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As deadly Greek rainstorm ebbs, a trail of devastation emerges
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London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle
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German inflation eases to 6.4% in August
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Bank of England is ‘much nearer’ to peak interest rates, Bailey says
London stocks extend losses on global economic gloom, WH Smith slides
Date: September 6, 2023
London stocks extend losses on global economic gloom, WH Smith slides By Khushi Singh and Siddarth S (Reuters) – Britain’s FTSE 100 edged lower on Wednesday as recent economic data from U.S. and Europe continued to dampen global sentiment, while WH Smith led midcaps lower as the retailer fell short of a recently raised profit...
Inditex’s Zara to launch its second-hand platform in France on Sept 7
Date: September 6, 2023
Inditex’s Zara to launch its second-hand platform in France on Sept 7 MADRID (Reuters) – Spanish fashion retailer Zara will expand its service to sell, repair or donate second-hand clothes in France from Thursday, its owner Inditex said on Wednesday. The service, which will be available through Zara’s stores, its website and a mobile app,...
Siemens to invest $30 million to train U.S. EV charger technicians
Date: September 6, 2023
Siemens to invest $30 million to train U.S. EV charger technicians By Paul Lienert Sep 6 (Reuters) – The Siemens Foundation said on Wednesday it will make a $30-million, 10-year investment in workforce development in the United States focused on the fast-growing electric vehicle charging sector where tens of thousands of workers will be needed...
Explainer-Behind the Disney-Charter dispute over the future of TV
Date: September 6, 2023
Explainer-Behind the Disney-Charter dispute over the future of TV By Dawn Chmielewski and Lisa Richwine (Reuters) – Charter Communications, one of the biggest cable companies in the United States, is locked in a battle with Walt Disney in a distribution dispute that may shape the future of television in the streaming era. ESPN, ABC and...
Swimming-Peaty plays down bust-up with Olympic team mate Greenbank
Date: September 6, 2023
Swimming-Peaty plays down bust-up with Olympic team mate Greenbank LONDON (Reuters) -Britain’s triple Olympic gold medallist Adam Peaty played down on Tuesday a training camp clash with team mate Luke Greenbank that left him with a cut over his left eye. According to the Sun newspaper, the incident occurred after the 28-year-old 50 and 100...
Saudi Arabia’s STC Group to become Telefonica top shareholder with 9.9% stake
Date: September 6, 2023
Saudi Arabia’s STC Group to become Telefonica top shareholder with 9.9% stake By Andres Gonzalez, Amy-Jo Crowley, Pablo Mayo Cerqueiro and Hadeel Al Sayegh LONDON/DUBAI (Reuters) -Saudi Arabia’s STC Group has amassed a 9.9% stake in Telefonica worth 2.1 billion euros ($2.25 billion), in a move to become the Spanish telecom giant’s top shareholder. STC,...