By Belén Carreño MADRID (Reuters) – A revamp of Spain’s labour rules has led to a 142% rise in young workers with permanent contracts in a country where rates of youth unemployment and under-employment have been among the highest in Europe since the global financial crisis. The increase is evidence that the Socialist-led government’s 9-month-old …
Youth in Spain see jobs gain after years of instability Read More »
(Reuters) – The Bank of Japan will be the last of the major central banks to hold a policy meeting this year, and policy-makers in emerging economies also mark the year-end with rates decisions. The state of the U.S. housing market is in focus, while in Europe unusually cold weather has raised concerns of electricity …
(Reuters) – Twitter CEO Elon Musk launched a poll on the social media platform on Sunday asking users whether he should step down as head of the company, adding that he would abide by the poll results. As of 0557 GMT, almost 12 million users had participated in the poll, with 56.3% voting in favor …
Elon Musk launches poll asking if he should quit as Twitter CEO Read More »
BERLIN (Reuters) -German union Verdi on Sunday urged workers at Amazon warehouses across the country to support rolling strikes in coming days in a protest over pay, aimed at maximising disruption to the online retailer’s pre-Christmas business. The union said that, in response to pay hikes that had lagged inflation, it had called on workers …
German union warns Amazon of rolling pre-Christmas strikes Read More »
By Kate Abnett BRUSSELS (Reuters) – European Union countries are considering a proposal to cap gas prices at lower levels than suggested to date, before the bloc’s energy ministers meet on Monday to attempt to approve the measure, according to a document seen by Reuters. Despite months of negotiation and two emergency ministerial meetings over …
EU considers lower gas price cap in hunt for Monday deal Read More »
TUNIS (Reuters) – The European Investment Bank, the lending arm of the European Union, has approved a 220 million euro loan ($233 mln) for Tunisia, including 150 million euros in emergency support for food security, the Tunisian Ministry of Economy said on Sunday. Tunisia is in a deep financial crisis which has resulted in a …
EIB bank lends Tunisia 150 million euros in emergency support for food security Read More »
ZURICH (Reuters) – Italian businessman Silvio Berlusconi family’s MediaForEurope NV vehicle has notified the Austrian competition authority about the “acquisition of de facto sole control of ProSiebenSat1 Media DE Deutschland”, the competition watchdog said. ProSieben, which operates several German television stations, had no comment. MFE had no comment on the notification, which was first reported …
Berlusconi-backed MFE notifies Austrian watchdog about Prosiebensat.1 holding Read More »
AMSTERDAM (Reuters) -Dutch cryptocurrency exchange Bitvavo said on Saturday it is trying to recover 280 million euros ($296.30 million) from U.S.-based Digital Currency Group (DCG) and its subsidiaries. Bitvavo said it had lent the money to DCG subsidiary Genesis Global Capital in order to offer Bitvavo’s own customers a product where they received interest on …
Crypto exchange Bitvavo says it aims to recoup 280 million euros from DCG Read More »
(Reuters) -Goldman Sachs Inc has tapped Bradley Fried, former Chair of the Court of the Bank of England, as chairman of Goldman Sachs International (GSI), Sky News reported on Saturday. Fried will replace Jose Manuel Barroso, who was the former European Commission president, according to the report. The announcement is expected next week and Fried …
Goldman taps former BoE official Bradley Fried as next International chair- Sky News Read More »
KYIV (Reuters) – Moldova has reached a short-term energy deal that would help wean one of Europe’s poorest countries off its dependence on Russian natural gas, a senior official said on Saturday. The former Soviet republic of 2.5 million, which faces soaring inflation amid Russia’s war on neighbouring Ukraine, has traditionally been heavily reliant on …
Moldova moves closer to breaking dependence on Russian gas, deputy PM says Read More »
