Reuters UK Business

Biden and UK’s Sunak pledge AI, minerals, Ukraine partnership

By Trevor Hunnicutt, Andrea Shalal and Kate Holton WASHINGTON (Reuters) -U.S. President Joe Biden and British Prime Minister Rishi Sunak said Thursday their countries would partner on advanced technologies, clean energy and critical minerals as they strengthen a historical security alliance. Biden and Sunak signed the “Atlantic Declaration,” which Sunak described as a first-of-its-kind economic …

Biden and UK’s Sunak pledge AI, minerals, Ukraine partnership Read More »

FTX U.S. judge expresses doubts about parallel Bahamian bankruptcy

By Dietrich Knauth NEW YORK (Reuters) – The judge overseeing FTX’s U.S. bankruptcy said Thursday that he would not defer to a Bahamian court about key issues like which FTX entity should collect assets and repay customers of the bankrupt crypto exchange. Liquidators for FTX Digital Markets, the exchange’s Bahamas-based subsidiary, have asked U.S. Bankruptcy …

FTX U.S. judge expresses doubts about parallel Bahamian bankruptcy Read More »

EU’s Breton demands Meta act against online content targeting children

By Foo Yun Chee BRUSSELS (Reuters) -EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle content targeting children, as Meta’s voluntary child protection code seemed not to be working. Social media platforms such as Meta’s Instagram, ByteDance’s TikTok, Snap’s Snapchat …

EU’s Breton demands Meta act against online content targeting children Read More »

France to invest 100 million euros in boosting nuclear training, innovation

By America Hernandez PARIS (Reuters) – France will on Friday grant more than 100 million euros ($107.8 million) to train workers and boost innovation in civil nuclear projects over the next decade, part of a wider plan to relaunch the ailing sector, the energy and education ministries said. The government will also receive a plan …

France to invest 100 million euros in boosting nuclear training, innovation Read More »

US and UK back new ‘Atlantic Declaration’ for economic cooperation

WASHINGTON/LONDON (Reuters) – Britain and the United States backed a new “Atlantic Declaration” on Thursday for greater cooperation on pressing economic challenges in areas like clean energy, critical minerals and artificial intelligence. The joint declaration described the partnership as the “first of its kind” in covering the broad spectrum of the two countries’ economic, technological, …

US and UK back new ‘Atlantic Declaration’ for economic cooperation Read More »

Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint

By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets. U.S. regulators suing crypto platforms Coinbase and Binance, along with last …

Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint Read More »

London stocks slip as interest rate angst persists; ex-div stocks weigh

(Fixes typographical error in 8th paragraph to make it “dividend” instead of “divided”) By Ankika Biswas and Shashwat Chauhan (Reuters) -British equities fell on Thursday, as sentiment around global interest rates remaining higher for a longer period pressured stocks, while Vodafone and Sainsbury going ex-dividend contributed to losses. The internationally-focused FTSE 100 slipped 0.3%, while …

London stocks slip as interest rate angst persists; ex-div stocks weigh Read More »

Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says

By Foo Yun Chee LUXEMBOURG (Reuters) – Amazon should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU competition enforcers, an adviser to Europe’s top court said on Thursday, as she cited errors in the EU regulator’s assessment. The European Commission in its 2017 decision said Amazon paid no …

Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says Read More »

UK’s FirstGroup shares surge as bus business powers profit beat

By Radhika Anilkumar (Reuters) -Britain’s FirstGroup beat annual profit forecasts on Thursday after its bus passenger figures were boosted by a government scheme to cap fares, sending its shares as much as 18% higher. The scheme to cap bus fares at 2 pounds was launched in January in England to help bring back passengers after …

UK’s FirstGroup shares surge as bus business powers profit beat Read More »

Close Bitnami banner
Bitnami