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CVS explores options including potential break-up, sources say
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All smiles, Prince Harry returns to the UK for children’s charity event
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Germany reports outbreak of H5N1 bird flu on a farm
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Big banks add October cut to ECB forecasts
Labour’s move to tax private education leaves Britain divided
Date: September 30, 2024
By Sarah Young MALVERN, England (Reuters) – Mark Manwaring-White, 67, had been hoping to retire but a policy introduced by Britain’s new Labour government means his daughter’s school fees could rise by 20%. So instead, he’ll keep working. The removal of a tax exemption for private schools from January is an important part of...
Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say
Date: September 30, 2024
(Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei Technologies, said three people familiar with the matter, as U.S. curbs turn the social media giant homeward in search of chips. ByteDance has diversified to domestic suppliers of chips used in artificial intelligence and accelerated...
Spotify back up after outage hits over 40,000 users
Date: September 30, 2024
(Reuters) -Audio streaming platform Spotify was back up after an approximate three-hour-long outage on Sunday, which at its peak impacted more than 40,000 users in the United States, according to Downdetector.com. Downdetector, which tracks outages through a range of sources including user reports, reported less than 600 users were still having issues in the...
Oil steady but on track for weekly drop on firmer supply outlook
Date: September 27, 2024
By Paul Carsten LONDON (Reuters) -Oil prices held on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China. Brent crude futures were up 8 cents, 0.1%, at $71.68 per barrel, as of 0840...
Moncler CEO strengthens grip on company with LVMH deal
Date: September 27, 2024
By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will partner with Ruffini to fund an expanded investment in the Italian company. The deal also strengthens French group LVMH’s dominance of the global luxury...
Exclusive-African countries eye world’s first joint ‘debt-for-nature’ swap
Date: September 27, 2024
LONDON (Reuters) – At least five African countries are working on what could be the world’s first joint “debt-for-nature” swap to raise at least $2 billion to protect a coral-rich swathe of Indian Ocean, according to a global conservation group. Debt-for-nature deals are becoming increasingly popular for poorer nations to pay for conservation. Bonds...