Category: Uncategorized
Microsoft offers to charge for Teams to address EU antitrust concerns
Reuters Reuters exclusively reported that Microsoft is offering to charge more for its Office product when bundled with its messaging app Teams (versus Office without Teams) in an attempt to stave off an EU antitrust investigation. Microsoft was hit with more than 2.2 billion euros in EU antitrust fines in the previous decade for various…
Read MoreECB slows rate hike pace but signals more to come
Reuters Reuters swiftly reported on the European Central Bank’s rate hike strategy, as detailed by ECB President Christine Lagarde at a press conference. Reuters analyzes the likelihood of further tightening in the fight against inflation. The post ECB slows rate hike pace but signals more to come appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/ecb-slows-rate-hike-pace-but-signals-more-to-come/
Read MoreApplus draws takeover interest from Apollo, Apax
Reuters Shares of Spanish industrial testing company Applus jumped 14% after Reuters exclusively reported on May 4 that the company had attracted interest from private equity firms Apax, Apollo, I Squared, and TDR. Applus confirmed in a statement through Spanish market regulator on May 5 that it has received unsolicited approaches from investors, granting them…
Read MoreApollo seeks to take majority stake in SAS’s Chapter 11 rescue plan
Reuters Reuters exclusively reported that U.S. private equity firm Apollo Global Management Inc is seeking to take a majority stake in SAS and aims to apply for approval from Swedish and Danish regulators for the deal as part of the Scandinavian airline’s rescue plan. The post Apollo seeks to take majority stake in SAS’s Chapter…
Read MoreEU to push for its debt to be included in government bond indexes
Reuters Reuters exclusively reported that the European Union is preparing to approach index providers for its debt to be included in their government bond indexes, a move that would attract steady demand from a much bigger pool of global investors. The post EU to push for its debt to be included in government bond indexes…
Read MoreEU tweaks draft patent rules making it easier for patent holders to sue
Reuters Reuters exclusively revealed that the European Commission has updated draft patent rules to make it easier for patent holders to sue companies over royalty disputes in hopes that the move will end costly legal spats over patents essential to key technologies for telecoms equipment, mobile phones, computers, connected cars and smart devices. The post…
Read MorePakistan makes its first purchase of discounted Russian oil
Reuters Reuters exclusively revealed that Pakistan has placed its first order for discounted Russian crude oil under a deal struck between Islamabad and Moscow that offers Russia a new outlet, adding to Moscow’s growing sales to India and China as it redirects oil from western markets due to the Ukraine conflict. The post Pakistan makes…
Read MoreVivendi set to win EU green light for Lagardere deal
Reuters Sources exclusively shared with Reuters that French media conglomerate Vivendi (VIV.PA) is set to win EU antitrust approval to buy Lagardere (LAGA.PA) after its offer to sell Editis and celebrity magazine Gala managed to address competition concerns. The post Vivendi set to win EU green light for Lagardere deal appeared first on Reuters News…
Read MoreTesting waters, Hungary’s central bank flags cut in top end of rate corridor
Reuters Reuters was first to report comments by a Hungarian central banker who flagged a cut in the top of its interest rate corridor, which could be the first rate cut in Central and Eastern Europe. The forint fell almost 2% against the euro after the comments, made by Deputy Governor Barnabas Virag to Hungarian…
Read MoreFrench court clears Air France, Airbus over Rio-Paris plane crash
Reuters Reuters was first to report a long-awaited French court verdict that cleared Air France and Airbus of involuntary manslaughter in the case of a jetliner crash that killed all 228 people on board while traveling from Rio de Janeiro to Paris in 2009. Reuters reported the outcome of France’s first ever trial for such…
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