Category Archives:
Continental to phase out activities at Gifhorn plant by end of 2027
BERLIN (Reuters) -Continental said on Friday it plans to phase out business activities at its Gifhorn plant by the end of 2027, with 450 out of 900 jobs at the site affected. The decision was taken "a...
Jul 07, 2023
China’s Alibaba unveils AI image generator to take on Midjourney and DALL-E
By Josh Ye HONG KONG (Reuters) - Alibaba Group Holdings Ltd announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise customers in beta form, as it ramps u...
Jul 07, 2023
European shares inch lower ahead of US jobs report
(Reuters) - European shares edged lower on Friday, following sharp losses in the previous session, after U.S. data that showed a still strong labor market, while investors await a key U.S. jobs report...
Jul 07, 2023
Telefonica sells controlling stake in Peruvian fibre optic network to KKR
MADRID (Reuters) - Telefonica has sold a 54% stake in its fibre optic network in Peru to U.S. private equity fund KKR and 10% to Entel's local business, the Spanish telecoms group said on Friday, addi...
Jul 07, 2023
South African troupe takes township dance ‘pantsula’ to global stage
By Sisipho Skweyiya and Thando Hlophe JOHANNESBURG (Reuters) - Thato Qofela first performed 'pantsula', a symbol of Black South African culture and resistance to the apartheid regime, in his childhood...
Jul 07, 2023
Deutsche Boerse extends SimCorp takeover offer as it awaits regulators
FRANKFURT (Reuters) -Deutsche Boerse said on Friday that it was extending an offer period to shareholders for its takeover of the Danish investment management software company SimCorp as it awaits Eur...
Jul 07, 2023
However war ends, Ukraine’s diminished population will hit economy for years
By Olena Harmash KYIV (Reuters) - With war dragging on, some of Ukraine's millions of refugees are beginning to think about settling for good in the countries they find themselves in across Europe, po...
Jul 07, 2023
Airbus books record India orders, confirms higher deliveries
PARIS (Reuters) - Record demand from India sharply increased Airbus orders in June to leave the European planemaker with 1,044 net orders in the first half of the year, data showed on Friday. In a bul...
Jul 07, 2023
Elon Musk’s SpaceX to launch satellite internet service in Mongolia
BEIJING (Reuters) -Mongolia has granted two licences for Elon Musk's SpaceX to operate as an internet service provider using low-orbit satellites, the government said on Friday. Millions of internet u...
Jul 07, 2023
Bottler Coca-Cola HBC lifts full-year profit expectation
(Reuters) -Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in the first half of the year. The company said it now expects organic opera...
Jul 07, 2023
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