By Tom Hals WILMINGTON, Delaware (Reuters) – A Delaware judge said she will grant a January trial requested by Warren Buffett’s Berkshire Hathaway, if it agrees to certain conditions, to resolve claims that billionaire Jimmy Haslam tried to improperly inflate his stake in a truck stop chain. Vice Chancellor Morgan Zurn of Delaware’s Court of …
Judge offers Berkshire possible speedy trial over Pilot dispute Read More »
By Tom Wilson, Tom Westbrook and Chibuike Oguh LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose on Monday, briefly surpassing $42,000 to reach a 20-month high, in a new surge of momentum fueled by U.S. interest rate cut expectations and traders betting that American regulators will soon approve exchange-traded spot bitcoin funds. The world’s biggest cryptocurrency rose to …
Bitcoin rises above $42,000 for first time since April 2022 Read More »
LONDON (Reuters) -Sky Sports has won the rights to show nearly a hundred more English Premier League matches from 2025, the league said on Monday, adding that all games except Saturday 3pm kickoffs would be televised in Britain for the first time. Sky Sports will show a minimum of 215 live matches per season between …
Soccer-Sky to show dozens more Premier League games a season in UK from 2025 Read More »
By Pablo Mayo Cerqueiro and Juby Babu (Reuters) – Qatar Holding is looking to sell around 510 million pounds ($643.72 million) of shares in Barclays, one of the banks acting on the deal said on Monday, cutting back on its crisis-era investment in the British bank. The deal is set to price at 141 pence …
Qatar to sell around $644 million shares in Barclays Read More »
MILAN (Reuters) – European EV battery maker ACC said the development schedule of its planned Italian gigafactory would depend on the market for electric cars in the coming years, local unions reported on Monday after meeting the company. After years of accelerating growth, Europe’s electric car sales appear to be entering a go-slow zone as …
ACC sees Italy gigafactory development linked to electric car growth – unions Read More »
By Inti Landauro MADRID (Reuters) -A group representing 83 Spanish media outlets has filed a 550 million euro ($600 million) lawsuit against Facebook owner Meta Platforms, citing unfair competition in the advertising market in a case that could be replicated across the European Union. The AMI media association said in a statement on Monday the …
Facebook owner Meta faces $600 million lawsuit from Spanish media Read More »
PARIS (Reuters) – Societe Generale, France’s third-biggest listed bank, said on Monday it issued its first so-called digital green bond on a public blockchain, as the lender seeks to build expertise in crypto services. The inaugural transaction amounts to 10 million euros ($10.87 million) worth of senior preferred unsecured bonds with a maturity of 3 …
SocGen issues 10-million-euro digital green bond on a public blockchain Read More »
MILAN (Reuters) – Energy group Eni signed on Monday a memorandum of understanding with Italy’s ministry of defence covering several areas including the protection of energy infrastructure and the promotion of new technologies. “Today’s agreement strengthens the cooperation already in place and confirms the importance of public-private partnerships as an effective risk management tool to …
Eni signs deal with Italy’s defence ministry on security Read More »
BERLIN (Reuters) – German Chancellor Olaf Scholz said on Monday he expected his coalition government to swiftly come to an agreement on the 2024 budget after a constitutional court ruling derailed its financial plans. Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held crisis talks on the budget over the weekend which are …
Germany’s Scholz expects coalition to swiftly agree deal on 2024 budget Read More »
By Shashwat Chauhan and Sruthi Shankar (Reuters) -Britain’s FTSE 100 eased on Monday from a more than one-month closing peak, as heavyweight energy and mining stocks fell after a stronger dollar and concerns about China’s economy dragged down oil and metal prices. The commodities-heavy FTSE 100 slipped 0.2%, after closing on Friday at its strongest …
