(Reuters) -Britain’s biggest airport Heathrow had a slow start to 2022 after Omicron fears ruined travel plans of more than 1.3 million passengers, it said on Friday, although it was hopeful that outbound summer holidays could help offset the weakness. Travel demand in January was weaker than expected, the airport to the west of London …
UK’s Heathrow airport hopeful of summer tours after weak start to 2022 Read More »
PARIS (Reuters) -State-owned utility EDF said it would hire more than 3,000 staff this year as France prepares to build at least six next-generation EPR2 reactors and extend the lives of existing sites. The company is aiming to recruit 1,600 engineers and the same number of technicians by the end of the year, it said …
French power company EDF to hire over 3,000 staff this year in nuclear push Read More »
PARIS (Reuters) – French Finance Minister Bruno Le Maire told C News TV on Friday that he was sure that EDF’s difficulties would “disappear” after France announced plans to build at least six new nuclear reactors in the decades to come. President Emmanuel Macron said on Thursday that the new plants would be built and …
French Finance Minister: EDF’s problems will disappear after latest nuclear investments Read More »
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) -Worried about record-high inflation, the European Central Bank may have significantly raised the threshold where it might staunch bond market sell-offs in Italy and other weaker euro bloc countries. Markets across poorer, debt-laden southern Europe reacted with shock to the ECB’s move to walk back earlier pledges …
For euro zone bond markets, the ECB ‘put’ is some way off Read More »
ISTANBUL (Reuters) -Turkey’s current account is expected to record a $15 billion deficit in 2021, lower than government expectations, a Reuters poll showed on Monday, mainly due to rising imports of energy and intermediary goods. The median poll response of 13 economists was for a deficit of $14.95 billion in 2021, compared to government estimate …
Turkey’s current account deficit at $4 billion in Dec, $15 billion in 2021 Read More »
BERLIN (Reuters) -Media company Axel Springer told workers on Thursday that diversity and inclusion courses would be mandatory for all top managers as it seeks to contain the fallout from a media report into its handling of allegations of harassment of women. Axel Springer, which bought Politico in August, dismissed https://www.reuters.com/business/media-telecom/germanys-axel-springer-dismisses-top-bild-editor-after-media-reports-2021-10-18 Julian Reichelt as editor-in-chief …
Germany’s Axel Springer mandates diversity training after its own #MeToo Read More »
By Elizabeth Culliford (Reuters) – OnlyFans, an online subscription platform known for adult content, has launched a feature for users to display verified NFTs as profile pictures, it said on Thursday. The UK-based company, which said it introduced the feature in December, joins social media companies such as Twitter and Reddit that have explored ways …
DUBLIN (Reuters) – The head of the Eurogroup of euro zone finance ministers, Paschal Donohoe, on Thursday praised the European Central Bank for its actions during the COVID-19 pandemic, saying they had underpinned a strong economic recovery. “I believe if the ECB had changed its monetary policy guidance in a way that was different to …
Eurogroup head Donohoe praises ECB for COVID record Read More »
DUBLIN (Reuters) – The Irish government on Thursday announced a 200 euro credit to all domestic electricity accounts and a 20% cut to public transport costs until the end of the year in a bid to ease political pressure building around record inflation. The government in December announced plans to credit all domestic electricity users …
Ireland cuts 200 euros from energy bills to curb rising costs Read More »
By Stephen Jewkes and Francesca Landini MILAN (Reuters) – Italy’s Saipem does not face a liquidity crunch for now and should meet an April bond repayment deadline, ratingsagency S&P said, as it races to come up with a rescue plan. The energy services group shocked investors last week when it warned it would report a …
Italy’s Saipem does not face liquidity risk in short term, S&P says Read More »
