By Huw Jones LONDON (Reuters) -Regulating consultants who advise pension funds would ensure greater focus on managing risks that can emerge from the sector, such as the recent difficulties with liability-driven investment (LDI) funds, the Financial Con…
Euro zone grapples with coordinating energy support plans as recession looms
By Jan Strupczewski BRUSSELS (Reuters) -Measures to support the euro-zone economies against soaring energy prices could complicate 2023 budget plans if they need to be extended into the spring, the region’s finance ministers said on Monday, noting the …
Greece to ban sale of spyware amid wiretapping scandal
ATHENS (Reuters) -Greece will soon ban the sale of spyware, the conservative government said on Monday, after a newspaper report that more than 30 people, including ministers and business people, had been under state surveillance via phone malware. A l…
EDF finds radioactive leak at France’s Civaux 1 reactor, says no safety risk
By Benjamin Mallet PARIS (Reuters) -French utility EDF discovered a radioactive leak last Wednesday in the primary cooling circuit of its Civaux nuclear plant in southwestern France, the company said, adding there was no safety risk and no radioactivit…
Factbox-Advertisers react to Twitter’s new ownership
(Reuters) – Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”. Below are reactions from some of the companies: Ford Motor Co A spokesperson for Ford told CNBC that the automaker is …
Charity group challenges Italy over migrant stand-off
By Angelo Amante ROME (Reuters) -A German charity operating a migrant rescue ship said on Monday it would go to court to try to overturn efforts by Italy’s new right-wing government to prevent some of the people it had saved from the sea coming to land…
Greek PM: Exxon Mobil to start seismic surveys for gas reserves off Crete
ATHENS (Reuters) – Exxon Mobil will start conducting seismic surveys in two blocks southwest of the Peloponnese peninsula and the island of Crete, in the coming days, Prime Minister Kyriakos Mitsotakis said on Monday. “Our country, regardless of its fo…
Twitter owner Musk throws weight behind Republicans in U.S. midterms
By Susan Heavey and Rami Ayyub (Reuters) – Twitter’s new owner, Elon Musk, threw his weight behind Republicans ahead of Tuesday’s U.S. midterm elections, saying they could use control of Congress to act as a balance against President Joe Biden’s Democr…
Kosovo accuses Serbia of sabotage by backing Serbs who quit jobs
PRISTINA (Reuters) -Kosovo Prime Minister Albin Kurti accused Belgrade of trying to destabilise Kosovo by supporting Serbs who work as police officers and in the public sector quitting over Pristina’s order to use Kosovo vehicle licence plates not thos…
UniCredit shares hit by ECB tensions over capital, Russia
By Valentina Za and Giancarlo Navach MILAN (Reuters) -Shares in UniCredit fell on Monday hit by a report of tensions between European Central Bank supervisors and the Italian bank over its capital distribution plans and presence in Russia. Analysts sai…