BERLIN (Reuters) – The German government will establish a committee of experts and task them with coming up with policy proposals to combat the soaring cost of heating and gas, Chancellor Olaf Scholz said on Thursday. The committee is to deliver ideas …
Italy’s Prysmian takes steps to counter energy supply threat
MILAN (Reuters) -Italy’s Prysmian has taken a number of steps to boost its energy efficiency amid fears of a cut-off of gas supplies from Russia, including a switch to LED lighting and using more renewable sources, a company spokesman told Reuters on T…
Anti-immigration election gains divide Sweden, worry rights groups
By Johan Ahlander STOCKHOLM (Reuters) – The populist, anti-immigration Sweden Democrats’ rise to real power after Sunday’s election has civil rights groups and many immigrants worried about what the future might hold in a country long known for toleran…
Explainer-Why would Europe need an EU-based LNG pricing benchmark?
By Marwa Rashad and Isla Binnie LONDON/MADRID (Reuters) – The European Union plans to create a benchmark for liquefied natural gas (LNG) to establish fair, market-based prices for gas imports that could eventually ease price differences among the bloc’…
U.S. sues to block $4.3 billion lock deal between Assa Abloy and U.S. rival
WASHINGTON (Reuters) -The U.S. Justice Department has sued to block a $4.3-billion proposed deal by Assa Abloy AB to buy a division of Spectrum Brands Holdings Inc that makes residential door hardware, the department said in a statement on Thursday whi…
King Charles to host world leaders ahead of Queen’s funeral
By Andrew MacAskill and William James LONDON (Reuters) -Presidents, prime ministers and monarchs from around the world will travel to London over the weekend to pay their respects to Queen Elizabeth and attend a reception at Buckingham Palace to be hos…
Prince William says walking behind queen’s coffin brought back memories
LONDON (Reuters) – Prince William has told well-wishers that walking behind his grandmother’s coffin had been challenging and had brought back memories, alluding to the day 25 years earlier when, as a boy, he followed his mother’s casket on the way to …
Ukraine making good progress towards EU membership, von der Leyen says
KYIV (Reuters) – European Commission President Ursula von der Leyen on Thursday said she was impressed with the speed at which Ukraine is proceeding in its bid to become a member of the European Union. “The accession process is well on track. It’s impr…
Tennis-Federer to call time on glittering career after next week’s Laver Cup
By Martyn Herman (Reuters) – Roger Federer, regarded by many as the greatest male player to wield a tennis racket and who took the sport to new heights during a career spanning more than two decades, will retire after next week’s Laver Cup in London. T…
Italy’s advertising spending down 10.7% y/y in July – Nielsen
ROME (Reuters) – Advertising spending fell by 10.7% year-on-year in Italy in July, research agency Nielsen said on Thursday. The sharp fall was largely a reflection of a spike in advertising spending in July 2021 due to the Euro 2020 football tournamen…