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SAP extends CEO Klein's contract until 2028
Massachusetts top court to hear challenges to gig worker ballot measures
By Nate Raymond BOSTON (Reuters) - The top Massachusetts court on Monday is set to consider whether the state's voters will get to decide two ballot proposals in November that would redefine the relationship between app-based companies like Uber ...
Olympics-Paris 2024 gearing up to face unprecedented cybersecurity threat
By Julien Pretot PARIS (Reuters) - Paris 2024 is getting ready to face an unprecedented challenge in terms of cybersecurity, with organisers expecting a huge pressure on the Games this summer. Organised crime, activists and states will be the ...
Morning Bid: Relief (mostly) everywhere
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. The relief across world markets as signs of a softening in the U.S. jobs markets strengthens the case for Federal Reserve rate cuts to start later this year remains palpable. ...
Explainer-What is at stake for sovereign debt bill as New York legislature reconvenes
By Rodrigo Campos NEW YORK (Reuters) - New York State lawmakers return from a two-week break on Monday with a month left to decide the fate of a controversial bill that aims to streamline sovereign debt restructurings, with hundreds of billions ...
French carmakers target fourfold jump in EV sales by 2027
PARIS (Reuters) - France's car industry will aim to ramp up electric car sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday, just as the president of China embarks on a state visit in the country. French ...
China home sales slump 47% over May Day holiday vs 2023
BEIJING (Reuters) - China's average daily home sales during the major May Day public holiday sank 47% from a year earlier, and were down around 30% from pre-pandemic levels in 2019 for the same holiday period, according to a private survey on ...
German services sector picks up pace in April, PMI shows
By Maria Martinez BERLIN (Reuters) - Business activity in Germany's services sector picked up pace at the start of the second quarter, supported by growth in new orders, a survey showed on Monday. The HCOB final services Purchasing Managers' ...
Euro zone business activity grows at fastest pace in almost a year, PMI shows
LONDON (Reuters) - Euro zone business activity expanded at its fastest pace in almost a year last month as a resurgence in the bloc's dominant services industry more than offset a deeper downturn in manufacturing, a survey showed on Monday.
Sabadell board meets to consider BBVA's $13 billion offer, sources say
By Jesús Aguado MADRID (Reuters) -Sabadell's board will meet on Monday to discuss an all-share offer from larger Spanish bank BBVA that was worth around 12 billion euros ($12.9 billion) when announced last week, two sources familiar with the matter ...
KKR to buy India's Healthium Medtech at $839 million valuation, sources say
MUMBAI/BENGALURU (Reuters) -Global investment firm KKR will buy Indian medical devices maker Healthium Medtech from UK-based Apax Partners in a deal that three sources with direct knowledge of the matter say is valued at 70 billion rupees ($838.60 ...