) – Telecom Italia’s (TIM) top investor Vivendi wants its fixed landline network to be valued at 31 billion euros ($33 billion) in any sale, far higher than analysts and the telecom company had forecast, a source close to the French group said. TIM’s landline grid should carry at least 10...