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Spain’s Criteria drops takeover plan for Naturgy with Abu Dhabi’s TAQA

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Macron’s shock election call rocks euro and French markets

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AI is sole focus at Apple’s annual conference

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Tesla turns to Musk’s small shareholder fans to back $56 billion payday

Nokia CEO makes world’s first ‘immersive’ phone call
Date: June 10, 2024
Nokia CEO makes world’s first ‘immersive’ phone call By Supantha Mukherjee STOCKHOLM (Reuters) – Nokia CEO Pekka Lundmark made a phone call using a new technology called “immersive audio and video” that improves the quality of a call with three-dimensional sound, making interactions more lifelike, the company said on Monday. “We have demonstrated the future...

Exclusive-BP tightens workplace relationships policy after Looney dismissal
Date: June 10, 2024
Exclusive-BP tightens workplace relationships policy after Looney dismissal By Sarah McFarlane, Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – BP employees must disclose any intimate relationships with colleagues or risk losing their jobs, the oil major told staff in a policy update, following the sacking of former CEO Bernard Looney for failing to do so....

Shein’s pre-IPO charm offensive hits roadblocks in Europe
Date: June 10, 2024
Shein’s pre-IPO charm offensive hits roadblocks in Europe By Helen Reid and James Davey LONDON (Reuters) -As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe’s retail industry and lawmakers. As citizens of 27 countries vote in European Union elections, European manufacturers of fabric, clothes, leather...

Euro falls in warning sign for markets after Macron calls snap France vote
Date: June 10, 2024
Euro falls in warning sign for markets after Macron calls snap France vote By Dhara Ranasinghe LONDON/SINGAPORE (Reuters) -The euro skidded while stock and bond futures slipped on Monday, as French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right. The euro fell 0.3% in early-morning...

UK job market on its way back after downturn, recruiters say
Date: June 10, 2024
UK job market on its way back after downturn, recruiters say LONDON (Reuters) – A fall in permanent hiring by employers in Britain was its least severe in more than a year in May and the recruitment market appears to be poised for a recovery, an industry survey showed on Monday. In a report that...

Global stocks dip, Treasuries flail as strong jobs data douses Fed cut hopes
Date: June 7, 2024
Global stocks dip, Treasuries flail as strong jobs data douses Fed cut hopes By Naomi Rovnick and Koh Gui Qing NEW YORK/LONDON (Reuters) -Global stocks pulled back from an all-time high on Friday after surprisingly strong U.S. monthly jobs data dimmed hopes that the Federal Reserve would soon follow euro zone and Canadian interest rate...
