15 March

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Stripe says raised $600 million in funding round at a $95 billion valuation By Reuters

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(Reuters) - Payment processing firm Stripe said on Sunday its valuation hit $95 billion after it raised $600 million in a new funding round. That makes Stripe the most valuable private company Silicon Valley has produced, according to the Financial Times. Stripe said in a statement that primary investors in the funding round are units of Allianz (DE:ALVG) SE, AXA SA (PA:AXAF),...

14 March

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Outgoing CEO says Panasonic must cut Tesla reliance as battery tie-up evolves – FT By Reuters

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(Reuters) - Panasonic Corp's outgoing Chief Executive Kazuhiro Tsuga said the company will need to reduce its heavy reliance on Tesla Inc by making batteries more compatible with electric vehicles from other global carmakers, the Financial Times reported on Sunday. "At some point, we need to graduate from our one-legged approach of relying solely on Tesla," Tsuga, who will step down after...

14 March

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New Zealand’s Tilt Renewables agrees to $2.1 billion takeover by consortium By Reuters

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(Reuters) - New Zealand's Tilt Renewables said on Monday it had agreed to be taken over by a consortium including its second-largest shareholder, AGL Energy and Australia's sovereign wealth fund, for NZ$2.94 billion ($2.10 billion). Shareholders in Tilt, which owns eight wind farms in Australia and New Zealand, will receive NZ$7.80 for every share, a 20.4% premium to the company's share price...

14 March

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Italy’s Piedmont region stops use of AstraZeneca vaccine batch By Reuters

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ROME (Reuters) - Italy's northern region of Piedmont said on Sunday said it would stop using a batch of AstraZeneca (NASDAQ:AZN) coronavirus shots after a teacher died following his vaccination on Saturday. The region, around the northern city of Turin, had initially suspended all AstraZeneca vaccines in order to identify and isolate the batch from which the jab administered to the...

14 March

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British-Iranian aid worker appears in Iran court for propaganda trial By Reuters

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DUBAI (Reuters) - British-Iranian aid worker Nazanin Zaghari-Ratcliffe was tried on a new charge of making "propaganda against the system" at Iran's Revolutionary court on Sunday, her lawyer said, one week after she completed a five-year jail sentence. British foreign minister Dominic Raab said the second trial was "unacceptable" and called on Iran to let Zaghari-Ratcliffe return to Britain. He said Iran...

14 March

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Volkswagen to cut up to 5,000 jobs, Handelsblatt newspaper reports By Reuters

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BERLIN (Reuters) - Carmaker Volkswagen (DE:VOWG_p) plans to cut up to 5,000 jobs in Germany by offering early or partial retirement to older employees in a move that could cost 500 million euros ($598 million), the Handelsblatt newspaper reported on Sunday. The newspaper quoted a spokeswoman confirming that the company had agreed the plan with the works council to open partial retirement...

14 March

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UK police face backlash after dragging mourners from vigil for murdered woman By Reuters

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LONDON (Reuters) - London's police force which dragged mourners from a vigil for a woman whose suspected killer is a police officer faced a backlash from the public and politicians on Sunday, with the government demanding it account for its actions. The disappearance of Sarah Everard, 33, as she walked home on the...

14 March

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Virgin Atlantic set to raise 160 million pounds in new financing By Reuters

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By Kanishka Singh (Reuters) - British airline Virgin Atlantic, which has been hammered by the COVID-19 pandemic like much of the sector, is set to raise 160 million pounds ($222.75 million) in new financing, a spokeswoman for Richard Branson's airline said in an emailed statement. "We continue to bolster our balance sheet in anticipation of the lifting of international travel restrictions during...

14 March

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British Airways calls for vaccinated people to travel without restrictions By Reuters

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By Sarah Young LONDON (Reuters) - British Airways's new boss said vaccinated people should be allowed to travel without restriction and non-vaccinated people with a negative COVID-19 test, as he set out his ideas for a travel restart a month before the UK government finalises its plans. Holidays will not be allowed until May 17 at the earliest, the government has...

14 March

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Britain must boost cyber-attack capacity, PM Johnson says By Reuters

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By David Milliken LONDON (Reuters) - Britain needs to boost its capacity to conduct cyber attacks on foreign enemies, Prime Minister Boris Johnson said before the publication of a national security review next week. "Cyber power is revolutionising the way we live our lives and fight our wars, just as air power did 100 years ago," Johnson said in a statement released...

Меню

Stripe says raised $600 million in funding round at a $95 billion valuation By Reuters

Outgoing CEO says Panasonic must cut Tesla reliance as battery tie-up evolves – FT By Reuters

New Zealand’s Tilt Renewables agrees to $2.1 billion takeover by consortium By Reuters

Italy’s Piedmont region stops use of AstraZeneca vaccine batch By Reuters

British-Iranian aid worker appears in Iran court for propaganda trial By Reuters

Volkswagen to cut up to 5,000 jobs, Handelsblatt newspaper reports By Reuters

UK police face backlash after dragging mourners from vigil for murdered woman By Reuters

Virgin Atlantic set to raise 160 million pounds in new financing By Reuters

British Airways calls for vaccinated people to travel without restrictions By Reuters

Britain must boost cyber-attack capacity, PM Johnson says By Reuters

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