Reuters UK Business

By Foo Yun Chee BRUSSELS (Reuters) -SAP, Europe’s largest software maker, has offered concessions to address EU antitrust concerns related to its business practices, sources with direct knowledge of the matter said, as it seeks to stave off an investigation and potential fine. Germany’s SAP is the world leader in enterprise resource planning (ERP) software …

Exclusive-SAP offers concessions in bid to address EU antitrust concerns, sources say Read More »

By Jan Wolfe and Nichola Groom (Reuters) -Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump’s administration halted the project last month. The ruling is a legal setback for Trump, who has sought …

US judge rules Trump cannot block Rhode Island offshore wind project Read More »

(Reuters) -Chipmaker Nvidia is set to invest up to $100 billion in ChatGPT-parent OpenAI, signing a letter of intent for a strategic partnership to deploy at least 10 gigawatts of compute, the companies said on Monday. Nvidia has used its financial clout to keep its hardware central to the buildout of artificial intelligence systems. Keeping …

Analysts react to Nvidia’s $100 billion investment in OpenAI Read More »

(Reuters) -KBC Group said on Monday it is only exploring an acquisition of insurer Ethias NV after Bloomberg News reported that the Belgian lender was mulling a deal for Dutch rival ABN Amro Bank. “We are continuously monitoring the market to identify opportunities that strengthen our unique digital-first bank-insurance group,” a KBC spokesperson told Reuters …

KBC says it’s only exploring Ethias acquisition after report on potential ABN Amro deal Read More »

By Simon Jessop LONDON (Reuters) -An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion during its next five-year plan, executives told Reuters, and is seeking more philanthropic partners as richer nations cut government aid. The Global Energy Alliance for People and Planet, launched at global climate talks in 2021, …

Exclusive-Bezos-backed renewables alliance targets $7.5 billion for developing countries Read More »

(Reuters) -Netflix and Anheuser-Busch InBev have signed a global co-marketing deal to promote the streaming platform’s most-watched titles and the brewer’s beers, the companies said on Monday. The partnership will include campaigns tied to Netflix’s shows such as UK drama “The Gentlemen” and South Korea’s “Culinary Class Wars,” as well as limited-edition packaging and digital …

Netflix signs co-marketing deal with AB InBev to promote TV shows and beer Read More »