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Air France, Brussels Airlines among carriers in EU greenwashing probe May 2, 2024 03:36AM

BRUSSELS (Reuters) - Air France and Brussels Airlines are among 20 airlines being investigated by the European Union for potentially misleading greenwashing practices, the airlines told Reuters, confirming a report by Belgian broadcaster RTBF.

(Reporting by Charlotte Van Campenhout; editing by Jason Neely)


European shares slip at open in earnings tide, Fed outcome May 2, 2024 03:33AM

(Reuters) - European shares opened on a sombre note on Thursday as investors returned after a mid-week holiday to parse a slew of big-ticket earnings and the Federal Reserve signalling a delay in interest rate cuts.

The pan-European STOXX 600 was down 0.2% by 0715 GMT, after logging its first monthly decline this year in April.

Investors were back after the Labour day holiday on Wednesday, a day that saw the Fed signal rates would stay... (continue reading...)


Universal Music Group reaches new licensing agreement with TikTok May 2, 2024 03:10AM

By Dawn Chmielewski and David Shepardson

(Reuters) - Universal Music Group and TikTok said on Thursday that they had reached a new licensing agreement that will restore the label's songs and artists to the social media platform.

TikTok began removing Universal's content from its app after their licensing deal expired in January and the two sides failed to reach agreement on royalty payments to artists and songwriters, protections from... (continue reading...)


Explainer-What are Japan's tactics based on latest suspected yen intervention? May 2, 2024 03:07AM

By Tetsushi Kajimoto and Leika Kihara

TOKYO (Reuters) - The yen surged against the dollar on what traders suspect was another round of intervention by Japanese authorities to stem the currency's sharp declines.

While authorities have not confirmed whether they stepped in, below are some hints on Tokyo's new intervention tactics:

WHY DID THEY STEP IN?

The yen fell below the key 160-to-the-dollar line after Bank... (continue reading...)


Greek summer wildfire threat nears, outpacing plans to contain it May 2, 2024 03:06AM

By Angeliki Koutantou

ATHENS (Reuters) - When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes last July, flames were already leaping above the trees into the night sky. The volunteers needed to act fast, but dense vegetation on the forest floor blocked access.

With crews unable to get close, the fire spread and within days had engulfed the Mediterranean island, forcing 19,000 people to flee - one of the... (continue reading...)


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