Coronavirus accelerates European utilities' digital drive - Reuters
MILAN/FRANKFURT (Reuters) - When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to keep the lights on.
Operator Enel ( ENEI.MI
Explainer: Microsoft's TikTok bid spotlights Windows maker's history with China - Reuters
SHANGHAI (Reuters) - Microsoft Corp ( MSFT.O ) has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. President Donald Trump is preparing to effectively ban on national security grounds.
A deal would be in line with Microsoft’s stance toward China where the firm has a sizeable presence - unlike fellow U.S. tech heavyweights such as Facebook Inc ( FB.O ) and Alphabet Inc’s ( GOOGL.
Rays seek first road win against Red Sox - Reuters
The Tampa Bay Rays hope their second road trip of the season turns out better than the first.
The Rays open a 10-game trip Monday, starting with a four-game series against the Boston Red Sox
Temasek abandons $3 billion bid for Keppel after conglomerate's loss - Reuters
SINGAPORE (Reuters) - Singapore’s Temasek Holdings is terminating its $3 billion conditional offer for conglomerate Keppel Corp ( KPLM.SI ) by invoking a material adverse change (MAC) clause following the company’s poor financial results.
Keppel’s large second-quarter loss that breached a threshold in the state investor’s offer to buy control of the company had raised the
Egypt's annual urban consumer price inflation fell to 4.2% in July - CAPMAS - Reuters India
CAIRO (Reuters) - Egypt’s annual urban consumer price inflation fell to 4.2% in July from 5.6% in June, the central statistics agency CAPMAS said on Monday.
Month on month inflation increased to 0.4% in July from 0.1% in June mainly on the back of an increase in electricity and energy prices,
UPDATE 2-Fashion retailer Superdry's stronger than expected sales boosts shares - Reuters India
* First quarter revenue down 24.1%
* Store sales down 58.1%, E-commerce sales up 93.2%
* Outcome better than retailer’s initial expectations
* Secures 70 mln stg lending facility
* Shares up 15% at 0748 GMT (Adds detail, analyst comment, shares)
LONDON, Aug 10 (Reuters) - British fashion retailer Superdry traded ahead of expectations in the latest quarter and has boosted its liquidity with a new 70 million
Column: Funds sell corn and soybeans despite record U.S. export sales - Reuters UK
FORT COLLINS, Colo. (Reuters) - Speculators are approaching the one-year mark of the last time they were bullish toward Chicago-traded corn, and that trend is unlikely to end anytime soon as favorable U.S. growing conditions keep stockpiles generous.
The expanding supply outlooks for corn and soybeans have offset incredibly strong export demand
UK says illegal migrant crossings from France are unacceptable - Reuters India
LONDON (Reuters) - Illegal migrant crossing from France to Britain are unacceptable so there needs to be action to prevent smugglers from exploiting people who risk the perilous journey across the Channel in small boats, a British junior minister said on Monday.
“We do have an unacceptable situation of many migrants coming across the Channel at the moment,” junior health minister Helen Whately told Sky News.
“We are taking action.”
Reporting by Guy Faulconbridge and Kate Holton; writing by Costas Pitas
CORRECTED-Outsourcer Capita gets $464 mln extension for TfL contracts - Reuters
(Corrects headline, paragraphs 1 and 2 to say the deal included “two” contracts, not “one”, with TfL)
Aug 10 (Reuters) - British outsourcing group Capita Plc said on Monday that it has received extensions to its contracts with Transport for London (TfL) to October 2026 for 355 million pounds ($464 million).
The company said one contract is to continue managing London’s congestion charge, low-emission zone and ultra-low-