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World food prices fall again in June – UN food agency
ROME (Reuters) - The United Nations food agency's world price index fell in June to its lowest level in more than two years, pushed down by a drop in the cost of sugar, vegetable oils, cereals and dai...
Syndicated Content Jul 07, 2023
German economy faces uphill climb as industrial output falls
BERLIN (Reuters) - A swift economic recovery for Germany appeared less likely on Friday as data showed a surprise fall in industrial production. Output fell by 0.2% in May compared with the previous m...
Syndicated Content Jul 07, 2023
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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content Jul 07, 2023
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