PARIS (Reuters) – French carmaker Renault said on Monday it had revised down its forecast for engineering and support jobs cuts in France between 2022 and 2024 to 1,700 from the 2,000 job losses previously expected. Renault, 15% owned by the French government, said in September it would start talks with unions on plans to …
Renault to cut fewer jobs than initially planned by 2024 Read More »
LONDON (Reuters) – Britain still has an acute shortage of heavy goods vehicle (HGV) drivers but the rate at which people are leaving the sector is at least slowing, an industry group said on Monday. Logistics UK, which represents freight and haulage businesses, estimates the country lacks around 120,000 drivers, shortages that have disrupted supply …
Britain sees ‘green shoots’ of recovery from trucker crisis Read More »
By Shadia Nasralla and Ron Bousso LONDON (Reuters) – Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another private equity-backed company, NEO, sources told Reuters. But on Thursday Royal Dutch Shell, Siccar Point’s partner …
Analysis: UK North Sea’s oil and gas future darkens after Shell’s Cambo exit Read More »
By Sudipto Ganguly MUMBAI (Reuters) -India’s spinners once again bared their fangs, sealing a record 372-run victory against New Zealand in the second and final test at the Wankhede Stadium on Monday to secure a 14th consecutive series triumph at home. It was the biggest margin of victory by runs for India in a home …
Cricket-India juggernaut rolls on at home as spinners wreak havoc Read More »
SYDNEY (Reuters) – England captain Joe Root said he did not “feel comfortable” naming his team for the first Ashes test on Monday but he left little doubt that Ben Stokes would be in it. All-rounder Stokes was a late addition to the squad after taking an indefinite break from the game in July to …
Cricket-Stokes looking good ahead of first Ashes test – Root Read More »
BEIJING (Reuters) -China’s top government thinktank on Monday recommended the government set an economic growth target of above 5% for next year as the economy slows due to the persistent COVID-19 cases and high commodity prices. “A target of above 5% leaves a certain room of leeway, which is a relatively prudent call. It would …
Chinese govt thinktank proposes growth target of above 5% for 2022 Read More »
By Waseem Sattar and Sheree Sardar KARACHI (Reuters) – A female turtle lumbers across the beach in Pakistan’s bustling port city of Karachi late at night, looking for a place to lay her eggs. Waiting for her, staff from Sindh Wildlife watch quietly as the green turtle buries a hundred or more eggs in the …
Pakistani wildlife team cradles green turtles babies from beach to sea Read More »
HONG KONG (Reuters) -Hong Kong property developer New World Development said on Monday it plans to sell 300 new homes at a discount of roughly 50% to the market price in the city’s first subsidised private housing project. As part of a move to provide more affordable housing in one of the world’s most expensive …
Hong Kong developer to offer 300 homes at 50% discount to market price Read More »
By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) – President Joe Biden celebrated artists including Bette Midler, Joni Mitchell and Lorne Michaels on Sunday at the Kennedy Center Honors, bringing back presidential participation to an annual event skipped by Republican Donald Trump. Singer Justino Díaz and Motown founder Berry Gordy rounded out the group of …
LONDON (Reuters) -British new car registrations last month were 1.7% higher than a year earlier but almost a third below their average pre-pandemic level due to ongoing computer chip shortages, industry data showed on Monday. The Society of Motor Manufacturers and Traders (SMMT) said 115,706 new cars were registered in November, up from 113,781 in …
UK new car sales edge up in November, but chip shortages weigh Read More »
