(Reuters) -Carlsberg said on Monday that PepsiCo has agreed to waive a clause in its bottling deal with Britvic, making the British firm a more attractive acquisition after a $3.9 billion bid by the D[...]
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June 24, 2024
Consumer-focused lending under Labour could dent UK bank profits
By Sinead Cruise and Lawrence White LONDON (Reuters) -Once seen as hostile to banks, Britain’s Labour has courted lenders in recent years as it attempts to gain power, yet some of the left-leani[...]
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EU to take further action against Apple over digital market rules, Breton says
(Reuters) – The EU will take further action against Apple on Monday linked to the company’s compliance to tech regulation known as the Digital Markets Act, Commissioner Thierry Breton said[...]
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BOJ debated need for timely rate hike, signals chance of July action
By Leika Kihara TOKYO (Reuters) -The Bank of Japan debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase “without too much delay” to add[...]
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China’s Kaisa gets seven-week stay on liquidation petition; adjournment likely its last
By Clare Jim HONG KONG (Reuters) – A Hong Kong court gave Chinese property developer Kaisa Group a seven-week respite on Monday to finalise a debt restructuring plan, adjourning a hearing on a l[...]
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Morning Bid: On alert for yen intervention, US inflation
A look at the day ahead in European and global markets from Wayne Cole. It’s been a mildly risk-off start to the week with most share indices in the red, the dollar up and Treasury yields down a[...]
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Australia to make supermarket industry code mandatory, breaches may result in huge fines
By Byron Kaye SYDNEY (Reuters) -Australia could impose billion dollar fines on big supermarket chains that fail to comply with an industry code of conduct, the federal government said on Monday as it[...]
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Exclusive-China’s ByteDance working with Broadcom to develop advanced AI chip, sources say
By Eduardo Baptista BEIJING (Reuters) – China’s ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a m[...]
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Explainer-What happens next in the EU investigation into Chinese EVs?
By Philip Blenkinsop BRUSSELS (Reuters) -China and the European Commission have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into t[...]
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