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UK shopper numbers show first signs of Omicron impact -Springboard

LONDON (Reuters) -The emergence of the new coronavirus Omicron variant is starting to impact shopper behaviour in Britain, researcher Springboard said on Monday. It said that in the week to Dec. 4 overall UK shopper numbers, or footfall, rose 0.7% versus the previous week and was up 0.5% in central London. However, Springboard noted its …

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Minsk to target EU, UK air carriers after sanctions on Belarusian air industry

MOSCOW (Reuters) – The Belarusian Foreign Ministry on Monday said Minsk would retaliate to sanctions on its aviation industry with similar measures against air carriers from the European Union and the United Kingdom. The EU sanctioned Belarusian state-run airline Belavia last week, accusing it of flying in migrants as a tactic to destabilise European states, …

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Palestinian killed after ramming car into West Bank checkpoint, Israel says

JERUSALEM (Reuters) -Israeli soldiers shot dead a Palestinian teenager who rammed a car into a military checkpoint in the occupied West Bank on Monday, seriously injuring an Israeli guard, Israel’s defence ministry said. The incident occurred at a roadblock between Israel and the central West Bank near the Palestinian city of Tulkarem. Speaking at the …

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India central bank may refrain from reverse repo hike on Omicron worry

(Corrects policy day in lede to Wednesday from Thursday) By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India will likely hold off on raising its key borrowing and lending rates on Wednesday, as it adopts a cautious tone amid the spread of the Omicron coronavirus variant, economists and market participants said. Fifty economists …

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Gig economy stocks plunge amid EU regulatory crackdown fears

LONDON (Reuters) -Speculation that the European Commission is set to propose stricter labour rules to regulate the gig economy have sent shares of companies in the sector sharply lower again on Monday building on losses from last week. Investors fear the business models of these companies might be jeopardized should the EU’s executive arm require …

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Solomon Islands prime minister survives no-confidence vote after riots

By Kirsty Needham SYDNEY (Reuters) -Solomon Islands Prime Minister Manasseh Sogavare on Monday survived a no-confidence motion in parliament after accusing the Pacific island nation’s most populous province of being “Taiwan’s agent” and anti-government protesters of attempting a coup. Dozens of buildings were burnt and shops looted in the capital a week ago in violence …

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U.N. rights boss Bachelet denounces Suu Kyi conviction in ‘sham trial’

By Stephanie Nebehay GENEVA (Reuters) -U.N. human rights chief Michelle Bachelet on Monday denounced a four-year jail term handed down to Myanmar’s ousted leader Aung San Suu Kyi https://www.reuters.com/world/asia-pacific/myanmar-court-give-first-rulings-suu-kyi-trial-2021-12-05 after a “sham trial” and called for her immediate release. The conviction of Suu Kyi “closes yet another door to political dialogue” in Myanmar, where the …

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Weaker foreign demand sinks German industrial orders in October

By Michael Nienaber BERLIN (Reuters) -Weaker demand from abroad drove a much bigger than expected drop in German industrial orders, including cars, in October, data showed on Monday, further clouding the growth outlook for manufacturers in Europe’s largest economy. A pandemic-related scarcity of microchips and other electronic components has caused massive supply bottlenecks and production …

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Orange, Vodafone discussed but abandoned merger idea last year, BFM TV says

PARIS (Reuters) -Orange, France’s largest telecoms operator, and Britain’s Vodafone discussed a merger of equals between mid-2020 and early 2021 but then abandoned the project due to French opposition, BFM TV reported, quoting sources. The French state, which owns 23% of Orange, was wary of losing some control and seeing the headquarters of the new …

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UK construction recovers as supply chain pressures ease

LONDON (Reuters) -Growth in Britain’s construction industry hit a four-month high in November, as supply-chain difficulties appeared to have passed their peak and a rise in commercial property work offset a slowdown in house-building, a survey showed on Monday. The monthly purchasing managers’ data also showed an easing in inflation pressures to their lowest since …

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