MILAN (Reuters) – Italy’s state railways company Ferrovie dello Stato said on Friday it will grant its staff a 300 euro additional bonus this year under a scheme approved by the government to help soften the impact of the rising cost of living. Ferrovie said under an agreement with unions it will give its staff …
Italy state railway adds 300-euro bonus to help staff with cost of living Read More »
NEW YORK (Reuters) – EY has hired Rodolfo Araujo, an expert in corporate governance, to lead the auditing and consulting firm’s environmental, social and governance (ESG) strategy and investor engagement efforts, two people familiar with the matter said on Friday. Araujo will provide strategic counsel to corporate boards, management teams and asset managers on ways …
EY hires Araujo from FTI for ESG strategy, sources say Read More »
By Foo Yun Chee BRUSSELS (Reuters) -U.S. online retail giant Amazon may be able to end two EU antitrust investigations by the end of the year after tweaking concessions to address concerns over its use of sellers’ data, two people familiar with the matter said on Friday. Settling the EU investigations means the company will …
Amazon settlement with EU antitrust regulators possible by year end -sources Read More »
ATHENS (Reuters) – National Bank (NBG), Greece’s second-largest lender by market value, on Friday issued 200 million pounds ($241.6 million) of notes which will mature in 4-1/2 years. It is the first sterling-denominated offer from a Greece-based issuer since 2009, with 70% of the senior preferred notes taken up by foreign investors, National Bank said …
Greece’s National Bank issues 200 million sterling notes Read More »
By Rachel More and Mathieu Rosemain BERLIN/PARIS (Reuters) -Some workers at Amazon sites in Germany and France downed tools on Black Friday, as part of a move across the world to target the online retailer on one of the busiest shopping days of the year with calls for better pay. The Make Amazon Pay initiative, …
Amazon workers protest at some German, French sites on Black Friday Read More »
LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, and German discounter Aldi will provide 26.4 million pounds ($32 million) of additional support to the country’s struggling egg industry. The UK egg industry is currently in crisis with shortages leading to rationing by major supermarkets including Tesco, Asda and Lidl. Retailers have blamed the shortages on Britain’s …
Tesco and Aldi provide extra 26.4 million pounds to support British egg industry Read More »
By James Davey LONDON (Reuters) – Europe’s retailers are hoping Black Friday discount day will get shoppers spending, though it is taking place against a backdrop of a worsening cost-of-living crisis and the distraction of the soccer World Cup. Retailers across Europe fear the overall Christmas trading season could be the worst in at least …
Cost-of-living crisis casts shadow over Europe’s Black Friday Read More »
By Sruthi Shankar and Devik Jain (Reuters) -Europe’s STOXX 600 index closed flat on Friday, for its sixth straight weekly gain, as hopes of slowing interest rate hikes offset a real estate sector sell-off and retailers were hurt by fears of a bumpy holiday shopping season. The pan-European stock index hit a more than three-month …
Europe’s STOXX 600 logs sixth straight week of gains Read More »
By Shashwat Chauhan and Shristi Achar A (Reuters) – The FTSE 100 rose on Friday helped by gains in energy shares while the domestically-focused midcap index was subdued amid concerns about a gloomy holiday season as a cost-of-living crisis worsens. The blue-chip FTSE 100 closed 0.3% higher and the domestically focussed FTSE 250 midcap was …
FTSE 100 rises on energy boost; retail stocks slip on Black Friday Read More »
LONDON (Reuters) – British Health Secretary Steve Barclay said on Friday he was open to talks with nurses union RCN but highlighted the merits of a pay rise that was set out by the government in July. Responding to news that nurses are set to carry out their biggest ever strike action, Barclay emphasised that …
UK open to talks over nurses strike, but stands by previous pay offer – minister Read More »
