KYIV (Reuters) -The Ukrainian capital Kyiv and four regions may have to cut electricity supplies for longer than planned after Russian strikes overnight targeting energy infrastructure, a senior official said on Thursday. Kyrylo Tymoshenko, deputy head…
Credit Suisse seeks billions from investors in make-or-break shake-up
By Noele Illien, Oliver Hirt and John O’Donnell ZURICH (Reuters) – Credit Suisse plans to raise 4 billion Swiss francs ($4 billion) from investors, cut thousands of jobs and shift its focus from investment banking towards rich clients as the bank attem…
Musk wants Twitter to be ‘most respected advertising platform’
(Reuters) -Elon Musk, who once tweeted “I hate advertising”, said he wants Twitter Inc to be “the most respected advertising platform”, in a bid to gain the trust of ad buyers ahead of the expected close of his $44 billion deal for the social media fir…
EDP-Energias de Portugal profit flat, drought in Iberia weighs
By Sergio Goncalves LISBON (Reuters) – Portugal’s largest utility EDP posted on Thursday a nine-month net profit little changed from a year ago as strong income growth in its wind and solar unit was offset by a sharp drop in hydroelectric generation in…
Interpol says metaverse opens up new world of cybercrime
By Dina Kartit and Elizabeth Howcroft LONDON (Reuters) – Global police agency Interpol said it was preparing for the risk that online immersive environments – the “metaverse” – could create new kinds of cybercrime and allow existing crime to take place…
ECB hawks play down change in rate language as doves claim small win -sources
By Francesco Canepa, Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) – Some European Central Bank policymakers played down a change in the ECB’s official message on interest rates, which saw the bank remove a reference to “several” further hikes i…
Putin says United States wrong to destroy relations with China
(Reuters) – Russian President Vladimir Putin said on Thursday the United States was wrong to destroy its relations with China over Taiwan. Putin said Russia recognises Taiwan as part of the People’s Republic of China and said visits by U.S. officials, …
Putin: Russia has never talked about using nuclear weapons
(Reuters) – President Vladimir Putin said on Thursday that Russia had never talked about using nuclear weapons and asserted that Kyiv has the technology to create and potentially detonate a “dirty bomb” in Ukraine. Putin said the West, including Britai…
Denmark’s ‘hygge’ bubble bursts as security election looms
By Nikolaj Skydsgaard BORNHOLM, Denmark (Reuters) – After decades of living in a comfortable welfare bubble and topping the world’s happiness index, Danes’ sense of safety has been shaken by geopolitical strife and economic uncertainty, a theme likely …
Hit by game delays and cancellations, Ubisoft posts half-year net loss
(Reuters) – French video game maker Ubisoft said on Thursday its net result turned into a loss in the half-year, citing lost research and development expenses and related game cancellations. The firm has been dogged by game delays, on top of project ca…