Reuters UK Business

By Foo Yun Chee BRUSSELS (Reuters) – The European Consumer Organisation (BEUC) has joined the chorus of concern about ChatGPT and other artificial intelligence chatbots, calling on EU consumer protection agencies to investigate the technology and the potential harm to individuals. The growing popularity of Microsoft-backed Open AI’s ChatGPT, which can mimic humans and create …

Consumer protection bodies urged to investigate ChatGPT, others Read More »

By Nina Chestney and Susanna Twidale LONDON (Reuters) – After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it’s unlikely to be all plain sailing. Rising costs and supply chain bottlenecks have hit …

Floating wind power gains traction but can it set sail? Read More »

ROME (Reuters) -Italy’s Treasury and Germany’s Lufthansa have agreed to extend exclusive talks over the sale of ITA Airways until May 12 from the previous deadline of April 24, a source close to the matter told Reuters on Monday. State-controlled ITA officially replaced the money-losing Alitalia airline in 2021. The source, speaking on condition of …

Italy, Lufthansa extend exclusive talks on ITA Airways sale Read More »

By Francesca Landini and Giuseppe Fonte MILAN/ROME (Reuters) – Italy’s Treasury has told investors it wants utility Enel to continue to play a leading role in renewable energies while accelerating the disposal of assets and maintaining its dividend policy, two sources familiar with the matter said. Investors in Enel, Italy’s biggest utility, will vote on …

Italy’s Treasury reassures investors on Enel green drive, debt cut, sources say Read More »

By Muvija M and David Milliken LONDON (Reuters) -The Confederation of British Industry (CBI) hired “culturally toxic” staff with “abhorrent” attitudes towards female colleagues, the business group’s president said on Monday after a review into rape allegations and other serious misconduct. The CBI – one of Britain’s best known business organisations – has been beset …

Britain’s CBI says it hired some ‘culturally toxic’ people Read More »

FRANKFURT (Reuters) – Daimler Truck on Monday said its first-quarter results came in above market expectations, boosted by what it said was strong demand and an increase in unit sales. Preliminary first-quarter adjusted earnings before interest and tax cane in at 1.162 billion euros ($1.28 billion), up 78% year-on-year and also higher than the 976 …

Daimler Truck Q1 operating profit beats estimate Read More »

By Ron Bousso LONDON (Reuters) – Chevron is preparing to issue a tender to lease a drilling ship to explore for natural gas off Cyprus, Egypt and Israel, it said on Monday. Reuters this month cited sources saying that the U.S. company had issued a tender seeking a drilling vessel in 2024 for a year …

Chevron prepares tender for East Med drilling vessel Read More »

By Elizabeth Howcroft LONDON (Reuters) – Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called “crypto winter” is over. Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as the U.S. Federal Reserve ends its rate-hiking …

Bitcoin could hit $100,000 by end-2024, Standard Chartered says Read More »