MOSCOW (Reuters) – Yandex Market, owned by Russian internet giant Yandex, said on Friday it had agreed to buy up the remaining inventory of Swedish furniture giant IKEA, which has closed its sho[...]
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Europe
Bahamas regulator confirms FTX asset seizure after hack accusation
(Reuters) – The Securities Commission of The Bahamas said it had seized digital assets of FTX’s Bahamas unit, an action that the collapsed crypto exchange’s U.S.-based leadership ini[...]
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First TVs, now tortillas: U.S. companies set minimum prices to halt discounting
By Jessica DiNapoli NEW YORK (Reuters) – Makers of everything from toys to tortillas are increasingly setting minimum prices on their goods to maintain profits and limit price cutting as retaile[...]
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Europe’s STOXX 600 jumps more than 1% to end week higher
By Shreyashi Sanyal and Devik Jain (Reuters) -Europe’s STOXX 600 index closed higher on Friday in a broad-based rally led by retailers and automakers, while investors awaited minutes from the Eu[...]
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Jaguar Land Rover turns to laid-off tech workers for EV skills
By Sachin Ravikumar LONDON (Reuters) -Laid off tech workers could find new jobs at Jaguar Land Rover (JLR) as the 100-year-old British automaker looks to hire hundreds of engineers to help develop ele[...]
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Full 9th US Circuit to tackle complex Resolution Copper mining case
By Ernest Scheyder (Reuters) – The full 9th U.S. Circuit Court of Appeals said on Thursday it will weigh whether the federal government improperly gave Rio Tinto Plc thousands of acres in Arizon[...]
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EU’s Vestager says Twitter chaos creates opportunity to seek alternatives
MADRID (Reuters) -The European Union’s antitrust chief said on Friday the tumultuous takeover of Twitter was an opportunity for the public to seek alternatives to the social network, praising th[...]
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Aerospace suppliers flag cash flow warning as jet production hits turbulence
By Abhijith Ganapavaram (Reuters) – Aerospace suppliers are staring at the prospect of dwindling cash flow as they struggle with excess inventory due to production challenges at top planemakers[...]
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Lufthansa still interested in buying into ITA Airways
BERLIN (Reuters) – Lufthansa is still interested in buying into state-controlled Italian carrier ITA Airways, a spokesman said on Friday, despite reports that its original partner in the mooted[...]
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