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Twitter’s account of deal shows Musk signing without asking for more info
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Depp lawyers question Heard about knife, love notes in defamation case
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Finland’s parliament votes yes to NATO
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Analysis-Why Twitter has ignored Elon Musk’s ‘trolling’
Italian luxury group Zegna sees sales above 2 billion euros in mid-term
Date: May 17, 2022
MILAN (Reuters) – Italy’s Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the medium term, up from the 1.29 billion euros posted last year, the fashion group said on Tuesday at its first Capital Markets Day since its debut on Wall Street in late 2021. The family-owned group is targeting an...
France’s Engie to pay Russia’s Gazprom in euros this month
Date: May 17, 2022
By Anait Miridzhanian and Benjamin Mallet (Reuters) -French power company Engie said on Tuesday it would make the next payment to Russian gas producer Gazprom in euros before the end of the month as both companies have agreed on a solution in line with European sanctions. CEO Catherine MacGregor told a call with analysts that...
Ukraine will get worse for isolated Russia, analyst says on state TV
Date: May 17, 2022
By Guy Faulconbridge LONDON (Reuters) – One military analyst had a brutally frank message for viewers of Russian state television: The war in Ukraine will get much worse for Russia, which is facing a mass mobilisation supported by the United States while Russia is almost totally isolated. Since President Vladimir Putin ordered the Feb. 24...
ECB’s Knot says 50 bps July rate hike possible if inflation broadens
Date: May 17, 2022
AMSTERDAM (Reuters) – The European Central Bank should raise its key interest rate by 25 basis points in July but should not yet rule out a bigger increase, Dutch central bank chief Klaas Knot told Dutch TV programme College Tour. “The first interest rate hike is now being priced in for the monetary policy meeting...
UK unemployment hits 48-year low, pushing up pay
Date: May 17, 2022
By David Milliken and William Schomberg LONDON (Reuters) -Britain’s jobless rate hit a 48-year low in the first three months of 2022 and employers paid bigger bonuses to keep or attract staff, according to data that added to bets by investors on further Bank of England interest rate hikes. Core earnings for most workers fell...
Shanghai hits prized ‘zero COVID’ status but lockdown lingers
Date: May 17, 2022
By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Shanghai achieved its long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones on Tuesday but most residents will have to put up with confinement for a while longer before resuming more normal life. For other cities in China that have been...