20

Jan

Intel CEO: new chip plant decision by year-end, not sure to be in Italy

MILAN, Jan 20 (Reuters) - Intel sees Italy as only one of several countries being considered to host a new chip plant and a decision should be reached by the…

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20

Jan

UPDATED: Google parent to lay off 12,000 workers – memo

By Jeffrey Dastin Jan 20 (Reuters) - Alphabet Inc is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters. The cuts mark the latest to shake the technology…

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20

Jan

Amazon to hike prices of some music subscription plans from February

 (Reuters) - E-commerce giant Amazon.com Inc said it will increase the prices of some of its music subscription plans from February. The price of Amazon Music's 'Unlimited Individual Plan' will…

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20

Jan

UPDATED: UK’s De La Rue flags ‘implicated’ activities in India probe

Jan 20 (Reuters) - Banknote printer De La Rue said on Friday it had learnt that activities by the group in India prior to 2016 have been implicated in a…

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19

Jan

Ladbrokes owner Entain accelerates plan to exit unregulated markets

(Reuters) - Entain  said it would speed up its plans to exit a number of unregulated markets by the end of the year, as the British gambling firm aims to…

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19

Jan

Argos to close Irish stores

LONDON, Jan 19 (Reuters) - British supermarket group Sainsbury's .L said on Thursday its Argos general merchandise business will exit the Irish market, closing its 34 stores there and impacting…

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19

Jan

Premier Foods puts 300 jobs at risk with plans to shut UK factory

Premier Foods' Q3 sales rise 12% Group plans to close manufacturing site, 300 jobs at risk Retains full-year outlook By Muhammed Husain Jan 19 (Reuters) - Premier Foods PFD.L plans…

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19

Jan

ITA-Lufthansa deal sparks further airline merger talk

Sector consolidation could bolster balance sheets, analysts say TAP, easyJet and SAS among potential targets Airlines remain cautious in tough market, some executives say By Joanna Plucinska and Ilona Wissenbach…

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19

Jan

Britain’s Royal Mail begins moving some export parcels after cyber incident

LONDON, (Reuters) - Britain's Royal Mail said it had begun moving limited volumes of export parcels as it trials "operational workarounds", after a cyber incident severely disrupted its international export…

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18

Jan

Aldi UK raises pay for warehouse workers

LONDON, Jan 18 (Reuters) - The British arm of German discounter Aldi will increase pay rates for around 7,000 warehouse workers from next month, a third rise since January 2022,…

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18

Jan

‘World of Warcraft’ battle heats up as NetEase rejects Blizzard offer

By Josh Ye HONG KONG, Jan 18 (Reuters) - Chinese games publisher NetEase Inc said on Wednesday it has rejected a proposal from Activision Blizzard Inc to extend their long-time…

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18

Jan

Apple indefinitely postpones launch of AR glasses – Bloomberg News

(Reuters) - Apple Inc has postponed the launch of its lightweight augmented-reality glasses indefinitely due to technical challenges, but is still planning to unveil its first mixed-reality headset this year,…

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18

Jan

Crypto exchange Coinbase says it will halt Japan operations

Jan 18 (Reuters) - Cryptocurrency exchange Coinbase Global Inc on Wednesday said it will halt operations in Japan due to volatile market conditions. All Coinbase Japan customers will have until…

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18

Jan

Amazon will not cut jobs in Italy, unions say

MILAN  (Reuters) - Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said after a video meeting with a company…

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18

Jan

GO Introduces Narrowband IoT To All Its Mobile Networks

GO’s IoT solutions are now more improved thanks to its newly launched Narrowband-IOT nationwide network, which allows businesses to not only improve their operational efficiency, but become greener too, because…

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18

Jan

India’s Maruti Suzuki to recall 17,362 vehicles on possible airbag controller defect

BENGALURU, Jan 18 (Reuters) - India's top carmaker Maruti Suzuki MRTI.NS on Wednesday said it is recalling 17,362 vehicles manufactured between Dec. 8, 2022 and Jan. 12, 2023 over a…

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16

Jan

UPDATED: Britain’s M&S to open 20 new bigger stores

LONDON, Jan 16 (Reuters) - British clothing and food retailer Marks & Spencer MKS.L said on Monday it planned to open 20 new bigger stores in its 2023-24 financial year…

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15

Jan

Ryanair CEO sees high single digit air fare rise in ‘very strong’ summer

Ryanair CEO sees European short-haul fares rising Ryanair still concerned about COVID, Ukraine war risks CEO says China's reopening might drive up oil prices No repeat of staff shortages at…

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14

Jan

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources

LONDON  (Reuters) - Fintech firm Revolut Ltd. is close to finalising its long-overdue 2021 financial accounts, a move that could pave the way for the start-up to obtain a UK…

