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Gross domestic product grew by 0.5% in the third quarter from the second and 2.6% year on year, national statistics bureau ISTAT said. Both preliminary readings were around half a percentage point higher than expected in Reuters survey of analysts, while the Treasury had said last month it expected a third quarter contraction. The government plans to raise next year's budget deficit to 4.5% of GDP, up from the 3.4% projected last month under current trends, a senior official said. Italian inflation hit 12.8% in October, the highest level since the country's EU-harmonised index was launched in 1996. Full year growth this year will come in at 3.7%, Federico forecast, above Rome's official 3.3% target.

☆ Morning Bid: Fed peak rate talk meets China curbs, grain strain
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +3 min

A look at the day ahead in U.S. and global markets from Mike Dolan. That lifted short and long-term Treasury yields on Monday , , with the dollar rising again across the board. China's factory and services activity unexpectedly fell in October, weighed by softening global demand and strict domestic COVID-19 curbs. In banking, Credit Suisse (CSGN.S) on Monday unveiled details of its plan to raise 4 billion Swiss francs ($4.01 billion) from investors to tackle the biggest crisis in its 166-year history. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

OSLO, Oct 31 (Reuters) - Norway will put its military on a raised level of alert from Tuesday as it sharpens security in response to the war in Ukraine, the Nordic country's prime minister said on Monday. Norway is now the biggest exporter of natural gas to the European Union, accounting for around a quarter of all EU imports after a drop in Russian flows. "This is the most severe security situation in several decades," Prime Minister Jonas Gahr Stoere told a news conference. Norway first deployed its military to guard offshore platforms and onshore facilities after leaks on the Nord Stream pipeline on Sept. 26 and has received support from the British, French and German navies. Reporting by Gwladys Fouche, writing by Terje Solsvik, editing by Nora Buli, Philippa Fletcher and John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Battling cholera, Lebanon gets first vaccines, and sharp words, from France
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +2 min

BEIRUT, Oct 31 (Reuters) - Lebanon took delivery on Monday of its first vaccines to combat a worsening cholera outbreak - together with sharply worded criticism of the crisis-hit country's crumbling public health infrastructure from donor nation France. Lebanon had been cholera-free since 1993, but its public services are suffering under a brutal economic crisis now in its fourth year, while infighting among the country's faction-riven elite has paralysed its political institutions. The vaccines would play "an essential role" in limiting the disease's spread, Health Minister Firass Abiad told reporters in the capital as he announced the first batch. "The origins of this epidemic, in which public health is at stake, must also be treated," Anne Grillo told reporters. The outbreak was "a new and worrying illustration of the critical decline in public provision of access to water and sanitary services in Lebanon."

☆ Man attacks UK migrant processing centre, kills himself
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +1 min

DOVER, England, Oct 30 (Reuters) - A man threw petrol bombs attached with fireworks at a centre for processing migrants in the southern English port of Dover on Sunday and then killed himself, a Reuters photographer said. The attacker, a white man in a striped top, drove up to the centre in a white SEAT sports utility vehicle. He got out and threw three petrol bombs, one of which did not go off, the photographer said. Video posted on social media by a GB News journalist showed staff putting out a small fire on the centre's exterior wall. Writing by Andy Bruce, additional reporting by William Schomberg Editing by Tomasz Janowski, John Stonestreet, Nick Macfie and Frances KerryOur Standards: The Thomson Reuters Trust Principles.

☆ UAE targets clean projects at 50% of energy mix by 2050 -energy minister
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: 1 min

CAIRO, Oct 30 (Reuters) - The United Arab Emirates aims to increase clean projects' share of its energy mix to 50% by 2050, state news agency WAM cited its energy minister as saying on Sunday. Suhail al-Mazrouei also said the Gulf state would start revising its energy strategy at the beginning of 2023 to align it with the goal of achieving climate neutrality by 2050. Reporting by Maha El Dahan and Yasmin Hussein; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine says 218 vessels blocked after Russia suspends grain deal
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +1 min

KYIV, Oct 30 (Reuters) - A total of 218 vessels are "effectively blocked" due to Russia's decision to suspend its participation in a grain export deal, Ukraine's infrastructure ministry said on Sunday. Russia said on Saturday it suspended participation in the U.N-brokered deal to export agricultural produce from Ukrainian ports following attacks on its fleet in Russian-annexed Crimea. The ministry said 95 loaded vessels that had left Ukrainian ports were awaiting inspection for shipment to the final consumer, and 101 empty ones awaited inspection at the entrance to Ukrainian ports. It said 22 ships with agricultural goods were waiting to leave Ukrainian ports. Ukraine has said the deal, which unblocked three Black Sea ports, has allowed it to export around 9 million tonnes of agricultural cargo so far.

