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Belgium telecom provider Proximus to buy majority stake in India’s Route Mobile

Belgium telecom provider Proximus to buy majority stake in India’s Route Mobile

BENGALURU (Reuters) – Belgian telecom service provider Proximus Group on Monday said it will buy a 57.56% stake in Route Mobile ..

Russian scientists warn of powerful solar flare activity on Monday

Russian scientists warn of powerful solar flare activity on Monday

(Reuters) – Powerful solar flare activity is forecast for Monday which may interfere with short-wave communications, Russian sci..

UN Security Council to hold first talks on AI risks

UN Security Council to hold first talks on AI risks

LONDON (Reuters) – The United Nations Security Council will hold its first formal discussion on artificial intelligence (AI) thi..

StanChart to sell sub-Saharan Africa business to Access Bank

StanChart to sell sub-Saharan Africa business to Access Bank

DUBAI (Reuters) – Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in sub-Saharan Africa t..

Small business distress index hits mid-2020 high

Small business distress index hits mid-2020 high

LONDON (Reuters) – Corporate distress among small and medium-sized enterprises (SMEs) hit its highest since mid-2020 in the thre..

Auto lobby urges Spain’s next government to commit to decarbonisation

Auto lobby urges Spain’s next government to commit to decarbonisation

((This July 12 story has been corrected to clarify that the forecast is for all car sales in Spain, not just EV sales, in paragraph 8)..

Signs ‘crypto winter’ ending as regulatory fog begins to lift

Signs ‘crypto winter’ ending as regulatory fog begins to lift

SINGAPORE (Reuters) -Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory and investment moves have st..

Italy’s luxury groups set aside rivalries to keep it local

Italy’s luxury groups set aside rivalries to keep it local

MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started team..

Euro zone ministers agree on gradual wind-down of spending

Euro zone ministers agree on gradual wind-down of spending

BRUSSELS (Reuters) – Euro zone finance ministers agreed on Thursday that the single currency area needed a “determined, gr..

Ericsson’s quarterly operating profit declines, beats expectations

Ericsson’s quarterly operating profit declines, beats expectations

LONDON (Reuters) – Sweden’s Ericsson reported a 62% fall in second-quarter adjusted operating profit on Friday, slightly b..