By Foo Yun Chee BRUSSELS (Reuters) -The new few months will be crucial for Twitter to make good on commitments to fully heed European Union online content rules, EU industry chief Thierry Breton told its owner Elon Musk, ramping up pressure on the company amid concerns it may fall short on compliance efforts. The two …
EU industry chief Breton urges more compliance efforts from Twitter’s Musk Read More »
By Terje Solsvik OSLO (Reuters) -Loss-making Norwegian airline Flyr said on Tuesday it would file for bankruptcy after failing to raise the cash it needed for its operations. “There is no longer a realistic opportunity to achieve a solution for the short-term liquidity situation,” the company said in a statement, adding the board’s decision was …
VIENNA (Reuters) – Austria’s Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, on Tuesday said fourth-quarter profit more than doubled and that it had “advanced” its assessment of the future of its Russia and Belarus business. RBI has been studying strategic options for the business, including a possible withdrawal, following …
Austria’s RBI more than doubles quarterly profit Read More »
By Antony Paone, Dominique Vidalon and Ingrid Melander PARIS (Reuters) – Huge crowds marched across France on Tuesday to say “non” to President Emmanuel Macron’s plan to make people work longer before retirement, with pressure in the streets intensifying against a government that says it will stand its ground. Opinion polls show a substantial majority …
Huge crowds march across France, raising pressure against Macron’s pension reform Read More »
FRANKFURT (Reuters) – A London-based employee of advisory firm Perella Weinberg Partners under investigation for alleged insider trading has died by suicide, two people with knowledge of the situation said on Tuesday. “We are incredibly saddened by the tragic loss of our colleague,” Perella said in a statement, without giving details. German authorities said last …
Perella employee probed over alleged insider trading dies -sources Read More »
BRUSSELS (Reuters) – EU industry chief Thierry Breton on Tuesday told Twitter owner Elon Musk to do more to fully comply with the bloc’s online content rules. “I welcome the effort that Twitter is making to be in line with Europe’s objectives, while acknowledging that the next months will be crucial,” Breton said after a …
Exclusive-EU’s Breton tells Twitter to do more to comply with bloc’s tech rules Read More »
By Sruthi Shankar and Shristi Achar A (Reuters) – The UK’s main stock indexes fell on Tuesday as investors remained cautious ahead of major central bank decisions due this week, while the IMF’s warning about Britain’s economic outlook soured sentiment further. The blue-chip FTSE 100 index closed the session 0.2% lower, with economically sensitive banks …
UK stocks slip on IMF warning; Pets At Home jumps on forecast hike Read More »
By Bhanvi Satija and Michael Erman (Reuters) – Pfizer Inc on Tuesday forecast a bigger-than-expected drop in sales of its COVID-19 vaccine and treatment for 2023, intensifying investor concerns over demand for the products as governments cut orders and work through inventories. Chief Executive Albert Bourla said that 2023 should be a “transition year” for …
Pfizer sees steep 2023 fall in COVID sales, aims to bolster pipeline Read More »
(Reuters) – A Russian court on Tuesday fined streaming service Twitch 4 million roubles ($57,000) for failing to remove what it said were “fakes” about Russia’s military campaign in Ukraine, the Interfax news agency reported. Twitch, which is owned by Amazon, did not immediately respond to a request for comment. Moscow has long objected to …
Russian court fines Amazon’s Twitch $57,000 over Ukraine content Read More »
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk asked a U.S. judge to throw out a lawsuit claiming that his delayed disclosure of a large stake in Twitter Inc defrauded shareholders who sold Twitter stock at artificially low prices because they were kept in the dark. In the federal court case in Manhattan, investors …
Elon Musk seeks to end lawsuit over ‘inadvertent’ late disclosure of Twitter stake Read More »
