By Zeba Siddiqui SAN FRANCISCO (Reuters) -An Italian company’s hacking tools were used to spy on Apple Inc and Android smartphones in Italy and Kazakhstan, Alphabet Inc’s Google said in a report on Thursday. Milan-based RCS Lab, whose website claims Eu…
European stocks skid on gloomy business activity data, German energy troubles
By Sruthi Shankar and Susan Mathew (Reuters) -European shares hit more than one-year lows on Thursday as slowing euro zone business activity heightened growth worries, while German shares dropped 1.8% after the country triggered the “alarm stage” of it…
German 5-yr bond yields post biggest drop since March as growth fears mount
By Yoruk Bahceli (Reuters) -Germany’s five-year bond yield staged its biggest one-day drop since March 1 on Thursday as business activity data disappointed and Germany’s decision to trigger the alarm stage of an emergency gas plan stoked global recessi…
New plant to cover 20% of Germany’s e-kerosene needs from 2026
BERLIN (Reuters) – Airbus, Uniper, Siemens Energy and Sasol said on Thursday they would produce 10,000 tonnes of e-kerosene each year in a new production facility scheduled to run from 2026 in the northern German city of Hamburg. E-kerosene, also calle…
Rise of women to top of UK finance is ‘stagnating’
By Huw Jones LONDON (Reuters) – Britain’s six-year drive to increase the number of women in senior management at financial firms is “stagnating” for the first time, a review for the finance ministry said on Thursday. The ministry launched its voluntary…
German Jan-April gas imports down 22.1%, costs surged
FRANKFURT (Reuters) – Germany imported 22.1% less natural gas in the first four months of 2022 but the cost surged 170% from a year earlier as prices soared, official data from foreign trade office BAFA showed on Thursday. BAFA releases import data wit…
Trump allies sought pardons after supporting his attempts to overturn election
By Richard Cowan, Moira Warburton and Sarah N. Lynch WASHINGTON (Reuters) -At least five congressional Republican allies of Donald Trump sought White House pardons after supporting his attempts to overturn his 2020 election defeat, witnesses on Thursda…
Stocks rise as yields hit two-week low; copper slumps
By Caroline Valetkevitch NEW YORK (Reuters) – Stocks on global indexes rose on Thursday as U.S. Treasury yields fell to a two-week low, while copper was at 16-month lows amid fears of a global economic slowdown. Fed Chairman Jerome Powell is testifying…
TotalEnergies refinery strikes to go ahead on Friday, CGT union official says
By Rowena Edwards (Reuters) -A 24-hour strike at some of TotalEnergies’ oil refineries in France is set to go ahead on Friday, a CGT union official said, after talks with CEO Patrick Pouyanne fell through on Wednesday. The CGT plans to halt deliveries …
Euro slumps after bleak PMIs, dollar drops vs yen
By Saikat Chatterjee and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The euro fell across the board on Thursday as weaker-than-expected German and French PMI data confirmed that the euro zone economy is struggling to gain traction, prompting t…