Headlines - Unite calls off ambulance strikes and agrees to government pay talks
- Former top Credit Suisse shareholder Harris Associates sells out of bank
- BP insists it is not slowing green transition to cash in on high oil prices
- ECB must do more to tackle inflation 'monster', says Christine Lagarde
Overview - Britain's Unite trade union has called off ambulance strikes that were due to take place this week, after agreeing to enter into pay talks with the government.
- Harris Associates, one of Credit Suisse's longest major shareholders, has sold its entire stake in the bank after losing patience with its strategy to stop persistent losses and a client exodus.
- Dave Lawler, the chair of BP's U.S. business, has insisted that it is continuing its transition away from fossil fuels, even though it plans an aggressive increase in oil output in the country and slowing planned production cuts elsewhere.
- European Central Bank President Christine Lagarde has warned that underlying price pressures will remain "sticky in the short term", while signalling that further interest rate rises from the bank are very likely as "inflation is a monster that we need to knock on the head".
(Compiled by Bengaluru newsroom)