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13

Jan

Enel could win 5 bln euros of EU investment funding, CEO tells paper

MILAN, Jan 13 (Reuters) - Italian power utility Enel could secure up to 5 billion euros ($5.4 billion) for investment from REPower EU energy funds in addition to 3.5 billion…

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13

Jan

Apple boss Tim Cook to have pay cut by over 40% this year

Apple chief executive Tim Cook will see his annual pay package slashed by more than 40% this year. The technology giant says Mr Cook requested the cut after criticism from…

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13

Jan

Tesla slashes prices in U.S., Europe to drive demand

Tesla cuts prices in U.S., Europe by up to 20% Move follows price cuts across Asia last week Some models now qualify for U.S. tax credits Model 3 price in…

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13

Jan

Shopee to close its Polish operations on Friday

 (Reuters) - Southeast Asia's largest e-commerce firm Shopee will close its Polish operations from the end of Friday, Shopee Polska announced on its website. "The fact itself is perhaps not…

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13

Jan

Vodafone plans hundreds of job cuts to rein in costs – FT

Jan 13 (Reuters) - Vodafone Group Plc is planning to shed several hundred jobs, most of which are located at its London headquarters, the Financial Times reported on Friday, citing…

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12

Jan

ASOS identifies cost savings after Christmas sales slide

Revenues down 3% in four months to end of Dec. UK sales down 8% Sees 300 mln stg in cost saving measures Shares rise 14% By Sarah Young LONDON, Jan…

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12

Jan

Microsoft and Viasat announce new partnership to deliver internet access to underserved communities globally

Microsoft Corp. and Viasat announced a new partnership to help deliver internet access to 10 million people around the globe, including 5 million across Africa. Viasat, a global communications company,…

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12

Jan

Crypto exchange Binance registers in Sweden

STOCKHOLM, Jan 12 (Reuters) - Sweden's financial watchdog said on Thursday it had registered crypto exchange Binance this week as a financial institute in the country. The registration allows Binance…

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12

Jan

Ryanair denies wrongdoing in Italy antitrust probe over Sicily flights

ROME, Jan 12 (Reuters) - Ryanair has not engaged in any price-fixing for flights in and out of Sicily, the low cost airline said on Thursday, responding to a recent…

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12

Jan

Australian budget airline Bonza gets regulatory nod to begin flights

Jan 12 (Reuters) - Australian budget airline start-up Bonza said it received a nod from the country's civil aviation regulator to fly scheduled passenger flights, marking an entry for a…

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12

Jan

Mercedes to drop EQ product brand -Handelsblatt

BERLIN, Jan 12 (Reuters) - Mercedes-Benz MBGn.DE is set to drop the EQ product brand for battery-electric cars as soon as the next generation of compact cars, set to be…

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12

Jan

UPDATED: Royal Mail unable to despatch items abroad after ‘cyber incident’

Britain's Royal Mail said it was facing severe disruption to its international export services following what it described as "a cyber incident". "We are temporarily unable to despatch items to…

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12

Jan

Sandwich chain Subway eyes sale- source

(Reuters) - Sandwich chain Subway is exploring a sale of its business, a source told Reuters. The sale could value the sandwich chain at more than $10 billion, the Wall…

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11

Jan

Apco Ltd partners with Stromkind GmbH

Automation and security provider Apco Ltd has signed a partnership agreement with autonomous systems developer Stromkind GmbH to bring the latest drone technology to Malta. The partnership will allow Apco…

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10

Jan

Maltese Government and business partners in joint collaboration promoting energy efficiency

The Ministry for the Environment, Energy and Enterprise, together with Malta’s business partners, launched an information campaign promoting energy efficiency for businesses in Malta and Gozo. The campaign, ‘Be Efficient.…

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09

Jan

Lidl GB’s Christmas sales up 24.5% as shoppers seek savings

LONDON, Jan 9 (Reuters) - The British arm of German discount supermarket group Lidl said its sales rose 24.5% in the four weeks to Dec. 25 compared to the previous…

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09

Jan

Hungary signs deal to buy Vodafone’s Hungarian business

BUDAPEST, Jan 9 (Reuters) - Hungary's government and 4iG group signed a deal to purchase respective stakes of 49% and 51% in British Vodafone's Hungarian business for 660 billion forints…

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08

Jan

Microsoft to invest in autonomous trucking startup Gatik

By Krystal Hu and Joseph White (Reuters) - Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part of its cloud partnership with…

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08

Jan

Reports that Dell looks to phase out Chinese chips by 2024

(Reuters) - Dell Technologies Inc  plans to stop using China-made chips by 2024 and has told suppliers to reduce the amount of other made-in-China components in its products amid concerns…

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08

Jan

Twitter further cuts staff overseeing global content moderation

 (Reuters) - Twitter Inc made further staff cuts in the trust and safety team handling global content moderation and in the unit related to hate speech and harassment, Bloomberg news…

