KYIV (Reuters) – Britain and Ukraine warned on Tuesday that any Russian incursion would be a massive mistake, pledging to work together to strengthen Ukraine’s defence capability. The two nations issued a joint statement issued following a meeting betw…
Hungary PM says agreement in Ukraine-Russia crisis is possible
BUDAPEST (Reuters) – Differences between Russia’s and NATO members’ stances on the Ukraine-Russia crisis are significant but “can be bridged,” Hungarian Prime Minister Viktor Orban said on Tuesday after hours of talks with Russian President Vladimir Pu…
Cruise to raise $1.35 billion from SoftBank as it readies robotaxis
By Jane Lanhee Lee and Hyunjoo Jin (Reuters) -Self-driving tech firm Cruise on Tuesday said SoftBank Group Corp’s Vision Fund has agreed to invest an additional $1.35 billion through a second tranche, as it works to launch a commercial ride-hailing ser…
GP Bullhound Acquisition SPAC plans Amsterdam IPO, launches $225 million offering
(Reuters) – Luxembourg-based GP Bullhound Acquisition I SE on Tuesday announced plans to list on the Euronext Amsterdam exchange and launched an offering of up to 200 million euros ($224.90 million). The special purpose acquisition company said the uni…
European shares rebound from downbeat January; UBS jumps on earnings
By Anisha Sircar and Ambar Warrick (Reuters) -European shares ended higher on Tuesday, recovering some of January’s steep losses, with Swiss lender UBS providing the most support on strong fourth-quarter earnings. The pan-European STOXX 600 rose 1.3% a…
Saipem held board meeting after profit warning – source
MILAN (Reuters) – Italian service group Saipem held a board meeting on Tuesday to discuss the company’s situation after a shock profit warning left leading shareholders scrambling to find a way to bolster its finances, a source close to the matter told…
Shell re-routes oil supplies after cyberattack on German firm
By James Pearson LONDON (Reuters) – Shell said on Tuesday it was re-routing oil supplies to other depots following a cyberattack on two subsidiaries of German logistics firm Marquard & Bahls this week. The companies, Oiltanking GmbH Group and mineral o…
Joe Rogan row puts cost of Spotify podcasts under investor microscope
By Supantha Mukherjee and Elizabeth Culliford (Reuters) – Spotify investors will focus on how much its ‘Netflix for audio’ strategy is costing the streaming service when it reports fourth-quarter results on Wednesday against the backdrop of several ang…
Denmark’s CIP to lead giant green hydrogen project in Spain
(Reuters) – Danish renewable company Copenhagen Infrastructure Partners (CIP) will lead a project in Spain to build a giant hydrogen plant, it said on Tuesday, as part of the Spanish government’s efforts to use EU funds to become a top producer of the …
BlackRock eyes 13.6 million euros potential gain on Saipem short bet- Ortex
MILAN (Reuters) – BlackRock made an estimated 13.6 million euros ($15.30 million) potential gain after shares in Italian oil contractor Saipem fell 30% on Monday following a profit warning, data from financial analytics firm Ortex showed on Tuesday. Bl…