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Suspected gas blast at Spanish restaurant injures seven
  + stars: | 2022-10-16 | by ( ) www.reuters.com   time to read: 1 min
MADRID, Oct 16 (Reuters) - A suspected gas explosion wounded at least seven people at a Japanese restaurant in the northeastern Spanish city of Tarragona on Sunday, officials said. The blast happened at around 4 p.m. local time when the restaurant was closed, Pau Ricoma, mayor of Tarragona, told reporters. "Two people who were passing by were hurt," he told local media. Register now for FREE unlimited access to Reuters.com RegisterIn all, seven people were injured, two seriously. "It is not clear what caused the explosion but it is almost certainly gas," Ricoma said.
PARIS, Oct 16 (Reuters) - The French government is set to pass the 2023 budget bill using special constitutional powers that would allow it to bypass a vote in parliament, Prime Minister Elisabeth Borne said on Sunday. The government will likely use the procedure, under article 49.3 of the constitution, Borne said in an interview on French TV channel TF1, without specifying a date but ruling out its use on Monday. "We will probably have to use the 49.3, but... it won't be tomorrow." Opposition parties would be likely respond with a motion of no confidence, which would likely fail but would nonetheless be damaging as the government seeks to build bridges for a planned pension reform. Register now for FREE unlimited access to Reuters.com RegisterReporting by Mathieu Rosemain; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
KHARKIV, Ukraine, Oct 14 (Reuters) - Wide-eyed and gripping a stuffed blue rabbit, six-month-old Zhenia settles into his pram before being walked along a Kharkiv factory forecourt - a treat to be savoured for someone who has lived in a bomb shelter since he was born. Pushing the buggy is his mother, 39-year-old Olha Shevchenko. 1/4 Olha Shevchenko, 39, and her husband Evgen look for their things in their house, damaged by the Russian military strike, as Russia's attack on Ukraine continues in Kharkiv October 12, 2022. REUTERS/Vyacheslav Madiyevskyy Read More"I knew this bomb shelter because when I was a little girl I saw it with my grandpa. With renewed shelling of Kharkiv making it increasingly dangerous for them to be outside, the family have worked hard to make the shelter as liveable as possible.
Described as "the sale of this century" by auction house Christie's, the collection of more than 150 pieces spans 500 years of art history from Sandro Botticelli to David Hockney. Register now for FREE unlimited access to Reuters.com RegisterChristie's Global President Jussi Pylkkanen said he expected overall proceeds "well in excess of $1 billion." Allen, who together with school friend Bill Gates started Microsoft in 1975 before leaving the software company several years later, died in 2018, aged 65. Hockney's "Queen Anne's Lace Near Kilham" has a price estimate of $8 million-$12 million and Alberto Giacometti's sculpture "Femme de Venise III" $15 million-$20 million. Register now for FREE unlimited access to Reuters.com RegisterReporting by Marie-Louise Gumuchian; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
The transport push entails replacing its diesel-fuelled buses with 450 electric ones, under a 500 million crown ($47 million) programme that Sirin Stav, Vice-Mayor responsible for environment and transport, said will save the city money over the long term. "The maintenance is cheaper, it's also cheaper for the operators of the electric buses," she said. Ingvild Roerholt, an adviser on transport questions at ZERO, a Norwegian environmental group, said the bus rollout marked an important step forward for the city. "However, it is important that Oslo going forward makes sure there is transparency in how much emissions are associated with the production of these ferries and vehicles," she added. ($1 = 10.7344 Norwegian crowns)Register now for FREE unlimited access to Reuters.com RegisterReporting by Victoria Klesty, editing by Gwladys Fouche and John StonestreetOur Standards: The Thomson Reuters Trust Principles.
LONDON, Oct 14 (Reuters) - A British newspaper on Friday pitted Liz Truss in a race against a lettuce, asking readers if they thought the under-fire prime minister would lose her job before the vegetable decayed. loadingThe tabloid Daily Star set up a live feed of an unrefrigerated iceberg next to a photo of Truss. Register now for FREE unlimited access to Reuters.com RegisterThe stunt echoed a comment at the other end of Britain's journalistic spectrum. Truss's political role model, 1980s prime minister Margaret Thatcher, was widely known as the Iron Lady. Register now for FREE unlimited access to Reuters.com RegisterReporting by John Stonestreet; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.