☆ Suspension bridge collapses in India, hundreds fall in river - officials
▼ + stars: | 2022-10-30 | by ( Sumit Khanna | ) www.reuters.com time to read: +1 min

AHMEDABAD, Oct 30 (Reuters) - Hundreds of people fell into a river when a suspension bridge in India's western Gujarat state collapsed on Sunday and a number of them have been hurt, officials said. More than 400 people were on the bridge in the town of Morbi at the time and were plunged into the Machchu River, local TV channel Zee News said. "People fell in the river and there are casualties. Footage broadcast by the TV channel showed dozens of people clinging onto the cables of the collapsed bridge as emergency teams sought to rescue them. Prime Minister Narendra Modi, who is in his home state Gujarat for a three-day visit, said he has directed the state chief minister to mobilise teams urgently for the rescue operation.

☆ NATO calls on Russia to urgently renew Ukraine grain deal
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: 1 min

BRUSSELS, Oct 30 (Reuters) - NATO on Sunday called on Moscow to urgently renew the U.N.-brokered deal that enabled Ukraine to resume grain exports via the Black Sea amid a global food crisis. "President Putin must stop weaponising food and end his illegal war on Ukraine," NATO spokesperson Oana Lungescu said. "We call on Russia to reconsider its decision and renew the deal urgently, enabling food to reach those who need it most." All NATO allies had welcomed the agreement that came about with the help of Turkey, she noted. "These exports have helped reduce food prices the world over," Lungescu added.

☆ Egypt's pound sinks further against dollar after flexibility pledge
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +2 min

CAIRO, Oct 30 (Reuters) - Egypt's pound fell about 4% to 24 against the dollar as trading resumed on Sunday, Refinitiv data showed, after authorities committed to a flexible exchange rate under an International Monetary Fund support deal. The pound slid about 14.5% to 23 against the dollar on Thursday after they pledged a "durably flexible" exchange rate in conjunction with a staff-level agreement for a $3 billion IMF extended fund facility. Egypt's currency has been held steady or allowed to depreciate only gradually following previous sharp devaluations in 2016 and this March. It has weakened about 34.5% against the dollar so far this year. It introduced a mandatory requirement for importers to use letters of credit, leading to a sharp slowdown in imports and bottlenecks at ports.

☆ QatarEnergy names ConocoPhilips partner for LNG expansion project
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +1 min

DOHA, Oct 30 (Reuters) - QatarEnergy's chief executive on Sunday named ConocoPhillips (COP.N) as the third and final partner on the Gulf Arab state's North Field South expansion, part of the world's largest liquefied natural gas (LNG) project. State-owned QatarEnergy had already announced Shell and TotalEnergies as partners in the North Field South expansion and Kaabi said each would hold a 9.375% stake. The North Field is part of the world's biggest gas field that Qatar shares with Iran, which calls its share South Pars. Kaabi said discussions continued with several Asian buyers as "value-added partners" on the North Field expansion, but that the Western international partners were all announced. Several supply agreements were being discussed in relation to the North Field expansion, he said, adding that there would be announcements in due course.

☆ EU urges Moscow to revoke suspension of Ukraine grain deal
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +1 min

BRUSSELS, Oct 30 (Reuters) - The European Union on Sunday called on Russia to reverse its decision to pull out of a U.N.-brokered deal that enabled Ukrainian grain exports via the Black Sea amid a global food crisis. "Russia's decision to suspend participation in the Black Sea deal puts at risk the main export route of much needed grain and fertilisers to address the global food crisis caused by its war against Ukraine," EU foreign policy chief Josep Borrell said on Twitter. "The EU urges Russia to (reverse) its decision." In a move that provoked international outrage, Moscow on Saturday said it was suspending participation in the Black Sea deal, which has sought to avert famine and tame inflation, in response to what it called a major Ukrainian drone attack on its fleet. Reporting by Sabine Siebold; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ China's Yin Yong named acting Beijing mayor - state media
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: 1 min

