17

Dec

UPDATE – Elon Musk restores Twitter accounts of journalists but concerns persist

Dec 17 (Reuters) - Elon Musk reinstated the Twitter accounts of several journalists that were suspended for a day over a controversy on publishing public data about the billionaire's plane. The reinstatements…

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16

Dec

Apple plans to let rival app stores on iPhones in EU

By Paresh Dave (Reuters) - Apple Inc is preparing to allow alternative app stores on its iPhones and iPads in the European Union as soon as late next year to…

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15

Dec

Microsoft targets internet expansion in Africa, longer-term cloud adoption

By Jeffrey Dastin  (Reuters) - Microsoft Corp aims to secure internet access for 100 million more people in Africa by 2025, teaming up with a satellite provider and setting the…

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15

Dec

HSBC’s disgruntled shareholders launch new campaign for spinoff

By Selena Li HONG KONG, Dec 15 (Reuters) - A small group of HSBC's Hong Kong-based retail investors are seeking support to put a resolution to the bank's 2023 annual…

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14

Dec

HSBC to stop funding new oil and gas fields

By Lawrence White LONDON, Dec 14 (Reuters) - HSBC will no longer provide new lending or capital markets finance for new oil and gas fields, the British bank said on…

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12

Dec

Microsoft to buy 4% stake in London Stock Exchange

(Reuters) -Microsoft is to take a 4% equity stake in London Stock Exchange Group as part of a 10-year commercial deal to migrate the exchange operator's data platform into the…

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09

Dec

ITA and Lufthansa executives met ahead of possible sale

BERLIN, Dec 9 (Reuters) - ITA Airways Chairman Antonino Turicchi met Lufthansa Chief Executive Carsten Spohr this week as Italy's government aims to sign a preliminary agreement for the sale…

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08

Dec

Microsoft to bring Call of Duty to Nintendo, Sony on the spot

TOKYO (Reuters) - Microsoft has entered into a 10-year commitment to bring the gaming title "Call of Duty" to Nintendo platforms, the chief executive officer of Microsoft Gaming, Phil Spencer,…

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08

Dec

SWISS airline cabin crew to get pay rises of up to 18%

ZURICH, Dec 8 (Reuters) - Cabin crew at airline SWISS will get pay rises of 4% to 18% under a new five-year contract agreed at the unit of Deutsche Lufthansa,…

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08

Dec

Nutella maker Ferrero scoops up US ice cream giant Wells

MILAN  (Reuters) - Italy's Ferrero has agreed to buy U.S. based Wells Enterprises, which makes several ice creams brands including Blue Bunny, Bomb Pop and Halo Top, the maker of…

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04

Dec

Microsoft CEO Nadella believes cloud business growth to continue

Microsoft CEO Satya Nadella said he believes the company can continue to grow despite growing concerns about a global economic slowdown. In an exclusive interview with Nikkei Asia, Nadella noted…

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04

Dec

Italy would ideally need 4 new LNG terminals, Eni head says

MILAN  (Reuters) - Italy needs to significantly increase its liquefied natural gas (LNG) import capacity, the chief executive of Eni said, adding that the country would ideally need four new…

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04

Dec

Britain’s John Lewis to turn stores into homes

LONDON  (Reuters) - British retailer the John Lewis Partnership is to turn some of its stores and a vacant warehouse into homes via a 500 million pound ($611 million) joint…

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03

Dec

Harmful content on Twitter surges

By Katie Paul and Sheila Dang (Reuters) - Elon Musk's Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring restrictions on distribution…

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03

Dec

Heathrow faces pre-Christmas baggage handlers strike

Pre-Christmas travellers using Heathrow airport later this month face disruption after baggage handlers voted to strike from 16 December. The 72-hour strike action will affect flights operated by 10 major…

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03

Dec

New Xbox survey finds video games are shaking up holiday traditions

The end-of-the-year holiday season is a time filled with togetherness, cheer, and gift-giving. And this year, you can add video games to that list! A new survey from YouGov commissioned…

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02

Dec

UK regulator says Royal Mail cannot blame pandemic for delivery failures anymore

Dec 2 (Reuters) - Britain's communications regulator Ofcom said on Friday that Royal Mail had failed to meet several of its annual delivery targets for 2021-2022, warning the post and…

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02

Dec

UniCredit to pay bonus, replace 850 older branch staff in Italy

MILAN, Dec 2 (Reuters) - Italy's second-biggest bank UniCredit will give employees in Italy a one-off payment of 2,400 euros ($2,526) to reward productivity and help them to weather rising…

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02

Dec

EasyJet in talks with French unions to avert strike action

By Joanna Plucinska and Caroline Pailliez LONDON (Reuters) - British airline easyJet is expected to respond to demands for higher pay from French unions by early next week at the…

