((This March 21 story has been corrected to fix rent cost and clarify view of interviewee in paragraphs 28 and 29)Â ) By Catarina Demony, Patricia Vicente Rua and Sergio Goncalves LISBON (Reuters) – When Maria Lopes moved to Lisbon from the northern Portuguese city of Tondela, her goals were straightforward: study, find a job, get …
Young Portuguese defer dreams as housing crisis bites Read More »
By Christinne Muschi, Anna Mehler Paperny and Carlos Osorio CHAMPLAIN, New York/TORONTO (Reuters) -Asylum seekers warned by police they could be sent back continued to walk into Canada through the unofficial United States border crossing into Quebec at Roxham Road a day after the two countries amended a 20-year-old asylum pact trying to stem the …
Roxham Road, asylum-seeker destination, busy after Biden-Trudeau pact Read More »
By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) -A top union boss in Germany justified a massive strike planned for Monday as a “matter of survival” for many thousands of people fighting for higher wages as inflation soars, according to an interview published in the Bild am Sonntag newspaper. The strike, Germany’s largest in decades, …
German workers’ strike over pay is matter of survival, union boss tells Bild Read More »
By Hadeel Al Sayegh DUBAI (Reuters) -Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), the two parties said on Sunday, as the emerging markets-focused lender presses ahead with plans to exit seven markets in Africa and the Middle East. The bank entered into an agreement with AJIB, subject to …
Standard Chartered agrees to sell business in Jordan Read More »
OSLO (Reuters) – Norway’s $1.3 trillion sovereign wealth fund, one of the world’s largest investors, will vote in favour of the UniCredit remuneration package, it said on Sunday. The Italian bank is due to hold its annual meeting of shareholders on March 31. UniCredit shareholders are asked to approve a new pay structure for CEO …
Norway wealth fund to vote in favour of UniCredit remuneration plan Read More »
(Reuters) -Swedish lithium-ion battery producer Northvolt is in talks to secure more than $5 billion of financing to pursue its goal of becoming Europe’s biggest battery manufacturer, the Financial Times reported on Sunday. The company is negotiating with a number of banks to raise the amount and an agreement could be reached later this year, …
Battery maker Northvolt in talks for over $5 billion in financing -FT Read More »
By David Ljunggren (Reuters) -Russia will station tactical nuclear weapons in Belarus, President Vladimir Putin said on Saturday, sending a warning to NATO over its military support for Ukraine and escalating a standoff with the West. Although not unexpected and while Putin said the move would not violate nuclear non-proliferation promises, it is one of …
Putin says Moscow to place nuclear weapons in Belarus, US reacts cautiously Read More »
By Paul and Mathiasen SANTO DOMINGO (Reuters) – Spanish Prime Minister Pedro Sanchez said on Saturday he would push for fair peace in the war in Ukraine that included “territorial integrity” during a state visit to China next week. Sanchez, speaking to journalists at the Ibero-American Summit meeting in the Dominican Republic, said he would …
Spain’s PM Sanchez to push for ‘territorial integrity’ for Ukraine in China visit Read More »
(Reuters) -U.S. authorities are considering the expansion of an emergency lending facility that would offer banks more support, in an effort that could give First Republic Bank more time to shore up its balance sheet, Bloomberg News reported on Saturday. All deliberations are at an early stage and an expansion of the Federal Reserve’s emergency …
US mulls more support for banks while giving First Republic time – Bloomberg News Read More »
(Reuters) -Valley National Bancorp is vying to buy Silicon Valley Bank, Bloomberg News reported on Saturday. The regional bank has submitted a bid to the Federal Deposit Insurance Corp (FDIC), the report said, citing people familiar with the matter. The FDIC which now controls the Silicon Valley Bank assets, when asked for a comment on …
Valley National bidding for Silicon Valley Bank- Bloomberg News Read More »
