Ci Consulta

Norway’s core inflation hits record high

OSLO, June 9 (Reuters) – Norway’s core inflation rate jumped to a record high in May, Statistics Norway data showed on Friday, increasing the probability that interest rates will continue to rise while boosting the value of the Norwegian crown against the euro. The biggest drivers of the May increase were food prices, air travel […]

Two-speed economy in Sweden, central bank business survey shows

STOCKHOLM, June 9 (Reuters) – Sweden’s economy is split between export and manufacturing businesses which are doing well and retail-facing firms which are having a hard time, a regular survey by the central bank showed on Friday. “The business sector is clearly divided, both in terms of its view of economic activity and the need […]

Harley-Davidson suspends production at Pennsylvania plant due to parts shortage

By Aishwarya Nair and Bianca Flowers (Reuters) – Motorcycle maker Harley-Davidson HOG.N has temporarily halted production at its York, Pennsylvania, assembly plant for the second time in just over 12 months due to a parts shortage, the company said. Production at the facility, its largest with nearly 1,000 union employees, will resume on June 13, […]

FIFPRO warns players against signing for Egyptian clubs

CAIRO, June 8 (Reuters) – FIFPRO, the global representative body for professional footballers, has advised foreign players against signing for Egyptian clubs because of what they allege are frequent contractual disputes and abusive behaviour by club officials. In a statement that triggered a strongly-worded response from the Egyptian Football Association (EFA), FIFPRO said a player […]

Heavy rain drenches southwest China, some cities flooded

BEIJING, June 9 (Reuters) – Non-stop heavy rain lashed parts of southwest China on Friday, triggering floods in some cities, engulfing roads and partially submerging buildings. A particularly harsh first bout of summer rains known locally as “dragon boat water” saw the city of Beihai in the Guangxi region log 453 millimetres (17.8 inches) of […]

Taiwan presses EU on investment deal as bloc courts tech companies

By Jeanny Kao and Ben Blanchard TAIPEI, June 9 (Reuters) – Taiwan and the European Union should sign a long-stalled investment agreement if Europe wants long-term investment from the island, Taiwan’s top trade negotiator said on Friday as the bloc courts tech firms like TSMC to build factories there. Taiwan has repeatedly called for progress […]

Toddlers stable after Annecy attack, France lauds ‘backpack hero’

By Antony Paone and Geert De Clercq Annecy, June 9 (Reuters) – Well-wishers laid flowers on Friday at the site in the French mountain town of Annecy where an attacker stabbed four toddlers, as a shocked nation paid tribute to a backpack-wearing student who tried to stop the assault. Two of the children were in […]

EU states agree draft law on asset recovery from organised crime

BRUSSELS, June 9 (Reuters) – Organised crime could face tougher EU rules on illegal profits, including those gained by breaking sanctions, as member states look to harmonise relevant laws under a draft directive agreed on Friday. The new law, once it is passed after talks with the EU parliament and the Commission, updates the minimum […]

Julian Assange loses US extradition challenge, will renew appeal next week

LONDON, June 9 (Reuters) – WikiLeaks’ founder Julian Assange has lost his latest attempt to fight extradition from Britain to the United States where he is wanted on criminal charges, though he will renew his appeal next week. Assange, 51, is wanted by U.S. authorities on 18 charges relating to WikiLeaks’ release of vast troves […]

France plans to close tax loophole benefiting AirBnB

PARIS, June 9 (Reuters) – France’s finance ministry is working on plans to close a tax loophole benefiting short-term furnished rentals such as AirBnB , Finance Minister Bruno Le Maire said on Friday. Many big French cities are facing housing shortages and renting flats to tourists on platforms such as AirBnB is often blamed for […]