Confidence among UK employers hits five-year high – REC
British employers are their most confident about the economy in almost five years, helped by the lifting of coronavirus restrictions, a survey showed on Wednesday, but the lack of staff to fill jobs is a growing problem.
Analysis: EU industry hands Brussels headache over carbon border levy
Brussels policymakers, about to unveil the world’s first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts’ warnings that doing so could expose the EU to legal challenges at the WTO.
EU measures to ‘tighten thumbscrews’ on Belarus
The European Union will impose travel bans and asset freezes on 86 Belarusian individuals and companies on Monday and is preparing economic sanctions that Austria said would “tighten the thumbscrews” on President Alexander Lukashenko.
Russia says EU carbon border tax may impinge on global trade rules
Russian Deputy Prime Minister Alexander Novak said on Thursday that the European Union’s plans to impose carbon emission costs on imports of goods may clash with the global trade rules and threaten the safety of energy supplies.
Lufthansa to allow check-in with digital vaccine pass
Lufthansa (LHAG.DE) will allow passengers to use new digital COVID-19 vaccination certificates at check-in for their flights, the German airline said on Thursday.
Explainer: How will EU ban on 10 banks from bond sales impact markets and banks?
LONDON, June 17 (Reuters) – Ten banks have been excluded over past breaches of antitrust rules from European Union syndicated debt sales backing Brussels’ up to 800 billion euro ($969 billion) COVID-19 recovery fund.
Energy, services boost euro zone inflation in May as expected
A sharp spike in energy prices and more expensive services boosted euro zone consumer inflation in May as expected, data confirmed on Thursday, taking the rate of price growth just above the European Central Banks target.
Quoting Irish poet, Biden ends EU trade war in renewal of transatlantic ties
U.S. President Joe Biden ended one front in a Trump-era trade war when he met European Union leaders on Tuesday by agreeing a truce in a transatlantic dispute over aircraft subsidies that has dragged on for 17 years.
Oil gains as risk of Iran supply resumption recedes
Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded with talks dragging on over the United States rejoining a nuclear agreement with Tehran.
EU hires banks for first recovery fund bond – lead managers
The European Union on Monday hired banks for a 10-year bond sale, the first to finance its recovery fund, according to two lead managers, a crucial step in financing the bloc’s economic recovery from the coronavirus pandemic.
