By Eva Mathews and Savyata Mishra (Reuters) – Netflix Inc’s subscriber growth forecast will be in focus when it reports third-quarter results on Tuesday, with the streaming pioneer set to launch an ad-supported plan to better compete with rivals such a…
Visa, Mastercard under fresh FTC investigation over debit card routing – WSJ
(Reuters) – The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc’s security tokens restrict debit card routing competition on online payments, the Wall Street Journal reported on Monday, citing people familiar with the…
Analysis-Bond vigilantes mean business, governments better beware
By Marc Jones and Yoruk Bahceli LONDON (Reuters) – The sight of Britain’s new finance minister shredding up his leader’s economic policies on Monday illustrated something very clearly – bond market vigilantes are back, they are bold and governments had…
EU slaps human rights sanctions on Iran, warns of more over Ukraine
By Sabine Siebold (Reuters) -Several European Union foreign ministers on Monday called for sanctions against Iran over the transfer of Iranian drones to Russia, as the bloc agreed a separate set of asset freezes and travel bans over Tehran’s crackdown …
Italy’s Meloni, Berlusconi make peace, vow to form cabinet quickly
By Angelo Amante ROME (Reuters) -Giorgia Meloni, expected to be named Italian prime minister, and her coalition partner Silvio Berlusconi had a cordial meeting on Monday and aim to quickly form a “cohesive” government, their parties said. Tensions have…
Russia fighter crashes into apartments in city near Ukraine, killing 13
YEYSK, Russia (Reuters) -A Russian fighter plane crashed into a residential building in the southern city of Yeysk shortly after take-off on Monday, engulfing apartments in a fireball and killing at least 13 people, Interfax news agency reported. A fur…
Japan’s SoftBank sells stake in THG
(Reuters) – THG said on Monday a trading arm of Japan’s SoftBank Group Corp has agreed to sell its holding in the British e-commerce group to THG Chief Executive Matthew Moulding and Qatar’s sovereign wealth fund. SB Northstar, the fourth largest share…
Exclusive-Exxon exits Russia empty-handed with oil project ‘unilaterally terminated’
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oi…
Germany pushes to extend lifespan of three nuclear plants -letter
By Andreas Rinke, Riham Alkousaa and Tom Käckenhoff BERLIN (Reuters) -German Chancellor Olaf Scholz has asked the economy, environment and finance ministries to lay the legal framework to keep the country’s three nuclear power plants operational until …
Russia launches criminal investigation into Yeysk plane crash
(Reuters) – Russia launched a criminal investigation on Monday into the crash of a Su-34 fighter jet in the southern city of Yeysk, the country’s investigative committee said. “Military investigators are establishing the circumstances and causes of the…