From a year earlier prices rose 8.2%, far above the Fed's 2% target. That is still the dominant view, though futures prices now also reflect about a one-in-10 chance of a full percentage-point rate hike next month. Fed policymakers have raised interest rates sharply this year, from near-zero just seven months ago. Most global central banks are also raising rates fast, and stock prices around the world have fallen as investors expect growth to slow in response. Traders are pricing a smaller 30 basis point rate cut toward the end of 2023, rate-futures contracts traded at CME Group show.
WASHINGTON, Oct 13 (Reuters) - The U.S. Federal Communications Commission is set to ban approvals of new telecommunications equipment from China's Huawei Technologies and ZTE (000063.SZ) in the United States on national security grounds, according to a document posted by the agency. The companies would not be able to sell new equipment in the United States without equipment authorizations. In June 2021, the FCC voted to advance the plan to ban approvals for equipment in U.S. telecommunications networks from Chinese companies deemed national security threats, including Huawei and ZTE. ... We have left open opportunities for (Huawei and other Chinese equipment) use in the United States through our equipment authorization process. The FCC action would prohibit all future authorizations for communications equipment deemed to pose an unacceptable risk to national security.
LONDON, Oct 13 (Reuters) - The Bank of England said on Thursday that the central counterparties (CCPs) in Britain's financial system were "resilient" after publishing the conclusions of its first public stress test for ICE Clear Europe, LCH and LME Clear. "While the stress test was exploratory, with no pass-fail assessments, the results are evidence of the overall resilience of the UK CCPs," BoE Deputy Governor Jon Cunliffe said in a statement. Register now for FREE unlimited access to Reuters.com RegisterThe BoE said it checked whether the CCPs were resilient to a market stress scenario and to the simultaneous default of the two largest clearing member groups. The exercise started in October 2021 and was designed to be as severe as the worst historical market stress scenario experienced by each CCP up to that point. "We will engage these CCPs on our findings, which will help the Bank target its supervision and inform CCPs' approach to risk management," Cunliffe said.
Oct 13 (Reuters) - The U.S. Federal Communications Commission plans to ban all sales of Huawei and ZTE (000063.SZ) telecommunications equipment in the United States on national security grounds, news website Axios reported on Thursday, citing sources familiar with the matter. Last year, U.S. President Joe Biden signed legislation to prevent companies that are deemed security threats from receiving new equipment licenses from U.S. regulators. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Jyoti Narayan in Bengaluru; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
BRUSSELS, Oct 13 (Reuters) - The United States reaffirmed its commitment to defend "every inch" of NATO territory ahead of talks among defense ministers from the alliance on Thursday that will include closed-door discussions by its nuclear planning group. Register now for FREE unlimited access to Reuters.com RegisterAustin spoke shortly before attending a meeting by NATO's Nuclear Planning Group, which is NATO's senior body on nuclear matters and handles policy issues associated with its nuclear forces. NATO's website says its nuclear policy is under "constant review, and is modified and adapted in light of new developments." "We're going to stay with our efforts to support Ukraine for as long as it takes," Austin said alongside NATO Secretary-General Jens Stoltenberg. NATO told Moscow on Tuesday it would meet attacks on allies' critical infrastructure with a "united and determined response."
Logo of the Maiden Pharmaceuticals Ltd. company is seen on a board outside their office in New Delhi, India, October 6, 2022. The matter "is being seriously investigated by appropriate authorities," India's foreign minister S Jaishankar said in a tweet. Known as a "pharmacy of the world", India supplies 45% of all generic medicines to Africa. The WHO issued a medical product alert last week asking regulators to remove Maiden goods from the market. The U.N. health agency said that laboratory analysis of four Maiden products - Promethazine Oral Solution, Kofexmalin Baby Cough Syrup, Makoff Baby Cough Syrup and Magrip N Cold Syrup - had "unacceptable" amounts of diethylene glycol and ethylene glycol, which can be toxic and cause acute kidney injury.
