(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and necessities. Here’s how governments are trying …
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MOSCOW (Reuters) – South Korea’s Hyundai Motor Co, formerly one of Russia’s biggest car makers, has begun laying off workers at its St Petersburg factory, which has stood idle since …
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Activist Blackwells sues GNL, Necessity Retail over board dispute
by Reutersby ReutersBy Anirban Sen NEW YORK (Reuters) – Blackwells Capital, a hedge fund seeking to replace some of the board directors at Global Net Lease Inc and Necessity Retail REIT Inc, …
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By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Shareholders in Uniper on Monday approved a state bailout that has so far cost the German government more than 50 billion euros …
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Tesla hits 3,000 cars a week in Berlin, Austin later than planned
by Reutersby ReutersBERLIN (Reuters) – Tesla’s German plant produced 3,000 cars last week for the first time, the carmaker tweeted late on Sunday – but the milestone was reached over two months …
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Recovery in Asia M&A, stuck at 8-year-lows, rests on macro conditions
by Reutersby ReutersBy Kane Wu (Reuters) – Stronger Asia-Pacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing costs, weak …
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Netherlands PM Rutte apologises for role of Dutch state in slavery
by Reutersby ReutersBy Toby Sterling and Ank Kuipers THE HAGUE (Reuters) – Prime Minister Mark Rutte on Monday apologised on behalf of the Dutch State for its historical role in slavery, and …
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Analysis-Investors eye a new market in Central Europe: homes for rent
by Reutersby ReutersBy Canan Sevgili, Jason Hovet and Gergely Szakacs GDANSK, Poland/PRAGUE (Reuters) – With rising interest rates and limited supply putting home ownership out of reach for a growing number of …
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U.S. confirms fifth Takata air bag inflator death in 2022, urges owners to get repairs
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators confirmed a fifth Takata air bag inflator crash death in 2022 and reiterated urgent calls for owners to get repairs. Chrysler-parent …
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EU warns Meta over Facebook Marketplace antitrust breach
by Reutersby ReutersBRUSSELS (Reuters) -The European Commission on Monday said it has warned Facebook parent company Meta that it is breaching EU antitrust laws by distorting competition in markets for online classified …
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By Alexander Marrow MOSCOW (Reuters) -The rouble slumped to its weakest point in more than seven months against the dollar on Monday and was on course for its biggest single-day …
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Tesla may announce $800 million to $1 billion in Mexico plant in coming days – report
by Reutersby ReutersMEXICO CITY (Reuters) -Electric carmaker Tesla could announce the construction of a “Gigafactory” in the northern Mexican state of Nuevo Leon as soon as Friday, with an initial investment of …
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Qatar expects 16% revenue rise in 2023 budget on higher oil prices
by Reutersby ReutersBy Rachna Uppal DUBAI (Reuters) -Qatar approved its 2023 fiscal year budget on Monday with revenue estimated to increase 16.3% next year, its finance minister said, thanks to rising average …
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Wirecard witness admits guilt but pins German fraud blame on ex-CEO
by Reutersby ReutersBy Christina Amann MUNICH (Reuters) – The key prosecution witness in Germany’s biggest post-war fraud trial admitted guilt on Monday in a scam that led to Wirecard’s collapse but said …
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ESG funds set for first annual outflows in a decade after bruising year
by Reutersby ReutersBy Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Investors pulled more money from funds marketed as “sustainable” than they added for the first time in more than a decade …
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Microsoft to roll out ‘data boundary’ for EU customers from Jan. 1
by Reutersby Reuters(This Dec. 15 story has been refiled to correct grammar in paragraph 5 to ‘need to be taking,’ not ‘needed to be taken’) By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM …
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By Arshad Mohammed and John Irish WASHINGTON/PARIS (Reuters) – For nearly two years the United States has tried and failed to negotiate a revival of the 2015 Iran nuclear deal …
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BERLIN (Reuters) -German union Verdi on Sunday urged workers at Amazon warehouses across the country to support rolling strikes in coming days in a protest over pay, aimed at maximising …
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Morgan Stanley appoints two co-heads of Italian investment banking operations
by Reutersby ReutersMILAN (Reuters) – Morgan Stanley has named Emilio Greco and Nicola Savoini as co-heads of its Italian investment banking operations, it said on Monday. Greco joined the bank last year, after …
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By Giuseppe Fonte ROME (Reuters) -Italy will scrap part of its plans to facilitate cash payments for goods and services after criticism from European Union authorities and its own central …
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Exclusive-Probe of Musk’s Neuralink to scrutinize long-criticized U.S animal welfare regulator
by Reutersby ReutersBy Rachael Levy, Sarah N. Lynch and Marisa Taylor (Reuters) – Law enforcement officials investigating Elon Musk’s Neuralink Corp over its animal trial program are also scrutinizing the U.S. Department …
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Malaysia Prime Minister Anwar wins motion of confidence in parliament
by Reutersby ReutersBy Mei Mei Chu and Angie Teo KUALA LUMPUR (Reuters) -Malaysian Prime Minister Anwar Ibrahim’s motion of confidence was passed in parliament on Monday, winning vital backing for his premiership …
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TAIPEI (Reuters) – Taiwan’s government has opened a probe into Chinese-owned social media platform TikTok on suspicion of illegally operating a subsidiary on the island, though the company’s owner denied …
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LONDON (Reuters) – British factories’ output and export orders slid this month, according to a survey on Monday that underlined the troubles faced by the manufacturing sector, including high inflation …
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BERLIN (Reuters) – German business morale rose more than expected in December as the outlook for Europe’s largest economy improved despite the energy crisis and high inflation, a survey showed …