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Exclusive-G7 to discuss four versions of Russian diamond ban this week- sources
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Oil up about 2% on big US crude storage draw, Middle East tension
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Britain aims for global leadership role with AI safety summit
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ECB starts preparation for digital euro in multi-year project
ASML warns of flat 2024 sales as chipmakers slow orders
Date: October 18, 2023
ASML warns of flat 2024 sales as chipmakers slow orders By Toby Sterling AMSTERDAM (Reuters) – Semiconductor equipment maker ASML Holding NV reported lower-than-expected orders on Wednesday and warned of flat sales next year as customers conserve cash against an uncertain economic backdrop, hitting its shares. Europe’s largest technology firm said the semiconductor industry was...
Ad sales for Paris Olympics pace ahead of previous Games, NBCUniversal says
Date: October 18, 2023
Ad sales for Paris Olympics pace ahead of previous Games, NBCUniversal says By Helen Coster NEW YORK (Reuters) – Total advertising sales for the Paris 2024 Summer Olympic and Paralympic Games are pacing ahead of where each of NBCUniversal’s previous Olympic and Paralympic Games were at this point in time, Dan Lovinger, NBCUniversal’s president of...
UK mobile operator EE eyes growth with new retail platform
Date: October 18, 2023
UK mobile operator EE eyes growth with new retail platform LONDON (Reuters) – EE, Britain’s biggest mobile operator, on Wednesday announced the launch of a sales platform called EE ID that will offer gaming consoles and other electronics to its customers and others. In Britain’s mature mobile market, where EE, owned by UK telecoms giant...
China’s Nio considers tapping dealers to boost EV sales in Europe – sources
Date: October 18, 2023
China’s Nio considers tapping dealers to boost EV sales in Europe – sources SHANGHAI (Reuters) -Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, three sources familiar with the matter said, even as China’s EVs face potential tariffs in the region. Nio, an aspiring rival to...
CVC looking at Nexi but no bid in the works-source
Date: October 18, 2023
CVC looking at Nexi but no bid in the works-source By Elisa Anzolin and Valentina Za MILAN (Reuters) -A potential deal targeting Italian payments group Nexi is one of several options being studied by CVC Capital Partners, but the private equity firm is not preparing to file an offer, a source close to CVC said...
Automakers blast US plan to hike fuel efficiency rules
Date: October 17, 2023
Automakers blast US plan to hike fuel efficiency rules By David Shepardson WASHINGTON (Reuters) -A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers on Monday sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements. The Alliance for Automotive Innovation said the National Highway Traffic Safety Administration’s (NHTSA)...