BERLIN (Reuters) – Exports to Germany’s most important overseas trade partners, including the United States and China, fell significantly at the end of last year, according to statistics office data on Monday. In December, exports to countries outside the European Union fell 4.0% compared with November, on a calendar and seasonally adjusted basis, to 57.2 …
German exports to US, China fall sharply in December Read More »
MOSCOW (Reuters) – Russian energy company Novatek is likely to resume large-scale operations at its Ust-Luga processing complex and Baltic Sea terminal within weeks, after a fire started by what Ukrainian media said was a drone attack, analysts said on Monday. Novatek said on Sunday it had been forced to suspend some operations at the …
LONDON (Reuters) – A parcel delivery firm in Britain has disabled the artificial intelligence (AI) function in its online chat systems after a frustrated user coaxed the system into composing a poem about how bad the company’s customer service was. “There was once a chatbot named DPD, Who was useless at providing help,” the bot …
UK parcel firm disables AI after poetic bot goes rogue Read More »
PARIS (Reuters) – French gaming company La Francaise des Jeux launched a takeover offer to buy Swedish online peer Kindred Group on Monday in a deal it said would create the second-biggest operator in Europe’s gaming sector. FDJ said it was offering 130 Swedish crowns ($12.43) a share for Kindred, which would correspond to an …
France’s FDJ offers $2.8 billion for Swedish online gaming firm Kindred Read More »
(Reuters) – European shares opened higher on Monday, catching the tailwind from a bounce on Wall Street that drove the benchmark S&P 500 to a record peak in the previous session, while investors await the European Central Bank’s policy decision due this week. The pan-European STOXX 600 index was up 0.7%, as of 0810 GMT, …
European shares rise on Wall Street bounce; ECB decision in focus Read More »
LONDON (Reuters) – Private equity group Hg is selling its stake in Argus Media in a deal that will give majority ownernship of the commodities pricing data company to Chairman and CEO Adrian Binks. The deal values Hg’s investment in Argus Media at about 52 million pounds ($66.09 million) and will involve Binks and existing …
Private equity group Hg agrees sale of Argus Media stake Read More »
By Huw Jones LONDON (Reuters) -Britain’s listed companies have until January 2026 to show what checks they carry out on internal controls each year to ensure the accuracy of information to investors, Britain’s Financial Reporting Council said on Monday, confirming that tougher requirements have been ditched after pushback from industry. Companies are required to comply …
UK watchdog confirms scrapping of tougher company internal controls Read More »
LONDON (Reuters) -Big central banks are kicking off their first meetings of 2024 with the Bank of Japan and European Central Bank gathering in coming days, while in emerging markets Turkey takes centre stage. Earnings season and a snapshot of how business activity is holding up in January as turmoil in the Red Sea wreaks …
(Reuters) -Industrial components manufacturer Trifast on Monday forecast 2024 fiscal year results “significantly below” its previous expectations in a weak demand environment and said it would cut about 10% of its non-operational staff globally. The company, which makes industrial fastenings mainly for global assembly industries, said it would undertake a strategic review of its global …
UK’s Trifast warns on annual profit, to cut 10% jobs globally Read More »
(Reuters) – Germany’s GDL train drivers’ union on Monday called for a fourth round of strikes this week, as it further escalated a wage dispute with Deutsche Bahn after rejecting a new tariff offer submitted by the rail operator on Friday. The strike is to run from 02:00 am local time (01:00 am GMT) on …
German train drivers union calls for further strikes this week Read More »
