By James Davey and Rachel More LONDON/BERLIN (Reuters) – European retailers fear this Christmas could be the worst in at least a decade as shoppers cut spending while the costs of doing business show no sign of abating, squeezing profit margins. Despite enduring two Christmases under social restrictions linked to the COVID-19 pandemic, households are…
COPENHAGEN, Denmark (AP) — Norwegian police said two climate activists tried in vain Friday to glue themselves to Edvard Munch’s 1893 masterpiece “The Scream” at an Oslo museum and no harm was reported to the painting of a waif-like figure appearing to scream. Police said they were alerted by the National Museum of Norway and…
(Reuters) -Twitter Inc said on Friday it had reinstated the “official” badge given to some accounts, days after removing it, while several users reported the new $8 subscription option for the blue verification tick had disappeared. The move follows an upsurge in fake accounts on the platform after new boss Elon Musk allowed users to…
MADRID (AP) — The two parties making up Spain’s leftist coalition government on Friday presented a proposal to reform the centuries-old crime of sedition, which was one of the main charges against pro-independence Catalan activists and politicians convicted for their roles in a 2017 secession push. Under the proposal, sedition will be replaced with the…
LONDON (AP) — British climate activists who have blocked roads and splattered artworks with soup said Friday they are suspending a days-long protest that has clogged a major highway around London. The group Just Stop Oil, which wants the U.K. government to halt new oil and gas projects, has sparked headlines, debate and a government…
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on Friday, boosted by price hikes and lower input costs. Profit before tax and exceptional item rose to 2.26 billion Indian rupees ($27.97 million) in the three months ended Sept. 30, from 1.75 billion rupees in…
BERLIN (AP) — German lawmakers have approved a plan to keep the country’s three remaining nuclear power plants until mid-April, extending their life beyond the originally planned shut-off at the end of this year. The lower house of parliament voted 375-216 to approve the extension, with 70 abstentions. Friday’s vote came after Chancellor Olaf Scholz…
(Reuters) – Justin Sun, founder of the crypto token Tron, said he was prepared to provide FTX with billions in aid, according to a tweet by a Bloomberg News reporter on Friday. (Reporting by Manya Saini in Bengaluru; Editing by Arun Koyyur)
FRANKFURT, Germany (AP) — The European Union’s executive commission slashed its forecast for economic growth next year, saying the 19 countries that use the euro currency will slide into recession over the winter as peak inflation hangs on for longer than expected and high fuel and heating costs erode consumer purchasing power. The European Commission’s…
By David Lawder NEW DELHI (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she plans to meet with China’s central bank governor Yi Gang on the sidelines of the G20 Summit in Bali to discuss global economic conditions and China’s property market situation. Yellen spoke about the plans for her first…
