By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – OPEC and its allies have postponed technical meetings to later this week, giving themselves more time to assess the impact of the new Omicron coronavirus variant on oil demand and...
READ MORE
German retail suffers at start of crucial Christmas season
BERLIN (Reuters) – A surge in coronavirus cases in Germany has led to a disappointing start to the Christmas season for retailers in Europe’s biggest economy, the sector body said on Sunday. A survey by the HDE retail...
READ MORE
India’s law enforcement agency summons Amazon, Future Group officials over 2019 deal
NEW DELHI (Reuters) – India’s economic crime-fighting agency summoned officials of Amazon.com Inc <AMZN.O > and its warring partner Future Group in a case related to alleged violation of foreign investment rules,...
READ MORE
Telecom Italia loses CEO in boardroom clash amid KKR approach
By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) lost its fourth chief executive in six years on Friday after Luigi Gubitosi threw in the towel, following a clash with top investor Vivendi, a week after a $12 billion...
READ MORE
Amazon’s Black Friday greeted by climate activists, strikes in Europe
By Henry Nicholls and James Davey TILBURY, England (Reuters) -Climate activists targeted 15 Amazon depots across Europe on “Black Friday” and the world’s biggest e-commerce company also faced protests by workers and...
READ MORE
Up, up, up: Canada house prices poised to surge again despite central bank warning
By Julie Gordon OTTAWA (Reuters) -Canadian housing prices are set to surge again in the coming months as investors and first-time buyers scramble to buy before interest rates go up, ignoring a warning...
READ MORE