Germany’s Scholz urges quick implementation of EU recovery funds as infections rise

[ad_1] BERLIN, Oct 6 (Reuters) – German Finance Minister Olaf Scholz said on Tuesday that rising coronavirus infections across Europe were underlining the need to implement the agreed 750 billion…

Explainer: What’s next for Ant after China suspends $37 billion listing?

[ad_1] BEIJING/HONG KONG (Reuters) – China’s suspension of Ant Group’s $37 billion listing just days ahead of its stock market debut has thrown the company and its investors into a…

GLOBAL MARKETS-Asian shares look for rebound following tech earnings

[ad_1] Oct 30 (Reuters) – Asian markets looked to continue an upward swing on Friday, after a rebound in U.S. equities and strong corporate earnings set the stage. Australia’s ASX…

RPT-Microsoft to invest $1.5 bln in Italian cloud business

[ad_1] (Repeats story from Friday, May 8, to include codes for wider distribution; no changes to text) MILAN, May 8 (Reuters) – Microsoft Corp. said on Friday it would create…

EU’s Vestager working on criteria to define market influence

[ad_1] FILE PHOTO: EU Commission Executive Vice-President Margrethe Vestager holds a news conference on Broadcom in Brussels, Belgium October 7, 2020. REUTERS/Yves Herman/Pool BRUSSELS (Reuters) – The EU plans to…

Campari buys stake in Italy’s Tannico to boost online spirits business

[ad_1] MILAN (Reuters) – Italian drinks group Campari CPRI.MI has agreed to buy 49% of online wines and spirits company Tannico to boost its e-commerce business amid the COVID-19 crisis,…

Deals of the day-Mergers and acquisitions

[ad_1] (Updates Gilead) March 2 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** U.S. utility Evergy Inc said it would appoint…

Tencent says U.S. executive order only affects WeChat, not its other businesses

[ad_1] FILE PHOTO: People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province, China August 7, 2020. REUTERS/David Kirton/File Photo SHANGHAI/HONG KONG (Reuters) – Tencent’s chief…

Naked Wines back online after outage as online demand surges

[ad_1] (Reuters) – Online wine seller Naked Wines WINEW.L said on Friday its website is up and running after being down for about an hour due to a surge in…

U.S. Treasury chief says TikTok cannot continue in present form

[ad_1] WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Monday that Chinese-owned short video app TikTok cannot continue in its present form collecting data on Americans on a…