DUBLIN (Reuters) – European Union justice chief Didier Reynders will meet executives from Twitter and Meta at their European headquarters in Dublin this week, the Irish Times quoted the commissioner as saying on Tuesday. Following recent layoffs at the two companies, the newspaper quoted Reynders as saying that he was struck by “some decisions to …
EU Justice Commissioner to meet Meta, Twitter executives in Dublin Read More »
By Jesús Aguado MADRID (Reuters) – The Spanish government and banks have agreed in principle on mortgage relief measures such as extending loan repayments for more than one million vulnerable households and on help for middle-class families, the economy ministry said on Monday. The new measures are expected to be approved at a cabinet meeting …
Spain to approve mortgage support for more than 1 million households Read More »
WASHINGTON (Reuters) – Penguin Random House, the world’s largest publisher, and rival Simon & Schuster have scrapped a $2.2 billion deal to merge, Penguin owner Bertelsmann said in a statement. Bertelsmann, a German media group which owns Penguin, initially said it would appeal a U.S. judge’s decision which said its bid to acquire Simon & …
Penguin Random House scraps $2.2 billion deal to merge with Simon & Schuster Read More »
By Ron Bousso LONDON (Reuters) -Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government’s decision to increase a windfall tax on oil and gas producers. “We’re going to have to evaluate each project on a case by case basis,” said …
Shell to ‘evaluate’ 25 billion pound British investments after windfall tax Read More »
OSLO (Reuters) – Test production of electricity at Finland’s much-delayed Olkiluoto 3 nuclear reactor will restart on Dec. 11 at the earliest, while regular output is at best set to begin on Jan. 22, operator Teollisuuden Voima (TVO) said on Monday. TVO in October revealed that cracks were found in the OL3 reactor’s four feedwater …
Finland may resume OL3 nuclear tests on Dec 11, operator says Read More »
PARIS (Reuters) – French regulator Arcom said on Monday it had sent a letter to Twitter asking it to ensure by Nov. 24 that it can meet its legal obligation to guarantee transparent information despite a series of drastic job cuts. Arcom, the regulatory authority for audiovisual and digital communication, said that following Twitter’s takeover …
France demands Twitter ensure it can preserve ‘safe environment’ Read More »
By Andrew Mills and Maha El Dahan DOHA (Reuters) – QatarEnergy chief Saad al-Kaabi said on Monday that business with German firms would not be impacted by political tensions over criticism of Qatar’s hosting of the World Cup, which has raised the ire of officials in the Gulf Arab gas exporter. Kaabi told Reuters he …
Exclusive-QatarEnergy boss says World Cup tension will not impact German business Read More »
By Shashwat Chauhan and Shristi Achar A (Reuters) -The export-heavy FTSE 100 slipped on Monday as commodity stocks fell on concerns about COVID-19 curbs in top metals consumer China, although losses were limited as a weaker pound lifted shares of internationally-focused consumer firms. The blue-chip FTSE 100 closed the session 0.1% lower, after rising as …
FTSE 100 eases as China COVID surge knocks energy, mining stocks Read More »
By Andy Bruce and David Milliken BIRMINGHAM, England (Reuters) -British Prime Minister Rishi Sunak pushed back on Monday against calls from companies to improve trade ties with the European Union and liberalise immigration to help boost growth, saying Brexit had already benefited the country. Sunak told business leaders at a Confederation of British Industry (CBI) …
UK’s Sunak rebuffs call to ease stance on migration and Brexit Read More »
By Miranda Murray and Balazs Koranyi BERLIN (Reuters) -German producer prices posted their first monthly fall in two and a half years in October, according to data released on Monday, raising hopes that double-digit inflation in Europe’s largest economy could be nearing its peak. Producer prices of industrial products fell 4.2% on the month, due …
Hopes grow for inflation relief as German producer prices fall Read More »