"The ongoing squeeze on household finances continues to weigh on growth, and likely to have caused the UK economy to enter a technical recession from the third quarter of this year," Yael Selfin, chief economist at KPMG UK, said. Manufacturing fell by 1.6% from July and more maintenance than unusual in the North Sea hit the mining and quarrying sector which includes oil and gas. "Many other consumer-facing services struggled, with retail, hairdressers and hotels all faring relatively poorly," ONS Chief Economist Grant Fitzner said. GDP in September is likely to be weakened by a one-off public holiday to mark the funeral of Queen Elizabeth. The International Monetary Fund said on Tuesday it expected British GDP to grow in 2023 but only by 0.3%.
BRUSSELS, Oct 12 (Reuters) - Germany and the Netherlands have proposed a package of 10 measures that the European Union could use to curb gas prices and avoid fuel rationing, including looking into setting a new benchmark price for liquefied natural gas. The plan, seen by Reuters and shared with other EU countries before the bloc's energy ministers meet on Wednesday, calls for the EU to kickstart joint gas buying, to avoid one country outbidding another and driving prices higher. They said a broad gas price cap on imports was a less preferable option. A price cap on Russian gas could also be considered, but only if workable for the countries it would affect most, the document said. Brussels proposed a Russian gas price cap last month, but shelved the idea after resistance from central and eastern countries that feared Moscow would retaliate by cutting off the limited supplies it still sends to Europe.
Britain's bond market turmoil
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +3 min
The country's financial markets have been in turmoil since finance minister Kwasi Kwarteng last month unveiled tax cuts with no details of how they would be paid for. * The Bank of England has been forced into emergency bond-buying to stem a sharp sell-off in Britain's 2.1 trillion pound ($2.3 trillion) government bond market that threatens to wreak havoc in the pension industry and increase recession risks. * The BoE interventions have highlighted a growing segment of Britain's pensions sector - liability-driven investment. MAJOR PLAYERS* BoE governor Bailey said on Tuesday on the sidelines of an IMF meeting in Washington that BoE support for the pension funds would end as planned on Friday. MARKET REACTION* The 20- and 30-year UK government bond yields both hit their highest since 2002 at 5.195% and 5.1% respectively, passing above 5% for the first time since the BoE began buying bonds on Sept. 28 to calm the turmoil.
That was when the BoE moved to quell bond market turmoil triggered by the plans of the new government of Prime Minister Liz Truss for big, unfunded tax cuts. Register now for FREE unlimited access to Reuters.com Register"We have announced that we will be out by the end of this week. "My message to the funds involved and all the firms involved managing those funds: You've got three days left now. Investors are nervous that Friday's deadline for the end of the BoE's bond-buying might come too soon for some funds. The BoE press office said it had no further comment to make beyond those of Bailey on Tuesday in Washington.
read moreIt will take effect once Lebanon and Israel send letters to Washington, which will issue a notice announcing the deal is in place. Parties to the deal would seek to resolve any further maritime differences through the United States, securing an ongoing guarantor role for Washington. A centrist, Lapid's caretaker government wants the deal done soon but has denied that the country's election is the deadline. TotalEnergies is set to begin exploration at the Qana prospect immediately after the deal takes effect, though Lebanon's energy minister said preparations would take a number of months. Seeking to play down future Lebanese profits, Israeli Energy Minister Karine Elharrar told Tel Aviv's 103 FM radio initial estimates put that prospect's total value at some $3 billion.
Morning Bid: Confusion reigns
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +4 min
Then BoE chief Andrew Bailey said late Tuesday: "You've got three days left now. You've got to get this done" - even as the Financial Times reported the central bank might extend the support. The tension built with Britain's economy looking set to go into recession as data showed it unexpectedly shrank in August. "The worst is yet to come, and for many people, 2023 will feel like a recession," said IMF chief economist Pierre-Olivier Gourinchas. * G20 finance ministers and central bankers meet at annual IMF/World Bank meeting in Washington* Bank of England Financial Policy Committee publishes summary of latest meeting.
