19

Feb

WhatsApp to move ahead with privacy update despite backlash

Facebook Inc's WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at "their own pace" and will also…

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18

Feb

Mediaset secures rights for 121 Champions League matches per season to 2024

MILAN, Feb 18 (Reuters) - Italy's top commercial broadcaster Mediaset has won non-exclusive rights to broadcast 121 Champions League soccer matches per season in the three years to 2024, the…

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18

Feb

Airbus sees stable aircraft deliveries after 2020 loss

European planemaker Airbus restored business targets after generating cash in the fourth quarter, but withheld a dividend as it posted a pandemic-driven loss for 2020. Airbus, which has overtaken U.S.…

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18

Feb

Nestle outshines peers thanks to pet food, health products

Nestle is aiming to boost organic sales growth towards 4% this year, the food giant said on Thursday, after strong demand for pet food and health products in the Americas…

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18

Feb

Barclays says to keep significant presence in London’s Canary Wharf

Barclays Chief Executive Jes Staley says the bank has no current plans to make "a major real estate move". Staley said in April last year that the pandemic could make…

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18

Feb

Hilton posts surprise loss as surging COVID-19 cases hurt bookings

Hilton Worldwide Holdings Inc posted a surprise quarterly loss as bookings took a hit from a resurgence in COVID-19 cases and renewed travel curbs, sending shares of the U.S. hotel…

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18

Feb

Retailer Carrefour confident for future

Europe's largest retailer Carrefour on Thursday announced further cost cutting and cash flow targets after achieving a goal of 3 billion euros ($3.6 billion) in savings by 2020, sending its…

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18

Feb

Air France-KLM sees bigger losses before recovery

Renewed COVID-19 lockdowns are pushing Air France-KLM deeper into the red, the airline group warned on Thursday, as it chalked up a 7.1 billion euro ($8.5 billion) net loss for…

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17

Feb

Danish supermarket to help small, shuttered businesses survive lockdown

COPENHAGEN, Feb 17 (Reuters) - Danish supermarket cooperative Kvickly has pledged to set aside some of its extra proceeds made while smaller retailers were shut down by coronavirus restrictions and…

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17

Feb

Maersk plans world’s first carbon-neutral container ship in 2023

Shipping group Maersk said on Wednesday it will accelerate plans to decarbonise sea-borne container shipping by putting the world's first carbon-neutral vessel into operation in 2023, seven years ahead of…

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17

Feb

Relaunching in a crisis, Alitalia scales back at home

The deepest crisis in aviation history might seem the worst time to relaunch an airline. But for Alitalia the turmoil could provide just the opportunity to drive through reforms that…

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17

Feb

Microsoft investigates tech issues with Teams app

Feb 17 (Reuters) - Microsoft Corp's said on Wednesday it was investigating technical glitches on its workplace messaging app Teams, after hundreds of users reported issues, mainly related to a…

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17

Feb

News Corp signs news partnership game-changer news deal with Google

Feb 17 (Reuters) - News Corp struck a global news deal with Alphabet Inc's Google, the Rupert Murdoch-controlled media company said on Wednesday, in one of the most extensive deals…

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17

Feb

Poste Italiane posts 20% rise in operating profit

Poste Italiane reported a 19.6% increase in operating profit in the fourth quarter as financial services helped the Italian postal services operator. Quarterly earnings before interest and taxes (EBIT) rose…

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17

Feb

British American Tobacco annual profit beats estimates

Lucky Strike maker British American Tobacco reported a stronger-than-expected annual profit on Wednesday, as it sold more higher priced cigarettes and saw more customers use its e-cigarette and tobacco heating…

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17

Feb

Jaguar cars to go all-electric by 2025

Jaguar Land Rover’s luxury Jaguar brand will be entirely electric by 2025 and the carmaker will launch e-models of its entire lineup by 2030, it said on Monday, as it…

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17

Feb

Ryanair loses legal fight against French, Swedish airline state aid

Ryanair on Wednesday lost its fight against the state aid granted to rivals including Air France and Sweden's SAS after a top European court said such schemes were not discriminatory…

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17

Feb

Ford’s Europe car lineup to be all-electric by 2030

Ford Motor Co on Wednesday said its car lineup in Europe will be all-electric by 2030 as the U.S. automaker races to get ahead of CO2 emissions targets and looming…

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17

Feb

Epic Games takes Apple fight to EU antitrust regulators

Fortnite creator Epic Games has taken its fight against Apple to European Union antitrust regulators after failing to make headway in a U.S. court in a dispute over the iPhone…

