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AI’s use in finance may need new rules, ECB says

AI’s use in finance may need new rules, ECB says

FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and pos..

Shares in Spain’s Indra surge after net profit rises 40%

Shares in Spain’s Indra surge after net profit rises 40%

(Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61 million euros ($66..

Bayer’s Monsanto wins reversal of $185 million PCBs verdict in Washington court

Bayer’s Monsanto wins reversal of $185 million PCBs verdict in Washington court

By Clark Mindock (Reuters) -A Washington state appeals court overturned on Wednesday a $185 million verdict against Bayer’s Mons..

Syngenta ditches multi-billion dollar China IPO bid

Syngenta ditches multi-billion dollar China IPO bid

BEIJING (Reuters) -Swiss agrichemicals and seeds group Syngenta on Friday withdrew its bid for a multi-billion dollar listing on the S..

India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say

India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say

By Shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to prioritise completion of free trade d..

Big Oil’s climate planning not good enough, investor group says

Big Oil’s climate planning not good enough, investor group says

By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe’s and North America’s biggest li..

European Championship won’t save German economy, study shows

European Championship won’t save German economy, study shows

BERLIN(Reuters) – The European Championship to be held in Germany this summer is unlikely to turn into a summer fairytale for t..

China sets higher bar for consumer finance companies

China sets higher bar for consumer finance companies

BEIJING (Reuters) -China has changed the rules for consumer finance firms for the first time in a decade, setting a higher bar for non..

AstraZeneca follows rival Boehringer in capping out-of-pocket costs for inhalers

AstraZeneca follows rival Boehringer in capping out-of-pocket costs for inhalers

(Reuters) – Drugmaker AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 pe..

Building a secure future with escrow’s extensive use cases

Building a secure future with escrow’s extensive use cases

By Ed Boal, Head of Legal at Shieldpay Managing high-value, commercial transactions is no easy feat. Moving large sums of..

Over one-third of Brits are ready to quit jobs for 20% less Pay as full-time content creators!

Over one-third of Brits are ready to quit jobs for 20% less Pay as full-time content creators!

Recent research conducted by marketing experts at FATJOE has unveiled a significant shift in the working culture of Brits. The survey,..

Understanding the Basics of International Business Law

Understanding the Basics of International Business Law

In today’s interconnected world, businesses are constantly expanding their operations beyond domestic borders, leading to an in..

Euro zone economy lags global growth as Germany struggles

Euro zone economy lags global growth as Germany struggles

By Francesco Canepa and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) – The euro zone’s economy stagnated last year, under..

Cars sold as an ‘Italian jewel’ must be made in Italy, PM tells Stellantis

Cars sold as an ‘Italian jewel’ must be made in Italy, PM tells Stellantis

ROME (Reuters) – A car being sold as an “Italian jewel” needs to be made in Italy, Prime Minister Giorgia Meloni sai..

ECB asks some lenders to monitor social media for early signs of bank runs -sources

ECB asks some lenders to monitor social media for early signs of bank runs -sources

By Stefania Spezzati LONDON (Reuters) – The European Central Bank has asked some banks to closely monitor activity on social med..

Lindt’s pralines sweeten 2023 sales despite cocoa costs

Lindt’s pralines sweeten 2023 sales despite cocoa costs

By Paolo Laudani and Marleen Kaesebier (Reuters) -Swiss chocolate maker Lindt & Spruengli reported a 10.3% rise in 2023 organic sa..

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

By Nivedita Balu (Reuters) – Canada on Thursday approved Royal Bank of Canada’s C$13.5 billion dollars ($10.2 billion) acq..

EU risks losing ground in EVs without strong industry strategy – ACEA

EU risks losing ground in EVs without strong industry strategy – ACEA

BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, aut..

Swathes of Siberia freeze in temperatures below -58 Celsius

Swathes of Siberia freeze in temperatures below -58 Celsius

YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia fall..

Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh

Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh

By Mohi Narayan and Florence Tan NEW DELHI (Reuters) – Oil futures reversed course after rising briefly on Monday amid persisten..

Swedish property problems could accelerate price drops in Denmark, central bank says

Swedish property problems could accelerate price drops in Denmark, central bank says

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price dr..

DIY retailer Kingfisher cuts profit outlook again on weak French market

DIY retailer Kingfisher cuts profit outlook again on weak French market

By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook fo..

Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere

Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere

By Ahmad Ghaddar LONDON (Reuters) -Israel’s military offensive in Gaza following an Oct. 7 attack by the enclave’s ruling ..

EU reaches deal to stop sending waste to countries that can’t process it

EU reaches deal to stop sending waste to countries that can’t process it

PARIS (Reuters) – European Union lawmakers and member states have reached a deal to revise the bloc’s waste shipment regul..

Iraq becomes EBRD shareholder, Senegal and Ghana apply to join

Iraq becomes EBRD shareholder, Senegal and Ghana apply to join

LONDON (Reuters) -Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral lender sai..

EU agrees law to hit fossil fuel imports with methane emissions limit

EU agrees law to hit fossil fuel imports with methane emissions limit

(Reuters) – The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe’s oil and ..

German economy, auto sector face risks from exposure to China, fund manager says

German economy, auto sector face risks from exposure to China, fund manager says

By Christoph Steitz FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for Europe&..

UK tells Uber Eats, Deliveroo and Just Eat to tighten rider account controls

UK tells Uber Eats, Deliveroo and Just Eat to tighten rider account controls

LONDON (Reuters) -Britain’s interior ministry has told food delivery firms Uber Eats, Deliveroo and Just Eat to implement strict..

Payments app Zelle begins refunds for imposter scams after Washington pressure

Payments app Zelle begins refunds for imposter scams after Washington pressure

By Hannah Lang (Reuters) – Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer pro..

Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News

Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News

(Reuters) – Apple Inc is set to challenge the European Union’s decision to put all of the App Store into the bloc’s ..

Britain’s Prince visits Singapore for Earthshot environmental prize

Britain’s Prince visits Singapore for Earthshot environmental prize

By Chen Lin SINGAPORE (Reuters) – Britain’s Prince William attended the annual Earthshot Prize ceremony on Tuesday, which ..

Factbox-How European airlines have hedged against fuel price increases

Factbox-How European airlines have hedged against fuel price increases

(Reuters) – Higher oil prices amid turmoil in the Middle East are increasing prices of jet fuel, which accounts for a big portio..

The drones fighting cat and mouse battles behind Russian front lines in Ukraine

The drones fighting cat and mouse battles behind Russian front lines in Ukraine

By Max Hunder KHARKIV REGION, Ukraine (Reuters) – As a Ukrainian rocket made its way towards the Russian radar system, the soldi..

BBC World Service to launch emergency radio service for Gaza

BBC World Service to launch emergency radio service for Gaza

LONDON (Reuters) – The BBC will start an emergency radio service for the people of Gaza in response to the ongoing conflict in t..

Oil up ahead of Fed meet as Middle East conflict rages

Oil up ahead of Fed meet as Middle East conflict rages

By Natalie Grover LONDON (Reuters) – Oil prices rose more than 1% on Wednesday ahead of the keenly watched meeting of the U.S. c..

Serbia’s Vucic dissolves parliament, sets snap vote for Dec 17

Serbia’s Vucic dissolves parliament, sets snap vote for Dec 17

BELGRADE (Reuters) -Serbian President Aleksandar Vucic dissolved parliament on Wednesday and called an early election on Dec. 17, aimi..

Dutch grid operator TenneT says energy transition will double investments

Dutch grid operator TenneT says energy transition will double investments

AMSTERDAM (Reuters) – Dutch power grid operator TenneT said on Wednesday the energy transition and rapidly increasing demand for..