Collapses for second time in three years 276 workers made redundant by administrators About 75,000 customers had future bookings Hurt by delayed delivery of aircraft Rivals seeing rebounding demand LONDON, Jan 28 (Reuters) – British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights canceled and 276 …
UK regional airline Flybe ceases trading, cancels all flights Read More »
BRUSSELS, Jan 26 (Reuters) – Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft’s (MSFT.O) $69 billion bid for “Call of Duty” maker Activision Blizzard (ATVI.O), a person familiar with the matter said on Thursday. The meeting came as the EU competition watchdog prepares to warn Microsoft this …
Sony’s gaming chief met EU’s Vestager on Microsoft’s Activision deal -source Read More »
To cut around 2.5% of global workforce Sees 300-350 mln euros savings run-rate in 2024 SAP exploring sale of 71% stake in Qualtrics BERLIN/STOCKHOLM, Jan 26 (Reuters) – SAP (SAPG.DE) said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce, and explore the sale of its remaining stake in Qualtrics, …
SAP to cut 3,000 jobs, explore Qualtrics stake sale Read More »
Brent, US crude hit highest since early December G7 seeks two price caps for Russian oil products India’s crude imports hit 5-month high in December NEW YORK, Jan 23 (Reuters) – Oil prices rose by around 1% on Monday to a seven-week high, extending last week’s gains on the back of a stronger outlook thanks …
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WASHINGTON, Jan 23 (Reuters) – Once the stuff of science fiction, lab-grown meat could become reality in some restaurants in the United States as early as this year. Executives at cultivated meat companies are optimistic that meat grown in massive steel vats could be on the menu within months after one company won the go-ahead …
Lab-grown meat moves closer to American dinner plates Read More »
Wall Street stocks end down dollar down vs yen Oil prices up NEW YORK, Jan 19 (Reuters) – World stocks fell on Thursday and US benchmark 10-year Treasury yields bounced up off of four-month lows, as worries mounted that an aggressive stance by central banks could push the global economy into a slowdown. Wall Street …
Stocks fall, yields up; economic slowdown worries mount Read More »
NEW DELHI, Jan 20 (Reuters) – Startups in India cheered a decision by the Supreme Court on Thursday to uphold an antitrust order that forces Google to change how it runs its popular Android platform, saying the ruling would open the market for rivals and boost competition. The Competition Commission of India (CCI) ordered Google …
Indian startups rejoice as Android ruling against Google upheld Read More »
India’s top court refuses to block Android antitrust ruling Google may need to review Android business model in India Court extends implementation date of Indian order by a week Google has said India order could stall Android growth NEW DELHI, Jan 20 (Reuters) – Google on Thursday lost its fight in India’s Supreme Court to …
Google loses bid to block Indian Android antitrust ruling in major setback Read More »
DAVOS, Switzerland, Jan 18 (Reuters) – Moderna (MRNA.O) chief executive Stephane Bancel said on Wednesday the US company was in active discussions to supply COVID-19 vaccines to China. Speaking to Reuters on the sidelines of the World Economic Forum annual meeting in Davos, he said the talks with Beijing also covered the topic of factories, …
Davos 2023: Moderna CEO in talks with China to supply COVID vaccines Read More »
40% of ECB staff has low or no trust Two-thirds say confidence is damaged 63% worried about ECB’s ability to protect purchasing power FRANKFURT, Jan 18 (Reuters) – (This Jan. 17 story has been corrected to restore the dropped words in paragraph 11) European Central Bank staff are losing confidence in the institution’s leadership following …
Exclusive: ECB union says staff losing faith in leadership over inflation, share Read More »