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Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks
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IAG agrees to buy 80% stake in Air Europa for 400 million euros
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Netflix cuts prices in some countries to boost subscriptions, shares drop
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Danish services group ISS sees organic growth of 4-6% in 2023
Getlink sees record earnings boosted by Eleclink and Eurotunnel traffic
Date: February 23, 2023
By Olivier Sorgho (Reuters) – France’s Getlink on Thursday forecast record core earnings for this year, after its new Eleclink unit and strong traffic across the Channel Tunnel helped it post a nearly threefold annual increase in profit. “We’re seeing a good start to the year on the passenger side,” CEO Yann Leriche told reporters...
AI-created images lose U.S. copyrights in test for new technology
Date: February 23, 2023
By Blake Brittain (Reuters) -Images in a graphic novel that were created using the artificial-intelligence system Midjourney should not have been granted copyright protection, the U.S. Copyright Office said in a letter seen by Reuters. “Zarya of the Dawn” author Kris Kashtanova is entitled to a copyright for the parts of the book Kashtanova wrote...
Hikma accuses Amarin of suppressing generic versions of heart pill
Date: February 23, 2023
By Brendan Pierson (Reuters) – Generic drugmaker Hikma Pharmaceuticals USA Inc has sued Amarin Pharma Inc, accusing it of using illegal tactics to delay generic competition for its heart drug Vascepa. In a complaint filed Tuesday in Trenton, New Jersey federal court, Hikma claimed that Amarin “deliberately and meticulously locked up the supply” of the...
ITA Airways averts strike after wage increase accord with unions
Date: February 23, 2023
ROME (Reuters) – Italian carrier ITA Airways reached a wage accord with unions on Wednesday, averting the threat of the first strike since it began flying in 2021. The agreement envisages a realignment of pay levels for ground and flight personnel with European airlines, Filt-Cgil union official Fabrizio Cuscito said in a statement. The company...
Microsoft inks Nvidia game deal to assuage regulators over Activision merger
Date: February 22, 2023
By Foo Yun Chee and Stephen Nellis BRUSSELS (Reuters) -Microsoft Corp has struck a 10-year deal to bring “Call of Duty” and other Activision games to Nvidia Corp’s gaming platform if the Xbox maker is allowed to complete its much-contested $69 billion acquisition of Activision. Regulators and competitors like Sony have come out hard against...
German minister: Next World Bank boss should be a woman
Date: February 22, 2023
BERLIN (Reuters) – The next World Bank president should be a woman, Germany’s international development minister told Reuters in remarks that could strengthen the potential candidacy of Ngozi Okonjo-Iweala, the American-Nigerian head of the World Trade Organization. Svenja Schulze, a party ally of Social Democrat Chancellor Olaf Scholz, casts the vote of Germany, one of...