(Reuters) -Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of around $5 million, company owner Elon Musk said on Friday. “Note, the creator must be verified and only ads served to verified users count,” Musk, the billionaire who bought Twitter last October, said in a …
Twitter to pay verified creators for ads in replies, Musk says Read More »
By Aditya Soni and Hyunjoo Jin (Reuters) -Tesla shares closed 4% higher on Friday after General Motors joined Ford in agreeing to use its electric-vehicle charging network, a big win that analysts said could make Tesla Superchargers an industry standard in the United States. The rare partnership among three of the biggest U.S. automakers ensures …
Tesla jumps as GM deal makes its charging network closer to US standard Read More »
PARIS (Reuters) -France’s finance ministry is working on plans to close a tax loophole benefiting short-term furnished rentals such as Airbnb, Finance Minister Bruno Le Maire said on Friday. Many big French cities are facing housing shortages and renting flats to tourists on platforms such as Airbnb is often blamed for reducing the supply of …
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LONDON (Reuters) -The London Metal Exchange (LME) said on Friday it had received the first application to approve a new nickel brand for delivery against its nickel contract since it cut the waiting time for listing to three months from six to nine months in March. The 146-year-old exchange has struggled to revive nickel volumes …
LME gets first request to list new nickel brand since cutting waiting times Read More »
By Benoit Van Overstraeten and Leigh Thomas PARIS (Reuters) -French shoppers should pay less for their food from next month, Finance Minister Bruno Le Maire said on Friday, after he secured a pledge from 75 food companies including Unilever to cut prices on hundreds of products. The companies, which together make 80% of what the …
France strong-arms big food companies into cutting prices Read More »
(Reuters) – Prices of many food commodities have been falling in recent months but in many countries food inflation has remained stubbornly high, prompting calls for retail prices to be cut. France’s finance minister Bruno Le Maire said on Friday he had secured a pledge from 75 top food companies to cut prices on hundreds …
Cheaper food commodities prompt calls for retail price cuts Read More »
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares slipped on Friday, rounding off a lacklustre week that saw investors step to the sidelines ahead of crucial updates from the U.S. Fed and European Central Bank (ECB), while Croda slid on a tepid profit outlook. The pan-European STOXX 600 index closed 0.2% down and …
European shares slip as cenbank meetings loom, Croda falls on profit warning Read More »
By Johann M Cherian and Shashwat Chauhan (Reuters) -British equities slipped on Friday after chemicals firm Croda hauled the sector to its worst day in over three years, while housing-related stocks continued their downward spiral as stresses in the sector continued to build. The FTSE 100 benchmark index lost 0.5%, while the FTSE 250 midcap …
London stocks fall on homebuilders drag, Croda sell-off Read More »
By Shadia Nasralla LONDON (Reuters) -Britain’s windfall tax on oil and gas producers will not be applied if prices drop below certain levels for six months in a row, the finance ministry said on Friday, in a move the government hopes will boost energy security. The energy profit levy (EPL) was introduced in May last …
Britain to waive oil, gas windfall tax if prices fall far enough Read More »
By Amanda Cooper LONDON (Reuters) – The pound headed for a second week of gains on Friday, boosted by the prospect of UK interest rates catching up with U.S. rates, as the Bank of England fights to bring down the highest inflation across leading economies. Sterling is on track for a weekly rise of 0.7%, …
Sterling logs a second week of gains as rate outlook heats up Read More »
