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FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because the growing market offers opportunities to challenge incumbent players, an executive told trade publication Automobilwoche. The French bank’s consumer finance arm has been in a push to increase mobility-related revenues from its car leasing joint venture with …

Credit Agricole is weighing foray into German car-sharing: media report Read More »

DUBLIN (Reuters) – The European Central Bank will likely increase interest rates by smaller increments next year if further hikes are needed, governing council member Gabriel Makhlouf was quoted as saying on Sunday. The ECB began to push up rates at its fastest pace on record in July and markets are betting on a 50-75 …

ECB’s Makhlouf sees smaller interest rate hikes in 2023, if needed Read More »

(Reuters) – The price for Russian seaborne oil should be capped at between $30 and $40 per barrel, lower than the level that Group of Seven nations have proposed, Ukrainian President Volodymyr Zelenskiy said on Saturday. European Union governments, seeking to curb Moscow’s ability to fund the Ukraine war without causing an oil supply shock, …

Ukraine wants lower cap on Russian oil, at $30-$40 per barrel Read More »

LONDON (Reuters) – Cleaners will become the latest set of transport workers to strike over pay in Britain, the Rail, Maritime and Transport union said on Saturday, adding to a wave of industrial action sweeping the country. The RMT said its members, working as cleaners throughout the transport network, had voted to hold their first …

British transport cleaning staff to strike over pay – union Read More »

LONDON (Reuters) – Black Friday shopper numbers across Britain rose 3.7% year-on-year, according to data from Sensormatic Solutions, providing some relief to the country’s beleaguered retailers. The increase was driven by high streets, where footfall was up 13.9% year-on-year. However, shopper numbers on Black Friday were still down 21.3% on pre-pandemic levels, Sensormatic said. Separate …

UK Black Friday shopper traffic up 3.7% – Sensormatic Read More »

AMSTERDAM (Reuters) – Unions representing workers at BP’s large Rotterdam refinery said on Saturday they plan to hold talks with management on Monday, in a possible step toward resolving a pay dispute that has left the plant idled for more than a week. In addition, spokesman Jaap Bosma of the CNV union said workers at …

BP’s Rotterdam refinery management, union to talk on Monday Read More »

PRAGUE (Reuters) – Czech pubs are turning to technology to reduce the cost of putting glasses of beer on the bar for thirsty locals. With Czechs among the biggest beer drinkers in the world, brewer Plzensky Prazdroj plans to install sensors which will collect data on beer flow, as well as tube and tap temperatures. …

Czech pubs tap tech in bid to save energy costs on beer Read More »