BEIJING, Oct 28 (Reuters) - Beijing's Communist Party deputy chief, Yin Yong, has been named both deputy mayor and acting mayor of the Chinese capital, state media reported on Friday. Reporting by Ryan Woo; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Russia's partial mobilisation is complete, Shoigu says
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: +3 min

[1/4] Russian Defence Minister Sergei Shoigu attends a meeting with President Vladimir Putin at the Novo-Ogaryovo state residence, outside Moscow, Russia, October 28, 2022. In future, Shoigu said, recruitment for the Ukraine campaign would be based on volunteers and professional soldiers, rather than mobilising more of Russia's several million reservists. Responding to Shoigu, Putin acknowledged problems with mobilisation, saying that they were "inevitable", and said that the Ukrainian campaign had shown the need for "corrections" to Russia's armed forces. Russia's armed forces have struggled in the eight months since Putin ordered tens of thousands of troops into Ukraine, in what Moscow calls the "special military operation". Russian armed forces abandoned an attempt to seize Kyiv and other northern Ukrainian cities in April, before losing ground in the south and east to Ukrainian counter-attacks since August.

☆ ECB policymakers stick with hike plans even as recession looms
▼ + stars: | 2022-10-28 | by ( Balazs Koranyi | ) www.reuters.com time to read: +5 min

[1/2] Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. But policymakers on Friday appeared to be on message that rates will keep going up. Investors now see ECB rates peaking at around 2.75%, above levels near 2.5% seen on Thursday after the ECB's rate hike and language tweaks. RECESSIONThe policymakers' reinforcement of the rate hike message comes as a recession now looks almost certain, and will likely prompt a barrage of further criticism from European leaders. But ECB chief Christine Lagarde pushed back on the criticism on Thursday, arguing that breaking inflation was the ECB's chief mission and governments could help by providing targeted support for the most vulnerable.

☆ Russia says it will retaliate if EU confiscates state assets
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: 1 min

Oct 27 (Reuters) - Russia will retaliate if its state and citizens' assets are confiscated by the European Union, the Foreign Ministry said on Thursday. Asked about comments reportedly made by European leaders suggesting Russian assets in the European Union could be confiscated, Foreign Ministry Spokeswoman Maria Zakharova said that this would be "stealing". "The EU judiciary refuses to protect Russians' property," she said. Reporting by Reuters; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Russia moves to ban 'LGBT propaganda' among all ages
▼ + stars: | 2022-10-27 | by ( Caleb Davis | ) www.reuters.com time to read: +3 min

[1/3] People take part in the LGBT (lesbian, gay, bisexual, and transgender) community rally "VIII St.Petersburg Pride" in St. Petersburg, Russia August 12, 2017. Under the legislation, citizens could be fined up to 400,000 roubles ($6,500) for promoting "LGBT propaganda". LGBT Network, which offers legal aid, has called the bill an "absurd" attempt to humiliate and discriminate against the LGBT community. "In fact, what is happening is the total state abolition of LGBT+," a representative from LGBT Network told Reuters. TikTok, a video-sharing app, was fined 3 million roubles this month for promoting "videos with LGBT themes", while Russia's media regulator asked publishing houses to look at withdrawing all books containing "LGBT propaganda" from sale.

☆ IMF and Egypt reach $3 bln, 46-month deal, IMF representative says
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: 1 min

CAIRO, Oct 27 (Reuters) - The International Monetary Fund (IMF) and Egypt have reached a $3 billion funding deal that will run over 46 months, the IMF's representative in Egypt, Ivana Holler, said on Thursday in remarks aired on state TV. The state television's translator had said the agreement would last six months but an IMF statement published shortly after outlined it would last 46. Reporting by Mahmoud Mourad, Enas Alashray Nadine Awadalla; Writing by Lina Najem; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ China says willing to communicate with US military but 'red lines' should be respected
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: 1 min

BEIJING, Oct 27 (Reuters) - China attaches great importance to Sino-U.S. military relations and is willing to see China and the U.S. have military communications but "red lines" remain, a Chinese defense ministry spokesman said on Thursday. If the U.S. wishes to strengthen military communications, it should "respect China's interests and major concerns", Tan Kefei told a news conference on Thursday, according to the ministry's official social media account. Reporting by Ryan Woo and Martin Quin Pollard; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ India's women to receive same national appearance fees as men
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +2 min

NEW DELHI, Oct 27 (Reuters) - India's men and women cricket teams will be paid the same appearance fees to represent their country, Board of Control for Cricket in India (BCCI) Secretary Jay Shah said on Thursday. "We are implementing pay equity policy for our contracted BCCI women cricketers," Shaw wrote in a post on Twitter. "The match fee for both men and women cricketers will be same as we move into a new era of gender equality in Indian cricket." Under their current annual contracts, women cricketers in the highest bracket earn 5 million rupees, while Grade B players take home 3 million and Grade C, 1 million. Former India women team captain Mithali Raj hailed the announcement on Twitter as "historic".

