Uncategorized – Page 6 – Prologue Journal

Austria stalls Russian sanctions over Raiffeisen blacklisting

Reuters Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. The post Austria stalls Russian sanctions over Raiffeisen blacklisting appeared first on Reuters…

Apple offers to let rivals access tap-and-go tech in EU antitrust case

Reuters Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a possible hefty fine. The EU competition enforcer last year charged Apple with curbing rivals’…

Thyssenkrupp may have to pay up to forge steel business deal

Reuters Reuters exclusively reported that German conglomerate Thyssenkrupp may need to hand over cash or keep hold of some pension liabilities to win Czech billionaire Daniel Kretinsky as a co-owner of its iconic steel business it is trying to divest. The post Thyssenkrupp may have to pay up to forge steel business deal appeared…

Britain, US sanction Russian hackers over years-long FSB cyberespionage campaign

Reuters Reuters exclusively reported that The British and U.S. governments imposed sanctions on two Russian hackers on Thursday for what Britain’s foreign office said was a sustained but failed attempt to interfere in politics by Russian cyber spies. A hacking group cybersecurity researchers dubbed “Cold River”, working on behalf of Russia’s Federal Security Service (FSB),…

Google pushes for antitrust action against Microsoft in UK cloud market

Reuters Reuters reported that Google (GOOGL.O) has called on Britain’s antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices had left rivals at a significant disadvantage. The post Google pushes for antitrust action against Microsoft in UK cloud market appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/google-pushes-for-antitrust-action-against-microsoft-in-uk-cloud-market/

ECB haunted by bond buys in Swedish property crisis

Reuters Reuters was first to report a debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’s now stricken real estate sector through its crisis-era bond buying. The post ECB haunted by bond buys…

Four banks quit initiative assessing climate targets

Reuters Reuters was first to report that Four major banks, including Standard Chartered Plc (STAN.L) and HSBC Plc (HSBA.L), have quit a United Nations-backed initiative to scrutinise climate targets set by corporations. The post Four banks quit initiative assessing climate targets appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/four-banks-quit-initiative-assessing-climate-targets/

Meta Platforms’ paid ad-free service targeted in Austrian privacy complaint

Reuters Reuters was first to report Meta Platforms’ (META.O) paid no-ads subscription service launched in Europe this month faced one of its biggest tests as advocacy group NOYB on Tuesday filed a complaint with an Austrian regulator, saying that it amounted to paying a fee to ensure privacy. The post Meta Platforms’ paid ad-free service…

Barclays working on $1.25 bln cost plan, could cut up to 2,000 jobs

Reuters Reuters was first to report that Barclays (BARC.L) is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank’s back office. The post Barclays working on $1.25 bln cost plan, could cut up to 2,000 jobs appeared first on…

Ukraine fuel stations face LPG shortages as Polish supplies blocked

Reuters Reuters was first to report that The ongoing blockade of Ukrainian border crossings by Polish drivers has led to a sharp drop in deliveries of motor vehicle gas (LPG) to Ukrainian petrol stations, many of which are experiencing fuel shortages. The post Ukraine fuel stations face LPG shortages as Polish supplies blocked appeared first…