Category: Uncategorized
Adobe 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…
Read MoreSwiss authorities, banks mull new rules to prevent bank runs
Reuters Reuters was first to report that Swiss authorities and lenders, including UBS (UBSG.S), are discussing new measures to prevent bank runs after Credit Suisse’s rescue earlier this year, a move that could affect billions in deposits. The post Swiss authorities, banks mull new rules to prevent bank runs appeared first on Reuters News Agency.…
Read MoreTop cycling teams explore creating new league
Reuters Reuters exclusively reported on Wednesday evening that major European cycling teams have been exploring plans to create a new competitive league in a move that could reshape the sport’s landscape and allocate more funding for participants. Reuters was first to reveal the possible shake up to the sport, some of the parties involved and…
Read MoreEU executive proposes methane emissions limit on gas imports
Reuters Reuters exclusively reported that the European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc’s international fossil fuel suppliers including the U.S. to cut leaks of the potent planet-warming gas. The post EU executive proposes methane emissions limit on gas imports appeared first…
Read MoreEDF price row sparks fears boss may resign
Reuters Reuters was first to report that Luc Remont’s future as head of France’s state-owned nuclear power giant EDF is in question due to an escalating row over future power prices, raising concern he may resign. The post EDF price row sparks fears boss may resign appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/edf-price-row-sparks-fears-boss-may-resign/
Read MoreG7 to discuss four versions of Russian diamond ban this week
Reuters Reuters exclusively reported that 7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from Jan. 1, from light-touch self-regulation to strict import measures, laying bare differences that explain why a ban has been so difficult to agree for more than a year. The post G7 to discuss four…
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