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Bourse operator ASX takes action for trading software’s operational reliability
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Dollar edges higher after larger-than-expected rise in May payrolls
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EU countries weaken nature law in hunt for deal -document
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Irish domestic economy returns to growth in first quarter
Elan Closs Stephens named BBC acting chair
Date: June 2, 2023
LONDON (Reuters) -Britain on Friday appointed BBC board member Elan Closs Stephens as the public broadcaster’s acting chair, replacing Richard Sharp who resigned in a cronyism row involving his links to former prime minister Boris Johnson. Closs Stephens, a member of the BBC’s governing body since 2010, will remain acting chair from June 27 for...
Volkswagen brings VW bus back to North American market after 20 years
Date: June 2, 2023
FRANKFURT (Reuters) – Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, the carmaker said on Friday, in what marks the reintroduction of the iconic model after a two-decade hiatus. The introduction of the fully electric ID. Buzz will also include an extra-long version that can seat up...
Vodafone faces German probe over suspected obstruction of 1&1
Date: June 2, 2023
BERLIN (Reuters) -Vodafone and its German subsidiary Vantage Towers are facing an antitrust investigation in Germany over concerns that it may have contributed to United Internet subsidiary 1&1’s sluggish roll-out of radio masts, the regulator said on Friday. “Powerful and dominant companies must not unfairly impede other companies. We will therefore scrutinise whether there are...
World food prices fall to two-year low in May – UN food agency
Date: June 2, 2023
PARIS (Reuters) -The United Nations food agency’s world price index fell in May to its lowest in two years, as a slump in prices of vegetable oils, cereals and dairy outweighed increases for sugar and meat. The Food and Agriculture Organization’s (FAO) price index, which tracks the most globally-traded food commodities, averaged 124.3 points in...
New Tiananmen museum opens in New York ahead of June 4 anniversary
Date: June 2, 2023
NEW YORK (Reuters) -The hope for a “free China” lives on in a new Manhattan museum dedicated to China’s 1989 suppression of pro-democracy demonstrations around Tiananmen Square, exhibit organizers said on Thursday ahead of the 34th anniversary of the crackdown. The June 4th Memorial Museum in New York will be the only such permanent exhibition...
U.S. regulation fears drive insurers’ climate alliance break-up
Date: June 2, 2023
LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed at tackling climate change is down to U.S. states being the industry’s primary regulator, interviews with industry executives and former officials show. The U.N.-backed Net-Zero Insurance Alliance (NZIA), formed in 2019 to get insurers to commit to reducing...