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Qantas sees air fares slipping off highs as capacity returns
05
Jun

Qantas sees air fares slipping off highs as capacity returns

ISTANBUL, June 5 (Reuters) - Air fares are moderating as capacity returns to the global airline network after the pandemic, Qantas Chief Executive Alan Joyce said on Monday. Airlines have…
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OpenAI mulling Israel investment opportunities, Microsoft says
05
Jun

OpenAI mulling Israel investment opportunities, Microsoft says

JERUSALEM, June 5 (Reuters) - OpenAI is considering investment opportunities in Israel, Microsoft Corp quoted the company's CEO, Sam Altman, as saying during a visit to the country on Monday.…
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France to provide 2.9 bln euros in aid for new STMicro/GlobalFoundries factory
05
Jun

France to provide 2.9 bln euros in aid for new STMicro/GlobalFoundries factory

By Dominique Vidalon and Sudip Kar-Gupta PARIS, June 5 (Reuters) - France said on Monday it will provide 2.9 billion euros ($3.10 billion) in state aid to help support an…
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Lufthansa CEO says it’s premature to discuss possible takeover of Portugal’s TAP
05
Jun

Lufthansa CEO says it’s premature to discuss possible takeover of Portugal’s TAP

By Joanna Plucinska and Tim Hepher ISTANBUL (Reuters) - Lufthansa's  Chief Executive Carsten Spohr said on Sunday it was too soon to discuss the German airline group's potential interest in…
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UBS: takeover of Credit Suisse to close as early as June 12
05
Jun

UBS: takeover of Credit Suisse to close as early as June 12

By John Revill ZURICH, June 5 (Reuters) - UBS UBSG.S said on Monday it will complete its takeover of Credit Suisse CSGN.S "as early as June 12", creating a giant…
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Companies like Microsoft can help manage migration: incoming UN migration chief
04
Jun

Companies like Microsoft can help manage migration: incoming UN migration chief

By Emma Farge 9th American Amy Pope set to lead UN migration agency Says Western asylum systems are 'completely overwhelmed' Mediterranean deaths are symptom of broader trend GENEVA  (Reuters) -…
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Lufthansa’s ITA deal heralds more European airline tie-ups
04
Jun

Lufthansa’s ITA deal heralds more European airline tie-ups

Analysts see Europe heading to US-style consolidation Italy saw Lufthansa deal as only way forward But M&A could be a distraction amid stiff competition By Joanna Plucinska and Angelo Amante…
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Eni bets on agri-business in Africa to expand biofuel production
03
Jun

Eni bets on agri-business in Africa to expand biofuel production

Eni aims to develop farming ventures in at least 9 countries Eni replicates upstream-downstream model with agri-business Eni to decide over new bio-refinery in Livorno by year-end By Francesca Landini…
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Portugal wants to keep strategic stake in TAP privatisation
03
Jun

Portugal wants to keep strategic stake in TAP privatisation

LISBON, June 2 (Reuters) - Portugal wants to keep a strategic stake in state-owned airline TAP and will not offer all its capital in the upcoming privatisation, the secretary of…
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Malta’s Traffic and Cost of Living Top List of Concern for Maltese
03
Jun

Malta’s Traffic and Cost of Living Top List of Concern for Maltese

The traffic situation and the cost of living are currently the top reasons for concern for most according to misco’s latest survey “Public Concerns”, a survey carried out to gauge…
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Renault customers to lodge criminal complaint in France over faulty engines
02
Jun

Renault customers to lodge criminal complaint in France over faulty engines

PARIS, June 2 (Reuters) - Renault could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint against the carmaker next week,…
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Ryanair’s monthly traffic hits record high in May
02
Jun

Ryanair’s monthly traffic hits record high in May

DUBLIN, June 2 (Reuters) - Ryanair I flew a record 17 million passengers in May, its highest for a single month and a 10% increase from a year earlier, the…
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Florence wants to ban Airbnb rentals apartments from city centre
02
Jun

Florence wants to ban Airbnb rentals apartments from city centre

By Federica Urso and Federico Maccioni ROME, (Reuters) - Florence wants to ban residential properties in its historic centre from being used for short-term rentals by platforms such as Airbnb…
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Airline SAS predicts busy summer as loss shrinks
01
Jun

