By Robin Emmott and Max Hunder BRUSSELS/KYIV, Ukraine (Reuters) -The European Union gave its blessing on Friday for Ukraine and its neighbour Moldova to become candidates to join the bloc, reaching out deep into the former Soviet Union for what would b…
Tesla investor sues Musk, board over accusation of workplace discrimination
(Reuters) – A Tesla Inc shareholder sued the electric car maker, Chief Executive Elon Musk and its board, accusing them of neglecting to tackle complaints about workplace discrimination and harassment, and engendering a “toxic workplace culture.” Thurs…
UK’s Boris Johnson offers Ukraine soldiers’ training programme
LONDON (Reuters) – British Prime Minister Boris Johnson offered to launch a major training operation for Ukrainian forces, with the potential to train up to 10,000 soldiers every 120 days at a meeting with President Volodymyr Zelenskiy on Friday, his o…
Swedish central bank picks FSA’s Thedeen as new head as Ingves era ends
By Simon Johnson and Stine Jacobsen STOCKHOLM (Reuters) -Sweden’s central bank said on Friday it had appointed the head of the national financial regulator Erik Thedeen as its new chief, ending speculation as to who would replace long-serving Governor …
Ali Group gains conditional EU nod for $3.4 billion Welbilt acquisition
BRUSSELS (Reuters) – Italian food-service equipment maker Ali group secured conditional EU antitrust approval on Friday for its $3.4 billion for Welbilt after agreeing to sell its U.S. rival’s global ice-making machine business. The European Commission…
Elon Musk’s SpaceX fires at least five over critical letter
By Joey Roulette and Eric M. Johnson (Reuters) -Private rocket company SpaceX fired at least five employees after it found they had drafted and circulated a letter criticizing founder Elon Musk and urging executives to make the firm’s culture more incl…
LME introduces requirement for members to report OTC positions
LONDON (Reuters) – The London Metal Exchange said on Friday it had introduced a requirement for members to report all over the counter trades for metals including aluminium, copper, nickel and zinc to enhance the visibility of the market. “This … wil…
Italy may declare state of alert on gas next week – sources
ROME (Reuters) – Italy may declare the state of alert on gas next week if Russia continues to curb its gas supplies to Rome, two government sources said on Friday. Italy’s existing gas emergency protocol envisages three stages going from a state of pre…
Chances of recession in Britain in next two years have increased, says JPM
(Reuters) – Chances of Britain heading into a recession over the next year or two have increased amid soaring inflation due to the country’s vulnerability to external shocks, J.P.Morgan economists said on Friday, a day after the Bank of England raised …
Bank of England isn’t committed to being ‘forceful’, Pill says
By David Milliken LONDON (Reuters) -The Bank of England’s new message that it may have to act “forcefully” on interest rates is not unconditional and depends on the persistence of inflation pressures, the central bank’s chief economist said on Friday. …