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By Bozorgmehr Sharafedin (Reuters) – Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the security of gas supplies. Below outlines some of the policies Britain and European Union member states have announced to help shield consumers (in …

Factbox-Europe’s efforts to shield households from soaring energy costs Read More »

MEXICO CITY (Reuters) -Workers at Volkswagen’s main Mexico factory will be asked to vote again on whether to approve their union’s deal with management for 9% raises after initially rejecting the agreement, the union said on Monday. The plant’s Independent Union of Automotive Workers (SITIAVW) reached a deal with the company for what would have …

Volkswagen Mexico union to hold new contract vote after workers rejected deal Read More »

(Reuters) -British cybersecurity firm Darktrace Plc said on Monday it was in the early stages of discussions with tech investment firm Thoma Bravo regarding a possible cash offer. Darktrace said the discussions were at a preliminary stage and there could be no certainty of an offer or its terms. As per the City Code on …

Cybersecurity firm Darktrace confirms preliminary approach from Thoma Bravo Read More »

BERLIN (Reuters) – Water levels on the Rhine river are very low because of unusually hot and dry weather, preventing many vessels from navigating the critical European shipping route fully loaded. Here are some facts about why shipping on the Rhine river is important for the economy: WHY IS RHINE RIVER SHIPPING IMPORTANT? Flowing from …

Factbox – Why low water levels on the Rhine river hurt Germany’s economy Read More »

By Sarah El Safty and Mahmoud Salama CAIRO (Reuters) – Ukrainian officials are working to release a detained vessel carrying Ukrainian wheat purchased by Egypt’s government, Ukraine’s Mideast envoy told reporters on Monday. The vessel, Emmakris III, was detained last month at the request of Ukraine’s prosecutor general to investigate its alleged Russian owner, court …

Ukraine working to release detained wheat shipment for Egypt Read More »

LONDON (Reuters) -More than 500 dockworkers at the Port of Liverpool, one of Britain’s largest container ports, have voted in favour of strike action over pay and working conditions, the Unite trade union said on Monday. The industrial action would mean the port would be “grinding to a halt”, the union said, though it didn’t …

Hundreds of workers at Liverpool port vote to strike over pay Read More »