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Premier League eyes biggest ever TV rights deal by selling 70 more matches
The Premier League is aiming to smash its own record domestic television rights deal after making 70 more matches available for broadcast from 2025. Premier League clubs already enjoy a huge financial advantage over their European competitors due to far more lucrative domestic and international TV rights deals. kca/ea
ECB greenlights next stage of digital euro project
The European Central Bank moved closer to creating a "digital euro" Wednesday by greenlighting the next stage in the project, even as questions persist about the potential benefits and risks. Central bank-backed digital currencies (CBDCs) have been touted as a risk-free alternative to private, highly volatile cryptocurrencies like Bitcoin which have seen a rise in popularity in recent years.
Russia withdraws new ruble note after church complaint
Russia's central bank halted the circulation of a new 1,000 ruble note Wednesday after Orthodox priests complained that the image of a church dome lacked a cross, even though it does not have one in real life. The bank had presented new designs of the 1,000 and 5,000 ruble notes earlier this week.
Swedish Tesla workers to strike over union demands
Tesla mechanics in Sweden will walk off the job on October 27 unless the electric carmaker agrees to sign a collective wage agreement, the metalworkers union IF Metall said Wednesday. "Even though we have called for industrial action, it is our sincere hope that Tesla will begin to negotiate and sign a collective agreement for their employees in Sweden," IF Metall said. po/jll/rl
Musk's X starts charging new users for basic features in two countries
The social media site X, formerly known as Twitter, said Tuesday it has started charging new users in New Zealand and the Philippines for basic features such as posting messages in a trial aimed at reducing spam.
UK inflation stays elevated at in September
British inflation remained elevated in September, official data showed Wednesday, prolonging a cost-of-living crisis and stoking fear that UK interest rates could stay higher for longer.
Xi hails Putin friendship and deep ties between China and Russia
Chinese President Xi Jinping hailed his close friendship with Vladimir Putin on Wednesday as he hosted the Russian leader for talks that celebrated their nations' deepening political and economic ties. "The political mutual trust between the two countries is continuously deepening," Xi said, according to Xinhua news agency, hailing their "close and effective strategic coordination".
Qatar signs 27-year gas deal with Britain's Shell
Qatar has agreed to supply British firm Shell with natural gas for 27 years, the Gulf emirate's state-owned energy company announced on Wednesday. The deal with Shell is equal in length to an agreement with France's TotalEnergies announced earlier this month for a 27-year supply of natural gas.
Transition trouble: German car suppliers struggle with electric shift
After years earning bumper profits by producing parts for fossil fuel-powered cars, German suppliers to the crucial auto industry are struggling as the transition to electric mobility gathers pace. And with the transition moving at different paces around the world, industry players see an appetite for traditional combustion engine products for years to come.
AFP
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