Category: Uncategorized
Amazon to win unconditional EU nod for iRobot deal
Reuters Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a few companies and big players leveraging their…
Read MoreGermany, France and Italy reach agreement on future AI regulation
Reuters Reuters exclusively reported that France, Germany and Italy have reached an agreement on how artificial intelligence should be regulated. The post Germany, France and Italy reach agreement on future AI regulation appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/germany-france-and-italy-reach-agreement-on-future-ai-regulation/
Read MoreBarclays explores deal for Tesco banking business
Reuters Reuters was first to report that Barclays (BARC.L) has been exploring a potential acquisition of Tesco’s (TSCO.L) banking operations. The post Barclays explores deal for Tesco banking business appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/barclays-explores-deal-for-tesco-banking-business/
Read MoreGerman court ruling could hit growth next year
Reuters Reuters exclusively reported that a German court ruling that forced Berlin to freeze 60 billion euros ($65 billion) in planned green investment spending could have a negative impact on growth in Europe’s biggest economy. The post German court ruling could hit growth next year appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/german-court-ruling-could-hit-growth-next-year/
Read MoreLilly to build $2.5 billion Germany plant as obesity drug demand soars
Reuters Reuters exclusively reported that Eli Lilly (LLY.N) will build its first plant in Germany in the western town of Alzey for 2.3 billion euros ($2.5 billion), the U.S. drugmaker said on Friday, as the sector scrambles to meet soaring demand for new diabetes and obesity therapies. The post Lilly to build $2.5 billion Germany…
Read MoreAdobe open to remedy discussions with EU on Figma deal
Reuters Reuters exclusively reported that Photoshop maker Adobe (ADBE.O) expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to resolve regulatory concerns. The post Adobe open to remedy discussions with EU on Figma deal appeared first on Reuters News Agency.…
Read MoreEU agrees mineral supply targets to cut reliance on China
Reuters Reuters exclusively reported that Negotiators for EU governments and lawmakers reached a deal on Monday on targets for domestic supply of critical minerals such as lithium and nickel to reduce its reliance on third countries, principally China. The European Commission proposed the Critical Raw Materials Act in March, a centrepiece of EU strategy to…
Read MoreSiemens Energy secures provisional deal for guarantees
Reuters Reuters exclusively reported that Siemens Energy had secured a provisional deal for around 15 billion euros in project-related guarantees from the German government, Siemens AG and commercial banks, marking a breakthrough for the energy equipment maker after weeks of intense discussions. The post Siemens Energy secures provisional deal for guarantees appeared first on Reuters…
Read MoreTelecom Italia approves KKR’s $20 billion grid bid in blow for Vivendi
Reuters Reuters exclusively reported that Telecom Italia (TIM) (TLIT.MI) on Sunday approved the 19-billion-euro ($20 billion) sale of its fixed-line network to U.S. private equity firm KKR (KKR.N), becoming the first telecoms group in a major European country to part ways with its landline grid. The post Telecom Italia approves KKR’s $20 billion grid bid…
Read MoreRussia’s Putin to stay in power past 2024
Reuters Reuters reported that Vladimir Putin has decided to run in the March presidential election, a move that will keep him in power until least 2030, as the Kremlin chief feels he must steer Russia through the most perilous period in decades. The post Russia’s Putin to stay in power past 2024 appeared first on…
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