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Publicis settles opioid case with US states for $350 mn
Publicis settles opioid case with US states for $350 mn
by  AFP

Publicis Health will pay $350 million to settle charges from US states that its "predatory and deceptive marketing strategies" worsened the opioid epidemic, New York's top prosecutor said Thursday. Of the $350 million in the settlement, $343 million will go for payments to US states and territories and $7 million for legal feels, Publicis said.

'Labour is the party of business,' UK's Starmer tells corporate bigwigs
'Labour is the party of business,' UK's Starmer tells corporate bigwigs
by  AFP

UK opposition leader Keir Starmer promised Britain's corporate community Thursday that his Labour party would better marshal the economy than the ruling Conservatives if elected. Sunak claims he has put Britain's economy back on track, including by halving inflation, and that Labour would take the UK "back to square one". pdh/phz/rox

Hundreds of farmers protest at Greek agriculture fair
Hundreds of farmers protest at Greek agriculture fair
by  AFP

Hundreds of Greek farmers on Thursday converged on the country's second city Thessaloniki to demand aid increases, as similar protests gather pace across Europe. Greek Prime Minister Kyriakos Mitsotakis on Tuesday offered to speed up financial aid to farmers in a bid to stave off the protests.

Shares in banking giants BNP, ING fall despite hefty profits
Shares in banking giants BNP, ING fall despite hefty profits
by  AFP

Shares in European banking giants BNP Paribas and ING tumbled on Thursday as disappointing fourth-quarter results took the shine off bumper annual profits. But BNP shares were down seven percent in afternoon deals on the Paris stock exchange as its fourth quarter earnings disappointed.

Farmers take protest to EU leaders
Farmers take protest to EU leaders
by  AFP

European farmers took their growing protest over low prices and the threat of competition from South American agri-food importers to Brussels on Thursday, clogging the streets with 1,300 tractors as EU leaders met for a summit. Farmers explained to AFP that was part of their calculation in taking their protest to Brussels.

Bank of England freezes rate as inflation stays high
Bank of England freezes rate as inflation stays high
by  AFP

The Bank of England froze its key interest rate Thursday for a fourth meeting in a row, matching US Federal Reserve policy, as high inflation prevents cuts to borrowing costs. Across the Atlantic, the Federal Reserve on Wednesday indicated that while it was moving towards US rate cuts, they probably would not occur before May at the earliest.

Catalonia declares drought emergency for Barcelona
Catalonia declares drought emergency for Barcelona
by  AFP

Spain's northeastern Catalonia region declared a drought emergency for Barcelona on Thursday and the surrounding area, which will now face tighter water restrictions following three years without significant rain. The water use restrictions will apply to Barcelona and 201 surrounding local councils from Friday.

Thousands strike in Finland over labour reform
Thousands strike in Finland over labour reform
by  AFP

A massive Finnish strike movement kicked off on Thursday, grounding most air traffic and closing workplaces in a protest against proposed government labour reforms that include social benefit cuts.