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29

Nov

Italy’s Enel signs deal on deferred energy bill payments

ROME, Nov 28 (Reuters) - Italian energy group Enel said on Monday it had struck a deal with state-owned credit agency SACE to facilitate deferred bill payments for its business…

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28

Nov

Lavazza agrees to buy France’s Maxicoffee

MILAN, Nov 28 (Reuters) - Italian coffee maker Lavazza said on Monday it had made a binding offer to acquire French coffee seller MaxiCoffee to strengthen its position in France…

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26

Nov

Louis Vuitton picks Shanghai for first furniture and homewares store

By Casey Hall SHANGHAI (Reuters) - Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand…

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25

Nov

Primark to invest 140 mln stg in UK stores over next two years

LONDON, Nov 25 (Reuters) - British fashion chain Primark set out plans to invest 140 million pounds ($169 million) in its UK store estate over the next two years, betting…

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25

Nov

Italy could sell majority of ITA to Lufthansa-FS consortium

MILAN, (Reuters) - Italy's government is studying the possibility of selling the majority of ITA Airways to a consortium that could include Germany's Lufthansa and state-owned railways group Ferrovie dello…

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25

Nov

Amazon workers called to strike across globe on Black Friday

BERLIN, Nov 25 (Reuters) - Workers at Amazon sites across the globe, including in the United States, Germany and France, were expected to go on strike on Black Friday, targeting…

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24

Nov

Oil slips as price cap proposal eases supply concerns

Nov 24 (Reuters) - Oil prices edged lower on Thursday, hovering around two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how much it…

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24

Nov

Malta Development Bank launches €180m in new schemes for businesses

The Malta Develoment Bank (MDB) has launched two new schemes offering favourable financing which will facilitate investment of up to €180 million in the Maltese economy. The first scheme, the…

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23

Nov

UK’s De La Rue says annual profit to miss estimates

Nov 23 (Reuters) - Banknote printer De La Rue Plc DLAR.L warned on Wednesday that annual profit would miss market estimates and reported a plunge in half-year results due to subdued currency markets as…

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22

Nov

Liquigas delivers more than 8 million cylinders filled by Gasco Energy Ltd in past decade of operations

During the last ten years of operations, Gasco Energy Ltd, the operator of the leading LPG facility in Malta, has filled more than 8.5 million green cylinders owned and distributed…

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21

Nov

JP Morgan remains world’s biggest systemically important bank

LONDON, Nov 21 (Reuters) - JP Morgan remains the world's most systemically important bank according to the latest rankings from the G20's Financial Stability Board published on Monday. The FSB…

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21

Nov

Finnair cuts 150 jobs

OSLO, Nov 21 (Reuters) - Finland's national carrier Finnair FIA1S.HE said on Monday it will cut around 150 jobs, of which 90 are in its home country, as part of…

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21

Nov

Eurowings to double fleet at Berlin airport

BERLIN, Nov 21 (Reuters) - Eurowings is doubling its fleet at Berlin's airport and expanding its flight programme, said the Lufthansa LHAG.DE subsidiary's head Jens Bischof on Monday, filling a…

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21

Nov

Nestle’s Nespresso to sell paper-based compostable coffee pods

ZURICH, Nov 21 (Reuters) - Nestle's Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss packaged food giant's metal ones, which despite being…

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21

Nov

Lufthansa launches drive to hire 20,000 employees

BERLIN, Nov 21 (Reuters) - Deutsche Lufthansa said it planned to hire 20,000 new employees as the German flagship airline launched a recruitment campaign on Monday, with job openings in…

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21

Nov

Bob Iger returning to Disney as CEO for two years

By Lisa Richwine and Dawn Chmielewski LOS ANGELES, Nov 21  (Reuters) - Former Walt Disney Co Chief Executive Bob Iger is returning to the media company as CEO less than…

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20

Nov

Burberry’s London stores lose out as tourists head to tax-free Paris, Milan

LONDON (Reuters) - London is losing out to Paris and Milan as a tourist destination for high-spending shoppers over the lack of a tax incentive, British luxury brand Burberry said,…

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20

Nov

Lufthansa still interested in buying into ITA Airways

BERLIN  (Reuters) - Lufthansa  is still interested in buying into state-controlled Italian carrier ITA Airways, a spokesman said, despite reports that its original partner in the mooted deal had pulled…

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20

Nov

Airbnb says single-room listings jump amid cost-of-living crisis

By Abhijith Ganapavaram  (Reuters) - Airbnb Inc said this week it had recorded a "disproportionate" 31% rise in single-room listings on its platform in the third quarter, as more people…

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19

Nov

Unilever leads pack on price rises as consumer goods industry squeezed

By Richa Naidu LONDON, (Reuters) - Unilever ULVR.L has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a replay of its strategy…

