Reuters

News Organisation

SpaceX is expected to go public later this year and investor expectations for the listing hinge heavily on Starlink

Starlink user growth accelerates as SpaceX eyes IPO debut

Starlink, the satellite internet unit of Elon Musk's SpaceX, is seeing a surge in global user growth and app downloads, market research firm Apptopia said in a report, highlighting its role in supporting the parent's expected listing this summer.

Business • 13 mins

PepsiCo's price cuts pay off, but flags war cost risks

PepsiCo's price cuts for salty snacks in the US and resilient demand for diet sodas helped it top Wall Street estimates, providing a buffer against growing macroeconomic uncertainty and the threat of higher costs due to the Iran war.

Business • 35 mins

EU working on jet fuel plan as Iran crisis hits travel

The European Union is drafting plans to tackle a looming jet fuel supply crunch and maximise refinery output, ⁠officials said.

Business • 56 mins

The Rockhmapton barrage is seen stretching across the Fitzroy river on July 09, 2017 in Rockhampton, Australia.

Brisbane 2032 plans to stick with croc habitat for rowing

Brisbane 2032 organisers are not considering alternatives to the Fitzroy river in central Queensland for the rowing events, an official said on ⁠Thursday, despite concerns over a venue renowned for strong tides and crocodiles.

Rowing • 3 hrs

Google should let 3rd-party search engines access to data

The European Commission has proposed that Google allow third-party search engines to access its search data, including that of artificial intelligence chatbots with search functionalities, to comply with the Digital Markets Act, the commission said today.

Business • 1 hr

European banks can withstand current shocks - watchdog

European lenders are resilient enough to absorb current financial and geopolitical shocks but need to prepare for future uncertainties including cybersecurity risks from AI, François-Louis Michaud, the new head of the European Banking Authority, said.

Business • 3 hrs

Nissan talks with China's Chery on building cars in UK

Nissan has held talks with China's Chery about building cars at the Japanese automaker's Sunderland plant in Britain as it seeks to boost utilisation at the factory, the Financial Times reported today.

Business • 5 hrs

Sazerac bids $15 billion for Brown-Forman - sources

US spirits group Sazerac has offered to buy Brown-Forman for about $15 billion, a source familiar with the matter said yesterday, complicating Pernod Ricard's attempt to merge with the Jack Daniel's maker.

Business • 5 hrs

A white and orange Easyjet plane flying in the sky

EasyJet warns of bigger H1 loss on surging fuel costs

UK budget airline EasyJet warned of a bigger first-half loss and said bookings were lagging compared to last year as a result of uncertainty sparked by the Iran war, denting its shares and those of other budget airlines.

Business • 3 hrs

Uncertainty on Iran war weighs on Tesco's profit outlook

Supermarket group Tesco said uncertainty about the economic impact of the conflict in the Middle East on consumers had clouded its outlook, and in the worse case could result in profit falling this year.

Business • 3 hrs

wire

Reuters

Starlink user growth accelerates as SpaceX eyes IPO debut

PepsiCo's price cuts pay off, but flags war cost risks

EU working on jet fuel plan as Iran crisis hits travel

Brisbane 2032 plans to stick with croc habitat for rowing

Google should let 3rd-party search engines access to data

European banks can withstand current shocks - watchdog

Nissan talks with China's Chery on building cars in UK

Sazerac bids $15 billion for Brown-Forman - sources

EasyJet warns of bigger H1 loss on surging fuel costs

Uncertainty on Iran war weighs on Tesco's profit outlook