PARIS (Reuters) – CMA CGM is in talks with shipyards about the possibility of having medium-sized container vessels built in the United States, the French shipping group’s CEO Rodolphe Saade told Les Echos newspaper. “We are in talks with several shipyards to see how long it would take and at what cost,” he said in …
CMA CGM in talks with US shipyards, CEO tells Les Echos Read More »
By Supantha Mukherjee and Gianluca Lo Nostro STOCKHOLM/GDANSK (Reuters) – Suggestions that Ukraine could lose access to Elon Musk’s Starlink satellite internet system, which has been vital in maintaining its military communications as it fights Russia’s invasion, have focused investor interest on Starlink’s smaller European rival Eutelsat. Sources familiar with the matter told Reuters last …
Could Europe’s Eutelsat help to replace Starlink in Ukraine? Read More »
By Anita Komuves and John O’Donnell BUDAPEST (Reuters) -Hungary’s biggest bank, OTP Bank, boosted its business with Russia last year, helping to bolster its profits, as rival European lenders came under increasing pressure to pare back their ties with Moscow due to its war in Ukraine. OTP Bank’s net profit rose by almost a tenth …
Russian business boom helps lift Hungary’s OTP Bank profit Read More »
By Sam Tobin LONDON (Reuters) – Bank of England Governor Andrew Bailey said emails between ex-Barclays boss Jes Staley and Jeffrey Epstein “raised awkward questions” in a witness statement made public on Friday, as he gave evidence at Staley’s appeal against an industry ban. Bailey arrived at the Rolls Building in London to answer questions …
Bank of England’s Bailey gives evidence at ex-Barclays boss Staley’s UK ban appeal Read More »
WASHINGTON (Reuters) -The United States, Germany and Finland have taken down the online infrastructure used by the Russian cryptocurrency exchange Garantex, the U.S. Justice Department said on Friday, adding that two administrators of the exchange were also charged. The two administrators, Aleksej Besciokov and Aleksandr Mira Serda, are both charged with money laundering conspiracy. Besciokov, …
Russian Garantex cryptocurrency exchange targeted in international operation, US says Read More »
(Reuters) -British stocks ended mostly lower on Friday, as gains in heavyweight oil and gas company shares were offset by worries about the impact of U.S. trade policies on global economic growth. The blue-chip FTSE 100 ended flat but posted a 1.4% weekly drop, its biggest so far this year. The midcap FTSE 250 index …
FTSE 100 marks worst week of year amid tariff whiplash Read More »
LONDON (Reuters) -London’s High Court on Friday dismissed a legal challenge brought by British lawmakers against a financial watchdog over the scope of a 2.2 billion-pound ($2.8 billion) bank redress scheme related to interest rate hedging products. The Financial Conduct Authority (FCA) faced legal action over its response to an independent review of the scheme, …
UK court dismisses lawmakers’ case against FCA over bank redress scheme Read More »
By Stephen Nellis (Reuters) – Some artificial intelligence improvements to Apple’s voice assistant Siri will be delayed until 2026, the company said on Friday. In a statement, Apple said it has “been working on a more personalized Siri, giving it more awareness of your personal context, as well as the ability to take action for …
Apple says some AI improvements to Siri delayed to 2026 Read More »
By Nikhil Sharma and Purvi Agarwal (Reuters) – European shares closed Friday lower, as investors grappled with whipsaw changes in U.S. trade policy throughout the week and digested a slightly softer than expected U.S. jobs report earlier in the day. The pan-European STOXX 600 was down 0.7% for the week, and snapped a 10-session winning …
STOXX 600 snaps 10-week winning streak as US tariff uncertainty weighs Read More »
By Foo Yun Chee BRUSSELS (Reuters) – Europe’s new tech rule aims to keep digital markets open and is not targeted at U.S. tech giants, EU antitrust and tech chiefs told U.S. congressmen, reminding them that U.S. enforcers have in recent years also cracked down on these companies. The comments by EU antitrust chief Teresa …
EU denies picking on US tech giants, says US also tackling monopolisation Read More »