Airline SAS predicts busy summer as loss shrinks

STOCKHOLM, June 1 (Reuters) - Scandinavian airline SAS expects a "busy summer season", it said on Thursday as it reported a reduced second-quarter pretax loss. The airline, which sought bankruptcy…
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Vivian Appoints Zampa Debattista As Financial Advisors
01
Jun

Vivian Appoints Zampa Debattista As Financial Advisors

Vivian, a leading local pharmaceutical importer and distributor, announces the appointment of Zampa Debattista, a growing firm of accountants, auditors, and tax advisors, as its new financial advisors, a strategic…
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Nvidia CEO Jensen Huang: Boss of trillion-dollar chip firm powering the AI boom
31
May

Nvidia CEO Jensen Huang: Boss of trillion-dollar chip firm powering the AI boom

By Yuvraj Malik, Samrhitha A and Stephen Nellis  (Reuters) - Jensen Huang, the chief of chipmaker Nvidia Corp NVDA.O, has joined an elite list of tech executives to head a…
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Aphrodite gas field off Cyprus to be linked to Egypt – NewMed
31
May

Aphrodite gas field off Cyprus to be linked to Egypt – NewMed

JERUSALEM, May 31 (Reuters) - The offshore Aphrodite natural gas field being developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a…
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Sweden’s Handelsbanken to sell Finnish businesses for $1.4 bln
31
May

Sweden’s Handelsbanken to sell Finnish businesses for $1.4 bln

OSLO, May 31 (Reuters) - Sweden's Handelsbanken said on Wednesday it has agreed to sell parts of its Finnish operation to three local companies for about 1.3 billion euros ($1.43…
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Xiaomi to make wireless audio products in India
29
May

Xiaomi to make wireless audio products in India

NEW DELHI/BENGALURU, May 29 (Reuters) - Xiaomi Corp's Indian arm will start making wireless audio products in the country through a partnership with electronics manufacturer Optiemus in a push to…
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From Russia with gold: UAE cashes in as sanctions bite
29
May

From Russia with gold: UAE cashes in as sanctions bite

By Peter Hobson The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian customs records…
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Rome Fiumicino seen as Lufthansa’s new southern hub after ITA deal
29
May

Rome Fiumicino seen as Lufthansa’s new southern hub after ITA deal

By Angelo Amante ROME  (Reuters) - Lufthansa  hopes to develop Rome Fiumicino as a southern hub for the group and will focus on long-haul flights from the Italian airport to…
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Uber executive says European taxis joining platform
29
May

Uber executive says European taxis joining platform

By Toby Sterling AMSTERDAM, May 29 (Reuters) - Uber is seeing an influx of European taxi drivers joining its platform, an executive told Reuters, a surprising development given the history…
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Microsoft announces a game-changer for fundraising and volunteer engagement
28
May

Microsoft announces a game-changer for fundraising and volunteer engagement

Microsoft Corp. announced a suite of new AI solutions and improvements to Microsoft Cloud for Nonprofit that are designed to transform the nonprofit industry and how fundraisers engage with donors,…
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Israeli carrier El Al to expand fleet and routes
27
May

Israeli carrier El Al to expand fleet and routes

JERUSALEM, (Reuters) - Israeli airline El Al reported a narrower first-quarter loss, and said it plans to expand its fleet while opening new routes. El Al, Israel's flag carrier, said…
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Investing in AI: how to avoid the hype
27
May

Investing in AI: how to avoid the hype

AI boom brings fresh challenge for investors AI-themed stocks highly valued Stick with big tech not AI stocks - investors By Naomi Rovnick LONDON, (Reuters) - Experienced tech investors are…
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French tyre maker Michelin sells its activities in Russia
26
May

French tyre maker Michelin sells its activities in Russia

May 26 (Reuters) - French tyre maker Michelin said on Friday it was selling its Russia Tyre Manufacturing Company (MRTMC) and Camso CIS in Russia to Power International Tires, a…
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Embracing AI in Education – What’s in it for Educators?
26
May

Embracing AI in Education – What’s in it for Educators?