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19

Nov

Microsoft’s Satya Nadella says he is ‘very, very bullish’ on Asia

The CEO of Microsoft says he is bullish about Asia, especially China and India, as Microsoft plans to build more data centers around the world. “Absolutely. We’re very, very bullish…

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19

Nov

Elon Musk starts Twitter poll on whether to bring back Trump

By Hyunjoo Jin and Sheila Dang (Reuters) - Elon Musk started a Twitter poll late on Friday asking followers to vote on whether to reinstate former U.S. President Donald Trump's…

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18

Nov

As recession bites, Tesco offers UK staff pay advance

By James Davey and Sarah Young LONDON, Nov 18 (Reuters) - Tesco , one of Britain's largest private-sector employers, is offering its staff advances on their pay in the latest…

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18

Nov

Corporate tax reforms and need for compliance will top economic and business agenda in years ahead

Major corporate tax reforms and a continuous push for compliance will be an inevitable reality for the Maltese economy and businesses in the years ahead as international institutions seek new…

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18

Nov

Amazon layoffs to extend into 2023

 (Reuters) - Amazon.com Inc announced there would be more role reductions as its annual planning process extends into next year and leaders continue to make adjustments. "Those decisions will be…

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18

Nov

Deutsche Bank CEO warns of ‘danger’ of European reliance on foreign banks

FRANKFURT, Nov 18 (Reuters) - Deutsche Bank DBKGn.DE Chief Executive Christian Sewing on Friday warned of the "danger" of European reliance on foreign banks, equating the threat to the region's…

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17

Nov

Lockheed gets Microsoft classified cloud to speed work with Pentagon

By Mike Stone WASHINGTON, (Reuters) - Microsoft will provide Lockheed Martin with its first classified cloud as part of a three-year deal, executives said on Wednesday, making it easier for…

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17

Nov

MEA proposes 13 solutions to address skill shortages after extensive stakeholder consultation

The Malta Employers Association has put forward thirteen concrete solutions to address the current skills shortages affecting Maltese industry. MEA President Joanne Bondin explained how “we are currently experiencing a…

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17

Nov

Lidl GB says more shoppers switching to it as profit rises

LONDON, Nov 17 (Reuters) - The British arm of German discount supermarket Lidl on Thursday said more shoppers were switching to it from traditional grocers during the cost-of-living crunch as…

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16

Nov

Musk to relaunch Twitter’s blue check subscription on Nov 29; Once more warns Twitter staff

 (Reuters) - Billionaire Elon Musk said that Twitter's sought-after blue check subscription service will be relaunched on Nov. 29, a minor delay from his initial tentative timeline to bring back…

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16

Nov

Microsoft announces the Microsoft Supply Chain Platform

Microsoft Corp. this week announced the Microsoft Supply Chain Platform, which helps organizations maximize their supply chain data estate investment with an open approach, bringing the best of Microsoft AI,…

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16

Nov

Amazon launches virtual healthcare clinic in U.S. for common ailments

(Reuters) - Amazon.com Inc launched Amazon clinic, a virtual platform where users can connect with healthcare providers to help treat common ailments like allergies and skin conditions. Amazon has for…

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16

Nov

Italy names former Treasury official to head ITA Airways

ROME, Nov 16 (Reuters) - The Italian economy ministry on Wednesday said it would appoint former Treasury official Antonino Turicchi as chairman of state-owned carrier ITA Airways, the successor to…

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16

Nov

Britain’s Deliveroo exits Australia, citing tough competition

SYDNEY, Nov 16 (Reuters) - British food delivery service Deliveroo ROO.L on Wednesday closed its Australian business, citing a tough business environment, as consumers pulled back on takeaways due to…

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14

Nov

Crypto.com says balance sheet strong, exchange not in trouble

By Ankur Banerjee and Vidya Ranganathan SINGAPORE, Nov 14 (Reuters) - Singapore-based crypto exchange Crypto.com's chief executive said the firm will prove all naysayers wrong on the platform being in…

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14

Nov

Musk says SpaceX buys ad campaign on Twitter for Starlink

Nov 14 (Reuters) - SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns both the rocket company as well as…

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14

Nov

Binance CEO says crypto industry needs clarity of regulations

NUSA DUA, INDONESIA, Nov 14 (Reuters) - Dominant cryptocurrency exchange Binance's chief executive Changpeng Zhao called for new but stable and clear regulations for the industry, in light of recent…

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14

Nov

British clothing company Joules plans to call in administrators

LONDON, Nov 14 (Reuters) - The board of British clothing company Joules JOUL.Lplans to appoint administrators after failing to find a new investor, becoming the latest retailer to face collapse…

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