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15

Feb

Pan-European consortium seeks big pharma partner for COVID-19 vaccine

BERLIN (Reuters) - A pan-European consortium developing a COVID-19 vaccine is in talks with big pharma to support the late-stage development of its shot and ramp up manufacturing, the head…

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15

Feb

Uber defends contractors ahead of EU law on gig workers’ rights

BRUSSELS, Feb 15 (Reuters) - Uber on Monday called on EU regulators to recognise the value of independent contracts in job creation as they consider new rules to protect gig…

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12

Feb

L’Oreal sees post-pandemic ‘roaring 20s’ driving cosmetics rebound

L'Oreal, the world's biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a "roaring 20s" when people get dressed up and go…

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12

Feb

Air Canada posts biggest annual loss in nearly two decades

Air Canada on Friday reported its biggest annual loss in at least 19 years as the coronavirus crisis hit bookings, with no breakthrough in talks with the government over further…

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12

Feb

Twitter to add more labels identifying world leader and government accounts

Twitter Inc said it will next week add labels to identify more state-affiliated accounts, including world leaders’ personal accounts, to give users more context for geopolitical conversations on the platform.…

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12

Feb

IKEA branches out into consumer banking

IKEA stores owner Ingka Group said on Thursday it had agreed to buy a 49% stake in financial services partner Ikano Bank as part of a push to boost its…

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12

Feb

Lockdown living helps PepsiCo through pandemic, vaccine paves path to growth

PepsiCo Inc has joined rival Coca-Cola in predicting revenue growth in 2021, saying on Thursday it expects pre-pandemic lifestyles to resume as economies reopen and COVID-19 vaccines are rolled out.…

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12

Feb

Amazon, Ferragamo sue several firms, people over counterfeit products

Amazon.com Inc and Italian fashion group Salvatore Ferragamo jointly sued several individuals and entities, mainly based in China, for allegedly selling counterfeit Ferragamo belts on its online retail store. The…

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12

Feb

Bombardier to lay off 1,600, halt Learjet production

Bombardier Inc said it would halt Learjet aircraft production and slash about 1,600 jobs this year as it becomes a pure-play business jet maker, after reporting an adjusted loss before…

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11

Feb

Singapore Airlines begins flights with fully vaccinated crew

Singapore Airlines (SIA) began operating flights on Thursday with full sets of crew members vaccinated against COVID-19 as the city-state seeks to rejuvenate its status as an international travel hub.…

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11

Feb

Royal Mail delivers rosy outlook after COVID-19 Christmas

Britain's Royal Mail on Thursday forecast annual profits ahead of market expectations as COVID-19 restrictions pushed parcel delivery demand to record levels and Christmas mail eased a slide in letter…

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11

Feb

Pernod Ricard banks on China and U.S. to help sales return to growth in full year

French spirits group Pernod Ricard said it expected its sales would return to organic growth in full year of 2020/21, thanks to strong demand for its premium cognac and whisky…

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11

Feb

Schneider Electric sees bigger sales, profit in 2021

French electrical equipment group Schneider Electric said on Thursday it expects its revenues and core profit margin to grow this year, after a second-half rebound helped it beat market expectations…

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11

Feb

Mastercard to open up network to select cryptocurrencies

Mastercard Inc said on it was planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support. The…

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11

Feb

Frankfurt Airport January Passenger Volume Down 81%

Frankfurt Airport (FRA) served 882,869 passengers in January 2021, representing an 80.9 percent decline compared to the same month last year. This low demand resulted from ongoing travel restrictions imposed…

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11

Feb

Mapfre’s net profit fall 14% in 2020 as pandemic hits business

Spanish insurer Mapfre said on Thursday its net profit fell 14% in 2020 as consumers took out fewer insurance contracts as a result of the business restrictions imposed to curb…

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11

Feb

Microsoft approached Pinterest in recent months about potential deal

Microsoft Corp approached Pinterest Inc in recent months about a potential deal to acquire the $51 billion social media company, the Financial Times reported, citing people briefed on the matter.…

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10

Feb

Toyota hikes profit forecast 54%, shrugs off global chip supply issues

TOKYO, Feb 10 (Reuters) - Toyota Motor Corp said on Wednesday it has an up to four-month stockpile of chips and was not immediately expecting a global chip shortage to…

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10

Feb

Ryanair’s O’Leary optimistic on international travel from May

LONDON, Feb 10 (Reuters) - Ryanair Chief Executive Michael O'Leary said he was optimistic that people in Britain would be able to travel internationally from May, but warned if that…

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10

Feb

Europe’s summer abroad cancelled as staycation bookings soar

CONNEMARA, Ireland, Feb 10 (Reuters) - Up until late January Terry O'Toole was fielding a trickle of enquiries from Irish holidaymakers happy to settle for another summer at home in…

