By David Shepardson CHICAGO (Reuters) – The U.S. Department of Transportation said on Thursday it was seeking public comment on whether airlines should be required to pay passengers cash compensation when flight disruptions are caused by carriers. The USDOT is giving the public 60 days to comment as it launches the rulemaking process but stopped …
US seeks comment on airline passenger cash compensation proposal Read More »
By Gabriel Stargardter and Elizabeth Pineau PARIS (Reuters) -As nationalist leader Marine Le Pen orchestrated the overthrow of France’s government on Wednesday, several thousand people lined up outside a Paris cafe for a chance to share a brief word or even a selfie with the rising star of France’s far right. Jordan Bardella, Le Pen’s …
As Le Pen gambles on felling French government, her far-right protege’s star rises Read More »
By Andrew Osborn LONDON (Reuters) – Yulia Navalnaya, the wife of late Russian opposition leader Alexei Navalny, asked his supporters on Thursday to design “a people’s gravestone” for him as a symbol of his political struggle against the Kremlin. Navalny, whose death in February aged 47 in a prison above the Arctic Circle deprived the …
BRUSSELS (Reuters) – The economic impact of political turmoil in France on the rest of the European economy seems contained and rather limited, but the European Commission is monitoring it, a spokesman for the EU executive arm told a regular briefing on Thursday. The risk premium investors demand to hold French debt rather than German …
Economic impact of French political turmoil seems limited and contained- EU Read More »
LONDON (Reuters) -More than half of British employers plan to raise their prices and cut jobs in response to the new government’s first budget, according to a survey published by the Bank of England on Thursday. Almost 60% of firms expected to lower their profit margins to cope with an increase in social security contributions …
Over half UK firms plan to raise prices, cut jobs after budget, BoE survey shows Read More »
MADRID (Reuters) -The outgoing head of Spain’s stock market regulator CNMV, Rodrigo Buenaventura, told reporters on Thursday that there were signs of possible market manipulation in the dispute between short seller Gotham City Research and pharma company Grifols. In early January, the U.S.-based Gotham, which had previously shorted Grifols shares, released a report accusing the …
Spain’s market regulator sees signs of manipulation in Grifols-Gotham dispute Read More »
By Anne Kauranen HELSINKI (Reuters) – A Russian man went on trial in Finland on Thursday on charges of committing war crimes while commanding a far-right paramilitary unit in eastern Ukraine a decade ago. The trial of Yan Petrovsky is a rare attempt by prosecutors outside Ukraine to seek justice for victims of alleged war …
Russian accused of war crimes in Ukraine goes on trial in Finland Read More »
By Indradip Ghosh BENGALURU (Reuters) – The European Central Bank will trim 25 basis points (bps) from its deposit rate on Dec. 12, according to all but two of 75 economists polled by Reuters, and at least 100 bps more next year as the economy slows and fears mount about U.S. tariffs. For now, the …
ECB to cut rates by 25 bps on Dec. 12; at least four more likely in 2025- Reuters poll Read More »
(Reuters) – Canada’s second-biggest lender TD Bank reported a fall in fourth-quarter profit on Thursday, hurt by weakness in its U.S. business due to the impact of anti-money laundering issues. The lender in October became the biggest bank in U.S. history to plead guilty to violating a federal law aimed at preventing money laundering and …
Canada’s TD Bank quarterly profit falls on US business weakness Read More »
COPENHAGEN (Reuters) – Denmark has again raised its outlook for economic growth, fuelled by the expansion of the country’s pharmaceutical industry and in particular by weightloss drug maker Novo Nordisk, the Danish economy ministry said on Thursday. GDP for 2024 is now expected to grow by 3.0%, up from 1.9% seen in August, while the …
Denmark raises 2025 GDP outlook, benefits from Novo Nordisk’s growth Read More »
