Factbox-How European airlines have hedged against fuel price increases
(Reuters) – Higher oil prices amid turmoil in the Middle East are increasing prices of jet fuel, which accounts for…
Meta Platforms’ ad-free service targeted in EU consumer complaint
(Reuters) – Meta Platforms’ advertising-free subscription service, a fee-based offering rolled out in Europe this month, breaches EU consumer laws,…
European stocks mixed; German retail sales help sentiment
European stock markets traded in a mixed fashion Thursday, helped by strong German retail sales ahead of the release of…
Robinhood opens in Britain with low-cost US trading to woo clients
(Reuters) – Trading app operator Robinhood Markets Inc (NASDAQ:HOOD). said on Thursday it would roll out brokerage services in Britain,…
Remy wants to fix US inventory problems by year-end, profits fall
(Reuters) – Remy Cointreau’s CEO said on Thursday he aimed to end the year with a “sound” level of stock…
Italy’s competition body stops Intesa moving clients to mobile bank
(Reuters) – Italy’s competition authority on Thursday said it had told the country’s biggest bank Intesa Sanpaolo (OTC:ISNPY) to halt…
Elon Musk curses out advertisers who left X over antisemitic content
(Reuters) – Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to “Go…
Lloyds Banking Group to close 45 branches amid industry shift to digital banking
In a significant move signaling the banking industry’s shift towards digital services, Lloyds Banking Group (LON:LLOY) has announced today the…
Elliott takes $1 billion stake in US oil refiner Phillips 66, urges board revamp
(Reuters) – Elliott Investment Management has taken a $1 billion stake in Phillips 66 (NYSE:PSX) and is urging the U.S.…
Global firms rush to buy Alipay’s stake in India’s Zomato
(Reuters) – Global money managers and banks ranging from Vanguard to Goldman Sachs as well as the Singapore government rushed…