TUNIS (Reuters) -Tunisian judges will extend their strike into a second week if President Kais Saied does not cancel a decree firing dozens of them, the judges’ association said on Thursday. Saied dismissed 57 judges last week, accusing them of corrupt…
Greek power utility in deal to buy Volterra’s renewables portfolio
ATHENS (Reuters) – Greek electricity utility Public Power Corp. (PPC) said on Thursday it had agreed to buy the renewable energy portfolio of Volterra, a fully-owned unit of construction group Avax. PPC said the value of the deal corresponds to an ente…
Two Britons, one Moroccan sentenced to death by court of Russian proxy in Ukraine
LONDON (Reuters) -Two Britons and a Moroccan who were captured while fighting for Ukraine were sentenced to death on Thursday by a court in the self-proclaimed Donetsk People’s Republic (DPR), one of Russia’s proxies in eastern Ukraine, Russian news ag…
Death toll in Nigeria church massacre rises to 40 – governor
ABUJA (Reuters) – Forty people were killed in a massacre at a Catholic church in Nigeria’s Ondo State on Sunday and 61 survivors are still being treated in hospital, the state governor said on Thursday. Earlier this week, an official from the National …
Euro zone bond yields soar as ECB plots July rate hike
LONDON (Reuters) -Bond yields across southern Europe soared on Thursday after the European Central Bank signalled a string of interest rate hikes starting in July to tame stubbornly high inflation. European stocks fell on confirmation that the ECB woul…
Social media firms must take responsibility -Germany’s Scholz at re:publica
BERLIN (Reuters) – German Chancellor Olaf Scholz underscored the importance of social media companies taking responsibility for content in an interview on Thursday and defended the Digital Services Act. “There need to be platforms and companies that re…
Central banks double down in fight against ‘galloping’ inflation
LONDON (Reuters) – Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get on top of surging inflation. The Reserve Bank of Australia on Tuesday became the latest to deliver a hawkish surpris…
Norwegian Air agrees wage deal with Norwegian pilots’ union
OSLO (Reuters) – Budget carrier Norwegian Air has agreed a wage deal with the Norwegian union representing pilots for 2022 and 2023, the company said on Thursday. Norwegian Air did not give the specifics of the deal, but said it would help run operatio…
UniCredit executive says chances to cut Russia exposure ‘limited’
By Valentina Za MILAN (Reuters) -UniCredit has “limited” opportunities to reduce its exposure to Russia, the Italian bank’s finance chief said on Wednesday, ruling out providing further support for the Russian subsidiary while emphasising it was not a …
Macron: imperative to avoid any “French disorder” with strong parliament majority
PARIS (Reuters) – French President Emmanuel Macron said it was imperative that this month’s parliamentary election resulted in a “strong and clear” majority for his political bloc to be able to implement pro-business reforms and avoid a “French disorde…