WARSAW (Reuters) – Poland is seeking German support to slap EU sanctions on the Polish-German section of the Druzhba crude pipeline so Warsaw can abandon a deal to buy Russian oil next year without paying penalties, two sources familiar with the talks …
Euro zone bailout fund gets new head from Luxembourg
BERLIN/BRUSSELS (Reuters) -Luxembourg’s former finance minister Pierre Gramegna will take over the euro zone’s bailout fund, the European Stability Mechanism (ESM), from December, succeeding Germany’s Klaus Regling who retired last month. “The ESM Boar…
Black Friday faces green backlash in Belgium
By Jakob Van Calster GHENT, Belgium (Reuters) – Black Friday deals have prompted a backlash in Belgium where some businesses rejected promotions and chose to close for the day or even offered to repair used clothes for free. At the Xandres clothing sto…
Greece sets lowers tolls in renewed Athens ring road concession
ATHENS (Reuters) – Greece will lower tolls for the use of a major ring road in Athens in a renewed concession agreement after 2024, as part of efforts to alleviate the pressure on drivers facing rising living costs, its infrastructure minister said on …
French PM: We are on right track on FCAS fighter jet programme
BERLIN (Reuters) – Companies involved in jointly developing a next-generation European fighter jet named FCAS have reached an agreement on how to move forward, the French prime minister confirmed on Friday at a joint news conference with German Chancel…
Aveva’s shareholders accept Schneider’s $12 billion software takeover
LONDON (Reuters) – France’s Schneider Electric won control of Aveva, one of Britain’s biggest tech companies, on Friday after minority shareholders approved an offer valuing the industrial software firm at 9.9 billion pounds ($11.9 billion). France’s S…
Ireland’s Donohoe unopposed in bid for second term as Eurogroup Chief
DUBLIN (Reuters) – Irish Finance Minister Paschal Donohoe is on course to be elected president of the Eurogroup in December for the second time after the group of euro zone finance ministers on Thursday said no one else had applied for the job. “Only o…
Just Eat Takeaway plans 180 job cuts, most in Britain – FD newspaper
AMSTERDAM (Reuters) – Online meal ordering and delivery company Just Eat Takeaway NV plans to cut 180 customer service jobs, mostly in Britain, Dutch newspaper Het Financieele Dagblad reported on Thursday. Amsterdam-based Takeaway could not immediately…
China aims to weaken Iran resolution before UN rights body
GENEVA (Reuters) – China brought a last-minute amendment to a motion on Iran before the U.N. Human Rights Council on Thursday that would strip out the main paragraph referring to a new investigative probe into Iran’s suppression of mass protests. China…
UK restricts Chinese cameras in government buildings over security fears
LONDON (Reuters) -The British government on Thursday told its departments to stop installing Chinese-linked surveillance cameras at sensitive buildings, citing security risks. The decision comes after a review of “current and future possible security r…