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(Reuters) -British cryptocurrency company KR1 said on Tuesday it plans to uplist its stock to the main market of the London Stock Exchange, to enhance its visibility and broaden investor base. KR1's move comes at a time when decentralised blockchain companies have gained a strong foothold in the global financial system and are of great interest to institutional investors. The UK, which has one of the fastest-growing crypto markets globally, has been revising regulations and positioning itself as a hub for the maturing sector. KR1, currently listed on the Aquis Stock Exchange, said it would also establish a placing programme to issue new shares to expand its staking operations, which involve validating transactions on blockchain networks in exchange for rewards. The company's stock migration is subject to approval of a prospectus by the Financial Conduct Authority and shareholder approval. (Reporting by Yamini Kalia in Bengaluru; Editing by Subhranshu Sahu)

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Berlin (dpa) – Diabetes patients who want a thinner waistline and a fatter wallet could do worse than consider going vegan, according to the Physicians Committee for Responsible Medicine. Published in BMC Nutrition, the Committee's research found that people with type 1 diabetes who ate mostly low-fat vegan food needed 28% or 12.1 units less insulin a day than others, equivalent to $1.08 less spent on the treatment. "A low-fat vegan diet could reduce insulin use and insulin costs in people with t1diabetes," the researchers say in their paper. "The reductions in insulin use in the vegan group likely reflect improved insulin sensitivity, or how well the body responds to insulin," they say, adding insulin resistance is "strongly influenced by dietary fat, which can inhibit glucose from entering the cells." People with type 1 diabetes usually have to inject insulin every day – in contrast to those with type 2 who usually have to do no more than make sure their diet is appropriate. Type 1 patients with insulin resistance in turn have to take more insulin than others with the same category of the disease. But sticking to vegan food – even if less palatable for many – seemed to contribute to what the researchers list as "improved insulin sensitivity and glycemic control, and improved cholesterol levels and kidney function." The cost of insulin increased by 24% from 2017 to 2022, according to the American Diabetes Association – a rise that accompanied a wider consumer and food price inflation spiral that followed Covid-19 lockdowns and the Russian invasion of Ukraine. "As insulin prices continue to rise, people with type 1 diabetes should consider a low-fat vegan diet, which can help improve their insulin sensitivity and reduce the amount of insulin they need, potentially saving them hundreds of dollars a year," says Hana Kahleova, director of clinical research at the Physicians Committee for Responsible Medicine. The following information is not intended for publication dpa spr arw

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By Leo Marchandon and Noemie Naudin (Reuters) -French IT consulting firm Capgemini raised its growth forecast on Tuesday, citing solid demand for AI solutions and strong performance in North America, after its third-quarter revenue rose by 2.9% in constant currency terms. The Paris-based company now expects its annual revenue to grow between 2% to 2.5%, excluding currency exchange effects, after previously guiding for -1% to +1%. It also narrowed its operating margin forecast to between 13.3% and 13.4%, from an earlier range of 13.3% to 13.5%. Capgemini, which provides services ranging from cloud to artificial intelligence and data across many industries, reported third-quarter revenue of 5.39 billion euros ($6.29 billion) and quarterly order bookings of 5.16 billion euros. "North America is now the group's locomotive, accounting for 28% of global revenue," CEO Aiman Ezzat said in a call with journalists. Capgemini's quarterly revenue grew 7% in the region. "This performance is driven by financial services, telecoms, media and technology, and industry, particularly in the life sciences," Ezzat added. Capgemini is also seeing growing demand for AI solutions, he said, a trend that was also behind the group's recent $3.3 billion acquisition of technology outsourcing firm WNS. "We saw an increase in demand even before the acquisition. That's why we did it. And today, we have already started to sign some nice contracts and have a very promising contract in the pipeline to be finalized by the end of the year," Ezzat said. The company's headcount increased by 4.7% to 354,700 employees at the end of September, compared to a year earlier. ($1 = 0.8575 euros) (Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)

