• 11/25/2024

Swiss 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.…

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Top 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…

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EU 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…

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EDF 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/

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G7 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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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…

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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 …

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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/

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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…

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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/

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