LONDON (Reuters) -Britain’s Vodafone said it sold a further 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion), bringing its ownership in a group which controls European mobile pho[...]
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July 22, 2024
Renault CEO calls for flexibility in European EV transition timeline
PARIS (Reuters) – Renault’s CEO Luca De Meo expressed doubts over the timeline for transitioning to electric vehicles in Europe, adding the carmaker has to bring down costs if it wants to[...]
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Delta Air Lines grapples with flight cancelations after tech outage
By David Shepardson and Caroline Valetkevitch (Reuters) -Delta Air Lines struggled on Sunday to restore normal operations after last week’s crippling global cyber outage, canceling 1,250 flights[...]
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European banks’ earnings in spotlight after big share price gains
By Tommy Reggiori Wilkes, Tom Sims and Stefania Spezzati LONDON/FRANKFURT (Reuters) – Europe’s biggest banks report their second-quarter earnings this week, with all eyes on whether the ga[...]
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Morning Bid: Wall Street in measured mood as Biden bows out
A look at the day ahead in European and global markets from Wayne Cole. The day began with the, not unexpected, news of President Joe Biden dropping out of the race and the market reaction so far has[...]
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China cuts short and long-term rates
SHANGHAI/SINGAPORE (Reuters) – China cut short and long-term rates by 10 basis points on Monday, with the central bank saying it was aiming to support growth. The move follows Beijing’s re[...]
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Xpeng, Volkswagen set up project house to roll out new EV architecture
(Reuters) -Chinese electric vehicle (EV) maker Xpeng has established project houses for engineers in partnership with German automaker Volkswagen AG to accelerate the development process of new EV arc[...]
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Processing Biden’s withdrawal from November election
(Fixes typo in paragraph 2) By Noel Randewich (Reuters) -A look at the day ahead in Asian markets by Noel Randewich. Markets face a new U.S. electoral calculus after U.S. President Joe Biden’s a[...]
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