By Catarina Demony (Reuters) – People with disabilities in Europe still face disproportionate obstacles when flying, with denial of boarding common due to purported safety reasons often related to equipment such as wheelchairs or assistance dogs, a report said on Wednesday. The Brussels-based European Disability Forum (EDF) report urged the European Union to put in …
Disability groups urge EU to end air travel ‘nightmare’ Read More »
By Balazs Koranyi FRANKFURT (Reuters) – Euro zone inflation eased last month but underlying readings remained stubbornly high, Eurostat said on Wednesday, confirming preliminary data that raised worries at the European Central Bank about the persistence of price pressures. Consumer inflation in the 20 nations sharing the euro eased to 6.9% from 8.5%, primarily on …
Core euro zone inflation edges up in March, keeping ECB on alert Read More »
(Reuters) -Commuters in Germany face widespread disruption on Friday after the EVG rail and transport union announced a nationwide strike during the busy morning hours, affecting national operator Deutsche Bahn. The strike, which coincides with a separate walkout at three airports, involves 50 rail companies and will run from 3 a.m. (0100 GMT) until 11 …
Strike to bring German rail travel to standstill on Friday Read More »
LONDON (Reuters) – British house prices increased by 5.5% in the 12 months to February, the Office for National Statistics (ONS) said on Wednesday, slowing from January’s upwardly revised 6.5% rise. London was the region with the lowest annual growth, the ONS said, with prices there up 2.9%. More recent gauges of Britain’s housing market …
UK house prices rise 5.5% year-on-year in February Read More »
LONDON (Reuters) – Heathrow Airport, Britain’s busiest hub, said on Wednesday it had launched an appeal against a ruling by the airport regulator that it must cut the fees it charges airlines between 2024-2026. The Competition and Markets Authority, Britain’s competition watchdog, will now decide whether the appeal has grounds to go ahead, the latest …
UK’s Heathrow Airport to appeal regulator’s cut to landing fees Read More »
By Shristi Achar A (Reuters) -Britain’s FTSE 100 slipped on Wednesday, snapping an eight-day rally as consumer prices fell less than expected, boosting bets for one more rate hike from the Bank of England (BoE) at its May monetary policy meeting. The blue-chip FTSE 100 fell 0.4%, while the mid-cap FTSE 250 was down 0.8%, …
London stocks slip as UK’s high inflation raises bets for BoE hike Read More »
By Shubham Batra (Reuters) -European shares fell on Wednesday, as investors scrutinised still-hot UK inflation and corporate earnings, while awaiting euro zone March inflation data for more clues on the European Central Bank’s monetary tightening path. The pan-European STOXX 600 index fell 0.2% but was still hovering around its 14-month highs. Meanwhile, rate-sensitive real estate …
European shares fall ahead of March inflation data Read More »
ROME/MILAN (Reuters) – Shares in Telecom Italia (TIM) tumbled more than 5% on Wednesday on disappointment at the reported valuation of new offers for its landline grid and submarine cable unit Sparkle. Analysts voiced concern that the bids fell well short of what leading TIM shareholder Vivendi is seeking and that a swift resolution of …
TIM shares slide as reported grid bids disappoint Read More »
By Valentina Za MILAN (Reuters) -An Italian investor in both UniCredit and Banco BPM said on Wednesday that a merger between the banks would have “strategic value”, but any decision lay with management and not shareholders. Italy’s second largest bank UniCredit was preparing to launch a takeover offer for the number three lender Banco BPM …
Italian investor in UniCredit, Banco BPM sees ‘strategic value’ in merger Read More »
LONDON (Reuters) – WhatsApp and other messaging services have united to oppose Britain’s plan to force tech companies to break end-to-end encryption in private messages in its proposed internet safety legislation. Meta-owned WhatsApp, Signal and five other apps signed an open letter saying the law could give an “unelected official the power to weaken the …
WhatsApp and other messaging apps oppose UK’s move on encryption Read More »
