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(Reuters) – U.S. Secret Service Director James Murray is joining social media company Snap Inc as its chief security officer following his retirement from federal service, a Snap spokesperson said on Thursday. Murray’s retirement was announced by the Secret Service in a statement earlier on Thursday. He will start in his new role with Snap …

Snap Inc says outgoing U.S. Secret Service director to lead company’s security Read More »

By David Shepardson WASHINGTON (Reuters) – U.S. auto safety regulators have opened a special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3 where an advanced driver assistance system is suspected of use. The National Highway Traffic Safety Administration (NHTSA) cited the California incident in an emailed update on Thursday …

U.S. opens special probe into fatal Tesla pedestrian crash in California Read More »

MADRID (Reuters) – Spanish power group Iberdrola will develop 16 new renewables projects in the UK after it secured their financial viability through contracts for difference (CfD) with the British government, the company said on Thursday. Through ScottishPower, its subsidiary in the UK, Iberdrola has obtained CfDs for its large East Anglia Three offshore wind …

Iberdrola secures financial viability for 16 new UK renewables projects Read More »

By Brendan Pierson (Reuters) -Bayer AG and BASF have won a new trial on $60 million in punitive damages they were ordered to pay a Missouri peach farmer who said dicamba, a herbicide they produced, drifted onto his orchard and harmed his crops. The 8th U.S. Circuit Court of Appeals found that a federal jury …

Bayer, BASF win new trial on $60 million damage award in U.S. weedkiller lawsuit Read More »

By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators are investigating the video licensing policy of the Alliance for Open Media (AOM), whose members include Alphabet unit Google, Amazon, Apple and Meta, the European Commission said on Thursday. The investigation is the latest to hit the tech industry, which will be subject to tough new …

Exclusive-EU antitrust regulators probing tech group AOM’s video licensing policy Read More »

STOCKHOLM (Reuters) – Scandinavian airline SAS flew more than 1.9 million passengers in June, a rise of about 220% from a year ago, but said on Thursday a pilot strike grounding much of its planes since Monday had impacted bookings toward the end of the month. The airline, whose biggest owners are the Swedish and …

Airline SAS traffic surges in June ahead of strike Read More »

(Reuters) – Euro zone bond yields rose on Thursday, tracking overnight moves in U.S. Treasuries as the tussle between inflation and recession fears continued to grip markets. A deteriorating inflation situation and concern about lost faith in U.S. Federal Reserve’s power to make it better prompted U.S. central bank officials to rally around an outsized …

Euro zone yields rise after Fed minutes focus on inflation Read More »

By David Milliken LONDON (Reuters) -Britain faces an unsustainable debt burden more than three times its current level unless future governments raise taxes to fund increasing costs from an ageing population and falling revenue from taxation on motor fuel, a watchdog warned on Thursday. Britain’s Office for Budget Responsibility (OBR), a government agency, said debt …

UK faces unsustainable debt burden unless taxes rise, watchdog warns Read More »

ATHENS (Reuters) – Data on Greek producer price inflation in May, released by the country’s statistics service (ELSTAT) on Thursday: *************************************************************** KEY FIGURES May April March February January PPI y/y 43.0 48.8 46.2 33.6 31.6 PPI m/m -2.9 2.5 10.6 4.9 4.0 ————————————————————– source: ELSTAT (Reporting by Angeliki Koutantou)