EU proposes new rules to discourage disposable fast fashion
BRUSSELS (AP) — The European Union warned consumers to stop using their clothes like disposable facial tissues and said Wednesday…
March 30, 2022
Exclusive-China’s CNOOC Plans North Sea Oil Exit In Strategic Shift
By Ron Bousso, Shadia Nasralla and Chen Aizhu LONDON (Reuters) – China’s biggest offshore producer CNOOC Ltd is preparing to…
Sanctioned Or Not, Russians Abroad Find Their Money Is ‘toxic’
By Kirstin Ridley, Brenna Hughes Neghaiwi and Danielle Kaye LONDON/ZURICH/NEW YORK (Reuters) – Yevgeny Chichvarkin, a telecoms tycoon who fled…
Portugal’s new govt sees EU aid as firing up economic growth
LISBON, Portugal (AP) — Members of Portugal’s center-left Socialist Party are set to be sworn into office Wednesday for the…
BoE’s Broadbent Sees Value In Guidance, As Long As It’s Clear
By Andy Bruce and William Schomberg LONDON (Reuters) -Bank of England Deputy Governor Ben Broadbent said on Wednesday that policymakers…
U.S. SEC Set To Unveil Tighter Rules On Blank-check Companies
By Chris Prentice WASHINGTON (Reuters) – The U.S. securities regulator on Wednesday will unveil a proposal to tighten its rules…
IKEA UK To Close Tottenham Store, 450 Jobs Impacted
LONDON (Reuters) – Home furnishings retailer IKEA said on Wednesday it planned to close its store in Tottenham, north London,…
German economic advisers slash 2022 growth forecast to 1.8%
BERLIN (AP) — The German government’s panel of independent economic advisers on Wednesday slashed its 2022 growth forecast for Europe’s…
Oil Rebounds On Tight Supply, Prospects Of New Russia Sanctions
By Noah Browning LONDON (Reuters) -Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply…
India Conducts Antitrust Raids On Tyre Companies Apollo, Ceat, Continental – Sources
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) -India’s antitrust agency on Wednesday raided offices of tyre companies including…