BenArmani

Should Google, Meta and Netflix help pay for telecoms networks? Why not, says EU’s Vestager The European Commission has suggested US internet giants could help fund the massive investments Europe's telecoms network requires.   -   Copyright  Canva By Euronews  with Reuters  •  Updated: 02/05/2022 - 18:13 Tech giants such as Google, Meta and Netflix may have to bear some of the cost of Europe's telecoms network, the European Union's digital chief Margrethe Vestager...

Total’s German Leuna refinery to continue Russian crude imports in May – sources By Metro US 0 comments Posted on May 3, 2022 The logo of French oil and gas company TotalEnergies is pictured at an electric car charging station in Courbevoie (Reuters) – TotalEnergies’ 240,000 barrels per day Leuna refinery in Germany is set to continue to import Russian crude oil via the Druzhba pipeline at...

Marketmind: Humble pie on central bankers’ menu By Metro US 0 comments Posted on May 3, 2022 FILE PHOTO: A worker is reflected in a wall of the Reserve Bank of Australia head office in central Sydney, Australia A look at the day ahead in markets from Sujata Rao. First Sweden, now Australia. Two central banks that had said they saw no need for rate hikes until 2023...

EU plans to cut unneeded medical tests with data health plan By Francesco Guarascio 0 comments Posted on May 3, 2022 FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels BRUSSELS (Reuters) – The European Commission wants to make health data easier to access for patients, medics, regulators and researchers in a bid to improve diagnoses, cut unnecessary costs from duplication of...

Stellantis buys car-sharing business from BMW, Mercedes By Sonali Paul 0 comments Posted on May 3, 2022 Sharing bike lies in front of an office of the car-sharing company SHARE NOW in the Kreuzberg district of Berlin FRANKFURT/MILAN (Reuters) -Stellantis has agreed to buy the Share Now car sharing business from BMW and Mercedes-Benz as the two German groups focus on the software part of their...

No let off to oil prices as Russia barrels disappear from market – BP CEO By Sonali Paul 0 comments Posted on May 3, 2022 FILE PHOTO: BP’s new Chief Executive Bernard Looney gives a speech in central London LONDON (Reuters) – BP does not expect any let off in oil prices in the near term as the volume of Russian oil impacted by Western sanctions...

Oil slips on China demand worries while EU weighs Russia oil ban By Sonali Paul 0 comments Posted on May 3, 2022 FILE PHOTO: A section of the BP Eastern Trough Area Project oil platform is seen in the North Sea, around 100 miles east of Aberdeen MELBOURNE (Reuters) – Oil prices slipped on Tuesday in a second day of thin trading in Asia, pulled in...

BP boosts buybacks as profit soars to highest in over decade By Ron Bousso and Shadia Nasralla 0 comments Posted on May 3, 2022 Signage is seen for BP (British Petroleum) at a service station near Brighton LONDON (Reuters) – BP boosted its share buyback programme after net profit soared to its highest in more than a decade on strong oil and gas trading results, as...

Chip consortium ISMC to set up $3 billion plant in India’s Karnataka By Munsif Vengattil 0 comments Posted on May 1, 2022 A silicone semiconductor is seen at the offices of Tower Semiconductor in northern Israel BENGALURU (Reuters) – International semiconductor consortium ISMC will invest $3 billion in India’s southern Karnataka state to set up a chip-making plant, the state government said on Sunday. ISMC is a...

Suez Canal sees record monthly revenue in April on higher traffic By Metro US 0 comments Posted on May 1, 2022 FILE PHOTO: A shipping container passes through the Suez Canal in Suez ISMAILIYA, Egypt (Reuters) -Egypt’s Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in ship transit fees, the authority managing the waterway said on Sunday, as traffic rebounded from...

EU leans towards Russian oil ban by year-end, diplomats say By Metro US 0 comments Posted on May 1, 2022 FILE PHOTO: A Russian state flag flies on the top of a diesel plant in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region BRUSSELS (Reuters) – The European Union is leaning towards a ban on imports of Russian oil by the end of the year,...

Ukraine and Russia: What you need to know right now By Metro US 0 comments Posted on May 1, 2022 Local residents gather in a courtyard near a damaged building in Mariupol (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi met Ukrainian President Volodymyr Zelenskiy in Kyiv, the latest show of support for Ukraine’s fight against Russia by a senior Western politician. FIGHTING * Russia’s defence ministry said...

Saudi Arabia’s economy estimated to grow 9.6% in Q1, driven by oil By Metro US 0 comments Posted on May 1, 2022 Buildings are seen in Riyadh (Reuters) – Saudi Arabia’s economy grew by 9.6% in the first quarter of 2022, compared to a year earlier, according to flash government estimates on Sunday, as a recovery in the oil sector drove the strongest growth in more than...

Outspoken market analyst’s Chinese social media accounts suspended By Metro US 0 comments Posted on May 1, 2022 FILE PHOTO: A bus in Hong Kong with an advertisement for CFA Institute, featuring Hao Hong, head of research at Bocom International SHANGHAI (Reuters) – The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in...