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June 8, 2021

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Spain’s BBVA to cut 2,935 jobs, close 480 branches

Reuters
BBVA (BBVA.MC)has reached an agreement with unions to lay off 2,935 employees in Spain, around 12.6% of its banking workforce in its home market, the bank and Comisiones Obreras (CCOO) union said on Tuesday. “The adjustment plan is necessary to ensure the competitiveness and sustainability of future employment in the......

Macron slapped in the face during walkabout in southern France

Reuters
A man slapped President Emmanuel Macron in the face on Tuesday during a walkabout in southern France, an incident which his prime minister denounced as an affront to democracy. In a video circulating on social media, Macron reached out his hand to greet a man in a small crowd of......

Father pleads to keep sick daughter alive and take her to Israel

Reuters
The father of a 2-year-old Israeli girl who has been in hospital in Britain with a serious brain injury since birth pleaded to be allowed to take his daughter to Israel, after a UK court ruled her life-sustaining care should be withdrawn. “I want to keep my daughter, I want......

EU cautions against rushing into bloc-wide pandemic insurance

Reuters
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman/File Photo The European Union’s executive body urged caution on Tuesday in the face of calls for a public-private scheme for insuring companies against economic lockdowns in future pandemics. “This is a very complex......

Pfizer to test COVID-19 vaccine in larger group of children below 12

Reuters
Family members look on as Jack Frilingos, 12, is inoculated with Pfizer’s vaccine against coronavirus disease (COVID-19) after Georgia authorized the vaccine for ages over 12 years, at Dekalb Pediatric Center in Decatur, Georgia, U.S. May 11, 2021. REUTERS/Chris Aluka Berry/File Photo Pfizer Inc (PFE.N) said on Tuesday it will......

Indian experts urge faster inoculations ahead of free COVID-19 shots

Reuters
Shopkeepers wait to open their stores at a market area after authorities eased lockdown restrictions that were imposed to slow down the spread of the coronavirus disease (COVID-19), in New Delhi, India, June 7, 2021. REUTERS/Adnan Abidi Indian officials and health experts welcomed a federal government plan to give free......

Dollar shuffles higher, shares bask near peaks

Reuters
Markets were in their comfort zone on Tuesday, with world stocks hovering just off record highs, the dollar lifted by upcoming inflation data and the main volatility gauges all looking reassuringly calm. There was some pressure on sterling as the British government considered whether to delay removing most of its......

Bosnian Serb military leader Mladic will hear final verdict in genocide case

Reuters
Former Bosnian Serb military leader Ratko Mladic arrives for his appeal hearing at the UN International Residual Mechanism for Criminal Tribunals in The Hague, Netherlands August 25, 2020. UN-IRMCT/Leslie Hondebrink-Hermer/Handout via REUTERS/File Photo Appeals judges will hand down a verdict against former Bosnian Serb military leader Ratko Mladic on Tuesday,......

Asia shares pare gains on caution, oil falls again

Reuters
Asia stocks reversed early gains on Tuesday, with traders sidelined ahead of U.S. inflation data and a European monetary policy meeting this week while oil prices lost more ground on worries over the fragile state of the global recovery. E-mini futures for the S&P 500 index were up 0.07%, while......

Man suspected of killing Canadian Muslim family was motivated by hate -police

Reuters
A man accused of killing four members of a Canadian Muslim family by running them over in his pickup truck, targeted them in an attack motivated by hate, police said on Monday. Police in London, Ontario, citing witnesses, said that 20-year-old Nathaniel Veltman, jumped the curb in his vehicle on......

“America is back”: Brussels upbeat on eve of Biden’s Europe trip

Reuters
U.S. President Joe Biden delivers remarks on the May jobs report after U.S. employers boosted hiring amid the easing coronavirus disease (COVID-19) pandemic, at the Rehoboth Beach Convention Center in Rehoboth Beach, Delaware, U.S., June 4, 2021. REUTERS/Kevin Lamarque U.S. President Joe Biden’s trip to Europe this week will signal......

Investors call for ethical approach to facial recognition technology

Reuters
Visitors check their phones behind the screens advertising facial recognition software during Global Mobile Internet Conference at the National Convention in Beijing, China April 27, 2018. REUTERS/Damir Sagolj A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development and use......

Moscow bans nine prominent Canadians from Russia in sanctions response

Reuters
Russia will ban nine prominent Canadian citizens from entering its territory indefinitely, its foreign ministry said on Monday, in a response to Canadian sanctions imposed in March over human rights concerns. Canada on March 24 set new sanctions on nine Russian officials over “gross and systematic violations of human rights......

Biden’s to-do list on foreign trip: Rally allies against COVID, Putin

Reuters
President Joe Biden’s meeting with leaders of the G7 leading industrial economies in an English seaside village this week will usher in a new focus on rallying U.S. allies against common adversaries – the COVID-19 pandemic, Russia and China. New COVID-19 variants and rising death tolls in some countries will......

Big tech supports global tax, but wants digital services levies axed

Reuters
The logos of Amazon, Apple, Facebook and Google in a combination photo. U.S. tech giants could benefit from the agreement of the Group of Seven rich countries’ agreement to create a global minimum 15% corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to......

Former Shell U.S. President John Hofmeister dies at 73

Reuters
Former Shell Oil President John Hofmeister, who led the oil major’s U.S. efforts to help restore investor confidence after an accounting scandal nearly two decades ago and later set up an energy advocacy group, has died. A memorial service is planned June 29 in Houston. He died on May 24......

EU quizzes industry over euro clearing as LSE offers olive branch

Reuters
British and European Union flags are seen ahead of a meeting of European Commission President Ursula von der Leyen and British Prime Minister Boris Johnson, in Brussels, Belgium December 9, 2020. Olivier Hoslet/Pool via REUTERS/File Photo The European Union is asking financial market participants to suggest legislative changesthat would help......

Google to test changes to ad practices over coming months

Reuters
The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo Google said on Monday it will test changes to its widely-used online advertising services over the coming months following the French antitrust decision. The......

Asia shares hesitate, China imports underpin resources

Reuters
Asian shares turned sluggish on Monday as relief over a benign U.S. jobs report was chilled by caution ahead of key inflation data, while a coronavirus outbreak in Taiwan took an increasing toll on hard-pressed chip makers. Data out of Beijing showed China’s imports grew at their fastest pace in......

Thailand starts long awaited COVID-19 vaccination drive

Reuters
Thailand kicked off a long-awaited mass vaccination campaign on Monday as the country battles its third and worst wave of the coronavirus epidemic. The government aims to administer 6 million doses this month, hoping to ease worries over the highly anticipated roll-out and concerns about supply shortages. “The government will......

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