ISTANBUL (Reuters) – The Turkish Competition Board said on Monday it had decided to fine billionaire Elon Musk 0.1% of Twitter’s gross income in Turkey in 2022, as his takeover of the comp[...]
Read more
March 6, 2023
Swiss National Bank reports annual loss of 132.5 billion Swiss francs
ZURICH (Reuters) -The Swiss National Bank reported on Monday an annual loss of 132.5 billion Swiss francs ($141.54 billion), in line with the provisional calculations it announced in January. The loss[...]
Read more
Snapchat kicks few children off app in Britain, data given to regulator shows
By Martin Coulter LONDON (Reuters) -Snapchat is kicking dozens of children in Britain off its platform each month compared with tens of thousands blocked by rival TikTok, according to internal data th[...]
Read more
Ford taps masses of vehicle data to stay ahead in commercial van market
By Nick Carey DUNTON, England (Reuters) – Ford Motor Co’s push to use reams of data generated by its vans and trucks – from engines to oil filters or brake pads – to attract mo[...]
Read more
SoftBank snub shows London risks losing its listings lustre
By Alun John and Pablo Mayo Cerqueiro LONDON (Reuters) -London risks losing its appeal for stock market listings, some investors and financial executives said, with sluggish trading and low valuations[...]
Read more
Tesla cuts U.S. Model S and Model X prices between 4% and 9%
(Reuters) -Tesla Inc has cut prices on its two most expensive electric vehicles in the United States, according to the company’s website, days after Chief Executive Elon Musk said recent price c[...]
Read more
Marketmind: Hopeful market awaits Powell testimony
A look at the day ahead in European and global markets from Ankur Banerjee Investors have found their appetite for risky assets at the start of a crucial week, shrugging off the disappointment of Chin[...]
Read more
Tech-sponsored study criticises plan to exclude non-EU cloud vendors
By Foo Yun Chee BRUSSELS (Reuters) – A proposed European Union cloud security label that could exclude Amazon, Alphabet’s Google, Microsoft and other non-EU cloud services providers from t[...]
Read more
Ex-JPMorgan bankers start emerging market infrastructure investment firm
LONDON (Reuters) – Two former JP Morgan credit bankers on Monday launched a new impact investment advisory firm focused on emerging market infrastructure, with a minority stake by British insure[...]
Read more