top-stories
Top Stories
Continental to phase out activities at Gifhorn plant by end of 2027
Top Stories
UK house prices post biggest annual drop since 2011: Halifax
Top Stories
German economy faces uphill climb as industrial output falls
Top Stories
Telefonica sells controlling stake in Peruvian fibre optic network to KKR
Stocks squeal as borrowing costs return to banking crisis highs
Date: July 6, 2023
Stocks squeal as borrowing costs return to banking crisis highs By Marc Jones LONDON (Reuters) – World stocks fell for a third straight day on Thursday, as strong U.S. jobs data bolstered bets on another U.S. interest rate hike this month and tit-for-tat trade salvoes between China and the United States also dampened sentiment. Traders...
Metaverse has set off no alarms or need for controls yet – EU’s Vestager
Date: July 6, 2023
Metaverse has set off no alarms or need for controls yet – EU’s Vestager By Foo Yun Chee BRUSSELS (Reuters) -The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust chief Margrethe Vestager said on Thursday. An initiative...
Berlusconi leaves control of family business to two eldest children
Date: July 6, 2023
Berlusconi leaves control of family business to two eldest children By Elvira Pollina MILAN (Reuters) – Silvio Berlusconi’s eldest children Marina and Pier Silvio will jointly share majority control of the business empire he founded, a source familiar with the matter said on Thursday, after the former prime minister’s will was unsealed. Marina and Pier...
Travel agency Booking to defend ETraveli deal at July 7 EU hearing
Date: July 6, 2023
Travel agency Booking to defend ETraveli deal at July 7 EU hearing By Foo Yun Chee BRUSSELS (Reuters) – Online travel agency Booking Holdings will on Friday try to convince European Union antitrust regulators to allow its 1.63 billion euro ($1.8 billion) acquisition of Sweden’s Etraveli Group, despite concerns it could hurt competition. Booking announced...
Oil steadies as market digests supply and demand outlook
Date: July 6, 2023
Oil steadies as market digests supply and demand outlook By Natalie Grover LONDON (Reuters) -Oil prices were little changed on Thursday as the market digested tighter crude supply alongside fears of global economic slowdown. Brent crude futures edged up 29 cents to $76.94 a barrel by 0838 GMT after a 0.5% gain the previous day....
Meta takes aim at Twitter with Threads app, millions join
Date: July 6, 2023
Meta takes aim at Twitter with Threads app, millions join By Katie Paul NEW YORK (Reuters) -Meta Platforms on Wednesday launched a direct challenge to Twitter with Threads, garnering millions of users in hours as it sought to take advantage of its rival’s much-weakened state after a series of chaotic decisions from owner Elon...