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Deal-hungry equity investors eye Europe’s potential defence industry boom

(Fixes typo in paragraph 7) By Emma-Victoria Farr and Andres Gonzalez BERLIN (Reuters) -Global investors and advisers gathered at their annual conference in Berlin are looking at channelling funds into Europe’s defence industry, seeking to profit from governments’ ramped-up military spending and revive a sluggish private equity market. Private equity and venture capital-backed investment in …

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RBNZ restructures leadership team, to consult on organisational overhaul

(Reuters) -The New Zealand central bank said on Thursday it would consult staff on organisational changes later this month after restructuring its leadership team to streamline operations. The Reserve Bank of New Zealand is facing a 25% cut to its budget in the coming fiscal year. The bank said in a statement its leadership team …

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Microsoft offers to boost European governments’ cybersecurity for free

By Supantha Mukherjee STOCKHOLM (Reuters) -Microsoft is offering free of charge to European governments a cybersecurity programme, launched on Wednesday, to bolster their defences against cyber threats, including those enhanced by artificial intelligence, it said. After a surge in cyberattacks in Europe, many linked to state-sponsored actors from China, Iran, North Korea and Russia, the …

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Irish services sector expands faster in May but outlook remains unclear, PMI shows

DUBLIN (Reuters) – Ireland’s services sector expanded faster in May as a rebound in new business helped it buck a downturn for the euro zone as a whole, although concerns over global trade tensions weighed on future expectations, a survey showed on Thursday. The AIB Global S&P Purchasing Managers’ Index (PMI) rose to 54.7 in …

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Disney fails to stop YouTube from hiring veteran Connolly

(Reuters) – A judge in Los Angeles on Wednesday denied Walt Disney’s request for a preliminary injunction and a temporary restraining order aimed at preventing long-time executive Justin Connolly from joining Alphabet’s YouTube. Disney filed a lawsuit against YouTube in a state court in Los Angeles last month to stop the appointment, alleging breach of …

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Crime gang steals $64 million from UK tax office in phishing scam

LONDON (Reuters) -Organised criminals stole 47 million pounds ($63.76 million) from Britain’s tax office last year by using phishing tactics to access more than 100,000 customer accounts and falsely claim payments from the government. A notice posted by His Majesty’s Revenue and Customs (HMRC) on the government website on Wednesday disclosed the unauthorised access and …

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Britain’s sunny spring brings a bumper strawberry crop

By Gerhard Mey and Hannah McKay MAIDSTONE, England (Reuters) -Strawberry season has arrived early to Britain this year thanks to a “near perfect” spring blend of warm days, cool nights and high sunshine levels, growers said. The favourable conditions have meant sweeter, larger and more shapely strawberries arriving earlier on supermarket shelves this year and …

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