By Gianluca Lo Nostro and Jakob Van Calster (Reuters) -The Dutch government is seeking to prevent the rollout of “buy now, pay later” services in physical retail outlets due to the financial risks they pose for consumers, according to a letter sent by Finance Minister Eelco Heinen to parliament on Tuesday. “Buy now, pay later” …
Dutch government aims to prevent ‘buy now, pay later’ purchases in stores Read More »
LONDON (Reuters) -Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow to founder Boaz Weinstein’s wider push to shake-up the UK’s 269 billion pound ($333 billion) trust sector. Saba’s eight resolutions were rejected by around 65% of votes cast and received …
Herald investors vote against Boaz Weinstein’s revamp plan Read More »
(Reuters) – Dutch coffee and tea producer JDE Peet’s said on Wednesday its Chief Financial Officer Scott Gray has resigned to join his family in the United States and will be replaced by an executive from another listed company. The new group finance chief will be announced along with JDE Peet’s full-year results in February …
By Catarina Demony LONDON (Reuters) – One of Britain’s biggest anti-racism organisations, Stand Up to Racism, said on Wednesday its Facebook page had been shut down for allegedly breaching the social media platform’s community standards on impersonation, though it was later reinstated. Facebook’s owner, Meta Platforms, said the page had been removed in error and …
Facebook removes, then reinstates, page of British anti-racism organisation Read More »
By Patricia Vilas Boas and Kylie Madry SAO PAULO (Reuters) – A plan to merge two of Brazil’s top airlines to create a dominant carrier will likely win regulatory approval as a government push for a financially healthy sector outweighs concern about restricted competition, experts and lawyers told Reuters. A floated combination of Gol and …
Analysis-Azul-Gol airline merger could be a ‘necessary evil’ in bumpy Brazil market Read More »
BERLIN (Reuters) – Germany’s interior minister told social media platforms on Wednesday to do more to prevent disinformation before next month’s election, such as clearly identifying political advertising and labelling videos manipulated with AI. Faeser met representatives of the U.S.-based Google, which owns YouTube; Meta, which owns Facebook and Instagram; Microsoft and X; and TikTok, …
Berlin urges tech firms to do more to stop disinformation ahead of vote Read More »
DAVOS (Reuters) – A fifth of private deals in 2024 had some sustainability element, UBS’ EMEA president told delegates at the World Economic Forum in Davos on Wednesday. “In the private space around 20% of all deals we have seen in 2024 are some how connected to sustainability in one way or another,” said Beatriz …
A fifth of private deals last year ‘sustainable’, UBS exec says Read More »
GDANSK (Reuters) – Polish medical diagnostics company Diagnostyka, which is set to make its stock market debut on Feb. 7, is planning further acquisitions in its home market with a focus on diagnostic imaging, co-founder and CEO Jakub Swadzba said on Wednesday. Swadzba however ruled out pursuing deals abroad. His company has been growing organically …
Poland’s Diagnostyka sees further M&A in medical imaging, CEO says Read More »
By Giancarlo Navach and Cristina Carlevaro BRESCIA, Italy (Reuters) – Italy hosted a pioneering test of a self-driving vehicle designed for car sharing as part of a project carried out by utility A2A in the northern city of Brescia, A2A and its partners said on Wednesday. A Stellantis’ electric FIAT 500 city car left the …
Italy tests self-driving vehicle in car sharing pilot Read More »
By Greta Rosen Fondahn (Reuters) – The pound rose for a third day to hit a two-week high against the dollar on Wednesday, as a lack of clarity on U.S. President Donald Trump’s tariff plans kept a lid on the greenback. Sterling was last up 0.1% at $1.2376, its highest since Jan. 8. The pound …
Sterling hits two-week high against dollar amid tariff uncertainty Read More »