Register now for FREE unlimited access to Reuters.com Register"We have announced that we will be out by the end of this week. "My message to the funds involved and all the firms involved managing those funds: You've got three days left now. Investors are nervous that Friday's halt to the BoE's bond-buying might come too soon for some pension funds. But a BoE spokesperson said it had been made "absolutely clear in contact with the banks at senior levels" that the Friday deadline would hold. On Wednesday, it said it was "closely monitoring" liability-driven investment (LDI) funds, which are key to pension funds, ahead of Friday's deadline.
While estimates of how much pension funds need to sell vary they are in the hundreds of billions of pounds, and it is not known how much funds have already raised in cash. Tuesday's BoE intervention was targeted at buying index-linked bonds, a far smaller market than gilts, dominated by pension funds and which suffered another significant selloff this week. He estimates pension funds could sell assets totalling around 300 billion pounds as they adjust hedging positions, although it is not clear how much they may have sold already. He estimated 100 billion pounds could come from gilts and the rest from assets such as global credit, global equities and asset-backed securities. "The bottom line is a lot of schemes need to rebalance their portfolios," he said.
BEIJING, Aug 25 (Reuters) - Chinese customs said on Thursday it no longer required cross-border travellers to report certain COVID-related information, such as tests and previous infections, when clearing customs. Mainland China, which still has some of the world's most stringent COVID policies for international travellers, has taken steps to make cross-border travel less onerous, such as shortening the quarantine period and removing some testing and self-isolation requirements for inbound travellers. Those intending to enter China from many countries still have to report tests and other COVID-related information to Chinese embassies before boarding flights, according to embassy websites. Reporting by Beijing Newsroom; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
Similar numbers fled in Greece as a blaze fuelled by gale-force winds raged in mountains north of Athens. ABOVE 40CIn Spain, where emergency crews were fighting fires in five regions, national weather service AEMET also forecast higher temperatures. REUTERS/Stelios MisinasTreasury Minister Simon Clarke said Tuesday's "remarkable, unprecedented" record served as "a reminder ... of the importance of tackling climate change." British engineers raced on Wednesday to fix train tracks that buckled in the heat after firefighters worked through the night to damp down wildfires. In southern Europe, far larger wildfires continued to rage.
Persons: Armando Silva, Stephen Belcher, Stelios Misinas, Simon Clarke, Tuesday's, Emmanuel Macron, Eugenio Giani, Christos Stylianides, Marc Fesneau, Manuel Lopes, Renee Maltezou, Angeliki Koutantou, Karolina Tagaris, Dominique Vidalon, Mathieu Rosemain, Sudip Kar, Gupta, Kate Holton, William James, Emma Pinedo, Catarina Demoney, John Stonestreet, Nick Macfie, Alex Richardson, Mark Heinrich Our Organizations: China, Emergency, Science, Technology, Britain's Met, REUTERS, European Union, Fincantieri, Thomson Locations: Tuscany, Athens, ATHENS, LONDON, Europe, London, Italy, Lucca, Greece, China, Texas , Louisiana, Arkansas, Central U.S, Portugal, Spain, Portugal's, Murça, Trieste, Rome, Milan, Florence, Britain, Pallini, France, Croatia, Slovenia, Monfalcone, Penteli, Gironde, Paris, Madrid, Lisbon
John Stones a ratat cea mai mare ocazie a gazdelor, iar oaspeții au trecut în câteva rânduri pe lângă gol, prin Stephen O’Donnell, Che Adams și Lyndon Dykes.În celălalt meci al grupei D, Croația a remizat cu Cehia pe stadionul "Hampden Park" din Glasgow, scor 1-1.Cehii au obținut un penalty în minutul 35, atunci când Dejan Lovren l-a lovit cu cotul pe Patrik Schick în careu. Chiar dacă atacatul formației Bayer Leverkusen a avut de suferit în urma contactului cu jucătorul advers, tot el a fost cel care a transformat lovitura de la punctul cu var și a devenit astfel golgheterul la zi al turneului, cu trei reușite. Croații au egalat în repriza secundă prin Ivan Perisic.Într-un alt meci ce s-a disputat ieri seara în cadrul grupei E de la EURO 2020, Suedia a dispus de Slovacia cu 1-0. Singurul gol al întâlnirii a fost înscris de Emil Forsberg din penalty.
