Reuters UK Business

By Raphael Satter WASHINGTON (Reuters) -Internet companies Google, Amazon and Cloudflare say they have weathered the internet’s largest-known denial of service attack and are sounding the alarm over a new technique they warn could easily cause widespread disruption. Alphabet Inc-owned Google said in a blog post published Tuesday that its cloud services had parried an …

Internet companies report biggest-ever denial of service operation Read More »

(Reuters) -Illumina Inc said on Wednesday it will divest cancer test maker Grail as expeditiously as possible if the life sciences company loses either of the final appeals in U.S. or European courts. The company also said that if it wins both the cases, it will reassess Grail’s assets, which might result in integrating or …

Illumina to divest cancer test maker Grail if it loses US or EU court appeal Read More »

By Jody Godoy and Luc Cohen NEW YORK (Reuters) -Caroline Ellison, Sam Bankman-Fried’s confidant who has pleaded guilty to helping him take billions in FTX customer assets, testified at his fraud trial on Wednesday that she had been “terrified” the truth would come out about the cryptocurrency exchange and that its ultimate collapse last year …

Tearful Caroline Ellison calls FTX collapse a ‘relief’ at Sam Bankman-Fried trial Read More »

By David Lawder MARRAKECH, Morocco (Reuters) – Support increased on Wednesday for the U.S.-backed call to boost the International Monetary Fund’s quota lending resources without shareholding changes, according to statements from various countries issued at the IMF’s annual meeting in Morocco. France, Britain, Ghana, Switzerland, Finland and Belgium said in statements to the IMF’s steering …

Money now, shares later: more IMF countries voice support for pragmatic IMF funding boost Read More »

By Radhika Anilkumar (Reuters) -British pub group Marston’s said on Wednesday operating profitability should improve beyond its initial expectations this financial year after it reduced headcount at its head office. The Wolverhampton-based company, which operates some 1,415 pubs and bars across England, Scotland and Wales, said in a trading update that it was aiming for …

British pub group Marston’s bullish about operating profit margin improvements Read More »

LONDON (Reuters) – BP has 18 billion barrels of oil equivalent resources in its portfolio that would meet its expectations for returns on investment, equating to 20 years of output at 2022 levels, it said in an investor presentation released on Wednesday. “We will of course remain disciplined evaluating these potential projects – applying our …

BP’s portfolio has 18 billion bbl meeting minimum return hurdles on investment Read More »

(Reuters) -Britain’s antitrust watchdog said on Wednesday it is looking into whether Vodafone and CK Hutchison’s $19 billion tie-up to create the country’s biggest mobile operator would lead to substantial lessening of competition. The Competition and Markets Authority (CMA) said it has invited comments from interested parties on the deal, which was announced in June. …

UK regulator examining Vodafone-Hutchison’s $19 billion merger Read More »

PARIS (Reuters) – Most electric cars produced in Europe, but also some made in Asia, will qualify for subsidies in France, finance ministry official Orianne Chenain told a news conference on Wednesday. Automakers must submit the specifications of their electric vehicles to French authorities in the hope they can continue to benefit from subsidies under …

Large number of EV cars should qualify for French subsidies -finance ministry official Read More »