WARSAW (Reuters) - Poland's antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday. UOKiK said that prohibited activities which could incur penalties were described in an unclear way and users...

PARIS, July 15 (Reuters) - European aerospace groups Airbus and Thales are exploring a tie-up of at least part of their space activities, two industry sources said, confirming a report by French business paper La Tribune. The sources said the preliminary talks were focusing on the groups' satellite activities. Both companies declined to comment. They are thinking about this seriously,...

(Reuters) - British luxury brand Burberry named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year. He will become Burberry's ( BBRYF ) fourth CEO in 10 years, replacing Jonathan Akeroyd who was axed after two years in the role. Schulman starts his new job on Wednesday, with a...

-ChatGPT maker OpenAI is working on a novel approach to its artificial intelligence models in a project code-named Strawberry, according to a person familiar with the matter and internal documentation reviewed by Reuters. The project, details of which have not been previously reported, comes as the Microsoft-backed startup races to show that the types of models it offers are capable...