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By Foo Yun Chee and Leo Marchandon (Reuters) -Austrian privacy group noyb said on Tuesday it has filed a criminal complaint in Austria, accusing U.S.-based Clearview AI of illegally collecting photos and videos of European Union residents to build its facial-recognition database. Noyb said in a statement Clearview violated the EU's General Data Protection Regulation (GDPR), and Austria's criminal provisions for those violations could expose Clearview and its executives to personal liability, including potential jail time. Clearview, which markets its tools mainly to law enforcement and says it has collected more than 60 billion images globally, did not immediately respond to an emailed request from Reuters for comment. The company has previously been found in breach of the GDPR by regulators in France, Greece, Italy, and the Netherlands in collecting and processing the data of millions of European citizens. The countries issued nearly 100 million euros ($116.62 million) in cumulative fines and reached a U.S. class-action settlement in March over its data-scraping practices. Clearview is contesting a 7.5-million-pound UK fine, arguing Britain's GDPR should not apply because its facial-recognition service is sold only to foreign law enforcement. The company says its operations fall outside UK jurisdiction. Its first appeal in the UK was dismissed in October, with the court ruling the service is used by clients to identify individuals and analyse behavior to predict and prevent illegal activities, thereby falling under the scope of UK GDPR. The case is now set to return to a lower tribunal, while Clearview retains the option to seek permission to appeal the jurisdiction decision. Noyb, led by Austrian lawyer Max Schrems, a privacy advocate known for winning two landmark EU court rulings that struck down transatlantic data-transfer frameworks, says Clearview has disregarded EU decisions as it lacks an EU establishment and has not paid imposed fines. The planned Austrian case seeks to test whether criminal enforcement can succeed where administrative penalties have struggled. Austria has implemented criminal provisions for certain GDPR violations within the country. If prosecutors accept the complaint, the case could set a precedent for criminal enforcement of GDPR violations and increase pressure on non-EU firms that process Europeans' biometric data. "Clearview AI amassed a global database of photos and biometric data, which makes it possible to identify people within seconds. Such power is extremely concerning and undermines the idea of a free society, where surveillance is the exception instead of the rule," Schrems said in the statement. ($1 = 0.8575 euros) (Reporting by Leo Marchandon in Gdansk and Foo Yun Chee in Brussels; Editing by Muralikumar Anantharaman)

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(Corrects headline and paragraph 1 to say revenue is reported in constant currency, not organic, basis) (Reuters) -French IT consulting firm Capgemini said its third-quarter revenue increased by 2.9% in constant currency and raised its growth forecast on Tuesday, citing solid demand for AI solutions and strong performance in North America.  The company raised its revenue growth guidance to between 2% and 2.5% in constant currency terms, after having narrowed it to between -1% and +1% at the end of the second quarter. It also narrowed its annual operating margin forecast to between 13.3% and 13.4%, from 13.3% to 13.5% previously. Capgemini, which provides services ranging from cloud to artificial intelligence and data across many industries, reported third-quarter revenue of 5.39 billion euros and quarterly order bookings of 5.16 billion euros. Its headcount was at 354,700 at the end of September, up 4.7% from a year earlier. ($1 = 0.8575 euros) (Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)

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By Ju-min Park GYEONGJU, South Korea, (Reuters) -The explosive growth in artificial intelligence data centres is creating "bottlenecks" for chips and other key supplies, SK Group Chairman Chey Tae-won said on Tuesday. "I believe these rapid developments and changes are ultimately leading to bottlenecks around the world," said Chey, who heads the large South Korean conglomerate that includes memory chipmaker SK Hynix and leads the Korea Chamber of Commerce and Industry. "Now, a lot of AI data centres need to be built, and for everything that goes into them, from chips to services, they are creating bottlenecks, I think," Chey said at a business side-event for the Asia-Pacific Economic Cooperation (APEC) summit this week in South Korea. Chey said global competition over AI was so intense that major economies such as the U.S. and China had released national AI strategies to take the lead. Chey and other global business leaders are gathering in the ancient South Korean town of Gyeongju for APEC events ahead of the arrival of U.S. President Donald Trump and Chinese President Xi Jinping. (Reporting by Ju-min Park; Editing by Jamie Freed)

