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By Joey Roulette WASHINGTON (Reuters) – Apple cofounder Steve Wozniak’s space data startup, Privateer, has raised $56.5 million and also acquired the analytics firm Orbital Insight, a merger that will add mapping and intelligence services to Privateer’s space data offerings, Privateer’s CEO told Reuters. Privateer, founded in 2021 to help satellite operators navigate in Earth’s …

Exclusive-Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million Read More »

ZURICH (Reuters) – The Swiss National Bank is examining the best way that financial assets can be digitally tokenised as a way of making payments more secure and efficient, Chairman Thomas Jordan said on Monday. Jordan said central banks needed to decide how best to engage in the developments which advocates say will speed up …

Swiss National Bank exploring ways to tokenise financial assets Read More »

By Siddharth Cavale NEW YORK (Reuters) – The U.S. arm of German-owned discount supermarket chain Aldi urged its suppliers on Monday to drive down costs, increase production of items like cheese, bring operations closer to stores, and focus on sustainability to sharpen the chain’s competitive edge against rivals. In its inaugural U.S. supplier summit, Aldi …

Aldi urges suppliers to cut costs and go green amid U.S. expansion Read More »

By Philip Blenkinsop BRUSSELS (Reuters) – The European Union would ban trans-shipment of Russian LNG, the use of EU ports by vessels transporting goods contributing to Russia’s war effort and make EU operators more accountable for any sanctions violations, according to a text under discussion. The text seen by Reuters on Monday covers proposals that …

EU eyes shipping, violations in new sanctions package, according to text Read More »

PARIS (Reuters) -France’s car industry will aim to ramp up electric car sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday, just as the president of China embarks on a state visit in the country. French President Emmanuel Macron has set a goal for the nation’s carmakers to produce …

French carmakers target fourfold jump in EV sales by 2027 Read More »

(Reuters) – Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to east-west trade. Some shipping companies have responded by instructing vessels to sail around southern Africa instead, a longer and therefore more expensive route. Below are actions taken by companies (in alphabetical order): C.H. …

Factbox-Shipping firms respond to Houthi attacks in Red Sea Read More »

(Reuters) – Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to east-west trade. Some shipping companies have responded by instructing vessels to sail around southern Africa instead, a longer and therefore more expensive route. Below are actions taken by companies (in alphabetical order): C.H. …

Factbox-Shipping firms respond to Houthi attacks in Red Sea Read More »