Newsletter Nov 11, 2022

Half a million UK workers drop out of workforce, citing long-term illness

The number of people who have dropped out of Britain's job market since 2019 and who now cite a long-term illness or mental health problems has risen by half a million or about 25%, the Office for National Statistics (ONS) said.

British policies on migration, rights issues under fire at U.N. rights forum

The United Kingdom faced a barrage of questions and criticism of its migration and poverty policies in a United Nations review of its human rights record on Thursday amid allegations that it is backsliding on freedoms.

UK PM Sunak to meet Ireland's Martin at British-Irish summit

UK Prime Minister Rishi Sunak on Thursday hosts his Irish counterpart Micheal Martin, with renewed focus on talks to end a dispute over post-Brexit trade in Northern Ireland.

British, Irish leaders bid to resolve N.Ireland Brexit dispute

UK Prime Minister Rishi Sunak on Thursday hosts his Irish counterpart Micheal Martin, as they bid to end a dispute over post-Brexit trade in Northern Ireland that has stymied power-sharing.

Asian, European stocks down as US midterms worry markets

Asian stocks fell on Thursday after inconclusive US midterm election results and a cryptocurrency crisis hammered markets.

EU proposes cyber defence plan as concerns about Russia mount

The European Commission proposed on Thursday two action plans to address the deteriorating security situation following Russia's invasion of Ukraine to bolster cyber defence and to allow armed forces to move faster and better across borders.

Latest London Underground strike paralyses network

Millions of Londoners faced travel misery on Thursday as another strike by Underground staff shut down most of the network, including almost all lines and city centre stations.

Transit strikes snarl London, Paris as workers seek raises

Commuters in London and Paris scrambled for alternatives Thursday -- or simply stayed home -- as public transport workers went on strike for higher pay, the latest industrial action seeking relief from soaring prices in Europe.

Britain has frozen 18 billion pounds worth of Russian assets

The British government said on Thursday it had frozen assets worth more than 18 billion pounds ($20.5 billion) held by Russian oligarchs, other individuals and businesses sanctioned over Moscow's invasion of Ukraine.

Dollar plunges as U.S. inflation data spurs exodus from crowded trade

Investors are stampeding away from the dollar, as softer-than-expected U.S.

Countries set out 12-mth plan to speed up industry emission cuts

Countries representing more than half of the global economy on Friday specified the steps they will take to help accelerate the low-carbon transition by cutting emissions in sectors including power, transport and steel.

Twitter chaos deepens as key executives quit

Musk on Thursday warned employees that the site was burning dangerously through cash, raising the specter of bankruptcy if the situation was not turned around.

UK's Domino's counting on soccer World Cup to boost pizza sales

Domino's Pizza Group Plc said on Thursday sales in the key holiday quarter were off to a positive start and the fast-food chain is pinning hopes on the FIFA World Cup to drive revenues further despite a squeeze on consumer finances.

Dutch agree to back Italian tax probe into Booking.com

Two former finance chiefs at travel website Booking.com are set to be questioned after Dutch authorities agreed to cooperate with Italian prosecutors on a tax investigation, the Dutch prosecutors office confirmed to Reuters.

UK police bail student arrested for egging Charles III

Thelwell, a York University student and environmental activist who opposes the monarchy, said he had received death threats.

EU watchdog backs Sanofi Covid booster jab

Sanofi said it was ready to start its first shipments of the booster in Britain and the EU, in line with advance contracts for 70 million doses.