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Pandemic pushes Spanish workers out of the shadows
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Sweden’s ruling Social Democrats to decide on NATO on May 15
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European stocks hit 2-month lows on mining, tech losses
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Ukraine war drives De Beers to step up diamond traceability efforts
Euro zone investor morale slumps, recession “becoming visible”
Date: May 9, 2022
BERLIN (Reuters) – Investor morale in the euro zone fell in May to its lowest level since June 2020, a survey showed on Monday, dropping for the third month in a row as the impact of the war in Ukraine on Europe’s largest economy becomes increasingly clear. Sentix’s index for the euro zone fell to...
Putin speaks at Victory Day parade on Moscow’s Red Square
Date: May 9, 2022
(Reuters) – Following are quotes from a televised speech on Monday by President Vladimir Putin at Moscow’s annual Victory Day parade on Red Square, translated from Russian to English by Reuters: ON SECURITY GUARANTEES DEMANDED BY PUTIN “Despite disagreements in international relations, Russia has always advocated the creation of a system of equal and indivisible...
Battered sterling falls to fresh lows against dollar
Date: May 9, 2022
LONDON (Reuters) – Britain’s battered pound fell to its lowest level since June 2020 for a third straight day on Monday against a broadly robust dollar. News that Irish nationalist party Sinn Fein won the most seats in the Northern Ireland’s devolved assembly for the first time in elections last Thursday added to the pound’s...
Portugal set to start up Europe’s largest floating solar park
Date: May 9, 2022
By Sergio Goncalves and Miguel Pereira ALQUEVA, Portugal (Reuters) – Two tugboats have moved a vast array of 12,000 solar panels, the size of four soccer pitches, to their mooring on Portugal’s Alqueva reservoir in preparation to start up Europe’s largest floating solar park in July. Built by the country’s main utility EDP on Western...
SoftBank seen posting bruising Vision Fund loss on tech sell-off
Date: May 9, 2022
By Sam Nussey TOKYO (Reuters) – Japan’s SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off the high-growth stocks favoured by the fund with questions about their earnings potential. With the technology investor poised to post full-year earnings, comments from...
UK to urge N. Ireland parties to form government under Brexit shadow
Date: May 9, 2022
By Paul Sandle LONDON (Reuters) -Britain’s Northern Ireland minister will urge leaders of the province’s political parties on Monday to form a new post-election power-sharing government, a challenge made more difficult by unresolved Brexit issues. Irish nationalist party Sinn Fein won the most seats in the Northern Ireland’s devolved assembly for the first time last...