(Reuters) – Betting firm Flutter Entertainment is in talks to buy Snaitech, one of Italy’s largest gambling companies, from UK’s Playtech in a deal which could be worth 2 billion pounds ($2.57 billion), Sky News reported on Wednesday. Playtech shares rose 17% following the news. ($1 = 0.7791 pounds) (This story has been refiled to …
Flutter in talks to buy Italy’s Snaitech for $2.6 billion, Sky News reports Read More »
LONDON (Reuters) – British house prices rose by 2.7% in the 12 months to June to an average of 288,000 pounds ($370,000), the Office for National Statistics said on Wednesday. June’s annual increase was the same as May’s, which was the joint-highest since March 2023. Rents for private housing rose by 8.6% in the year …
UK house prices rise by 2.7% in 12 months to June, ONS says Read More »
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp swung to a quarterly net loss due to higher than expected costs for legacy projects and halted the sale of one of its businesses, underscoring the industrial group’s restructuring challenges and sending its shares to a new low. The German company, which cut its annual profit …
MOSCOW (Reuters) – The Russian government has extended a ban on petrol exports until the end of 2024, the government said on Wednesday via its channel on the Telegram messaging app. The decision was taken to maintain stability in the market during a period of increased seasonal demand and scheduled refinery repairs, the government said. …
Russia extends ban on gasoline exports until end-2024, Ifax reports Read More »
By Pranav Kashyap (Reuters) -European shares rose on Wednesday, as investors awaited key data from the U.S. and the euro zone, while a raft of upbeat corporate updates lifted risk appetite. The pan-European STOXX 600 was up 0.3% to trade near a two-week high, as of 0822 GMT. All regional bourses were trading in positive …
European shares rise ahead of key US, euro zone data Read More »
By Dave Graham ZURICH (Reuters) -UBS on Wednesday reported a net profit of $1.14 billion for the April-June period, comfortably surpassing analysts’ forecasts as Switzerland’s largest bank enters a new stage in the integration of its one-time rival Credit Suisse. The net profit attributable to shareholders compared with the $528 million forecast by analysts in …
UBS posts $1.1 billion net profit in Q2, easily beating forecast Read More »
By Joanna Plucinska, Ilona Wissenbach and Andrey Sychev (Reuters) -Europe’s largest tour operator TUI exceeded profit expectations for the third quarter on Wednesday, buoyed by strong summer travel demand, a resurgence in packaged holidays and a boost from the bankruptcy of German rival FTI. Travel firms and airlines had hoped this summer season would outshine …
Tour operator TUI beats profit expectations on summer travel bookings Read More »
By Matthias Inverardi and Alexander Hübner DUSSELDORF (Reuters) -Rheinmetall will take over U.S. military vehicle supplier Loc Performance in a $950 million deal, the German defence group said, with an eye to improving its chances of scoring orders worth billions. “The acquisition expands the Group’s business with the U.S. military, increases its industrial base in …
Rheinmetall buys Loc Performance as it looks to expand in US market Read More »
By Mike Scarcella (Reuters) – A federal judge in Texas assigned to hear a lawsuit by Elon Musk’s social media platform X against a group of advertisers has removed himself from the case following reports that he owned shares of another Musk company, Tesla. U.S. District Judge Reed O’Connor in Fort Worth, Texas did not …
Texas judge in lawsuit by Musk’s X against advertisers exits case Read More »
AMSTERDAM (Reuters) – Dutch-based copyright enforcement group BREIN has taken down a large language dataset that was being offered for use in training AI models, the organization said on Tuesday. The dataset included information collected without permission from tens of thousands of books, news sites, and Dutch language subtitles harvested from “countless” films and TV …
Copyright group takes down Dutch language AI dataset Read More »
