Month: December 2021

Taipei has stealthily sourced technology, components, and talent from at least seven nations to help it build an underwater fleet with the potential to exact a heavy toll on any Chinese attack, a Reuters investigation has found. Taiwan had tried to buy a fleet of modern conventional submarines to fend off an existential threat – invasion by […]

On Friday, Reuters exclusively reported that Microsoft is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology company Nuance Communications. The latest tech deal, Microsoft’s second-biggest after its $26.2 billion LinkedIn purchase in 2016, follows heightened regulatory scrutiny of “killer acquisitions” whereby tech giants buy and […]

Reuters exclusively reported that Ukraine Prime Minister Denys Shmygal accused Russia of being “absolutely” behind what he called an attempt to organize a coup to overthrow the pro-Western government in Kyiv. President Volodymyr Zelenskiy said Ukraine had uncovered a plot to topple his government, involving individuals from Russia, but he stopped short of saying whether […]

Shares of French waste and water management companies Veolia and Suez more than doubled gains – with Veolia gaining 1.5% in late trade – after Reuters exclusively reported that the two firms are set to secure EU antitrust approval for their 13 billion euro ($14.7 billion) tie-up, which will help them compete with Chinese rivals. The […]

Reuters exclusively reported that Uber Technologies is in talks with the management of its Middle East unit Careem to bring outside investors into the business, citing four sources familiar with the matter. The investment would help finance the further roll-out of Careem’s so-called Super App, two of the sources said, which offers services outside its […]

A Reuters investigation revealed how an array of foreign submarine-technology vendors, with the approval of their governments, are aiding a secretive program to build subs in Taiwan. Taipei has stealthily sourced technology, components and talent from at least seven nations including the U.S., Britain, Australia, South Korea, India, Spain and Canada to help it build an underwater […]

Chief executives of Deutsche Telekom, Vodafone and 11 other major European telecoms companies said U.S. tech giants should bear some of the costs of developing Europe’s telecoms networks because they use them so heavily. The call by the CEOs in a joint statement seen by Reuters comes as the telecoms industry faces massive investments for 5G, fiber and […]

Reuters broke the news that Visa Inc has complained to the U.S. government that India’s “informal and formal” promotion of domestic payments rival RuPay hurts the U.S. giant in a key market. In public, Visa has downplayed concerns about the rise of RuPay, which has been supported by public lobbying from Prime Minister Narendra Modi that has […]

Reuters exclusively reported that Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, a decade after exiting the North African country because of unrest. The plan, details of which were seen by Reuters, marks a rare new oil and […]

Reuters reported exclusively that Greece plans to borrow 10 billion euros ($11.3 billion) to 12 billion euros in 2022 by issuing new short- and long-term debt and its first ever green bond. The country issued five-, 10-, and 30-year government bonds this year, raising a total of about 14 billion euros and benefiting from ultra-low interest rates […]