A look at the day ahead in European and global markets from Vidya Ranganathan It’s not just the heatwave. UK consumers are paying through their noses for fish and chips too, and Friday brings the next quarterly survey of their views on inflation and rates. Back in March, consumers surveyed didn’t seem so confident the…
(Reuters) -Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, Microsoft Gaming CEO Phil Spencer said in a tweet on Sunday. A deal to keep Call of Duty on Playstation could further ease concerns surrounding the acquisition’s impact on competition. Speaking on the agreement, Microsoft President…
(Reuters) – The U.S. Federal Trade Commission (FTC) on Monday sued data broker Kochava Inc, alleging that the company sold data that tracks people at reproductive health clinics, places of worship and other several sensitive locations. The lawsuit seeks to halt Kochava’s sale of sensitive geolocation data and requires the company to delete the sensitive…
(Reuters) – Giant online retailer Amazon.com Inc will end its paid time-off policy for employees with COVID-19 from May 2, the company told U.S.-based staff on Saturday. The change follows the availability of COVID-19 vaccines and revised guidance from the U.S. Centers for Disease Control and Prevention, it said. The U.S.-based staff will now get…
By Gabriel Araujo and Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Airbus SE hopes to propose partnerships with Brzil’s Embraer SA in defense and space in the medium term, its regional executive overseeing those areas told Reuters, saying the two planemakers might complement each other in some ways. Any deal remains distant as negotiations…
By M. Sriram and Aditya Kalra MUMBAI/NEW DELHI (Reuters) – Starbucks is revamping its strategy to lure Indians, including children, with smaller, cheaper beverages as it looks to expand in small towns amid a fierce challenge from domestic startups in one of its fastest-growing markets. Among the first foreign coffee brands to enter tea-loving India,…
SHANGHAI (Reuters) -U.S. automaker Tesla is suspending production at its Shanghai factory for four days after the financial hub said on Sunday it would lock down in two stages to carry out mass testing for COVID 19, two people familiar with the matter said. The company has notified its workers and suppliers of the move,…
By David Milliken LONDON (Reuters) – More than a quarter of Britain’s single parent households have recently run out of food and been unable to afford more, according to a survey from the country’s statistics agency which highlights the impact of surging inflation. Out of nearly 15,000 households surveyed between Feb. 8 and May 1,…
By Boureima Balima and Felix Onuah NIAMEY/ABUJA (Reuters) -West Africa’s regional bloc was to determine on Friday a potential intervention to overturn Niger’s coup after a mediation mission apparently failed ahead of a weekend deadline in a crisis closely watched by global superpowers. The Economic Community of West African States (ECOWAS) has taken a hard…
By Laura Sanicola (Reuters) – Oil prices settled nearly unchanged on Thursday after the European Central Bank (ECB) decided to slow the pace of interest rate hikes, with prices still down more than 9% for the week on demand concerns in major consuming countries. Brent futures settled up 17 cents, or 0.24%, to $72.50 a…
