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Beyond cigarettes: Philip Morris lights up race with Swedish Match bid
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Chinese findings on Mars suggest water existed for longer on planet’s surface
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Pride and Pronouns: What’s All The Fuss About?
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The UK housing market is broken and in need of urgent treatment
AXA, Unilever to join new 1 billion euro regenerative agriculture fund
Date: May 11, 2022
ZURICH (Reuters) – Insurer Axa and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro ($1.06 billion) regenerative agriculture fund to be managed by Tikehau Capital, the three groups said on Wednesday. The companies each aim to invest 100 million euros into the fund. They said they...
ECB firms up expectations for July interest rate hike
Date: May 11, 2022
LJUBLJANA (Reuters) – The European Central Bank has firmed up expectations that it will raise its benchmark interest rate in July for the first time in more than a decade to fight record-high inflation, with some policymakers even hinting on Wednesday at further hikes after the first. With ECB policymakers clamouring for a rate hike...
EU lawmakers clinch compromises on carbon market overhaul
Date: May 11, 2022
By Kate Abnett BRUSSELS (Reuters) – European Union lawmakers have reached initial agreements on reforms to the EU carbon market, as they prepare to negotiate an overhaul of the 27-country bloc’s core policy for reducing planet-warming emissions. Lawmakers representing a broad majority in the European Parliament’s environment committee, backed most of the changes, the legislature’s...
Bank of Spain sees moderate immediate risk to banks from climate policies
Date: May 11, 2022
By Jesús Aguado MADRID (Reuters) – Spain’s transition to cleaner energy could bring more notable risks to sectors with higher CO2 emissions, such as transport, manufacturing and agriculture, though any impact on banks would be moderate in the short run, the Bank of Spain said. In an analysis of how increasing prices of CO2 emission...
Apple to pull the plug on iPod after 20 years
Date: May 11, 2022
(Reuters) – Apple Inc is discontinuing the iPod more than 20 years after the device became the face of portable music and kickstarted its meteoric evolution into the world’s biggest company. The iPod Touch, the only version of the portable music player still being sold, will be available till supplies last, Apple said in a...
Explainer-Can Elon Musk renegotiate a lower price for his Twitter deal?
Date: May 11, 2022
By Greg Roumeliotis (Reuters) – Twitter Inc shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions over whether the world’s richest person will try to renegotiate the deal. On Tuesday, the implied probability of the deal closing...