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Euro and yen rebound vs dollar, Swiss franc gains on inflation jump
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Oil prices fall on prospect of OPEC offsetting Russian output loss
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After ugly trial, can Johnny Depp or Amber Heard stage a second act?
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Factbox-Queen Elizabeth, Britain’s longest-reigning monarch
Defeat device car owners can claim damages – EU court adviser
Date: June 2, 2022
BRUSSELS (Reuters) -Owners of vehicles equipped with so-called defeat devices have a right to compensation from the vehicle manufacturer, an adviser to the top EU court said on Thursday in a case brought against Mercedes-Benz. Defeat devices are mechanisms or software that can change vehicle emissions levels, leading to disputes over whether manufacturers use them...
RWE to buy gas-fired power plant from Vattenfall in $534 million deal
Date: June 2, 2022
By Christoph Steitz FRANKFURT (Reuters) – Germany’s RWE has agreed to buy a gas-fired power station in the Netherlands from Vattenfall that could also partly run on hydrogen, in a deal that values the plant at 500 million euros ($534 million). Germany’s biggest utility said on Thursday the deal for the 1.4 gigawatt Magnum plant...
China’s draft cybersecurity rules pose risks for financial firms, lobby group warns
Date: June 2, 2022
By Selena Li HONG KONG (Reuters) – China’s proposed cybersecurity rules for financial firms could pose risks to operations of western companies by making their data vulnerable to hacking, among other things, a leading lobby group has said in a letter seen by Reuters. The latest regulatory proposal comes at a time when a string...
Factbox-Notable quotes of Britain’s Queen Elizabeth
Date: June 2, 2022
LONDON (Reuters) – Britain’s Queen Elizabeth, who is celebrating her Platinum Jubilee, has never given an interview during her 70-year reign, but her regular public speeches sometimes give an insight into her private thoughts. Here is a selection of extracts from speeches, addresses and contributions to documentaries given by the queen: “It’s inevitable that I...
YouTube could be liable for unauthorised uploads if slow to act, German court rules
Date: June 2, 2022
BERLIN (Reuters) – Google’s YouTube and other platforms could have to pay copyright damages over unauthorised uploads even if the content was put online by a third party, Germany’s top court ruled. The platforms would be liable only if they did not act quickly to block access once they had learned of illegal uploads, the...
Spain’s jobless fall below 3 million in May, lowest since 2008
Date: June 2, 2022
MADRID (Reuters) -Spain’s jobless number dropped below 3 million in May for the first time since early in the 2008/09 global financial crisis, as the economy’s recovery from the impact of COVID-19 boosted hirings and pushed many workers out of the shadow economy. The number of people registering as jobless fell 3.29% from April, leaving...