(Reuters) -Elon Musk said on Friday he planned to “significantly” increase childcare benefits at his companies, including Tesla Inc, and that the details would be likely announced next month. “Kids are worth it if at all possible. I’m planning to increase childcare benefits at my companies significantly,” Musk said in a tweet. (https://bit.ly/3AFavSj) The billionaire…
(Reuters) – Elon Musk said on Friday that he planned to “significantly” increase childcare benefits at his companies, including Tesla Inc, the details of which will be likely announced next month. (Reporting by Akash Sriram in Bengaluru; Editing by Anil D’Silva)
ZURICH (Reuters) – Three organisations have filed a criminal complaint to federal prosecutors in Switzerland, alleging possible money laundering and a failure to exercise due diligence at UBS in relation to funds they say were received by an alleged associate of former Congolese president Joseph Kabila. “The criminal complaint transmitted to the (Office of the…
ATHENS, Greece (AP) — The leaders of Greece and Bulgaria on Friday inaugurated a new pipeline that will supply natural gas from Azerbaijan to Bulgaria, whose vital supply of Russian gas was cut off in April amid the fallout over Russia’s invasion of Ukraine. Greek Prime Minister Kyriakos Mitsotakis stressed the importance of the new…
By Julie Gordon OTTAWA (Reuters) -Canada’s unemployment rate unexpectedly fell to a new record low in June, even as the economy posted a surprise decline in jobs, while wages accelerated sharply, official data showed on Friday, reinforcing calls for a supersized interest rate hike. The Canadian economy lost 43,200 jobs in June, mostly among older…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth increased more than expected in June and the unemployment rate remained near pre-pandemic lows, signs of persistent labor market strength that give the Federal Reserve ammunition to deliver another 75-basis-point interest rate increase later this month. Nonfarm payrolls increased by 372,000 jobs last month, the Labor…
LONDON (AP) — Police in England said Friday they won’t fine the two top leaders of the U.K.’s opposition Labour Party over a curry-and-beer meal with colleagues last year while Britain was under coronavirus restrictions. The local police force in the city of Durham said that following an investigation, it “will not be issuing any…
BERLIN (AP) — German Chancellor Olaf Scholz pledged Friday to help troubled energy giant Uniper after it asked the government for a bailout to cope with surging prices for natural gas due to the war in Ukraine. In a statement, Uniper said the “stabilization measures” it is seeking were “aimed at ceasing the current accumulation…
WASHINGTON (AP) — A strong hiring report for June has assuaged fears that the U.S. economy might be on the cusp of a recession — and highlighted the resilience of the nation’s job market. Yet the figures the government released Friday also spotlighted the sharp divide between the healthy labor market and the rest of…
LONDON (Reuters) – Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up wholesale payments, a think tank backed by the City of London Corporation said on Friday. Most central banks, including the Federal Reserve, the Bank of England and the European Central Bank, are studying the potential launch of…
