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European shares steady, interest rate uncertainty remains

European shares steady, interest rate uncertainty remains

Jul 4, 2023 | Business, Economy, Europe, UK

By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares were steady in thin trading on Tuesday, with a lack of fresh economic data from the region and uncertainty around the direction of global interest rates keeping investors cautious. The pan-European...
Airbus trials new wing designs in technology race with Boeing

Airbus trials new wing designs in technology race with Boeing

Jul 4, 2023 | Business, Economy, Environment, Europe, Science, Technology, UK, US

By Joanna Plucinska and Tim Hepher FILTON, England (Reuters) – Airbus is stepping up testing of radical new wing technology as the planemaker lays the foundation for a future successor to its best-selling A320 series, but faces a battle to bring down costs....
Stocks drift as investors balance peak rate hopes with oil price rise

Stocks drift as investors balance peak rate hopes with oil price rise

Jul 4, 2023 | Asia, Australia, Business, Economy, Europe, US

By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the inflationary force of rising oil prices with hopes that central banks would not over-tighten monetary policy into a potential recession....
What people are saying about China’s chipmaking export controls

What people are saying about China’s chipmaking export controls

Jul 4, 2023 | Asia, Business, Economy, Europe, Politics, Technology, US

(Reuters) -China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the United States and potentially causing more disruption to global supply chains. Here’s what people are saying about the measure: LUCY...
Credit Suisse investor group joins claim seeking better UBS takeover price

Credit Suisse investor group joins claim seeking better UBS takeover price

Jul 4, 2023 | Asia, Business, Economy, Europe, Politics, UK

By John Revill ZURICH (Reuters) -A Swiss proxy adviser representing some former Credit Suisse shareholders has backed a class-action lawsuit seeking a better price from UBS for its takeover of its cross-town rival, it said on Tuesday. Ethos Foundation, which...
Exclusive-Microsoft faces EU antitrust probe after remedies fall short, sources say

Exclusive-Microsoft faces EU antitrust probe after remedies fall short, sources say

Jul 3, 2023 | Business, Economy, Europe, Technology, US

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is likely to face a European Union antitrust investigation in the coming months after remedy discussions with the EU watchdog to avert such a move appear to have hit a roadblock, people familiar with the matter said....
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