LONDON (Reuters) – Britain is planning to overhaul the country’s planning system to make it easier to install overhead cables and pylons, the Department for Energy Security and Net Zero said on Sunday, a move to help the government reach its net zero targets. A spokesperson for the department said the government had increased the …
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(Reuters) -Twitter is limiting how many tweets per day various accounts can read, to discourage “extreme levels” of data scraping and system manipulation, Executive Chair Elon Musk said in a post on the social media platform on Saturday. Verified accounts were initially limited to reading 6,000 posts a day, Musk said, adding that unverified accounts …
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By Valentina Za MILAN (Reuters) – Italy’s top four insurers and Germany’s Allianz have agreed a multi-billion euro rescue deal for Eurovita, industry supervisor IVASS said on Friday after months of work to broker an accord which also involves 25 banks. Earlier this year, Eurovita became the first Italian insurance company to be placed under …
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By Mrinmay Dey (Reuters) -Britain’s largest supermarket operator Tesco has appointed Gerry Murphy, current chair at Burberry and Tate & Lyle, as its new chairperson, it said on Saturday. The Irish businessman, who will take up the position on Sept. 1, replaces John Allan, after he resigned in June, saying claims of inappropriate behaviour levelled …
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PARIS (Reuters) – Sales of new cars in France increased by 11.5% in June, data from industry body Plateforme de la filière automobile (PFA) showed on Saturday, leading to a 15.3% rise for the first half of the year. A total of 190,848 new cars were sold last month in France. (Reporting Gilles Guillaume; Editing …
(Reuters) – Swiss drugmaker Sandoz said on Saturday it had launched a biosimilar version of AbbVie Inc’s big selling arthritis treatment Humira, adding to U.S. competition for the drug that started in January. The Novartis-owned company said its drug, Hyrimoz, will be priced at a 5% discount off Humira’s current list price of $6,922 per …
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(Reuters) – Nokia said on Friday it had signed a new long-term patent license agreement with Apple, as the current license between the companies expires at the end of 2023. While terms of the agreement remain confidential between the companies, it covers Nokia’s inventions in 5G and other technologies. Nokia said the company expects to …
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By Brendan Pierson (Reuters) – The first U.S. trial over claims that discontinued heartburn drug Zantac causes cancer is now expected to take place in California state court on Nov. 13, a lawyer for plaintiffs in the litigation said Friday. Plaintiffs in the litigation claim that Zantac causes nine forms of cancer, including colorectal, breast …
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LONDON (Reuters) – Universities Superannuation Scheme (USS), one of the largest investors in Thames Water, has given its support to Britain’s biggest water supplier after the abrupt departure of its CEO raised concerns about its viability. The British government is considering temporary state ownership of the company, which supplies a quarter of British households, if …
Thames Water’s turnaround plan backed by investor USS Read More »
By Noel Randewich and Tiyashi Datta (Reuters) -Apple Inc’s stock market value ended a trading session above $3 trillion for the first time on Friday, lifted by signs of improving inflation and bets that the iPhone maker will successfully expand into new markets. Shares of the world’s most valuable company jumped 2.3% to $193.97, giving …
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