By Raphael Satter, Katie Paul and Sheila Dang (Reuters) – Maria Julia Assis was sitting down to a meal in her terraced home in north London when her 6-year-old son ran into the dining room, his face pale. The puzzle game on his Android phone had been interrupted by a video showing Hamas militants, …
Graphic pro-Israel ads make their way into children’s video games Read More »
LONDON (Reuters) – Billionaire entrepreneur Elon Musk is expected to attend a global summit on artificial intelligence in Britain this week, according to a government official. Britain is bringing together representatives of AI companies, political leaders and experts on Nov. 1-2 to discuss what some see as the risks posed by AI, with an aim …
Elon Musk expected to attend global AI summit in UK – source Read More »
(Reuters) -Meta Platforms said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with the European Union regulations. The monthly subscription plans for users in the EU, European Economic Area and Switzerland, will cost 9.99 euros ($10.58) for web users, while iOS and Android …
Meta introduces ad-free plans for Instagram, Facebook in Europe Read More »
By Carolyn Cohn and Pablo Mayo Cerqueiro LONDON (Reuters) – Financials Acquisition Corp said Monday it would ask shareholders to back its planned merger with its newly formed insurance venture, in a test of investor appetite for new stocks. The special purpose acquisition company (SPAC) unveiled plans earlier this year to combine with London Innovation …
London SPAC to test shareholder appetite for Lloyd’s of London venture Read More »
LONDON (Reuters) – Britain said on Monday it would put forward legislation to implement its first set of rules to regulate the crypto sector, requiring market participants to be authorised before they can offer services to consumers. The finance ministry said it would move ahead as proposed in an earlier public consultation, requiring firms undertaking …
Britain to push ahead with rules for cryptoassets Read More »
BERLIN (Reuters) – Germany’s economy shrank slightly in the third quarter, data showed on Monday, as Europe’s largest economy continues to be weighed down by weak purchasing power and higher interest rates. Gross domestic product fell by 0.1% quarter on quarter in adjusted terms, the federal statistics office said. A Reuters poll had forecast the …
(Reuters) – European shares recovered in early trading on Monday, boosted by healthcare stocks, as bond yields declined with investors assessing key inflation data. The pan-European STOXX 600 gained 0.8% by 0826 GMT, after falling over 4% in the past two weeks. Euro area sovereign bond yields dropped with investors reckoning markets broadly priced in …
European shares rise on healthcare boost, retreating bond yields Read More »
(This Oct. 27 story has been corrected to read divesting, not shutting down, in paragraph 15) By Marie Mannes and Louise Rasmussen STOCKHOLM (Reuters) – Shares in Electrolux sank to their lowest in more than a decade on Friday as quarterly core profits were far below expectations, while the company vowed more cost cutting to …
Electrolux shares hit lowest since 2012 on high costs, reluctant customers Read More »
FRANKFURT (Reuters) – The European Central Bank has kept up pressure on banks to loosen ties with Russia but it knows that it is not easy to secure approval from local authorities, ECB supervisor Andrea Enria said in an interview published on Monday. “We continue putting pressure on banks to downsize and potentially exit,” Enria …
ECB keeping up pressure on banks to loosen ties with Russia -Enria Read More »
(Reuters) – Inflation risks have yet to dissipate entirely for the European Central Bank to declare the end of its tightening cycle and December and March meetings will be the key milestones, ECB governing council member Peter Kazimir said on Monday. The European Central Bank ended an unprecedented streak of 10 consecutive interest rate hikes …
ECB’s Kazimir: too early to call end of rate hikes, bet on cuts Read More »
