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Ukraine signs ‘dozens’ of joint production deals with Western defence firms

(Reuters) – Ukraine has agreed dozens of contracts for joint production or technology exchanges with Western partners, Kyiv said on Friday, as it strives to reduce its dependence on military supplies from the West and to boost domestic output. The effort to ramp up production at home has become critically important as the future of …

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Top US auto safety official will leave agency

By David Shepardson WASHINGTON (Reuters) -The acting head of the National Highway Traffic Safety Administration (NHTSA) said on Friday she is stepping down from her post after overseeing the agency’s investigation into Tesla Autopilot and efforts to strengthen fuel efficiency regulations. Acting NHTSA Administrator Ann Carlson, who has run the agency since September 2022, told …

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Ukraine mobile operator Kyivstar says services being restored

(Reuters) – Ukraine’s biggest mobile operator, hit by a mass cyberattack this week, said on Friday that it had restored mobile internet throughout Ukraine and restored international roaming. In a statement on Facebook, Kyivstar said it was working on restoring SMS text messaging. The network, it said, was operating on all standards, including 4G. “This …

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Maersk to pause all container ship traffic through the Red Sea

HELSINKI (Reuters) – Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday. “Following the near-miss incident involving Maersk Gibraltar yesterday and yet another attack on a container vessel today, we have instructed all Maersk vessels in the area …

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Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

By Amy-Jo Crowley, Elvira Pollina and Paul Sandle LONDON/MILAN (Reuters) – French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said. Vodafone CEO Margherita Della Valle, under pressure to improve profitability, said …

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Russian finance ministry adjusts some parameters of preferential lending scheme

MOSCOW (Reuters) – The Russian finance ministry on Friday said it was adjusting some terms of a preferential mortgage programme that enables households to borrow money at a lower interest rate than the market rate. The central bank, which on Friday hiked interest rates to 16% in the face of stubborn inflation pressure, has spoken …

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Vivendi files complaint against Telecom Italia network sale

By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) said on Friday its top investor Vivendi had filed a complaint at a Milan court to challenge the 19-billion-euro ($21 billion) sale of the former phone monopoly’s domestic fixed-line network to KKR. In its complaint, Vivendi asked for the court to annul the decision by TIM’s board …

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Russian court sides with Campari in Aperol distributor lawsuit

MOSCOW (Reuters) -A Russian court has banned a local distribution company from importing and selling Campari’s trademarked Aperol drink in the country in a case brought by the Italian spirits group, court documents showed. The case highlights potential trademark issues as copycat producers and unauthorised importers seek to fill a void after scores of foreign …

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