Analysis – Weak winds worsened Europe’s power crunch; utilities need better storage
By Nora Buli and Stine Jacobsen OSLO/COPENHAGEN (Reuters) - Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that
Colosseum kits and plastic flowers help Lego’s earnings double
By Nikolaj Skydsgaard COPENHAGEN (Reuters) - Toymaker Lego doubled its earnings in the first six months of the year as customers flocked to its reopened stores to buy Star Wars building sets and
White House warns companies to step up cybersecurity
June 3, 2021 WASHINGTON (Reuters) – The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against...
Microsoft faces EU antitrust complaint about its cloud computing business
PARIS (Reuters) - U.S. tech giant Microsoft is facing an antitrust complaint filed by three European rivals in the booming cloud computing business, one the plaintiffs said on Thursday.
Deadline to join drug distributors’ $21 billion U.S. opioid settlement extended
By Nate Raymond (Reuters) - The three largest U.S. drug distributors announced on Wednesday an extension to a key Jan. 2 deadline for cities and counties to join a proposed $21 billion settlement
U.S. Treasury’s Yellen seeking October political agreement on global minimum tax
WASHINGTON (Reuters) - U.S.
France’s Renault charged with deception over dieselgate probe
June 8, 2021 PARIS (Reuters) -French carmaker Renault said on Tuesday that a French court had charged the firm with deception over a diesel emissions...
Stocks step back, oil bounces as peace talks stall
By Tom Westbrook SINGAPORE (Reuters) - Stockmarkets took a breather on Friday after several days of sizeable gains, while commodities were set on edge by the lack of progress in Russia-Ukraine peace
Analysis-Omicron begins to leave mark on U.S. economy, but unlikely to derail it
By Jonnelle Marte (Reuters) - The fast-spreading Omicron variant of COVID-19 has started leaving an imprint on slices of the U.S. economy as some events are canceled or postponed, consumers cut back
Nasdaq futures up 1% as tech stocks rebound
By Devik Jain (Reuters) - Nasdaq futures jumped 1% on Wednesday as technology stocks led a rebound after concerns about inflation and rising Treasury yields drove one of Wall Street's worst selloff of