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05

Jan

Ryanair hikes full year profit forecast after strong Christmas season

Annual profit now could come close to 2018 peak Ryanair expects Oct-Dec profit to near 200 mln euro Seeing softening in some UK, Irish traffic, pricing By Padraic Halpin DUBLIN,…

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05

Jan

Britain says Channel 4 will not be sold

LONDON, Jan 5 (Reuters) - Britain on Thursday scrapped plans to sell the publicly-owned Channel 4 broadcaster, with the station instead gaining greater commercial flexibility to help secure its future. "After reviewing the business case and engaging with…

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05

Jan

GM reclaims U.S. auto sales crown from Toyota

By Nathan Gomes and Abhijith Ganapavaram (Reuters) - General Motors Co reclaimed the top spot in U.S. auto sales from rival Toyota Motor Corp in 2022 as it was able…

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05

Jan

Amazon CEO says job cuts to exceed 18,000 roles

By Jeffrey Dastin and Uday Sampath Kumar  (Reuters) - Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief…

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04

Jan

BMW more than doubles fully-electric vehicle sales in 2022

BERLIN, Jan 4 (Reuters) - The BMW Group more than doubled its fully-electric vehicle sales in 2022 and plans on raising the share of battery electric vehicles in total sales…

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04

Jan

Microsoft aims for AI-powered version of Bing

 (Reuters) - Microsoft Corp MSFTO is in the works to launch a version of its search engine Bing using the artificial intelligence behind OpenAI-launched chatbot ChatGPT, The Information reported on…

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04

Jan

Ryanair December traffic up 3% on pre-pandemic levels

DUBLIN, Jan 4 (Reuters) - Ryanair flew 11.5 million passengers in December, up 3% on its previous pre-COVID high for the Christmas travel period, Europe's largest airline by passenger numbers…

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02

Jan

Italy’s Eni sets up sustainable transport services company

MILAN, Jan 2 (Reuters) - Italian energy group Eni said on Monday it had set up a new company dedicated to sustainable transport, which would develop bio-refining, biomethane and offer…

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29

Dec

Turkish Airlines expects more than 88 million passengers in 2023

ISTANBUL, Dec 28 (Reuters) - Turkish Airlines carried just over 72 million passengers this year and sees that rising to more than 88 million next year, the chairman of the…

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29

Dec

Aeroflot boss calls for ‘state protectionism’ to defend Russian aviation

Dec 28 (Reuters) - The head of Russia's state-controlled airline Aeroflot called on the Russian government to "balance the interests" of Russian and foreign airlines in order to support the…

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26

Dec

Bloomberg has no interest in acquiring Dow Jones or Washington Post, spokesman says

 (Reuters) - Bloomberg L.P. has no interest in acquiring either Dow Jones or the Washington Post, a Bloomberg L.P. spokesman said in a tweet. "There have been no conversations with…

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23

Dec

Italy’s nationalists set to loosen grip on beloved airline with mooted Lufthansa deal

Italy passes decree to facilitate sale of ITA Airways Predecessor Alitalia considered national icon Deal could test nationalist agenda of Rome's rightist govt Analysts see merger with stronger rival as…

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23

Dec

Microsoft insists its $69 bln Activision deal would benefit gamers

 (Reuters) - Microsoft Corp said its $69 billion bid to buy "Call of Duty" maker Activision Blizzard would benefit gamers and gaming companies alike. Microsoft made the argument in a…

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23

Dec

UPDATED: Facebook parent Meta to pay $725 mln to settle lawsuit relating to Cambridge Analytica

By Nate Raymond Dec 23 (Reuters) - Facebook owner Meta Platforms Inc META.O has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of…

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22

Dec

Italy lays out conditions for ITA Airways sale, likely to Lufthansa

Italy working on full privatisation of state-owned carrier Lufthansa could buy minority stake via capital increase Industry sources value ITA at around 500 mln euros By Giuseppe Fonte and Angelo…

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21

Dec

Technology sparks ‘turning point’ for getting COVID vaccines to many more people across the globe

When COVID-19 vaccines began arriving in Ghana in 2021, authorities scrambled to get the life-saving doses to millions of people anxious to protect themselves and their families. They juggled purchase…

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20

Dec

Inspiring students to build a more peaceful world with Minecraft

Microsoft has just launched the “Active Citizen” project, an immersive Minecraft learning experience that aims to educate young people about Nobel Peace Prize laureates past and present, fostering an understanding…

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19

Dec

Microsoft to roll out ‘data boundary’ for EU customers from Jan. 1

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM, Dec 15 (Reuters) - Microsoft Corp MSFT.O said on Thursday its European Union cloud customers will be able to process and store parts…

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