Reuters UK/EU

Piers Morgan knew about phone hacking, Prince Harry’s biographer tells court

By Sam Tobin LONDON (Reuters) – Piers Morgan, the former editor of British tabloid the Daily Mirror, knew about phone hacking, Prince Harry’s biographer said on Monday as he gave evidence as part of the royal’s lawsuit against the newspaper’s publisher. Harry, King Charles’ younger son, and more than 100 others are suing Mirror Group …

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Exclusive-Nationalised German energy firms pay traders big bonuses after losing billions

By Dmitry Zhdannikov, Marwa Rashad and Christoph Steitz LONDON/FRANKFURT (Reuters) – German energy firms Sefe and Uniper have awarded some traders millions of dollars in bonuses for 2022, four sources familiar with the matter said, just months after the companies were rescued with multi-billion bailouts as Russia halted gas supplies. Germany has so far provided …

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UK’s Ofcom investigates Royal Mail over missed delivery targets

(Reuters) -Ofcom, Britain’s communications regulator, said it launched an investigation on Monday into Royal Mail’s failure to meet delivery targets over the past year, adding it would consider imposing a financial penalty. Royal Mail blamed union disputes that led to strikes for its failure to meet the targets for the year to end-March, 2023. In …

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Microsoft wins EU antitrust nod for Activision deal, after UK veto

By Foo Yun Chee BRUSSELS (Reuters) – Microsoft has won EU antitrust approval for its $69 billion Activision takeover, which was vetoed by Britain, after regulators said its offer of free 10-year licensing deals to gamers and cloud streaming rivals addressed their concerns. The European Commission said on Monday that the biggest-ever deal in gaming …

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EU’s Gabriel gets mandate to form Bulgaria’s new cabinet

SOFIA (Reuters) – European Commissioner Mariya Gabriel, a member of Bulgaria’s centre-right GERB party, received a mandate on Monday to form a new cabinet following last month’s elections. President Rumen Radev met Gabriel, who is European Commissioner for Innovation, Research, Culture, Education and Youth, to give her the mandate. She will have seven days to …

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US Supreme Court rejects Teva challenge to $235 million GSK award in patent dispute

By Blake Brittain WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Teva Pharmaceuticals USA Inc’s challenge to a $235 million award to GlaxoSmithKline LLC in a patent dispute over generic drugs involving a heart medication. The justices turned away Israel-based Teva’s appeal of a lower court’s ruling reinstating the jury award …

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