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18 April
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Britain stands in ‘full support’ of Czechs after Russian expulsions By Reuters

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LONDON (Reuters) - Britain stands in "full support" of the Czech Republic which has exposed the lengths Russian intelligence services will go to, foreign minister Dominic Raab said on Sunday after Prague expelled 18 Russian embassy staff. "The UK stands in full support of our Czech allies, who have exposed the lengths that the GRU will go to in their attempts to conduct dangerous and malign operations – and highlights a disturbing pattern of behaviour following the attack in Salisbury," Raab said on Twitter. ...

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18 April
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Daimler to hire 1,000 programmers in Germany -Automobilwoche By Reuters

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BERLIN (Reuters) - German carmaker Daimler will create 1,000 new jobs for software programmers at its S-Class production facility to develop its planned operating system for electric vehicles, Automobilwoche reported on Sunday. The hiring comes as part of a broader drive to recruit a total of 3,000 programmers worldwide to strengthen Daimler's software hubs in centres including Berli, Tel Aviv, Seattle and Beijing, the weekly magazine reported. Daimler's MBOS system, which will run electric-only vehicles, is expected to hit the market in 2024 as Daimler takes on electric-only rival Tesla and seeks to resist encroachment...

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18 April
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A tale of two carmakers: GM and Toyota take different electric roads in China By Reuters

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By Norihiko Shirouzu SHANGHAI (Reuters) - Toyota pioneered the world's most successful hybrid car but when it comes to pure electric vehicles it has some catching up to do, especially in China. The Hong Guang Mini EV, a tiny, no-frills car made by a General Motors (NYSE:GM) joint venture that costs under $5,000 is a smash hit in the world's biggest car market while Toyota has yet to launch its own small, low-cost electric vehicle in China. Toyota, the world's biggest carmaker, is set to unveil its solution at the Shanghai auto show on April...

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18 April
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Saudi and Iranian officials held talks to patch up relations – FT By Reuters

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(Reuters) - Senior Saudi and Iranian officials have held direct talks in a bid to repair relations between the two regional rivals, four years after they cut off diplomatic ties, the Financial Times reported https://www.ft.com/content/852e94b8-ca97-4917-9cc4-e2faef4a69c8 on Sunday, citing officials briefed on the discussions. The first round of Saudi-Iranian talks took place in Baghdad on April 9, included discussions about attacks on Saudi Arabia by Yemen's Iran-aligned Houthi group and were positive, the FT report added, citing one of the officials. Saudi authorities did not immediately respond to a Reuters request for comment, and Iranian officials...

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18 April
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Exclusive-Italy risks missing Recovery Plan deadline due to EU concerns, sources say By Reuters

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By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy risks missing an April 30 deadline for submitting a final version of its Recovery Plan to the European Commission because Brussels is not satisfied with several aspects of the drafts presented so far, two sources close to the matter said. A spokesman for Prime Minister Mario Draghi firmly denied that the deadline would be missed. "The plan will be presented on April 30," he said. An Economy Ministry spokesman said "our aim remains to present it on April 30". A delay would be a blow...

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18 April
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UK warships to sail for Black Sea in May as Ukraine-Russia tensions rise – Sunday Times By Reuters

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(Reuters) - British warships will sail for the Black Sea in May amid rising tensions between Ukraine and Russia, the Sunday Times newspaper reported, citing senior naval sources. The deployment is aimed at showing solidarity with Ukraine and Britain's NATO allies, the newspaper reported https:// One Type 45 destroyer armed with anti-aircraft missiles and an anti-submarine Type 23 frigate will leave the Royal Navy's carrier task group in the Mediterranean and head through the Bosphorus into the Black Sea, according to the report. RAF F-35B Lightning stealth jets and Merlin submarine-hunting helicopters will stand ready on...

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18 April
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Amazon’s video game division cancels Lord of the Rings game announced in 2019 By Reuters

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By Kanishka Singh (Reuters) - Amazon.com Inc (NASDAQ:AMZN)'s video game division has canceled an online role-playing game based on the fantasy series Lord of the Rings, which was announced in 2019, an Amazon spokeswoman said. The game had been in development at Amazon Game Studios alongside China-based Leyou Technologies Holdings, which was acquired by Chinese tech giant Tencent Holdings (HK:0700) in December. The resulting contract negotiations led to a dispute between Amazon and Tencent that eventually caused the game's cancellation, Bloomberg reported earlier on Saturday, citing people familiar with the matter. "Following Leyou's recent...

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18 April
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‘Roaring Kitty’ acquires more shares in GameStop – Bloomberg By Reuters

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(Reuters) - The man known as "Roaring Kitty" on social media, whose online posts helped spark January's trading frenzy in GameStop Corp (NYSE:GME), exercised call options on the stock to acquire 50,000 more shares at a strike price of $12, Bloomberg reported. Bloomberg cited a screenshot of Keith Gill's portfolio showing that he exercised 500 GameStop call options expiring Friday, when the stock closed at $154.69. The screenshots were posted on Reddit by Gill, and his mother confirmed the posts to Bloomberg. Reuters could not immediately reach the Gills for comment on Saturday....

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18 April
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Renault seeks to generate 1 billion euros from ‘circular economy’ by 2030 By Reuters

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PARIS (Reuters) - French automaker Renault (PA:RENA) will seek to generate more than 1 billion euros ($1.20 billion) in sales from the so-called "circular economy" by turning its Flins factory outside Paris into a research, recycling and repair centre, its boss told French weekly Journal du Dimanche. "Our ambition, by 2030, is to achieve more revenue (from recycling and repair at Flins) than from assembling cars there," said Luca de Meo, Renault's chief executive. "And to generate more than a billion euros in turnover in the circular economy." This represents a little more...

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18 April
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Air Force One subcontractor GDC countersues Boeing By Reuters

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By David Shepardson and Jeff Mason WASHINGTON (Reuters) - Air Force One subcontractor GDC Technics countersued Boeing (NYSE:BA) Co on Friday seeking at least $20 million after the largest U.S. airplane manufacturer canceled contracts for work on the aircraft that carries the U.S. president. Boeing said in its suit filed April 7 that Texas-based GDC failed to complete interior work on the two heavily modified 747-8 Air Force One planes and is "roughly one year behind schedule in meeting its contractual obligations." GDC's counterclaim argues it is "Boeing's mismanagement of the completion of two Air Force...

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