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Welders wanted: France steps up recruitment drive as nuclear crisis deepens

By Benjamin Mallet PARIS (Reuters) – French power giant EDF is looking to recruit a new generation of welders, pipe-fitters and boiler makers to fix its ageing nuclear reactors and build more of them, as Europe’s energy crisis rekindles the allure of atomic power. The problem is that in France such skilled workers are in …

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Swiss GDP growth lags expectations in Q3

ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-on-year, official data showed on Tuesday, lagging market expectations. That compared to downwardly revised quarterly growth of 0.1% in the second quarter, the State Secretariat for Economic Affairs (SECO) said. Economists polled …

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Crypto lender BlockFi files for bankruptcy, cites FTX exposure

By Hannah Lang, Niket Nishant and Manya Saini (Reuters) -Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry casualty after the firm was hurt by exposure to the spectacular collapse of the FTX exchange earlier this month. The filing in a New Jersey court comes as crypto …

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Juventus loses Chairman Agnelli, CEO as board resigns

MILAN (Reuters) – The board of Juventus, including Chairman Andrea Agnelli and CEO Maurizio Arrivabene, has resigned, the Italian Serie A soccer team said on Monday, confirming what a source had earlier told Reuters. The collective resignation comes after Juventus’s financial statements underwent scrutiny by prosecutors and Italian market regulator Consob in recent months for …

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Siemens Healthineers to sell $140 million in medical equipment to Atrium Health

By Bianca Flowers CHICAGO (Reuters) – Siemens Healthineers on Monday announced an agreement to sell more than $140 million dollars of medical equipment to U.S. healthcare provider Atrium Health over the next 10 years in an effort to increase access to care in underserved communities. The agreement with Atrium, which is focused in the U.S. …

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European retailers downbeat despite Black Friday boost

By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans snapped up smartphones, Christmas decorations, sweaters and jewellery during a surge in shopping over the Black Friday weekend, though prospects for the festive season remained gloomy, retailers said. A survey of 400 businesses by Germany’s HDE retailers’ association showed just over half of merchants …

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Analysis-U.S. green subsidies heighten fears for German industry

By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Building a lithium-ion battery factory in Germany, Europe’s top car producer, had seemed like a no-brainer for Northvolt. But a new U.S. law offering hefty subsidies to local manufacturers of green technology has given the company pause for thought.      Chief Executive Peter Carlsson said that under …

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BP weighs ending its 70-year-old Statistical Review of World Energy

By Ron Bousso LONDON (Reuters) – BP is considering ending the publication of its Statistical Review of World Energy, over 70 years after it first published the benchmark report, as the energy major focuses on its shift to renewables, the company told Reuters. The Statistical Review has been a go-to resource for the wider energy …

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EU sets out plans to shift derivatives clearing from London to Frankfurt

By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they are not overly reliant on clearing houses in London for processing their derivatives transactions, an EU draft document seen by Reuters showed. The EU has long wanted to end heavy reliance on London-based …

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Exclusive-Microsoft likely to offer EU concessions soon in Activision deal -sources

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections to its $69 billion bid for “Call of Duty” maker Activision Blizzard, people familiar with the matter said. The U.S. software giant and Xbox maker announced the deal in January …

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