By Julie Ingwersen CHICAGO (Reuters) -U.S. wheat futures jumped 6%, hitting a two-week high, and corn rose more than 1% on Monday as Russia’s withdrawal from a Black Sea export agreement raised concerns over global supplies. Soybeans followed the trend…
The party’s over for illegal raves, Italy’s new government says
ROME (Reuters) – Italy’s new right-wing government signalled on Monday it would crack down on unlicensed rave parties, with organisers risking jail terms of up to six years for staging such events. The move followed a weekend Halloween party in a disus…
EA to develop three Marvel games, beginning with Iron Man
(Reuters) – Electronic Arts Inc will launch an Iron Man game and at least two other action-adventure titles revolving around characters from the Marvel universe, under a deal announced by the videogame publisher on Monday. The Iron Man game will featur…
Oil falls on U.S. output gains, Chinese demand doubts
By Arathy Somasekhar HOUSTON (Reuters) -Global oil benchmark Brent crude fell more than $1 on Monday on expectations that U.S. production could rise even as weaker economic data out of China and the country’s widening COVID-19 curbs weighed on demand. …
Gap says Russia deliveries stopped in March. But its clothing kept coming
By Siddharth Cavale, Steve Stecklow and David Gauthier-Villars NEW YORK/LONDON/ISTANBUL (Reuters) -In March, clothing retailer Gap Inc joined numerous Western companies in announcing that it was halting deliveries to Russia to protest its invasion of U…
U.N. says no ships in grain corridor when Russia says it was attacked
By Michelle Nichols UNITED NATIONS (Reuters) -The United Nations on Monday said no ships involved in a U.N.-brokered Ukraine grain export deal were transiting a Black Sea maritime humanitarian corridor on the night of Oct. 29, when Russia says its vess…
French govt to consult over motorbike road tests after court order
PARIS (Reuters) -France government said on Monday it would hold consultations on introducing roadworthiness tests for motorbikes, after the country’s highest administrative court ordered it to phase in such inspections in line with European Union regul…
Italy aims to issue new economic and public finance targets on Nov. 4 – PM
ROME (Reuters) – Italy’s government will issue new economic and public finance targets at it next cabinet meeting which will probably be on Nov. 4, Prime Minister Giorgia Meloni told reporters on Monday. (Reporting by Alvise Armellini, editing by Gavin…
Euro zone October inflation surges amid growth slowdown
By Jan Strupczewski and Balazs Koranyi BRUSSELS (Reuters) -Euro zone inflation surged more than expected in October, data showed on Monday, fuelling expectations that the European Central Bank will press on with big interest rate hikes despite economic…
Royal Mail’s largest labour union rejects co’s new conditional pay offer
(Reuters) -UK’s Royal Mail on Monday offered a new conditional pay hike to its grade employees belonging to the Communication Workers Union (CWU) before the union rejected the proposal, citing “unacceptable changes”. The offer includes a 7% salary incr…