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Japan’s Nissan to double global job cuts to over 10,000: source

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TOKYO (Reuters) – Nissan Motor Co Ltd (7201.T) plans to expand job cuts to over 10,000 to help turn around its business, a person with direct knowledge of the matter said on Wednesday, showing the tough road ahead for an automaker grappling with management upheaval. FILE PHOTO: A Nissan logo is pictured during the media Read More

Indonesia to close island in bid to save Komodo dragons

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JAKARTA (Reuters) – Indonesia plans to close its eastern island of Komodo to the public next year in a bid to conserve rare Komodo dragons, the largest living species of lizard, a provincial official said on Tuesday. A Komodo Dragon is seen in Komodo National Park, Indonesia April 6, 2018. REUTERS/Henning Gloystein The island is Read More

French right-wingers to shun Greta Thunberg at parliament

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PARIS (Reuters) – Conservative and far-right French lawmakers said they would boycott a meeting with Swedish activist Greta Thunberg and hurled insults at the 16-year-old who has inspired a global network of young climate protesters. Thunberg has been invited by a cross-party group of politicians to attend a French parliament committee meeting and will watch Read More

Equifax consumers face uphill battle for claims

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FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell (Reuters) – Consumers affected by the massive Equifax Inc data breach in 2017 will not reap any windfalls from the credit reporting company’s $700 million U.S. settlement announced on Monday, but may face a cumbersome Read More

French MPs call for boycott of address by environmentalist ‘apocalyptic guru’ Greta Thunberg

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With 16-year old Swedish environmentalist Greta Thunberg set to address the French parliament, a group of MPs have vowed to boycott the doomsday speech by the person they called an “apocalyptic guru” and “prophetess in shorts.” Invited to the session by an environmental caucus called Accellerons– formed to fight what its members call “the climate Read More

Lloyds and Standard Life Aberdeen to settle 100 billion sterling funds row: Sky News

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FILE PHOTO: Customers use ATMs at a branch of Lloyds Bank in London, Britain, February 21, 2017. REUTERS/Toby Melville (Reuters) – Lloyds Banking‎ Group PLC (LLOY.L) will pay about 140 million pounds ($174.72 million) to Standard Life Aberdeen PLC (SLA) (SLA.L) to settle a legal fight over the future of a 100 billion pound asset Read More

‘This is slander’: China says US criticism over South China Sea prevents resolution of disputes

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Recent American criticisms of Chinese conduct in the South China Sea amount to “slander,” the country’s foreign ministry has said, insisting US interference only complicates the dispute over the highly-trafficked sealane. The contested waters have long been a source of conflict for Beijing and its neighbors, particularly over rights to drill for the area’s rich Read More

Masked assailants attack Hong Kong protesters in subway

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By Tania Snuggs, news reporter Clashes in Hong Kong escalated into violence on Sunday as police launched tear gas at pro-democracy protesters and a group of masked assailants attacked people making their way back from the rally in a subway station. The firing of tear gas was the latest confrontation between police and protesters who Read More

Did someone say rate cut? Five questions for the ECB

2 days ago DieselGasoil Comments Off on Did someone say rate cut? Five questions for the ECB
LONDON (Reuters) – After weeks of speculation that interest rate cuts and another round of asset purchases are on their way, investors hope Thursday’s European Central Bank meeting will give the clearest signal yet of imminent policy easing, if not the details. FILE PHOTO: The logo of the European Central Bank (ECB) is pictured outside Read More

UK to send 250 troops to Mali for dangerous peacekeeping mission

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By Alistair Bunkall, defence and security correspondent, in Mali The UK is to send 250 troops to Mali in the biggest peace-keeping deployment since Bosnia and potentially the most dangerous mission for British forces since Afghanistan. The soldiers will form a long-range reconnaissance task group, specifically chosen for their ability to operate in small teams Read More