ROME (Reuters) – LVMH, the world’s largest luxury goods group, plans a new factory in Italy producing Louis Vuitton bags and other leather accessories, the Tuscany region said on Friday. …
Reuters
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Paul Whelan, ex-U.S. Marine jailed in Russia on spying charges
by Reutersby Reuters((This Dec. 8 story has been corrected to fix paragraph 8 to make clear Whelan was given a bad-conduct discharge from the Marine Corps, not a dishonourable discharge).) (Reuters) – …
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BRUSSELS/FRANKFURT (Reuters) -The European Commission has approved the acquisition of Uniper SE by the German government, it said on Friday, paving the way for nationalising the gas trading firm which …
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By Tim Hepher LONDON (Reuters) -A $2 billion legal battle between Airbus and Qatar Airways looks set to drag through most of 2023 after a UK court split the case, …
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U.S. FDA advisers to weigh on updating initial COVID vaccine doses
by Reutersby Reuters(Reuters) -The U.S. Food and Drug Administration (FDA) said on Friday it planned to hold a meeting of outside experts next month to discuss whether initial doses of COVID-19 vaccines …
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By Brendan Pierson (Reuters) – Bayer AG has finalized a $698 million settlement with the U.S. state of Oregon to resolve claims that it polluted the environment with chemicals called …
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LONDON (Reuters) – British retailers have been hurt by a sharp dip in shopper numbers this week, a crucial Christmas trading period, as snowy weather and a national rail strike …
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Factbox-UK retailers raising staff pay amid cost-of-living crunch
by Reutersby Reuters(Reuters) – Retailers in Britain are looking to increase pay and attract staff in a tight labour market, as workers are increasingly taking to strike action amid a cost-of-living crisis …
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By Martin Coulter LONDON (Reuters) – Apple’s rivals are positioning themselves as the go-to alternative to its dominant App Store as the iPhone maker prepares to allow others on its …
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Amazon aims to give ‘Warhammer 40,000’ new powers with Henry Cavill
by Reutersby ReutersBy Pushkala Aripaka and Yadarisa Shabong (Reuters) -Amazon.com is seeking to bring popular fantasy miniature game “Warhammer 40,000” to screens with former “Superman” actor Henry Cavill, after agreeing in principle …
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By Yoruk Bahceli AMSTERDAM (Reuters) – The Netherlands expects to borrow 101.5 billion euros ($107.8) on the debt markets next year, the most since 2012, and its funding needs are …
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Angelina Jolie leaves U.N. refugee agency after more than 20 years
by Reutersby ReutersGENEVA (Reuters) – Hollywood actress Angelina Jolie will quit her role as a special envoy for the U.N. refugee agency (UNHCR) but will remain a humanitarian activist, the United Nations …
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U.S. Treasury’s Morton steps down, sees growing recognition of climate change risks
by Reutersby ReutersBy Andrea Shalal WASHINGTON (Reuters) – John Morton, the U.S. Treasury’s first climate counselor, is stepping down, effective Friday, but says he is confident his work in coordinating climate change …
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(Reuters) – French auditing firm Mazars said on Friday it has paused all work for clients in the crypto business, reflecting a broader sentiment in the global high-finance industry as …
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Chinese leaders vow to prop up COVID-battered economy as virus spreads
by Reutersby ReutersBy Kevin Yao and Albee Zhang BEIJING (Reuters) – President Xi Jinping and his senior officials pledged to shore up China’s battered economy next year as the deaths of two …
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Cancer researchers question antitrust arguments against Illumina-Grail deal
by Reutersby ReutersBy Deena Beasley and Julie Steenhuysen LOS ANGELES/CHICAGO (Reuters) – U.S. and European antitrust enforcers want to unwind gene sequencing leader Illumina Inc’s purchase of cancer test company Grail, saying …
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By Oliver Ellrodt and Tobias Schlie BERLIN (Reuters) -A huge aquarium in Berlin burst early on Friday, spilling 1 million litres (264,172 gallons) of water, around 1,500 exotic fish and …
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Thousands protest in Brussels over cost-of-living crisis, hitting public transport
by Reutersby ReutersBRUSSELS (Reuters) – Thousands of demonstrators took to the streets of Brussels on Friday to protest against the rising cost-of-living, hitting public transport systems and disrupting this week’s European Union …
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(Reuters) – Germany’s Henkel said on Friday it has spun off its Russia business after the chemical and consumer goods company had announced its exit from the country earlier this …
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Volkswagen investors renew governance gripes despite special dividend
by Reutersby ReutersBy Victoria Waldersee and Jan Schwartz BERLIN (Reuters) – Volkswagen shareholders renewed their criticism of CEO Oliver Blume’s dual roles on Friday, even as they rubber stamped a roughly 9.6 …
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(Reuters) – Wall Street’s main stock indexes extended losses on Friday as fears of a looming recession, sparked by the Federal Reserve’s relentless battle against inflation, hammered sentiment. The Dow …
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North Korea tests high-thrust solid-fuel engine for apparent ICBM development
by Reutersby ReutersBy Soo-hyang Choi SEOUL (Reuters) – North Korea has tested a high-thrust solid-fuel engine that experts said would allow quicker and more mobile launch of ballistic missiles, as it seeks …
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WARSAW (Reuters) – Poland is buying a system to train naval crews in anti-submarine warfare from Sweden’s Saab, its defence minister said on Friday, as Warsaw ramps up defence spending …
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Volkswagen to refocus on raising productivity, warns of challenging 2023 – finance chief
by Reutersby ReutersBERLIN (Reuters) – Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3 years if raw material …
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U.S. business activity slumps in December; price pressures ease – S&P Global survey
by Reutersby ReutersWASHINGTON (Reuters) – U.S. business activity contracted further in December as new orders slumped to the lowest level in just over 2-1/2 years, but softening demand helped to significantly cool …