By Ron Bousso and Kylie MacLellan LONDON (Reuters) -Britain’s regulator on Wednesday approved Shell’s revised plan to develop a North Sea natural gas field as the government seeks to boost domestic energy output following Russia’s invasion of Ukraine. …
Health agency confirms community spread of monkeypox in England
By Natalie Grover LONDON (Reuters) -Monkeypox appears to be spreading from person to person in England, the UK Health Security Agency (UKHSA) said on Wednesday. The usually mild viral disease, which is endemic in west and central Africa, is understood …
ECB’s Lane says first normalisation steps will validate market tightening
PARIS (Reuters) – The European Central Bank’s steps towards normalising monetary policy will bring it in line with market conditions, ECB chief economist Philip Lane said on Wednesday. “It’s robust to make the initial steps in normalisation to validate…
No ‘red line’ against central bank digital currency, BoE’s Hauser says
By David Milliken LONDON (Reuters) -A central bank digital currency (CBDC) would not pose too big a challenge for the Bank of England’s operations, Andrew Hauser, the BoE’s executive director for markets, said on Wednesday. The BoE is due to consult th…
TIM investor Vivendi says sale must fairly value network
ROME (Reuters) -Telecom Italia’s (TIM) top investor Vivendi would only back a sale of the Italian phone group’s fixed network if it adequately valued TIM’s main infrastructure asset, the CEO of the French group was quoted as saying. The comments comes …
Volkswagen to strengthen engagement in China, promises no forced labour at plants – RTL
BERLIN (Reuters) – Volkswagen will strengthen its relationship to China and can guarantee that the company does not employ any forced labour in the country, the carmaker’s chief executive Herbert Diess said to German broadcaster RTL on Wednesday. “Chin…
ECB warns Croatia over long-term inflation convergence
FRANKFURT (Reuters) – The European Central Bank gave Croatia’s plan to join the euro zone next year a positive assessment on Wednesday but said the country may struggle over the longer term to keep its inflation rate in line with its peers. “Over the l…
Factbox-Six EU countries not ready to adopt euro currency -Commission
BRUSSELS (Reuters) – Six of the seven EU countries outside the euro zone are still not ready to join, the European Commission said in a report on Wednesday, with only Croatia meeting all the criteria to start using the EU currency from 2023. Below are …
More seek gun training in Taiwan as Ukraine war drives home China threat
(Corrects typo in Lin Ping-yu’s last name in para 21) By Ann Wang and Fabian Hamacher TAIPEI (Reuters) -From tour guides to tattoo artists, some in Taiwan are taking shooting lessons for the first time in their lives as Russia’s invasion of Ukraine rat…
Macron backs interior minister as criticism mounts over Champions League disorder
By Sudip Kar-Gupta and Caroline Pailliez PARIS (Reuters) -French President Emmanuel Macron backed his interior minister Gerald Darmanin as pressure mounted against the government over how France handled last weekend’s Champions League soccer final in P…