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Germany’s RWE to cut one in three jobs in $2.9 billion coal exit deal
By Christoph Steitz, Vera Eckert and Matthew Green FRANKFURT (Reuters) – RWE <RWEG.DE>, Germany’s biggest power producer, will cut about 6,000 jobs, or nearly a third of its current workforce, by 2030 as the country moves to phase out brown coal as an energy source, the company said on Thursday. Germany’s exit from the coal […]
Egypt’s banks told to limit withdrawals and deposits
CAIRO (Reuters) – Egyptian banks have been instructed to apply temporary limits on daily withdrawals and deposits in a move seemingly designed to control inflation and hoarding during the coronavirus’ spread. The daily limit for individuals would be 10,000 Egyptian pounds ($635) and 50,000 pounds for companies, a central bank statement said, though businesses will […]
Vladimir Putin to get Covid vaccine today – and urges Russians to follow suit
Russian president Vladimir Putin will get a coronavirus vaccine injection today. Putin announced he would get the jab during a televised meeting about the Covid-19 pandemic yesterday, but refused to say which of the Sputnik V, EpiVacCorona ot CoviVac vaccines he would take. The statement comes amid a push by authorities to encourage more Russians […]