By Angus Berwick and Anirban Sen (Reuters) – FTX is scrambling to raise about $9.4 billion from investors and rivals, a source said on Thursday, as Chief Executive Sam Bankman-Fried urgently seeks to save the cryptocurrency exchange that has been buffe…
EU proposes tighter vehicle pollution emission standards
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Thursday broadly tighter limits for vehicle emissions of harmful nitrogen oxides and particulates, including new standards for pollution from brakes and tyres. The European U…
Russia says it will pursue gas cooperation with Turkey, grain exports at G20
(Reuters) -Russia will announce a number of initiatives related to gas cooperation with Turkey and grain exports at a gathering of leaders from the Group of 20 (G20) nations in Indonesia next week, the foreign ministry said on Thursday. “A number of sp…
Tens of thousands of UK government workers vote to strike – union
LONDON (Reuters) – Tens of thousands of British government workers have voted in favour of taking strike action over pay, pensions and redundancy terms, the Public and Commercial Services (PCS) union said on Thursday. The union, which represents worker…
BP unions in Rotterdam vow strike if wage demands not met
AMSTERDAM (Reuters) – Workers at the BP PLC oil refinery in Rotterdam are threatening to strike if their pay demands in a new collective bargaining agreement are not met by noon on Nov. 14, fuelling concerns about a potential diesel shortage next month…
BP unions in Rotterdam vow strike if wage demands not met
AMSTERDAM (Reuters) – Workers at the BP PLC oil refinery in Rotterdam are threatening to strike if their pay demands in a new collective bargaining agreement are not met by noon on Nov. 14, fuelling concerns about a potential diesel shortage next month…
EU proposes cyber defence plan as concerns about Russia mount
By John Chalmers BRUSSELS (Reuters) -The European Commission proposed on Thursday two action plans to address the deteriorating security situation following Russia’s invasion of Ukraine to bolster cyber defence and to allow armed forces to move faster …
Ukrainian forces advance in south, retake 12 settlements – army chief
KYIV (Reuters) -Ukrainian forces have advanced seven km (4.3 miles) in two directions in the south and recaptured 12 new settlements in the last 24 hours, Ukrainian army chief Valeriy Zaluzhnyi said on Thursday. Russia said on Wednesday that its forces…
EU executive to outline gas price corridor as ‘correction mechanism’ on Friday -sources
BRUSSELS (Reuters) – The European Commission will propose a gas “correction mechanism” to the 27 EU states on Friday, a corridor designed to curb price spikes but not a firm cap sought by many member countries, sources said. The European Union has been…
IKEA offers cash, larger discounts to help staff weather soaring living costs
STOCKHOLM (Reuters) – IKEA retailer Ingka Group is launching a 10 million euro ($10 million) social fund and bigger staff discounts to support employees struggling to cope with higher living costs. Ingka, the owner of most IKEA furniture stores, said t…