By Hakan Ersen and Matthias Inverardi FRANKFURT/DUESSELDORF (Reuters) -Major grocery chain Rewe has scrapped its advertising campaign with the German Football Association (DFB) after soccer’s global governing body cracked down on players wearing ‘OneLo…
Nursing home group Orpea to pay back entire 56 million euro public grants
By Diana Mandia (Reuters) -France’s Orpea, hit by allegations of malpractice at its French retirement homes, on Tuesday said it would pay back the entire 55.8 million euros ($57.2 million) claimed by the national fund that finances living assistance fo…
Harsh winter looms as Russian attacks hobble Ukraine’s power capacity
By Pavel Polityuk KYIV (Reuters) -Ukraine’s government on Tuesday urged people to conserve energy amid relentless Russian strikes that have halved the country’s power capacity, as the United Nations health body warned of a humanitarian disaster in Ukra…
German tax take rebounds in October -ministry report
BERLIN (Reuters) – Germany’s tax revenue jumped 6.1% to 57 billion euros ($58.35 billion) in October after two consecutive monthly falls, according to the monthly finance ministry report published on Tuesday. The rebound reflected the stronger-than-exp…
Spain to approve mortgage support for more than 1 million households
MADRID (Reuters) -The Spanish government will approve mortgage relief measures, such as extending loan repayments for up to seven years, for more than one million vulnerable households and middle-class clients on Tuesday, the economy ministry said on M…
EU warns of escalating Serbia, Kosovo car plates dispute
By John Chalmers and Aleksandar Vasovic BRUSSELS/BELGRADE (Reuters) – The European Union on Monday warned of “escalation and violence” after emergency talks between Kosovo and Serbia failed to resolve their long-running dispute over car licence plates …
Analysis-Global financial system needs mosaic of reforms to fund climate needs
By Simon Jessop and Valerie Volcovici SHARM EL-SHEIKH, Egypt (Reuters) – A deal struck at the COP27 climate talks in Egypt calls for an overhaul of the post-World War Two international financial architecture that has guided three generations of develop…
Two Estonian citizens arrested in $575 million cryptocurrency fraud, money laundering scheme
By Kanishka Singh WASHINGTON (Reuters) -Two Estonian citizens were arrested in Tallinn, Estonia, on an 18-count indictment for their alleged involvement in a $575 million cryptocurrency fraud and money laundering conspiracy, the U.S. Justice Department…
Largest U.S. rail labor union votes against contract, raising strike risk
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) -Workers at the largest U.S. rail union voted against a tentative contract deal reached in September, raising the possibility of a year-end strike that could cause significant dama…
Italy’s Cucinelli and EssilorLuxottica sign eyewear license accord
MILAN (Reuters) – Brunello Cucinelli signed an exclusive license deal with French-Italian glasses maker EssilorLuxottica for the design, manufacture and distribution of eyewear under the Italian luxury group’s brand, the two companies said in a stateme…