AMSTERDAM (Reuters) – Dutch consumer rights watchdog ACM said on Tuesday it had opened an investigation into social media platform Snapchat, over possible failures to protect minors from illegal sellers of vapes. The ACM said it had indications that Snapchat was not doing enough to prevent its platform from being used to sell vapes to …
Dutch probe Snapchat over alleged failure to tackle vape sellers Read More »
MILAN (Reuters) -Ferrari on Tuesday completed a refresh of its hybrid range with the new 849 Testarossa sportscar, a tribute to the famous original Testarossa model of the 1980s. Ferrari unveiled the new plug-in hybrid, four-wheel drive in Milan, a car which will replace 2019’s SF90 Stradale at the top of its range. The new …
Ferrari evokes spirit of 1980s with new 849 Testarossa hybrid Read More »
By Clara Denina and Iain Withers LONDON (Reuters) -The $53 billion planned merger between Anglo American and Teck Resources announced on Tuesday marks a breakthrough after years of failed mining sector consolidation attempts and could spur their rivals to action. The sector’s second-biggest ever tie-up that would create the world’s fifth-largest copper company appears to have …
Analysis-Anglo-Teck proposed merger could break mining consolidation deadlock Read More »
PARIS (Reuters) -France’s economy is set to maintain steady growth in the third quarter despite the re-emergence of political uncertainty, thanks to solid manufacturing activity, the central bank forecast on Tuesday. The euro zone’s second-biggest economy was on course to grow 0.3% from the second quarter when it also grew 0.3%, the Bank of France …
French central bank sees 0.3% third-quarter growth Read More »
By Clara Denina LONDON (Reuters) – London-listed miner Anglo American and Canada’s Teck Resources plan to merge, the two companies said on Tuesday, marking the sector’s second-biggest M&A deal ever and forging a new global copper-focused heavyweight. Under the proposed deal, which will require regulatory approvals, Anglo American shareholders would own 62.4% of new company Anglo Teck, …
Anglo American, Teck Resources to merge in second-largest mining deal ever Read More »
By Eric Onstad LONDON (Reuters) -A whistleblower said employees at Marex Group plc improperly shared an investment fund’s confidential information to benefit Marex’s own trading position, the fund has alleged in a court filing. Ocean Freight Trident Offshore Master Fund Ltd, which took legal action last month against commodities broker and financial group Marex, said …
Fund alleges whistleblower accused Marex of using confidential information for trading Read More »
LONDON (Reuters) -Britain’s Financial Conduct Authority is scouring 30 million historic car finance agreements to see if consumers are eligible for compensation due to unfair loan terms, the regulator said on Tuesday. Quizzed by lawmakers ahead of a consultation on a redress scheme, FCA CEO Nikhil Rathi said there was evidence of unfair relationships between …
UK watchdog examines 30 million car finance deals for compensation scheme Read More »
By David Milliken LONDON (Reuters) -British finance minister Rachel Reeves should break pre-election promises not to raise taxes on the general public rather than target businesses again in her November 26 budget, the head of the Confederation of British Industry said on Tuesday. Writing in The Guardian newspaper, CBI chief executive Rain Newton-Smith said new …
UK’s Reeves should break tax promises, not target business, CBI head says Read More »
(Reuters) -Nvidia said on Tuesday it would launch a new artificial intelligence chip by the end of next year, designed to handle complex functions such as creating videos and software. The chips, dubbed “Rubin CPX”, will be built on Nvidia’s next-generation Rubin architecture — the successor to its latest “Blackwell” technology that marked the company’s …
Nvidia unveils AI chips for video, software generation Read More »
(Reuters) – Britain’s FTSE 100 closed higher on Tuesday, boosted by energy and industrial mining stocks, as Anglo American jumped on a merger deal. The blue-chip FTSE 100 closed up 0.2%. The domestically focussed mid-cap index ended 0.4% lower, weighed down by consumer discretionary stocks. Industrial miners rose 2.7%, led by Anglo American, which rose …
FTSE 100 closes higher on a boost from energy, mining stocks; Anglo American soars Read More »
