Category: Uncategorized
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…
Read MoreHitachi 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…
Read MoreEU 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 …
Read MoreSiemens 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/
Read MoreOPEC 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…
Read MoreUK 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/
Read MoreDeutsche 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/
Read MoreItaly 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…
Read MoreEdwards 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…
Read MoreSterling 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…
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