Reuters UK Business

(Reuters) – Italian tech startup Exein has agreed with Taiwan’s MediaTek to provide cybersecurity systems to be embedded on the chipmaker’s Genio platform, Exein said on Wednesday. The deal will provide security features to billions of chips using the system worldwide in industries including mobile, home, automotive and healthcare, Exein said in a statement. WHY …

Italian startup Exein to supply cybersecurity for chips to MediaTek Read More »

LONDON (Reuters) – The London Bullion Market Association has launched a digital database for gold bars to improve transparency in the precious metals market, expecting all LBMA-accredited refineries to come onboard in 2025. The LBMA’s “good delivery” list currently includes 66 gold refiners and 82 silver refiners around the globe, which must source gold responsibly …

London bullion association launches digital database for gold bars Read More »

AMSTERDAM (Reuters) – Dutch airline KLM on Wednesday said it would scrap 250 office jobs in a push to cut costs and improve profitability. The move is part of a plan announced in October to improve the profitability of the Dutch arm of Air France KLM by 450 million euros ($469 million) in the short …

Dutch airline KLM scraps 250 office jobs in profitability drive Read More »

MADRID (Reuters) – Spanish telecoms company Telefonica has hired investment bank JPMorgan to evaluate a possible sale of Argentina business, newspaper Expansion reported on Wednesday, citing unidentified sources close to the process. Potential buyers include Luxembourg-based Millicom, which is present in several markets in Latin America, plus French telecoms operator Iliad as well as Argentinian …

Telefonica hires JPMorgan to sell Argentina business, Expansion reports Read More »

(Reuters) – Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to impress investors, following a string of strong results from rivals and recent price gains. “With luxury peers (Richemont, Burberry, Cucinelli, Zegna) having reported significant QoQ sales improvement and beats vs. expectations, the …

LVMH shares fall as sales growth fails to impress Read More »

FRANKFURT (Reuters) – German carmaker Volkswagen is considering setting up production sites in the United States for its high-end Audi and Porsche brands to avert fallout from tariffs threatened by President Donald Trump, Handelsblatt reported on Wednesday. The newspaper, citing several people familiar with the deliberations, said the two luxury brands were seen as particularly …

Volkswagen considers US production sites for Audi, Porsche brands, Handelsblatt reports Read More »