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Rideshare and delivery drivers pose for group photograph as they gather in support of an industry-supported ballot measure that seeks to ask Massachusetts voters to decide whether ride-share and delivery drivers for companies like Uber and Lyft should be treated as independent contractors rather than employees, in Worcester, Massachusetts, U.S., April 23, 2024.

Massachusetts top court to hear challenges to gig worker ballot measures

Nate Raymond |Updated 23 minutes ago |2 min read

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 ...

A cybersecurity employee from the Paris 2024 flying squad uses a tablet to test the cybersecurity rules on the Olympic site which will host the hockey events at Yves-du-Manoir Stadium in Colombes, near Paris, France, May 3, 2024.

Olympics-Paris 2024 gearing up to face unprecedented cybersecurity threat

Julien Pretot |Updated 23 minutes ago |2 min read

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 ...

A trader works inside a booth, as screens display a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 1, 2024.

Morning Bid: Relief (mostly) everywhere

Reuters |Updated 1 hour ago |3 min read

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. ...

U.S. Dollar banknote is seen in this illustration taken July 17, 2022.

Explainer-What is at stake for sovereign debt bill as New York legislature reconvenes

Rodrigo Campos |Updated 1 hour ago |3 min read

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 President Emmanuel Macron delivers a speech after a visit to a factory of manufacturer Valeo in Etaples, near Le Touquet, France May 26, 2020, as part of the launch of a plan to rescue the French car industry. Ludovic Marin/Pool via

French carmakers target fourfold jump in EV sales by 2027

Reuters |Updated 1 minutes ago |1 min read

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 ...

Residential apartments are located in downtown Shenzhen, China April 26, 2017. Picture taken April 26, 2017.

China home sales slump 47% over May Day holiday vs 2023

Reuters |Updated 1 hour ago |1 min read

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 ...

The skyline of the banking district is seen during sunset in Frankfurt, Germany, April 21, 2024.

German services sector picks up pace in April, PMI shows

Maria Martinez |Updated 2 hours ago |1 min read

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' ...

The skyline with the banking district is seen during sunset in Frankfurt, Germany, February 27, 2024.

Euro zone business activity grows at fastest pace in almost a year, PMI shows

Reuters |Updated 2 hours ago |2 min read

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 bank's logo is seen at an ATM machine outside an office in Barcelona, Spain, September 7, 2021.

Sabadell board meets to consider BBVA's $13 billion offer, sources say

Reuters |Updated 22 minutes ago |2 min read

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 ...

Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018.

KKR to buy India's Healthium Medtech at $839 million valuation, sources say

Reuters |Updated 43 minutes ago |1 min read

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 ...

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