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Brussels airport to cancel all outgoing flights on Oct 14 due to national strike

BRUSSELS (Reuters) -Brussels airport said on Tuesday it will cancel all outgoing flights on October 14 due to a national strike organised by Belgian unions to protest against a savings plan put forward by the government. “Due to the national trade union action on Tuesday 14 October, in which the staff of the security service …

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German inflation rises in September to highest level since February

By Maria Martinez BERLIN (Reuters) -German inflation accelerated more than expected in September, rising for a second consecutive month and reaching the highest level since February. German inflation rose to 2.4% in September, preliminary data from the federal statistics office showed on Tuesday. Analysts polled by Reuters had forecast EU-harmonised inflation increasing to 2.2% from …

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Glencore promotes head of LNG to lead oil and gas trading, memo shows

By Dmitry Zhdannikov LONDON (Reuters) -Glencore has promoted its top gas and power trader Maxim Kolupaev to lead the firm’s entire oil and gas trading division when current head Alex Sanna steps down at the end of 2025, according to a Glencore memo to staff seen by Reuters. Gas and liquefied natural gas (LNG) trading …

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Switzerland and UBS could compromise on capital rules, sources say

By Ariane Luthi and Oliver Hirt ZURICH (Reuters) -Switzerland and UBS are signalling in private a willingness to compromise on capital rules, potentially paving the way for parliament to settle on lower requirements acceptable to the government and the bank, according to people familiar with the situation. UBS has strongly criticised the government’s proposed rules …

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Euro zone inflation risk quite contained, Lagarde says

HELSINKI (Reuters) -The euro zone economy is handling U.S. tariffs better than earlier expected, leaving inflation risks “quite contained,” European Central Bank President Christine Lagarde said on Tuesday. The ECB has kept interest rates steady since June and signalled that it was in no hurry to adjust policy further as the economy was holding up …

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France, Portugal, Spain to hold talks on speeding up power links

By Kate Abnett BRUSSELS (Reuters) -France, Portugal and Spain will hold talks in the coming weeks on how to speed up power interconnector projects, Portugal’s energy minister told Reuters, as the country pushes to improve electricity links following a huge blackout in April. Spain and Portugal’s poor electricity connections to the rest of Europe were …

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Ryanair halts low-fare winter flights to Tel Aviv over terminal dispute

(Reuters) -Ryanair said on Tuesday it will not restart low-fare flights to and from Tel Aviv this winter, as the city’s Ben Gurion Airport refused to confirm the airline’s summer 2026 slots or guarantee access to its low-cost terminal.  The airline said the Israeli airport had repeatedly forced Ryanair to use the more expensive Terminal …

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NewPrinces completes acquisition of Britain’s Diageo Plant in Northern Italy

(Reuters) -Italy’s NewPrinces has completed the acquisition of a plant in northern Italy from the world’s biggest spirits producer Diageo for 100 million euros ($117 million), it said on Tuesday. The purchase price includes 107 million euros of net cash and will reduce its overall net debt by 7 million euros, NewPrinces said in a …

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Euro zone inflation data points to uptick on slower energy price fall

By Balazs Koranyi FRANKFURT (Reuters) -Inflation accelerated in the euro zone’s biggest economies this month, suggesting that overall price growth also ticked up across the 20 nation bloc, further easing pressure on the ECB to lower borrowing costs. The ECB cut its key rate by 2 percentage points in the year to June but has …

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