By Thomas Escritt BERLIN (Reuters) – Germany will spend at least 65 billion euros ($64.7 billion) on shielding customers and businesses from soaring inflation, Chancellor Olaf Scholz said on Sunday, two days after Russia announced it was suspending some gas deliveries indefinitely. The measures, agreed after 22 hours of talks between the three coalition parties,…
NEW DELHI (AP) — Thousands of Indians rallied on Sunday under key opposition Congress party leader Rahul Gandhi, who made a scathing attack on Prime Minister Narendra Modi’s government over soaring unemployment and rising food and fuel prices in the country. Gandhi accused Modi of pursuing policies benefitting big business groups at the expense of…
BERLIN (Reuters) – Germany’s constiutional debt brake will not be affected by a 65 billion euro ($64.68 billion) relief package to help citizens and companies cope with rising inflation, Finance Minister Christian Lindner said in Sunday. Lindner said planned relief measures were possible within existing budget plans for 2022 and 2023 as inflation had recently…
BERLIN (Reuters) – Germany will spend 65 billion euros ($64.7 billion) on its third package designed to shield consumers and businesses from the impact of soaring inflation, the government said in a document issued on Sunday. The measures, which includes proposals for an extension to discounted public transport and 1.7 billion euros in tax breaks…
CERNOBBIO, Italy (Reuters) – A buyout of Italian infrastructure group Atlantia by the Benetton family and U.S. fund Blackstone Inc could be completed by the end of the year, Atlantia’s chairman said on Sunday. The bidders proposed a 58 billion euro ($57.7 billion) offer in April to take the airport and motorway operator private but…
TOKYO (Reuters) -Japan’s Rakuten Mobile Inc said on Sunday that its service for users on Rakuten UN-LIMIT VII plans had been restored, after a system failure caused difficulties making calls and sending data for over two hours. The mobile carrier, a wholly owned subsidiary of Rakuten Group Inc, did not say how many users were…
TOKYO (Reuters) – Rakuten Mobile Inc said on Sunday that some users on Rakuten UN-LIMIT VII plans were experiencing difficulties making calls and sending data. The company, a wholly owned subsidiary of Rakuten Group Inc, said in a statement it was investigating the cause of the issue, which started around 10:58 a.m. on Sunday (0158…
PARIS (Reuters) – Vivendi’s pay TV company Canal+ called on the government to convince TF1 to allow it to broadcast its channel free of charge, two days after halting the airing of TF1 channels because the price the group asked was too high. In an interview with weekly Journal du Dimanche, Canal+ Chairman Maxime Saada…
(Reuters) -Japan’s Toyota Motor Corp’s truck and bus unit Hino Motors will halt production of some medium and heavy-duty trucks for at least another year after a widespread data falsification scandal, Nikkei Asia reported on Sunday. The medium-duty Ranger and the heavy-duty Profia truck will not be produced until August 2023, the report added https://asia.nikkei.com/Business/Automobiles/Toyota-unit-Hino-to-freeze-truck-production-for-some-models-for-a-year….
(Reuters) – Toyota Motor Corp truck and bus unit Hino Motors will halt production of some medium and heavy-duty trucks for at least another year after an engine emissions cheating scandal, Nikkei Asia reported on Sunday. (Reporting by Mrinmay Dey in Bengaluru)