☆ Hezbollah chief says armed group's mobilization to end
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: 1 min

CAIRO, Oct 27 (Reuters) - The leader of Lebanon's Iran-backed Hezbollah, Sayyed Hassan Nasrallah, announced the end of his armed group's mobilization on Thursday, after Lebanese and Israeli leaders finalised a U.S-brokered maritime demarcation deal. Nasrallah said in a televised speech that the signing of the deal is a "very big victory for Lebanon," adding that the Lebanese government was careful not to take any steps "that even smelled of normalization" in the indirect deal with Israel. Reporting by Maya Gebeily; Writing by Enas Alashray; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Tesla recalls 24,000 U.S. vehicles over seat belt issue
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Oct 27 (Reuters) - Tesla Inc (TSLA.O) is recalling just over 24,000 U.S. 2017-2022 Model 3 vehicles over a seat belt issue. The Austin-based electric vehicle company said the second-row left seat belt buckle and second-row center seat belt anchor may have been incorrectly reassembled during vehicle service. It told the National Highway Traffic Safety Administration it had reports of 105 service repairs, including warranty claims, for U.S. vehicles that were or might be related to the recall issue. Reporting by David Shepardson; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Iran's Ayatollah Khamenei calls for unity after shrine attack
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: 1 min

DUBAI, Oct 27 (Reuters) - Supreme Leader Ayatollah Ali Khamenei called on Iranians on Thursday to unite after an attack claimed by Islamic State on a shrine that killed 15 people, saying those behind it "will surely be punished", state television reported. "We all have a duty to deal with the enemy and its traitorous or ignorant agents. Security bodies, the judiciary, activists in the field of thought ... and the people must be united against ...disregard for people's lives, security, and sanctities," Khamenei said in a statement read on state TV. Reporting by Dubai newsroom; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Watchdog CPUC seeks $155 million in fines against PG&E over Zogg wildfire
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

Oct 26 (Reuters) - The California Public Utilities Commission (CPUC) watchdog on Tuesday proposed fines of $155.4 million against shareholders of utility Pacific Gas and Electric Co (PG&E) (PCG.N) for alleged violations related a 2020 wildfire in the state. PG&E was last year charged with manslaughter and other felonies by prosecutors in Shasta County over the Zogg fire, which killed four people, destroyed 204 structures, and burned more than 56,000 acres. read moreThe proposed penalties follow an investigation by the CPUC's Safety and Enforcement Division into the fire, which found that PG&E failed "to remove trees marked for removal as a result of poor recordkeeping." PG&E said in a statement that it was reviewing the proposed order, adding that it had already have resolved civil claims with Shasta County and "reached settlements with most individual victims and their families". Reporting by Deep Vakil; editing by John Stonestreetin BengaluruOur Standards: The Thomson Reuters Trust Principles.

[1/3] A helmet with logo of Saudi Aramco is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/FilesRIYADH, Oct 26 (Reuters) - Oil giant Saudi Aramco launched a $1.5 billion fund to support an inclusive global energy transition on Wednesday while Saudi officials said the switch from hydrocarbons could take decades, necessitating continued investment in conventional resources. What we need is an optimal, realistic transition plan," Aramco CEO Amin Nasser told a business forum, where he announced the new fund managed by Aramco Ventures. Saudi Finance Minister Mohammed al-Jadaan told the FII gathering that thinking around the global energy transition has "now became more realistic that actually transition will take... possibly 30 years", and that conventional resources remained important to ensure security of supply. Saudi sovereign wealth fund the Public Investment Fund (PIF) has established five regional investment companies in Jordan, Bahrain, Sudan, Iraq and Oman, PIF said on Wednesday, following a similar move for an investment subsidiary in Egypt.

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