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EasyJet Says Bookings Strong As It Posts 545 Mln Stg First Half Loss

British low-cost carrier EasyJet said demand was strong, with bookings in the last 10 weeks consistently above pre-pandemic levels.

Google To Pay Over 300 European News Publishers For Content

The tech giant signed deals with news outlets in Germany, Hungary, France, Austria, the Netherlands and Ireland and said it is in talks with others as well.

Credit Suisse’s Legal Headaches Cost The Bank Another $700 Million

Credit Suisse (CSGKF) expects to report a first-quarter loss after increasing legal provisions, seeing business activity slow, and taking a hit from the fallout of Russia’s invasion of Ukraine, the Swiss bank said on Wednesday. The bank is still reeling from billions in losses racked up in 2021, which prompted a top management shake-up, and […]

Fintechs Are Under Pressure To Stop Russian Sanctions Evasion. This Start-Up Raised $94 Million To Help

Seon, a start-up that helps fintech companies like Revolut tackle online fraud, has raised $94 million to develop new tools for preventing sanctions evasion by Russia. The London-based company raised the fresh cash in a funding round led by IVP, the Silicon Valley investment firm that has backed the likes of Netflix and Twitter. IVP […]

Streaming Services Take A Hit As Inflation Forces Brits To Choose

Britons are abandoning streaming services such as Netflix (NFLX) and Disney+ to save money as they suffer the biggest cut to their disposable incomes since the 1950s. Streaming services boomed during the pandemic as people were forced to spend more time at home. With lockdown restrictions lifted, Britons canceled about 1.5 million subscriptions in the […]

Soaring Petrol Costs Drive UK Inflation To 30-Year High

Prices are rising at their fastest rate for 30 years, driven by a sharp increase in petrol and diesel costs. The UK inflation rate rose to 7% in the year to March, the highest rate since 1992 and up from 6.2% in February. Prices are rising faster than wages and there is pressure on the […]

KKR’s Bid for Telecom Italia Deadlocked over Due Diligence

KKR and TIM stuck over data access.

GE Healthcare and Elekta Expand Access to Precision Radiation Therapy

GE Healthcare is a $17.7-billion healthcare business.

Bridgepoint Acquires Marketing Technology and Services Team ITG

Bridgepoint acquired majority stake in fast-growing ITG from previous shareholder Equistone Partners Europe for an undisclosed sum.

Renault Shuts Down In Russia And Weighs Quitting Venture

French automaker mulls options for Lada-making AvtoVaz unit.

UK Watchdog Puts 50 Crypto Companies On Notice Over ‘Misleading’ Ads

It has previously banned ads from the likes of Coinbase and Papa John’s over concerns they misled consumers.

French Energy Giant TotalEnergies To Stop Buying Russian Oil By Year-End

TotalEnergies’ contracts for Russian oil accounted for 12% of Russia’s diesel exports to the European Union in 2021, according to the statement.