(This May 10 story has been recast to clarify Omari’s departure was unrelated to the flash crash, and corrects headline) By Sinead Cruise LONDON (Reuters) – Citigroup is looking for a new senior manager within its Delta One operations, a trading unit that sells financial products to sophisticated investors, according to three people familiar with …
Citi looks for new manager in Delta One unit -sources Read More »
(Reuters) – Russia has imposed sanctions against units of Gazprom Germania, in which its gas producer Gazprom ceded ownership, and also against EuRoPol GAZ SA, owner of the Polish part of the Yamal-Europe gas pipeline. BACKGROUND: The United States and its allies have imposed the most severe sanctions in modern history on Russia and Moscow’s …
Instant View: Russia sanctions European gas companies, Polish part of gas pipeline Read More »
(Reuters) -Britain’s Competition and Markets Authority (CMA) is expected to name Clive Bannister as its new chair to replace Andrew Tyrie, the Financial Times reported on Wednesday, citing people with knowledge of the process. The new appointment was expected to be announced next week, after Tyrie said he would step down in September 2020 and …
UK competition watchdog to name Clive Bannister as new chair – FT Read More »
BERLIN (Reuters) – Germany is examining a Russian announcement that it is imposing sanctions on parts of Gazprom Germania, the former German unit of Russian gas producer Gazprom, a spokesperson of the Economy Ministry said on Wednesday, adding it had no details. Gazprom Germania and its subsidiaries operate gas storage facilities and gas trading in …
Germany assessing Russian announcement on Gazprom Germania sanctions Read More »
LONDON (Reuters) – Britain’s government is preparing to announce a new support package to help shield households from a further jump in energy bills later this year, the Financial Times reported on Wednesday. Finance minister Rishi Sunak is looking to make an announcement in August around the time when the energy regulator prepares the next …
UK to provide more support to help households on energy bills, FT reports Read More »
By Greg Roumeliotis (Reuters) – Twitter Inc shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions over whether the world’s richest person will try to renegotiate the deal. On Tuesday, the implied probability of the deal closing …
Explainer-Can Elon Musk renegotiate a lower price for his Twitter deal? Read More »
By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google on Wednesday unveiled a palette of 10 skin tones that it described as a step forward in making gadgets and apps that better serve people of color. The company said its new Monk Skin Tone Scale replaces a flawed standard of six colors known as …
Google unveils new 10-shade skin tone scale to test AI for bias Read More »
(Reuters) -French video game group Ubisoft on Wednesday forecast lower operating profit for 2022-23 after the company reported operating income for 2021-22 that missed estimates. Gaming companies saw a jump in demand in 2020 as people were restricted to their homes during coronavirus-related lockdowns but some are now facing production delays. Ubisoft, whose titles include …
Ubisoft expects lower profits in 2022-23 after missing full-year estimate Read More »
By David Milliken LONDON (Reuters) – The Bank of England will probably need to raise interest rates much more sharply than financial markets expect to get soaring inflation under control, former policymakers said on Wednesday. The BoE’s Monetary Policy Committee (MPC) has raised its key interest rate four times since December to 1% – the …
Bank of England interest rate could hit 4% or more, ex-policymakers warn Read More »
By Kate Abnett BRUSSELS (Reuters) – Lawmakers on the European Parliament’s environment committee on Tuesday backed an EU plan to effectively ban new petrol and diesel car sales from 2035, while voting against proposals for tougher targets to cut car CO2 emissions within this decade. The committee supported the proposal for a 100% cut in …
EU lawmakers back effective ban on new fossil-fuel cars from 2035 Read More »
