Uncategorized – Page 2 – Prologue Journal

Arm aims to capture 50% of PC market in five years, CEO says

Reuters Reuters exclusively reported that Arm Holdings aims to gain more than 50% of the Windows PC market in five years as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British chip designer’s technology. The post Arm aims to capture 50% of PC market in five years,…

KKR wins EU approval for Telecom Italia deal

Reuters Reuters exclusively reported that U.S. investment firm KKR was set to secure unconditional EU antitrust approval for its up to 22-billion-euro ($24 billion) acquisition of Telecom Italia’s (TIM) fixed-line network. The story was later confirmed by the European Commission. The deal is significant as it marks the first time that a former phone monopoly in…

VW and Renault end talks to develop affordable EV

Reuters Reuters exclusively reported that Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, in a setback for the EU carmakers’ efforts to fend off Chinese rivals. The post VW and Renault end talks to develop affordable EV appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/vw-and-renault-end-talks-to-develop-affordable-ev/

US warned Raiffeisen access to dollar system could be curbed over Russia

Reuters Reuters exclusively reported that Raiffeisen Bank International was warned by the U.S. Treasury in writing that its access to the U.S. financial system could be curbed because of its Russia dealings. The post US warned Raiffeisen access to dollar system could be curbed over Russia appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/us-warned-raiffeisen-access-to-dollar-system-could-be-curbed-over-russia/

Uniper’s dormant Russian gas contracts may pose hurdle to listing

Reuters Reuters exclusively reported that legacy gas contracts with former main supplier Gazprom could become a key hurdle for utility Uniper in its attempts to return to the stock exchange following its 13.5 billion euro bail-out by the German government during the height of Europe’s energy crisis. The post Uniper’s dormant Russian gas contracts may…

Russia does not rule out LNG exports stagnating in next 4 years

Reuters Reuters exclusively reported that Russia’s liquefied natural gas exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios – a sign that Western sanctions might be cramping Moscow’s energy plans. The post Russia does not rule out LNG exports stagnating in next 4 years appeared first on…

ECB set to order UniCredit to reduce Russia business

Reuters Reuters exclusively reported that the European Central Bank is poised to order Italy’s UniCredit to cut back its business with Russia as the regulator exerts pressure to choke off European financial ties with Moscow. The post ECB set to order UniCredit to reduce Russia business appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/ecb-set-to-order-unicredit-to-reduce-russia-business/

Russia-Ukraine Black Sea shipping deal was almost reached last month

Reuters Reuters exclusively reported that Russia and Ukraine negotiated for two months with Turkey on a deal to ensure the safety of shipping in the Black Sea and reached an agreement on a text that was to be announced by Ankara but Kyiv suddenly pulled out. The post Russia-Ukraine Black Sea shipping deal was almost…

EU’s new tech laws are working – small browsers gain market share

Reuters Reuters exclusively reported that Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet’s Google, Microsoft and Apple to make it easier for users to switch to rivals. The post EU’s new tech laws are working – small browsers gain market share…

Activist investor Amber Capital backs MFE’s push for changes at ProSieben

Reuters Reuters exclusively reported on Amber Capital backing a proposal to break up ProSiebenSat.1 made by the German broadcaster’s top investor MFE-MediaForEurope. Amber is the first significant investor to publicly support the proposal, which will be put to a shareholder vote later this month. The post Activist investor Amber Capital backs MFE’s push for changes…