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ABB delays IPO of E-mobility business citing ‘challenging’ market
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EU lawmakers face hundreds of amendments in key votes on climate policies
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Julius Baer hires Doha Bank’s head of private banking to lead Qatar expansion
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UK’s Biffa soars on $1.7 billion buyout proposal
Tech leads Europe shares lower on tighter monetary policy fears
Date: June 7, 2022
By Susan Mathew (Reuters) – European shares fell on Tuesday as investors worried about the squeeze to economic growth from aggressive monetary policy tightening by central banks in a bid to tame rising inflation. The pan-European STOXX 600 index fell 0.5%, giving back half of Monday’s gains, with tech shares leading declines. Australia’s central bank...
Euro zone investor morale improves but economy still in downturn
Date: June 7, 2022
BERLIN (Reuters) – Investor morale in the euro zone rose more than expected in June, the first increase after Russia’s invasion of Ukraine, a survey showed on Tuesday, as many companies have not yet felt as much impact from inflation and supply bottlenecks as feared. Sentix’s index for the euro zone rose to -15.8 points...
Dollar edges up as stocks rally, inflation data eyed
Date: June 6, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar advanced modestly on Monday as a boost in risk appetite sent U.S. equities higher and kept gains on the safe haven in check ahead of a key reading on inflation later in the week. After touching a near twenty-year high of 105.01 on May 13, the...
Ukraine and Russia: What you need to know right now
Date: June 6, 2022
(Reuters) – Ukrainian and Russian troops fought street-by-street to win control of the industrial city of Sievierodonetsk on Monday in the pivotal battle of the Kremlin’s eastern Ukraine offensive. FIGHTING * Ukrainian President Volodymyr Zelenskiy appealed for more weapons to arrive faster, saying things could become very difficult for Ukraine if Russian forces broke through...
U.S. broadcaster Radio Liberty fined $325,000 in Russia for ‘fake news’ – Interfax
Date: June 6, 2022
LONDON (Reuters) -The U.S.-backed broadcaster Radio Free Europe/Radio Liberty (RFE/RL) has been fined 20 million roubles ($325,000) in Russia for failing to delete what Moscow calls “fake” news about its military operation in Ukraine, the Interfax news agency reported on Monday. According to Interfax, Radio Liberty refused to delete reports that included a tally of...
Israel-Lebanon sea boundary row obstructs energy development
Date: June 6, 2022
BEIRUT/JERUSALEM (Reuters) – A dispute between Israel and Lebanon over their maritime boundary has obstructed energy exploration in the eastern Mediterranean and risks exacerbating tensions between two foes. After months of deadlock in U.S.-mediated talks, Beirut on Sunday warned against any activity in the disputed area, responding to the arrival of a vessel to develop...