AI has been the talk of town in recent weeks, with apps such as ChatGPT taking the world by storm, as social media debates the future of education when such…
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OpenAI has no plans to leave Europe, says CEO
26
May

OpenAI has no plans to leave Europe, says CEO

OpenAI CEO reverses earlier threat to leave Europe Says had productive week of conversations about regulating AI EU lawmakers were critical about OpenAI's threat region By Supantha Mukherjee May 26…
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Lufthansa intends to fully take over ITA Airways – CEO
26
May

Lufthansa intends to fully take over ITA Airways – CEO

By Angelo Amante and Ilona Wissenbach Lufthansa to take 41% by way of capital increase German carrier to invest 325 million in Italian carrier Lufthansa to appoint new ITA Airways…
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Elon Musk’s Neuralink says has FDA approval for study of brain implants in humans
26
May

Elon Musk’s Neuralink says has FDA approval for study of brain implants in humans

By Akriti Sharma and Rachael Levy (Reuters) - Elon Musk's brain-implant company Neuralink said the U.S. Food and Drug Administration (FDA) had given the green light to its first-in-human clinical…
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Asia-focused HSBC puts 12 countries on exit watchlist
24
May

Asia-focused HSBC puts 12 countries on exit watchlist

Reviews presence in smaller markets to chase bigger Asian growth Looking to add 2,000 Chinese wealth managers over next two years By Lawrence White LONDON, May 24 (Reuters) - HSBC…
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UK inflation falls by less than expected, core inflation jumps
24
May

UK inflation falls by less than expected, core inflation jumps

By Andy Bruce LONDON, May 24 (Reuters) - Britain's high inflation rate fell by less than expected in April and a closely watched core measure of price growth surged to…
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Netflix expands password sharing crackdown around the world
24
May

Netflix expands password sharing crackdown around the world

By Lisa Richwine and Dawn Chmielewski  (Reuters) - Netflix Inc expanded its crackdown on password sharing to the United States and more than 100 other countries, alerting users that their…
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Tech and games at the heart of tomorrow’s education
23
May

Tech and games at the heart of tomorrow’s education

It is no secret that technology and digital skills have become a must in today's world. In our increasingly interconnected and digitalized society, technology permeates nearly every aspect of our…
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Onslaught of inefficient meetings is exhausting workers according to Microsoft research
22
May

Onslaught of inefficient meetings is exhausting workers according to Microsoft research

New research from Microsoft shows how out of hand our work calendars have gotten: Since February 2020, people are in 3 times more Microsoft Teams meetings and calls per week…
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SKF to build plant in Morocco for magnetic bearings
22
May

SKF to build plant in Morocco for magnetic bearings

STOCKHOLM, May 22 (Reuters) - Sweden's SKF is investing 50 million crowns ($4.9 million) in a magnetic bearings factory in Tangier in Morocco, the company said on Monday. "The new…
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Britain chips away at NatWest stake with $1.6 bln share sale
22
May

Britain chips away at NatWest stake with $1.6 bln share sale

By Iain Withers and Amy-Jo Crowley LONDON, May 22 (Reuters) - British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from…
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Ryanair posts near record profit
22
May

Ryanair posts near record profit

DUBLIN, May 22 (Reuters) - Ryanair on Monday posted a near record profit of 1.43 billion euros ($1.57 billion) in the year to end-March and said it was cautiously optimistic…
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Pent-up demand promises record tourist season for southern Europe
21
May

Pent-up demand promises record tourist season for southern Europe

Strong early arrivals in Italy, Iberia, Greece Airlines, tour operators see robust summer bookings Tourism boom to provide economic boost to southern Europe By Giselda Vagnoni ROME (Reuters) - After…
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Adidas to donate Yeezy proceeds to Anti-Defamation League and other NGOs
20
May

Adidas to donate Yeezy proceeds to Anti-Defamation League and other NGOs

FRANKFURT (Reuters) - Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said, and plans…
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LDC fears bird flu may spread through France again
20
May

LDC fears bird flu may spread through France again

By Sybille De La Hamaide PARIS, (Reuters) - France's largest poultry producer, LDC, warned that an upsurge in bird flu cases in the southwest might lead to the virus spreading…
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Qantas eyes return to 100% of pre-COVID capacity by March 2024
19
May

Qantas eyes return to 100% of pre-COVID capacity by March 2024

May 19 (Reuters) - Qantas Airways Ltd , Australia's flagship carrier, said on Friday it expects its international capacity to reach about 100% of pre-COVID-19 levels by March 2024, as…
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Angelina Jolie introduces sustainability-focused fashion company to help refugees
18
May

Angelina Jolie introduces sustainability-focused fashion company to help refugees

Angelina Jolie announced a new fashion venture aimed at allowing customers to participate in the making of their own creations with master tailors, pattern makers and artisans around the world…
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Aston Martin stock soars as China’s Geely to become no.3 shareholder
18
May

