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UK financial regulators to directly oversee cloud services
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Brothers at odds, but ruling family still holds key to Sri Lanka’s future
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Oil prices advance despite U.S. inventory rise
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Lavrov says onus is on Ukraine to de-mine ports to allow grain shipments
UK’s Aveva sees positive trends in energy and other markets
Date: June 8, 2022
By Paul Sandle LONDON (Reuters) -Britain’s Aveva said its key energy and power markets were showing positive trends, bolstering its confidence after the industrial software firm warned in April that growth would slow this year and its margin would be squeezed by higher costs. “A year back nobody was worried about the security of energy...
COVID vaccine rights waiver within reach, WTO chief says ahead of meeting
Date: June 8, 2022
By Emma Farge GENEVA (Reuters) -An international agreement on waiving intellectual property rights for COVID-19 vaccines is within reach ahead of a global trade meeting next week, the head of the World Trade Organization said on Wednesday. In a telephone interview, Director-General Ngozi Okonjo-Iweala also said an agreement could be reached on fishing subsidies in...
UK house-building slows to weakest since May 2020 – PMI
Date: June 8, 2022
By David Milliken LONDON (Reuters) – Construction of new homes in Britain almost ground to a halt last month as builders feared the cost-of-living squeeze and rising interest rates would constrain demand, a closely watched survey showed on Wednesday. May’s S&P Global/CIPS construction Purchasing Managers’ Index (PMI) fell to 56.4 in May from 58.2 in...
WalMart expands transportation partnerships with electric, hydrogen vehicle pilots
Date: June 8, 2022
By Tina Bellon and Siddharth Cavale (Reuters) – Retail giant Walmart Inc on Wednesday said it was expanding transportation pilots with manufacturers of electric, hydrogen and natural gas-powered vehicles, including Cummins Inc and Daimler Truck’s Freightliner. The partnerships, which are in addition to previously announced transportation tie-ups, are part of Walmart’s 2040 goal to achieve...
Ukraine and Russia: What you need to know right now
Date: June 8, 2022
(Reuters) – Ukraine’s army was holding out against a Russian assault in the city of Sievierodonetsk, its general staff said on Wednesday, while Russian troops were bringing more resources to the Donbas in a battle for control of the region. FIGHTING * Ukrainian forces may have to pull back to stronger positions in Sievierodonetsk but...
Tech firms request inclusion on Russia’s domestic software list -RBC
Date: June 8, 2022
(Reuters) – Russian online lender Tinkoff and e-commerce firm Ozon are among a handful of companies with some foreign ownership seeking government approval to participate in state tenders and access preferential tax rates, the RBC newspaper reported on Wednesday. Companies with more than 50% Russian ownership can be included on Russia’s register of domestic software,...