Persons: John Stones, Stephen O’Donnell, Che Adams, Lyndon, Dejan Lovren, Ivan, Emil Organizations: Bayer Leverkusen, EURO Locations: Croația, Cehia, Hampden, Glasgow, Suedia, Slovacia
Campioana Franţei avea nevoie de victorie, dar echipa pregătită de Pep Guardiola a fost cea care a început cu dreptul şi a deschis scorul în min. 11, prin Mahrez, algerian născut la Paris, cu un şut din unghi, după un şut blocat al lui De Bruyne. Formaţia antrenată de Pochettino a trecut din nou pe lângă gol câteva minute mai târziu (19), când Bernardo Silva a fost deposedat de minge, iar Di Maria a şutat pe lângă poarta părăsită pentru moment de Ederson. Angel Di Maria, 6. Cartonaş roşu: Di Maria (69).
Persons: Pep Guardiola, PSG, Marquinhos, Bernardo Silva, Di, Oaspeţii, portughezul Ruben Dias, Di Maria, Navas, Paris Saint - Germain, Ederson, . Kyle Walker, John Stones, . Ruben Dias, Oleksandr, Raheem, Ilkay, Riyad, Kevin, Bruyne, Gabriel Jesus, Phil Foden, Sergio Aguero, Zack Steffen, Scott Carson, 6, Nathan Ake, Aymeric, Torres, Benjamin Mendy, Keylor, Alessandro Florenzi, Colin Dagba, Presnel, Abdou, Mitchel Bakker, Ander Herrera, Julian Draxler, Leandro Daniel Paredes, Danilo Pereira, Marco, Mauro Icardi, Moise Kean, Sergio Rico, Mathyas, Thilo, Kylian, Pablo Sarabia, Layvin, Sander, Roekel, Erwin Zeinstra, Boekel, Dennis Higler, Danilo, Maria Organizations: City, Manchester City, Chelsea, Real Madrid, Manchester Locations: PSG, algerian, Paris, Istanbul, Paris Saint -, Olanda, Grecia, Pol
Mai mult de atât, până la pauză, Manchester City și-a mărit avantajul. Rodri a marcat, iar Bernardo Silva și-a trecut în cont al doilea assist.Ambele echipei au avut câte un jucător eliminat în partida ce s-a disputat pe "Villa Park". La oaspeți, John Stones, a văzut roșu direct pentru un fault grosolan pe finalul primei reprize.Aston Villa a rămas în inferioritate numerică în minutul 57, atunci când Matty Cash a comis un fault și a primit al doilea cartonaș galben.Manchester City, care este liderul clasamentului în Premier League, are 11 puncte avans față de Manchester United, însă "diavolii roșii" au și cu un meci mai puțin jucat.Între timp, următorul adversar al "citadinilor" din Liga Campionilor, Paris Saint-Germain, a făcut spectacol în Cupa Franței. Discipolii lui Mauricio Pochettino au zdrobit-o pe Angers cu 5-0 și s-au calificat în semifinale.Mauro Icardi a reușit un hat-trick, Neymar a înscris un gol, iar unul dintre fundașii adverși a marcat în propria poartă.Pe 28 aprilie, PSG va juca cu Manchester City în prima manșă a semifinalelor Ligii Campionilor. Meciul de pe "Parc des Princes" va începe la ora 22:00 și va fi transmis, în direct, de PRIME.
Persons: Bernardo Silva, John Stones, Matty Cash, Mauricio Pochettino, Icardi, Neymar, PSG Organizations: Manchester City, Premier League, Manchester United, Liga Campionilor, Ligii Campionilor Locations: City, Paris Saint - Germain, Franței, Angers
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