• 11/25/2024

EU 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…

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Pakistan 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…

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Vivendi 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…

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Testing 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…

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French 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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Explainer: What happens if Russia abandons the Black Sea grain deal?

Reuters Reuters analyzes what will happen to the U.N.-backed sea corridor if the deal that allows the safe wartime export of grain from some Ukrainian Black Sea ports is not extended.  The post Explainer: What happens if Russia abandons the Black Sea grain deal? appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/explainer-what-happens-if-russia-abandons-the-black-sea-grain-deal/

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ECB policymakers converging on 25-bps rate hike in May

Reuters Reuters exclusively reported that European Central Bank policymakers are converging on a 25 basis point interest rate hike in May, even if other options remain on the table and the debate is not yet settled.  The post ECB policymakers converging on 25-bps rate hike in May appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/ecb-policymakers-converging-on-25-bps-rate-hike-in-may/

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EDF warns of 1 billion euro loss due to French strikes, reviews hiring

Reuters Sources exclusively shared that French utility EDF (EDF.PA) has warned drawn-out strikes at its nuclear reactors and hydro-electricity plants have cost it 1 billion euros ($1.10 billion) in lost output and that it is reviewing hiring plans for the year.  The post EDF warns of 1 billion euro loss due to French strikes, reviews…

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‘Incredible’ Video Shows Ukraine Solider Diffusing Grenade Tied to a Landmine

Incredible video footage shared on social media shows when an unknown Ukrainian soldier deactivates a grenade strategically placed below a landmine inside a residential building. The post ‘Incredible’ Video Shows Ukraine Solider Diffusing Grenade Tied to a Landmine appeared first on 19FortyFive. https://www.19fortyfive.com/2023/04/incredible-video-shows-ukraine-solider-diffusing-grenade-tied-to-a-landmine/

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The U.S. Navy’s Virginia-Class Submarine: Now a Stealth Spy Sub?

According to The Drive, Electric Boat president Kevin Graney told the Connecticut Business and Industry Alliance’s “Economic Summit & Outlook” that the SSN manufacturer is “developing in the third picture a seabed warfare variant and this ship is designed to interact with the seafloor. And this design we’ll repurpose some of those missile tubes that…

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