Category Archives:
Lebanon government says central bank broke law with fuel subsidy decision
By Nafisa Eltahir and Tom Perry BEIRUT (Reuters) - Lebanon's caretaker prime minister said on Thursday the central bank had broken the law by deciding to remove fuel subsidies, and the damage done wou...
Aug 12, 2021
Facebook may have to sell Giphy on Britain’s competition concerns
(Reuters) - Britain's competition watchdog said on Thursday it could require Facebook Inc to sell GIF website Giphy after its investigation found that the deal between the two companies would harm com...
Aug 12, 2021
Crypto fashion: why people pay real money for virtual clothes
By Elizabeth Howcroft LONDON (Reuters) - People care what their avatars are wearing. When the virtual world Decentraland said in June users could make and sell their own clothing for avatars to wear o...
Aug 12, 2021
Exclusive-UK’s Inmarsat to drive growth with industry-leading L-band upgrade
By Paul Sandle LONDON (Reuters) -British satellite operator Inmarsat said it would launch a major upgrade to its L-band services to offer faster speeds and smaller low-cost terminals for its air, land...
Aug 12, 2021
Euro 2020 fervour drives Ladbrokes owner Entain’s profit
By Pushkala Aripaka (Reuters) - Ladbrokes owner Entain reported higher first-half profit on Thursday buoyed by the Euro 2020 soccer tournament, which the British gambling company called its biggest sp...
Aug 12, 2021
Tesla’s Musk says must keep to schedule on European gigafactory – minister
BERLIN (Reuters) -Tesla CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, it...
Aug 12, 2021
Aviva shares jump as it returns $5.5 billion to investors after Cevian pressure
By Carolyn Cohn LONDON (Reuters) - Shares in Aviva hit eight-week highs on Thursday after the British insurer said it will return at least 4 billion pounds ($5.5 billion) to shareholders, following pr...
Aug 12, 2021
Boohoo’s 500 million stg plan to create 5,000 jobs as demand rises
By James Davey LONDON (Reuters) - British online fashion retailer Boohoo said on Thursday it would invest 500 million pounds ($693 million) in the United Kingdom over the next five years, creating 5,0...
Aug 12, 2021
Spread of COVID-19 Delta variant knocks oil demand outlook -IEA
LONDON (Reuters) - Rising demand for oil abruptly reversed course in July and is set to proceed more slowly for the rest of the year due to the spread of the COVID-19 Delta variant, the International ...
Aug 12, 2021
Holiday firm TUI says recovery from pandemic building
By Sarah Young LONDON (Reuters) - Holiday company TUI Group said on Thursday a recovery from the pandemic was well underway, helped by a surge in bookings from Germany and continental Europe and a rec...
Aug 12, 2021
Peoria, IL, USA
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