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10

Feb

Heineken unveils 2 bln euro cost saving plan as earnings sink

BRUSSELS, Feb 10 (Reuters) - Heineken NV, the world's second largest brewer, reported annual results broadly as bad as expected and unveiled a new plan to boost income and find…

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08

Feb

A Tesla for a bitcoin: Musk drives price to moon with $1.5 bln purchase

Feb 8 (Reuters) - Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk's electric vehicle company Tesla Inc revealed it had bought $1.5 billion of…

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08

Feb

France leads calls on EU to quit energy treaty – FT

Financial Times - France is leading calls  so the EU calls quits an international energy treaty that gives multinationals the power to sue governments, with critics calling the agreement a serious…

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07

Feb

Sport streaming firm DAZN leads race for Serie A domestic TV rights – sources

MILAN (Reuters) - Sport streaming service DAZN is leading the race for rights to screen Italy's Serie A matches over the 2021-2024 seasons in a challenge to the country's dominant…

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07

Feb

Germany talking to BioNTech about funding for vaccine capacity

BERLIN, Feb 6 (Reuters) - Germany is in talks with BioNTech and other COVID-19 vaccine makers about possible funding to help them secure capacity and raw materials, Health Minister Jens…

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07

Feb

G4S to hold talks for head-to-head takeover auction – The Telegraph

(Reuters) - British security group G4S will hold talks with the City’s takeover panel, the Telegraph reported on Saturday, which could lead to a head-to-head auction between North American peers…

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04

Feb

CNN president’s Jeff Zucker to step down at year’s end

CNN president Jeff Zucker will leave the cable news network at the end of 2021, CNN said on Thursday. Zucker, who joined CNN in 2013, has a storied reputation in…

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04

Feb

UK new car sales slump around 40% in lockdown January

LONDON, Feb 4 (Reuters) - British new car registrations fell by around 40% year-on-year in January, according to preliminary industry data released on Thursday, after nearly all of the United…

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03

Feb

French watchdog says EU monitoring market risk from social media

LONDON, Feb 3 (Reuters) - Regulators are monitoring how a surge in retail investors and online brokers during the COVID-19 pandemic risks creating bubbles inflated by social media, France's AMF…

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03

Feb

Amazon.com Inc founder Jeff Bezos to step down as CEO and become executive chairman

Feb 2 (Reuters) - Amazon.com Inc founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor in a…

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02

Feb

Portos, Atos, Hopper and Edmund From GO’s Mobile App Campaign Get Adopted!

GO’s latest campaign promoting its popular mobile app in aid of the MSPCA featured Portos and Atos, two fox terrier mix brothers, Hopper, a mixed breed half pointer and half…

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02

Feb

Ford, Google join hands to offer cloud-based data services

Feb 1 (Reuters) - Ford Motor Co will tap into software, artificial intelligence and cloud computing offered by Alphabet Inc's Google to develop new consumer services and modernize internal operations,…

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01

Feb

Facebook to prompt users about personalised ads ahead of Apple privacy changes

Feb 1 (Reuters) - Facebook Inc said in a blog post Monday it will begin rolling out a notification for iPhone users globally about how data is used for personalized…

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01

Feb

UK factory growth slows as COVID and Brexit combine – IHS Markit

LONDON, Feb 1 (Reuters) - A gauge of British manufacturing growth was its slowest in three months in January as the combined impact of COVID-19 and Brexit weighed on new…

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01

Feb

Ryanair forecasts record annual loss as COVID-19 ‘wreaks havoc’

DUBLIN, Feb 1 (Reuters) - Ryanair expects to lose close to 1 billion euros in its current financial year, by far its worst ever performance, but Europe's largest low-cost carrier…

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31

Jan

Panasonic to end solar panel production

TOKYO, Jan 31 (Reuters) - Japan's Panasonic Corp will cease production of its own solar panels, national broadcaster NHK and the Nikkei newspaper said on Sunday, citing increasing price competition…

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31

Jan

Emirates, DP World, Dubai Airports aim to help transport 2 billion COVID-19 vaccines

DUBAI, Jan 31 (Reuters) - United Arab Emirates-based Emirates Skycargo, Dubai Airports and ports operator DP World will help "equitably distribute" 2 billion doses of COVID-19 vaccines to developing countries…

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30

Jan

Robinhood says it temporarily curbed buying of some securities as deposit requirement increased ten-fold

Jan 30 (Reuters) - Online broker Robinhood, one of the hottest venues in this week's retail-trading frenzy, said it put temporary buying restrictions on a small number of securities as…

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