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Deloitte announces intent to acquire data and digital transformation specialists Etain, creating Northern Ireland’s largest AI and data practice
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The Challenges of Governance and Compliance in a Data-Driven Economy
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Ukraine’s UIA loses insurance cover for some planes in Ukrainian airspace
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Cycling-Cavendish survives Tour of Oman crash with ‘just some bruising’
Italy’s Intesa Sanpaolo teams up with Thought Machine in digital push
Date: February 15, 2022
By Valentina Za MILAN (Reuters) -Intesa Sanpaolo, Italy’s biggest lender, is investing in British banking software maker Thought Machine after picking its application to run Intesa’s new digital bank, Intesa said on Monday. Under a four-year strategy it unveiled on Feb. 4, Intesa will launch Isybank, a digital-only service targeting 4 million customers under 40...
In shadow of KKR approach, Telecom Italia presses ahead with alternative plan
Date: February 15, 2022
By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) directors discussed on Monday an overhaul of Italy’s biggest telecoms group, as newly appointed Chief Executive Pietro Labriola draws up an alternative to a takeover bid by U.S. fund KKR. TIM must find a way to shore up its business after a string of profit warnings last...
Tesla’s Musk donated 5,044,000 shares to charity – SEC filing
Date: February 15, 2022
San Francisco (Reuters) – Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from Nov. 19 to Nov. 29 last year, its filing with U.S. Securities and Exchange Commission showed on Monday. (Reporting by Hyunjoo Jin; Editing by Kim Coghill)...
Johnson & Johnson defends talc bankruptcy strategy called ‘rotten’ by cancer plaintiffs
Date: February 15, 2022
By Dietrich Knauth (Reuters) – A Johnson & Johnson subsidiary came under attack in court on Monday for attempting to use the bankruptcy process to resolve tens of thousands of claims that its baby powder and other talc-based products caused cancer. The subsidiary, LTL Management, is fighting to remain in bankruptcy, arguing that is the...
Auction Property Sales Prove Popular House Prices Remain Impossibly High
Date: February 11, 2022
Record-high property values continue to price millions of would-be buyers entirely out of the market. Across all regions of the UK, most types of properties are hovering at their highest average prices since records began. Bargain hunters are setting their sights on alternative routes to affordable home purchase. Auction property sales in particular are proving...
Deliveroo to trial ‘Hop’ rapid delivery with Waitrose
Date: February 11, 2022
LONDON (Reuters) – Deliveroo will trial its “Deliveroo Hop” rapid grocery service with supermarket Waitrose, with a delivery-only store opening in Bermondsey, London, later this month, Waitrose said on Thursday. Waitrose has an existing partnership with Deliveroo to deliver food from 150 Waitrose shops across Britain. The “Hop” service will cut delivery times to as...