Top Stories
Top Stories
Yields rise to decade highs, curve inverts on growth fears
Top Stories
Germany prepares 5-10-billion-euro rescue for Gazprom Germania – Bloomberg News
Top Stories
In ‘miracle’ city Shenzhen, fears for China’s economic future
Top Stories
Dollar higher as risky assets tumble; yen rebounds from 1998 lows
NATO chief says Sweden has taken “important steps” to meet Turkey’s demands
Date: June 13, 2022
STOCKHOLM (Reuters) -Sweden has take important steps to meet Turkey’s demands for approving Stockholm’s NATO membership application, NATO Secretary General Jens Stoltenberg said on Monday during a visit to Sweden. Sweden and Finland applied to join the alliance last month, in response to Russia’s invasion of Ukraine. Their applications have faced unexpected opposition from Turkey,...
Amazon offers to share data, boost rivals to dodge EU antitrust fines – sources
Date: June 13, 2022
By Foo Yun Chee BRUSSELS (Reuters) -Amazon has offered to share marketplace data with sellers and boost the visibility of rival products on its platform, trying to persuade EU antitrust regulators to close their investigations without a fine by the end of the year, people familiar with the matter said. The world’s largest online retailer...
Global advertising to grow by 8.4% this year -report
Date: June 13, 2022
By Helen Coster (Reuters) – The global advertising industry is expected to grow 8.4% this year, despite ongoing geopolitical situations around the world and fears of a recession, a report on the sector said on Monday. That figure excludes the impact of U.S. political advertising, which is on track to reach $13 billion in revenue...
Wikipedia fights Russian order to remove Ukraine war information
Date: June 13, 2022
LONDON (Reuters) – The Wikimedia Foundation, which owns Wikipedia, has filed an appeal against a Moscow court decision demanding that it remove information related to the Russian invasion of Ukraine, arguing that people have a right to know the facts of the war. A Moscow court fined the Wikimedia Foundation 5 million roubles ($88,000) for...
Gas pipeline Nord Stream 1 to undergo annual summer maintenance – German regulator
Date: June 13, 2022
FRANKFURT (Reuters) – Nord Stream 1, one of the major pipelines that pumps Russian gas to Europe, will undergo its regular annual maintenance in summer, the head of Germany’s network regulator said, flagging a period when there will be no gas flows. Bundesnetzagentur President Klaus Mueller said on Twitter that this implied that gas storage...
Quebec focuses on French-speaking immigrants as companies plead for workers
Date: June 13, 2022
By Allison Lampert and Anna Mehler Paperny MONTREAL (Reuters) -Quebec’s plans to attract more French-speaking newcomers are unnerving some business owners who say they need immigrants from varied backgrounds to address a tight labor market in the Canadian province. Unlike other provinces, Quebec gets to choose its economic immigrants. The government previously lowered the number...