LONDON (Reuters) -Tesco, Britain’s biggest retailer, will raise hourly pay for about 220,000 store workers by 7% from April, another…
Developing countries’ debt troubles in focus at G20 talks, says Germany’s Lindner
BERLIN (Reuters) – The outlook for the global economy and the situation of highly indebted countries will be the main…
Maersk nears complete Russia exit after selling logistics sites
COPENHAGEN (Reuters) -Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG…
Indonesia plans to narrow 2024 fiscal deficit, sees higher GDP growth
JAKARTA (Reuters) – Indonesia expects to bring its budget to a narrower fiscal deficit next year, even as its economic…
EU calls for fast-track crypto capital rules for banks
By Huw Jones LONDON (Reuters) – Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union’s…
Ericsson to cut 1,400 jobs in Sweden
STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan…
Italy working on measures to boost Milan bourse’s allure
By Giuseppe Fonte ROME (Reuters) – Italy is readying measures to address the issues holding back the country’s capital markets…
VW’s China JV with SAIC names Jia Jianxu as its new head
SHANGHAI (Reuters) – Volkswagen’s joint venture with China’s SAIC Motor said on Monday it had appointed Jia Jianxu, a veteran…
Take Five: A year of war in Ukraine
LONDON (Reuters) – The coming week will mark a year since Russia invaded Ukraine. The war goes on, but the…
OPEC+ decisions not politicised, Saudi energy minister says
RIYADH (Reuters) – Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince…