Fund Manager Reade Griffith buys stake in Mediaset Espana amid takeover

Fund manager Reade Griffith bought a minority stake in Spanish broadcaster Mediaset Espana after its parent company MediaForEurope launched a public takeover offer, a filing to the Spanish stock regulator showed.

newspaper

19-04-2022

Oil volatile as Libya outage fuels supply woes, Shanghai prepares to reopen

(Reuters) -Oil prices see-sawed on Tuesday as investors fretted over tight global supplies after Libya halted some exports and as factories in Shanghai prepared to reopen post a COVID-19 shutdown, easing some demand worries.

newspaper

19-04-2022

Stellantis says it is suspending car production in Russia

(Reuters) -Carmaker Stellantis, which produced and sold the Peugeot, Citroёn, Opel, Jeep, and Fiat brands in Russia, said on Tuesday it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow.

newspaper

19-04-2022

European crypto industry steps up efforts to influence EU policy

More than 40 crypto business leaders have asked the European Union not to require crypto firms to disclose transaction details and dial down attempts to bring to heel rapidly growing decentralised finance platforms.

newspaper

19-04-2022

WH Smith suspends Funky Pigeon online orders after cyber incident

British retailer WH Smith Plc said on Tuesday it has suspended orders from its online greetings card and gift unit Funky Pigeon following a cyber-security incident last week.

newspaper

19-04-2022

Rolls-Royce expecting UK approval for mini nuclear reactor by mid-2024

A Rolls-Royce design for a small modular nuclear reactor (SMR) will likely receive UK regulatory approval by mid-2024 and be able to produce grid power by 2029, Paul Stein, chairman of Rolls-Royce Small Modular Reactors, told Reuters.

newspaper

19-04-2022

Oil rises as Libya outage adds to supply woes, Shanghai prepares to reopen

(Reuters) -Oil prices rose on Tuesday as investors fretted over tight global supply after Libya was forced to halt some exports and as factories in Shanghai prepared to reopen post a COVID-19 shutdown, easing some demand worries.

newspaper

19-04-2022

China Q1 accommodation, catering sector shrinks for first time since 2020

China's accommodation and catering sector contracted in January-March from a year earlier for the first time since 2020, pointing to increasingly flagging consumption weakened by COVID curbs on travel and social-distancing rules.

newspaper

19-04-2022

Taiwan electric scooter firm Gogoro has 'healthy' chip supply for now, risks as it grows -CEO

Taiwanese electric scooter maker Gogoro Inc has all the chips it needs for now, founder and Chief Executive Horace Luke said on Tuesday, but could face a squeeze by year-end as it pushes big plans to grow in China, India and Southeast Asia.

newspaper

19-04-2022