PARIS (Reuters) – French economic growth is set to stall in the last three months of the year but not retreat as some business leaders fear, the central bank estimated on Tuesday in its monthly outlook. Growth in the euro zone’s second-biggest economy was widely expected to cool after reaching 0.4% in the third quarter, …
French central bank sees growth flatlining in fourth quarter Read More »
By Anna Tong SAN FRANCISCO (Reuters) – – A former OpenAI researcher has raised $40 million for a startup that will build artificial-intelligence models that connect emotionally with humans via voice, the company said on Monday. The startup, WaveForms AI, is backed by Andreessen Horowitz and valued at $200 million, CEO Alexis Conneau told Reuters. Conneau …
Former OpenAI researcher raises $40 million to build more empathetic audio AI Read More »
ROME (Reuters) – Italy’s Industry Minister Adolfo Urso announced a deal on Tuesday to avert 249 layoffs at suppliers to Stellantis, saying he hoped the breakthrough would help repair strained relations with the carmaker. Stellantis and Italy’s government have been at loggerheads for months, with politicians in Rome accusing Fiat’s parent company and its CEO …
Italy eyes better relations with Stellantis after automaker saves supplier jobs Read More »
By Emma Farge and Joanna Plucinska GENEVA (Reuters) -Global airlines body IATA forecast industry-wide 2025 revenue of more than a trillion dollars and record passenger numbers, despite what its chief Willie Walsh said on Tuesday were “unacceptable” difficulties in securing new planes. Airlines around the world have seen their growth hampered by delays in jet …
Global airlines forecast $1 trillion 2025 revenue despite plane shortage Read More »
By Michael Holden LONDON (Reuters) – Prince Harry could be quizzed for four days in the witness box by lawyers for Rupert Murdoch’s News Group Newspapers (NGN) when his lawsuit against the publisher goes to trial next month, London’s High Court was told on Tuesday. King Charles’ younger son is suing NGN over alleged unlawful …
Prince Harry faces four days in witness box in Murdoch papers trial Read More »
By Shubham Batra and Johann M Cherian (Reuters) – The STOXX 600 index settled lower on Tuesday, ending an eight-session winning run, with luxury stocks leading declines after weak trade data out of China, while investors awaited a policy decision by the European Central bank later in the week. The pan-European STOXX 600 index was …
STOXX 600 ends eight-day winning streak; ECB decision in focus Read More »
OSLO (Reuters) – Norway’s Equinor alongside partners BP and TotalEnergies, have taken the final investment decision for two of the Britain’s first carbon capture and storage projects in northern England, they said on Tuesday. The three companies are joint partners in the Northern Endurance Partnership Project (NEP) which will permanently store up to an initial …
Equinor, BP, TotalEnergies seal investment into Britain’s carbon capture projects Read More »
(Reuters) – Britain’s FTSE 100 fell on Tuesday as mining shares slipped, while Ashtead dropped after it warned of lower than expected annual profit and proposed to move its primary listing to New York from London. The blue-chip FTSE 100 fell 0.9%, its worst day since Nov. 12, while the midcap FTSE 250 was down …
UK’s FTSE 100 has worst day in four weeks; Ashtead slumps Read More »
LONDON (Reuters) – British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year. Greenpeace said it had agreed to pay 300,000 pounds ($382,650) to the Royal National Lifeboat Institute (RNLI), a charity that runs a search and …
Shell settles lawsuit against Greenpeace over activists boarding oil vessel Read More »
By Kate Abnett BRUSSELS (Reuters) -The European Parliament’s biggest political group is mounting a campaign to weaken the EU’s main policies for cutting CO2 emissions from cars, a draft position paper seen by Reuters showed. The demands from the centre-right European People’s Party (EPP), due to be published on Wednesday, would add to mounting pressure …
EU’s largest political group pushes to weaken combustion engine ban Read More »
