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Image for Syrian, Russian forces boosted after Turkey signals operation – officials

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Syrian, Russian forces boosted after Turkey signals operation – officials

Image for Italy statistics bureau cuts growth forecasts, warns of “strong downside risks”

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Italy statistics bureau cuts growth forecasts, warns of “strong downside risks”

Image for Analysis-China’s consumers keep their wallets in lockdown as COVID curbs ease

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Analysis-China’s consumers keep their wallets in lockdown as COVID curbs ease

Image for Greek economy expands 2.3% in first quarter, shows resilience

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Greek economy expands 2.3% in first quarter, shows resilience

Image for Exclusive-Spain’s Repsol in talks to sell 25% of oil and gas unit to EIG, sources say

Exclusive-Spain’s Repsol in talks to sell 25% of oil and gas unit to EIG, sources say

Date: June 7, 2022

By Andres Gonzalez, Gram Slattery and Isla Binnie LONDON (Reuters) – EIG Global Energy Partners is in early discussions with Repsol to buy a slice of the Spanish company’s oil and gas exploration and production business, three sources with knowledge of the matter told Reuters. The U.S. fund is seeking to purchase up to 25%...

Image for Johnson’s weakness pins Britain’s pound near 3-week lows

Johnson’s weakness pins Britain’s pound near 3-week lows

Date: June 7, 2022

By Saikat Chatterjee and Joice Alves LONDON (Reuters) -Sterling fell to a near three-week low against a resurgent U.S. dollar on Tuesday, with investors on edge a day after British Prime Minister Boris Johnson survived a confidence vote that left him politically weakened. Johnson won the vote by 211 votes to 148, seeing off a...

Image for Draft law on joint standards for minimum wages in EU passes crucial hurdle

Draft law on joint standards for minimum wages in EU passes crucial hurdle

Date: June 7, 2022

BRUSSELS (Reuters) – The European Union on Tuesday reached a breakthrough on common rules for minimum wages across the 27-nation bloc with a provisional agreement on measures designed to promote collective bargaining and better enforce existing minimum wages. The European Parliament and the European Council, grouping the bloc’s member states, said their negotiators overnight struck...

Image for Euronext seeks to create European tech profile

Euronext seeks to create European tech profile

Date: June 7, 2022

By Huw Jones LONDON (Reuters) – Euronext set out on Tuesday a new technology leaders segment to help tech and growth companies develop a pan-European profile for asset managers and other investors. Euronext said its top growth and tech company listings such as ASML, Just Eat Takeaway.com, Tom Tom and Ubisoft now form a new...

Image for South Africa ‘taken aback’ by Ryanair’s Afrikaans test to prove nationality

South Africa ‘taken aback’ by Ryanair’s Afrikaans test to prove nationality

Date: June 7, 2022

JOHANNESBURG (Reuters) – The South African government said on Tuesday it was taken aback by Ryanair’s decision to force UK-bound travelers holding the country’s passport to take a test in Afrikaans language to prove nationality, calling the move a “backward profiling system”. The Irish low-cost airline had from last week started forcing UK-bound travelers with...

Image for UK businesses feel the strain from surging inflation -PMIs

UK businesses feel the strain from surging inflation -PMIs

Date: June 7, 2022

LONDON (Reuters) – Growth among British businesses slowed sharply in May to its weakest since early 2021 when the country was under a COVID-19 lockdown, according to a survey, although the loss of momentum was less severe than initially reported. The composite S&P Global/CIPS Purchasing Managers Index – spanning services and manufacturing firms – slumped...