By Isla Binnie, Andres Gonzalez and Pamela Barbaglia LONDON (Reuters) – Spain’s Ferrovial is looking at options for its 25% stake in London’s Heathrow, two sources told Reuters, and has held preliminary talks with external advisers on the future of its…
AppLovin offers to buy video game software maker Unity in $17.5 billion deal
(Reuters) -Gaming software company AppLovin Corp on Tuesday made an offer to buy peer Unity Software Inc in a $17.54 billion all-stock deal, looking to tap into growing demand for three-dimensional gaming. Both companies make software used to design vi…
Foxconn to build autonomous electric tractors at Ohio facility
By Bianca Flowers (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker, on Tuesday said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio facility starting in early 2023. The …
UK issues new ‘extreme heat’ warning for England and Wales
By Sachin Ravikumar LONDON (Reuters) -Britain’s weather service on Tuesday issued an amber “Extreme Heat” warning for parts of England and Wales, with no respite in sight from hot dry conditions that have sparked fires, broken temperature records and s…
Ralph Lauren, Capri ride wave of inflation-resistant luxury demand
By Uday Sampath Kumar and Ananya Mariam Rajesh (Reuters) -Ralph Lauren Corp and Michael Kors-owner Capri Holdings blew past earnings estimates, underscoring an unwavering demand for luxury apparel and handbags from wealthy consumers who remain largely …
FTSE 100 at two-month peak ahead of U.S. inflation data
By Sruthi Shankar (Reuters) -UK’s FTSE 100 hit fresh a two-month peak on Tuesday, as investors awaited U.S. inflation data to gauge the pace of interest rate hikes, while shares of Abrdn fell after the asset manager posted lacklustre half-yearly number…
Russia launches Iranian satellite into space under shadow of Western concerns
MOSCOW (Reuters) – A Russian rocket carrying an Iranian satellite successfully launched into space on Tuesday as Moscow and Tehran seek to build closer ties in the face of Western sanctions. The remote sensing satellite, called “Khayyam” was launched b…
Summertime blues? UK shoppers splash out as heat-wave hits – BRC
LONDON (Reuters) – A heat-wave prompted British shoppers to spend more on summer clothes, food for picnics and air conditioning units in July but they also cut back on foreign travel and dining out as the cost-of-living squeeze tightened, surveys showe…
Oil major BP drilling appraisal well in Texas for carbon sequestration
By Liz Hampton DENVER (Reuters) -Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday. In May, BP said it and partner Linde planned to develop a site along the Te…
British-Born Australian singer Olivia Newton-John dies at 73
(Reuters) – British-Born Australian singer and actress Olivia Newton-John died on Monday at the age of 73, according to a post on her Instagram account. “Dame Olivia Newton-John (73) passed away peacefully at her Ranch in Southern California this morni…