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Euro zone ministers to look at how to boost euro stablecoin issuance

7 Oct 2025

By Jan Strupczewski BRUSSELS (Reuters) -Euro zone finance ministers will discuss on Thursday how they can support the development of euro-denominated stablecoins so as not to leave the rapidly growing market only to the United States, a senior euro zone official said. Stablecoins are digital tokens that have stable value against a regular currency and …

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Not in Poland’s interest to give Germany Nord Stream suspect, Tusk says

7 Oct 2025

WARSAW (Reuters) -It is not in Poland’s interest to hand over a Ukrainian man wanted by Germany for suspected involvement in explosions which damaged the Nord Stream gas pipelines, the Polish prime minister said on Tuesday. Donald Tusk said that ultimately it was for the court to decide whether Volodymyr Z., who was detained near …

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Mars set to win unconditional EU nod for $36 billion Kellanova deal, sources say

7 Oct 2025

By Foo Yun Chee BRUSSELS (Reuters) -Candy and snacks giant Mars’ $36 billion bid to acquire Pringles maker Kellanova is set to clear a major hurdle by winning unconditional European Union antitrust approval, three people with direct knowledge of the matter said. The deal, among the biggest in the sector, would bring under one roof …

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Emerging market debt database run by development banks turns to AI to fine-tune risk

7 Oct 2025

(Corrects name of database in second paragraph to add dropped word ‘Risk’) LONDON (Reuters) -A global database of emerging market debt statistics created by top development banks is aiming to use artificial intelligence to parse risk more comprehensively for investors and help lower borrowing costs for developing countries. UK-based AI firm Galytix is creating a …

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Continental reaches deal with ex-managers in diesel scandal, reports Handelsblatt

7 Oct 2025

BERLIN (Reuters) -Germany’s Continental AG has reached a deal with former managers that will see their insurance pay damages between 40 million and 50 million euros ($46.7 million-$58.3 million) in connection with the diesel scandal, reported the Handelsblatt newspaper on Tuesday. The deal with insurers, subject to shareholder approval, covers only some of the total …

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Belarus ramps up fuel exports to gasoline-thirsty Russia

7 Oct 2025

MOSCOW (Reuters) -Belarusian rail-transported gasoline exports to Russia jumped fourfold month-on-month in September, as Moscow sought to tackle fuel shortages caused by Ukrainian attacks on its energy infrastructure, industry sources told Reuters on Tuesday. Several Russian regions have introduced rationing and have temporarily frozen fuel prices in recent weeks amid a scarcity of popular types …

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Qualcomm buys open-source electronics firm Arduino

7 Oct 2025

By Stephen Nellis SAN FRANCISCO (Reuters) -Qualcomm on Tuesday said it has acquired Arduino, an Italian not-for-profit firm that makes hardware and software for developing prototypes of robots and other electronic gadgets. San Diego-based Qualcomm is a major supplier of chips at the heart of mobile phones but has been expanding into other fields such as connected …

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Ukraine wants to increase gas imports by 30% after Russian attacks

7 Oct 2025

By Pavel Polityuk KYIV (Reuters) -Ukraine wants to increase natural gas imports by 30% following Russian airstrikes on its gas infrastructure, damage from which Ukrainian Energy Minister Svitlana Hrynchuk described on Tuesday as significant. Russia has sharply intensified its attacks on Ukraine’s energy sector in recent weeks, and last Friday attacked Ukraine’s main gas fields, …

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Sluggish summer brings down forecast for tourism growth in Spain

7 Oct 2025

MADRID (Reuters) -Growth in Spain’s tourism industry has slowed down sharply, driven by weaker spending by European and U.S. visitors, and its contribution to this year’s economic growth will be weaker than expected, industry group Exceltur said on Tuesday. Exceltur now expects all tourism-related activity in the world’s second most-visited country to grow by 2.8% …

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