Aston Martin stock soars as China’s Geely to become no.3 shareholder

Geely commits to investment of 234 mln pounds Aston Martin stock rises to a more than two-month high New share subscription to bring AML 95 mln pounds in cash proceeds…
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Mr Kipling maker Premier Foods to stop price hikes this year
18
May

Mr Kipling maker Premier Foods to stop price hikes this year

Does not expect price increases this year 2023 profit 137.2 mln stg vs analyst forecast of 135 mln stg Shares up 4.6% Recasts, adds price By Radhika Anilkumar May 18…
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UK’s easyJet confident as summer demand ramps up
18
May

UK’s easyJet confident as summer demand ramps up

Sees Q3 revenue per seat up 20% on last year HY loss 411 mln stg, in line with guidance Analysts expect FY profit of 345 mln stg Adds analyst in…
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BT to cut up to 55,000 jobs by 2030 after fiber build ends
18
May

BT to cut up to 55,000 jobs by 2030 after fiber build ends

To cut jobs after fibre build-out ends Free cash flow comes in at bottom of guidance Meets expectations for annual core earnings growth Shares down 9% By Paul Sandle LONDON,…
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Britain’s Royal Mail posts losses of 419 mln pounds
18
May

Britain’s Royal Mail posts losses of 419 mln pounds

May 18 (Reuters) - Britain's Royal Mail posted an annual adjusted operating loss of 419 million pounds ($528.82 million), ahead of market expectations, its parent International Distributions Services IDSI.L said…
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Montana to become first US state to ban TikTok
18
May

Montana to become first US state to ban TikTok

By David Shepardson  (Reuters) - Montana Governor Greg Gianforte signed legislation to ban Chinese-owned TikTok from operating in the state to protect residents from alleged intelligence gathering by China, making…
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New Vodafone boss takes aim at costs with 11,000 global job cuts
17
May

New Vodafone boss takes aim at costs with 11,000 global job cuts

By Paul Sandle and Sarah Young New CEO says Germany underperforming Spanish business under strategic review Sees 1.5 bln euro fall in free cash flow this year LONDON  (Reuters) -…
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Netflix password sharing crackdown in the UK looms
17
May

Netflix password sharing crackdown in the UK looms

A Netflix crackdown on account sharing in the UK is expected to kick in this month, according to reports. The streaming giant has held talks with UK telecoms groups carrying…
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Crypto should be regulated as gambling, UK lawmakers say
17
May

Crypto should be regulated as gambling, UK lawmakers say

By Huw Jones LONDON, May 17 (Reuters) - Bitcoin, ether and other cryptocurrencies should be regulated as gambling given they are potentially used by fraudsters and pose significant risks to…
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Gold holds ground amid US debt-ceiling jitters
17
May

Gold holds ground amid US debt-ceiling jitters

Prevailing dollar strength capping gold's upside - analyst Asian shares subdued Silver, palladium, and platinum up By Arundhati Sarkar May 17 (Reuters) - Gold prices steadied on Wednesday, as investors…
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Oil little changed as demand worries spur caution
17
May

Oil little changed as demand worries spur caution

U.S. crude stockpiles rise 3.6 mln bbl - API U.S. EIA inventory data due at 1430 GMT Reuters poll forecast 900,000 bbl U.S. crude drawdown By Katya Golubkova and Sudarshan…
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On the road to 2030: Microsoft’s 2022 Environmental Sustainability Report
15
May

On the road to 2030: Microsoft’s 2022 Environmental Sustainability Report

2022 marked the sixth warmest year in history. Extreme weather caused devastating droughts, wildfires, famine, floods, and heat waves with alarming frequency. Microsoft felt the effects of climate change like…
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Amazon optimizes delivery network for speedier delivery, lower costs
14
May

Amazon optimizes delivery network for speedier delivery, lower costs

 (Reuters) - Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the…
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Albania’s burgeoning tourism industry could prevent youth exile and boost economy
14
May

Albania’s burgeoning tourism industry could prevent youth exile and boost economy

It has been more than 30 years since Albania opened its doors to tourists, but telling a friend that you’re off to Tirana or Dhërmi for a long weekend might…
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Binance pulls out of Canada amid new crypto regulations
14
May

Binance pulls out of Canada amid new crypto regulations

Binance said it was withdrawing from Canada, weeks after the country issued a series of new guidelines for cryptocurrency exchanges including investor limits and mandatory registrations. Canada has tightened regulations…
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