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EU opens proceedings against X over its efforts to combat information manipulation

PARIS/STOCKHOLM (Reuters) - The European Union on Monday launched formal infringement proceedings against social media company X, formerly known as Twitter, on suspicion of a breach of obligations in

Goldman Sachs faces rocky exit from Apple credit card partnership

By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit from a partnership that is seen by

Vodafone shares climb as Iliad proposes Italian merger

By Elvira Pollina and Paul Sandle MILAN/LONDON/PARIS (Reuters) -Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian units, a move that would combine its fast-growing

Tencent shuts US video games studio Team Kaiju — source

By Josh Ye HONG KONG (Reuters) - Chinese tech giant Tencent has shut down one of its U.S. video games studios that has been considered a key part of its global expansion plan to become a competitive

Delivery Hero to close tech hubs in Turkey and Taiwan, cut jobs

(Reuters) -German online takeaway food company Delivery Hero said on Monday that it would close its global tech hubs in Turkey and Taiwan and adjust the headcount at its headquarters in Berlin. The

Workers at Amazon logistics centre in Spain plan 3-day strike over wages

MADRID (Reuters) - Spanish workers at a logistics centre of giant online retailer Amazon in northern Spain are planning a three-day strike ahead of the Epiphany feast day on Jan. 6, when Spanish

IBM to buy Software AG’s enterprise integration platforms for $2.3 billion

FRANKFURT (Reuters) -IBM said on Monday that it would buy Software AG's enterprise integration platforms for 2.13 billion euros ($2.33 billion) to bolster its artificial intelligence and hybrid cloud

Vodafone shares up as Iliad proposes Italian merger

MILAN/PARIS/LONDON (Reuters) -Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian units, a move that would combine its fast-growing consumer base with the British

Delivery Hero to close hubs in Turkey and Taiwan, cut jobs

(Reuters) - Delivery Hero said on Monday that it would close its global tech hubs in Turkey and Taiwan and adjust the headcount at its headquarters in Berlin. The company has reduced the workforce of

China’s IM Motors seeks OK on L3 highly autonomous vehicles

SHANGHAI (Reuters) - IM Motors, the electric car brand of Chinese state-owned automaker SAIC Motor, said on Monday it is applying to China's industry ministry for product entry of Level 3 autonomous

On Camera

Defence, tech, education—Modi’s visit will boost India-UK ties

Given the immediate challenges on India’s borders, cooperation in the defence sector with partners such as the UK has achieved greater importance.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Indian firm sets up titanium, superalloy plants to meet global need. Safran, Dassault, BAE line up

PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.