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(Reuters) -Skyworks Solutions, which supplies radio frequency chips to Apple and other smartphone makers, held talks in recent months to buy rival Qorvo, The Information reported on Tuesday, citing people familiar with the matter. Qorvo, which has a market cap of $8.54 billion according to LSEG data, closed at $92.13 on the Nasdaq on Monday. Skyworks has a market cap of $11.26 billion, according to LSEG, and employed more than 10,000 people as of 2024, according to their website. Skyworks Solutions and Qorvo did not immediately respond to requests for comment. Reuters could not immediately verify the report. Skyworks designs and manufactures analog and mixed-signal chips used in wireless communication, automotive, industrial and consumer electronics. The firm had in August forecast fourth-quarter revenue and profit above Wall Street expectations, benefiting from steady demand for its analog chips. In April, Qorvo appointed industry veterans Richard Clemmer and Christopher Koopmans as independent directors to its board, amid activist investor Starboard Value's push to boost the company's weak share price. Starboard had nominated its managing member Peter Feld for election to the Qorvo board and increased its stake in the firm to about 8.9%. (Reporting by Disha Mishra in Bengaluru; Editing by Nivedita Bhattacharjee and Mrigank Dhaniwala)

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(Reuters) -Siltronic on Tuesday narrowed its annual core profit margin outlook after posting a weaker-than-expected quarterly profit, impacted by negative currency effects and deliveries shifting into the next quarter. The German semiconductor materials supplier now expects an earnings before interest, taxes, depreciation and amortization (EBITDA) margin of 22% to 24% for 2025. It previously a forecast range of 21% to 25%. Siltronic posted EBITDA of 65.7 million euros ($76.6 million) for the third-quarter, down from 89.4 million euros a year earlier, and below analysts' average forecast of 66.6 million euros, according to a poll by LSEG. "As expected, Q3 was impacted by significant delivery shifts into Q4 and negative FX effects, which temporarily weighed on sales and profitability," CEO Michael Heckmeier said in a statement. Siltronic and other materials and equipment suppliers such as Aixtron and Besi have been facing a slump in demand due to customers' slower than expected inventory reductions, even as AI chip demand only partially offset weakness in the sector for automotive, PC and memory chips. Siltronic, whose customers include Infineon, Intel, Samsung and TSMC, confirmed its full-year guidance. ($1 = 0.8575 euros) (Reporting by Ozan Ergenay in Gdansk, editing by Matt Scuffham)

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(Reuters) -French IT consulting firm Capgemini said its third-quarter revenue increased by 2.9% organically and raised its growth forecast on Tuesday, citing solid demand for AI solutions and strong performance in North America.  The company raised its revenue growth guidance to between 2% and 2.5% in constant currency terms, after having narrowed it to between -1% and +1% at the end of the second quarter. It also narrowed its annual operating margin forecast to between 13.3% and 13.4%, from 13.3% to 13.5% previously. Capgemini, which provides services ranging from cloud to artificial intelligence and data across many industries, reported third-quarter revenue of 5.39 billion euros and quarterly order bookings of 5.16 billion euros. Its headcount was at 354,700 at the end of September, up 4.7% from a year earlier. ($1 = 0.8575 euros) (Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)

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(Reuters) -German semiconductor materials supplier Siltronic reported a slightly lower-than-expected quarterly core profit on Tuesday, impacted by negative currency effects and deliveries shifting into the next quarter. The company posted earnings before interest, taxes, depreciation and amortization (EBITDA) of 65.7 million euros ($76.6 million) for the third-quarter, down from 89.4 million euros a year earlier, and below analysts' average forecast of 66.6 million euros, according to a poll by LSEG. ($1 = 0.8575 euros) (Reporting by Ozan Ergenay in Gdansk)

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