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Russia says no agreement reached with Turkey on Ukrainian grain sale
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Factbox-From Meta to Peloton, companies slow hiring as economy sputters
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Europe’s largest meat-eating dinosaur found on Isle of Wight
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Soccer-Premier League suspends deal with Russia’s Match TV
Meta unfriends FB ticker in final farewell to Facebook era
Date: June 9, 2022
(Reuters) – After a decade of trading as Facebook, the social media giant is shedding the last vestige of its old corporate avatar as it begins trading under the ticker symbol ‘META’ on Thursday. Meta Platforms Inc rebranded from its eponymous social networking platform in October 2021, betting that the metaverse, a shared virtual realm,...
Factbox-Surging food prices fuel protests across developing world
Date: June 9, 2022
(Reuters) -The war in Ukraine and drought fuelled by climate change has sent global prices for grains, cooking oils, fuel and fertilizer soaring. Rising prices for basic food staples is fuelling protests from Indonesia to Iran. European wheat prices have jumped 52% and benchmark palm oil futures went up 25% since January. The trend is...
As top U.S. retailers drown in goods, rotation to services picks up inflation slack
Date: June 9, 2022
By Howard Schneider WASHINGTON (Reuters) – Major retailers like Target Corp and Walmart Inc may be cutting prices to clear overstocked warehouses, but for hotel operators the revenue is pouring in with daily room rates and occupancy that have broken above pre-pandemic levels. The pace of used car price increases has eased from the chart-topping...
ECB ends bond buys, signal July, Sept rate hikes
Date: June 9, 2022
FRANKFURT (Reuters) – The European Central Bank confirmed on Thursday it will end a long-running bond buying scheme on July 1 and signalled a string of interest rate hikes from July as it battles stubbornly high inflation. With price growth surging last month to a record-high 8.1% and broadening quickly, the ECB is rolling back...
Age to buy cigarettes in England should rise every year, review says
Date: June 9, 2022
By Farouq Suleiman LONDON (Reuters) -The legal age of sale for cigarettes in England should be raised by one year every year until eventually no one can buy tobacco products, a government-commissioned review said on Thursday. Progressively increasing the minimum age from 18 was one of 15 recommendations in a review ordered by health minister...
Russia’s Navalny scolds Google and Meta for helping Putin
Date: June 9, 2022
LONDON (Reuters) – Jailed Russian opposition leader Alexei Navalny scolded Google and Meta Platforms Inc on Thursday for shutting down advertising, a step he said had undermined the opposition and thus was a gift to President Vladimir Putin. Navalny, by far Russia’s most prominent opposition leader, casts Putin’s Russia as a dystopian state run by...