Factbox-European companies cut jobs as economy sputters
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Ferrari to expand cooperation with battery supplier SK On
MILAN (Reuters) – Luxury sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) bat..
Business
Shares edge higher; yen’s drop to 1990 low lifts Nikkei
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Wealth Creation
Olympics-Parisians get ready to leave city with rental cash in pocket
PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hit..
Headlines
Big Oil’s climate planning not good enough, investor group says
By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe’s and North America’s biggest l..
News
Brazil, France launch $1.1 billion program to protect Amazon rainforest
By Ueslei Marcelino BELEM, Brazil (Reuters) -Brazil and France on Tuesday launched an investment program to protect the Brazilian and..
Headlines
UK’s ASOS posts 18% drop in first-half sales
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Headlines
German consumer sentiment stays on slow recovery path, finds GfK
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France’s Atos seeks debt restructuring plan by July after record losses
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RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores
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Headlines
Google, Apple breakups on the agenda as global regulators target tech
It is far from certain that regulators will issue break-up order as they mull options and any action may just result in a fine. Legal..
Headlines
Home improvement retailer Kingfisher warns on profit outlook
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Talgo’s top shareholder in talks with Stadler over takeover bid, report says
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Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander
Although BBVA cannot compete with Santander for reach and scale, its shares trade at more than 1.2 times book value thanks to a 32.5%..
Headlines
Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers
The highest-performing systematic strategies or trend funds took the most risk. These use different volatility thresholds to decide w..
Headlines
Oil rises as heightened geopolitical risks exacerbate supply concerns
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Headlines
Australia’s ANZ Group to settle credit cards class action for $37.4 million
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Headlines
Thousands of Spanish bank staff strike to demand pay rise, union says
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Air Europa says customer data may have been compromised in October breach
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Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start
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European Championship won’t save German economy, study shows
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Dollar set for weekly rise as Swiss cut signals potential rates gap
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UK consumers turn positive about their finances, GfK survey shows
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King Charles doing ‘very well’, Camilla tells Belfast crowds
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Headlines
Oil broadly steady after surprise US crude stock drop
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Europe’s pro-nuclear leaders seek atomic energy revival
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Reddit set for hotly anticipated debut after pricing IPO at top of range
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UK inflation fall paves way for BoE rate cuts later in 2024
The BoE has said that kind of underlying inflation pressure in the economy remains too persistent for it to cut interest rates now al..
Headlines
Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030
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Stellantis buys stake in optical radar start-up SteerLight
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Gloomy youth pull US and western Europe down global happiness ranking
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UK’s Labour opens door for more investment borrowing
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California, Stellantis strike vehicle emissions deal
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Meta offers to almost halve Facebook, Instagram monthly fees amid concerns
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AstraZeneca bets on new cancer treatments with $2 billion Fusion Pharma purchase
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Cryptoverse: AI tokens outpace record-breaking bitcoin
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European patent applications hit record high in 2023
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