Reuters UK/EU

Brazil’s Lula draws Russian praise, U.S. scorn for Ukraine views

By Lisandra Paraguassu and Anthony Boadle BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva drew criticism from the United States on Monday for his recent comments suggesting the West had been “encouraging” war by arming Ukraine, while he was praised by Russian Foreign Minister Sergei Lavrov for his proposal for peace talks. Lavrov, on …

Brazil’s Lula draws Russian praise, U.S. scorn for Ukraine views Read More »

Madison Square Garden sells stake in hospitality unit Tao Group for $300 million

(Reuters) – Madison Square Garden Entertainment Corp on Monday agreed to sell its stake in Tao Group Hospitality to realty-focused investment firm Mohari Hospitality in a deal that values the high-end restaurant business at $550 million. MSG Entertainment will receive about $300 million in net cash proceeds from the sale, which is expected to close …

Madison Square Garden sells stake in hospitality unit Tao Group for $300 million Read More »

EU lawmakers call for summit to control ‘very powerful’ AI

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -EU lawmakers urged world leaders on Monday to hold a summit to find ways to control the development of advanced artificial intelligence (AI) systems such as ChatGPT, saying they were developing faster than expected. The 12 MEPs, all working on EU legislation on the technology, called on …

EU lawmakers call for summit to control ‘very powerful’ AI Read More »

EU prolongs flexibility on auto deals for distribution, repairs

BRUSSELS (Reuters) – The European Commission has prolonged for five years rules giving the auto industry freer rein to conclude agreements with distributors, spare part retailers and repair garages, with a new emphasis on vehicle-generated data. The EU executive said on Monday that the Motor Vehicle Block Exemption Regulation (MVBER) would be applicable until May …

EU prolongs flexibility on auto deals for distribution, repairs Read More »

Alphabet shares fall on report Samsung may dump Google Search for Bing

(Reuters) -Alphabet Inc shares fell as much as 4% on Monday following a report South Korea’s Samsung Electronics was considering replacing Google with Microsoft-owned Bing as the default search engine on its devices. The report, published by the New York Times over the weekend, underscores the growing challenges Google’s $162-billion-a-year search engine business face from …

Alphabet shares fall on report Samsung may dump Google Search for Bing Read More »

Northern Ireland peacemakers urge parties to find courage to break deadlock

By Amanda Ferguson BELFAST (Reuters) – The architects of Northern Ireland’s 1998 peace deal urged the region’s leaders on Monday to find the courage to break a deep political stalemate, with former Irish prime minister Bertie Ahern warning the alternative did not bear thinking about. The 25th anniversary of the Good Friday Agreement, which largely …

Northern Ireland peacemakers urge parties to find courage to break deadlock Read More »