By Michael Holden and Sachin Ravikumar LONDON (Reuters) -Britain’s Prince Harry will attend the Coronation next month of his father King Charles but without his wife Meghan, the couple said on Wednesday, bringing an end to months of speculation about whether they would go. Charles will be crowned in a ceremony that dates back 1,000 …
Prince Harry to attend Charles’ coronation, Meghan to stay in California Read More »
By Sam Tobin LONDON (Reuters) – Legal and professional services firm Ince Group Plc plans to enter administration and pursue a sale of the company, it said on Wednesday, amid cash concerns and repeated delays in reporting its financial results. Ince’s directors applied to London’s High Court on Wednesday to appoint administrators under UK insolvency …
UK-listed law firm Ince to seek sale after creditor bows out Read More »
By Noele Illien BERN (Reuters) -Switzerland’s parliament rejected on Wednesday the government’s 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse’s merger with UBS, leaving the fallen bank’s hastily arranged rescue without a largely symbolic parliamentary blessing. While the upper house had approved the government’s contribution to the rescue package, parliament’s lower, and larger …
Credit Suisse rescue package rejected by Swiss parliament Read More »
By Jonathan Spicer ISTANBUL (Reuters) – The United States on Wednesday imposed sanctions on at least four Turkey-based entities it said violated U.S. export controls and helped Russia’s war effort, in the biggest U.S. enforcement action in Turkey since the invasion of Ukraine last year. The designations – which included an electronics company and a …
U.S. sanctions Turkey-based entities it says helped Russia’s war Read More »
By Alexander Marrow (Reuters) – Sberbank, Russia’s dominant lender and a leading technology company, is finding graphics cards the trickiest hardware item to replace in the absence of Western providers, CEO German Gref said on Wednesday. Sberbank needs the cards for its artificial intelligence services and super computers and Western sanctions over Moscow’s actions in …
Russia’s Sberbank CEO names graphics cards as trickiest hardware to replace Read More »
By Shubham Batra and Amruta Khandekar (Reuters) -Europe’s blue-chip stocks hit their highest in 22 years on Wednesday as investors sought mega-cap quality stocks and as cooling U.S. inflation buoyed markets. The blue-chip STOXX 50 index was last up 0.1%, coming off its highest level since 2001, which it had hit prior to the inflation …
Europe’s blue-chip index hits 22-year high, U.S. inflation eases Read More »
BRUSSELS (Reuters) – The European Commission on Wednesday said the proposed $61 billion takeover by U.S. chipmaker Broadcom of cloud computing company VMware could restrict competition in the market for certain hardware components. The commission said it had informed Broadcom of its preliminary view, which is the result of an in-depth investigation of the takeover …
EU says Broadcom’s takeover of VMware could hurt competition Read More »
(Reuters) – German chemicals giant BASF on Wednesday reported higher-than-expected operating profit for the first quarter, mainly driven by its agricultural division. Operating profit (EBIT) before special items fell 31.5% to 1.93 billion euros, the group said, higher than the 1.6 billion Vara Research consensus provided by the group. Shares in the company turned positive …
BASF posts forecast beating Q1 profit, shares gain Read More »
(Reuters) – Italy’s data protection agency said on Wednesday it would lift its temporary ban on OpenAI’s ChatGPT artificial intelligence (AI) technology if the U.S. company complied with data protection and privacy demands by end-April. Rapid advances in AI such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use …
Factbox-Governments’ efforts to regulate AI tools Read More »
By Pratima Desai and Polina Devitt LONDON (Reuters) – Commodity trader Glencore has deposited more Russian aluminium in warehouses approved by the London Metal Exchange (LME) in the South Korean port of Gwangyang, one source with knowledge of the matter told Reuters. Higher stocks of Russian aluminium, produced by Rusal, on the LME are a …
Glencore adds Russian aluminium to LME system, source says Read More »
