Uncategorized – Page 8 – Prologue Journal

Hitachi set to win EU okay for $1.8 bln Thales deal

Reuters Reuters was first to report that Hitachi (6501.T) is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales’ (TCFP.PA) GTS railway signalling business on the condition it sells assets in France and Germany. The post Hitachi set to win EU okay for $1.8 bln Thales deal appeared first on…

EU push for Big Tech to fund 5G rollout shelved to 2025

Reuters Reuters exclusively reported that Europe’s telecoms operators pushing for Big Tech to help pay for the rollout of 5G and broadband will likely have to wait for the next European Commission to decide whether to propose rules to this end. The post EU push for Big Tech to fund 5G rollout shelved to 2025 …

Siemens Energy considers factory, office closures at wind division

Reuters Reuters was first to report that Siemens Energy (ENR1n.DE) is considering shutting down Siemens Gamesa factories and sales offices as part of a review aimed at reducing losses at the wind turbine business. The post Siemens Energy considers factory, office closures at wind division appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/siemens-energy-considers-factory-office-closures-at-wind-division/

OPEC raises oil demand view in long-term outlook

Reuters Reuters exclusively reported that OPEC has raised its medium- and long-term oil demand outlook in a forthcoming report, three OPEC sources said, despite the transition toward renewable energy, highlighting the oil exporting group’s more bullish view compared to other forecasters. The post OPEC raises oil demand view in long-term outlook appeared first on Reuters…

UK regulator to push for probe into Amazon, Microsoft cloud dominance

Reuters Reuters reported that British media regulator Ofcom will this week push for an antitrust investigation into Amazon (AMZN.O) and Microsoft’s (MSFT.O) dominance of the UK’s cloud computing market. The post UK regulator to push for probe into Amazon, Microsoft cloud dominance appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/uk-regulator-to-push-for-probe-into-amazon-microsoft-cloud-dominance/

Deutsche Boerse has started CEO search

Reuters Reuters exclusively reported that German stock exchange operator Deutsche Boerse (DB1Gn.DE) has begun the search for a new chief executive that includes both external as well as internal candidates. The post Deutsche Boerse has started CEO search appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/deutsche-boerse-has-started-ceo-search/

Italy hikes deficit targets as economic growth weakens

Reuters Reuters was first to report that the Italian government on Wednesday cut its growth forecasts for this year and next and hiked its budget deficit targets, as rising interest rates hurt the economy and costly green building incentives weigh on public finances. The post Italy hikes deficit targets as economic growth weakens appeared first…

Edwards Lifesciences cooperating with EU antitrust regulators

Reuters Reuters exclusively reported that US medical device maker Edwards Lifesciences, a global leader in its field, was the target of an EU antitrust raid a week ago on concerns that it may have abuse its market power. Shares in Edwards Lifesciences shed 2.5% in pre-market trade on the Reuters story. The company, which can…

Sterling down, UK bonds and stocks rally as inflation unexpectedly slows

Reuters Reuters reported that the Sterling fell to its lowest since late May, while UK government bonds and stocks rallied on Wednesday as data showing inflation slowed more than expected in August raised the possibility that the Bank of England could pause rate hikes this week. The post Sterling down, UK bonds and stocks rally…

Repsol challenges Venture Global LNG over failure to supply gas

Reuters Reuters was first to report that Spain’s Repsol SA (REP.MC) has asked an international tribunal to require U.S. gas exporter Venture Global LNG to fulfill its contract for liquefied natural gas or compensate it, according to two people familiar with the matter. The post Repsol challenges Venture Global LNG over failure to supply gas…