(Reuters) – The pound drifted near two-month lows against the U.S. dollar on Thursday, after sliding a day earlier when a tame inflation report boosted Bank of England rate cut bets. Sterling was last down 0.1% at $1.29815 after breaching the key $1.30 mark on Wednesday when data showed British inflation dropped to the lowest …
Sterling drifts near two-month lows versus dollar Read More »
BELGRADE (Reuters) – Economic growth in the six Western Balkans countries is projected to moderately grow through 2025, thanks to increased consumption, investments and purchasing power, the World Bank said in a bi-annual report made public on Thursday. Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia will collectively grow 3.7% in 2025, 0.2 percentage point …
Western Balkan countries to grow 3.7% collectively in 2025, World Bank says Read More »
(Corrects reference in 2nd paragraph to company valuation (not the value of offering), changes the figures to 23 billion zlotys from 21.5 billion zlotys) GDANSK (Reuters) – Shares in Polish convenience store group Zabka rose 7% on their stock market debut in Warsaw on Thursday. The company priced its initial public offering (IPO) at 21.50 …
MADRID (Reuters) -Spanish steel maker Sidenor sent a letter stating it was considering a tender offer for part or all of the shares of train manufacturer Talgo, the latter said late on Wednesday in a filing to the stock market regulator. Talgo did not say whether Sidenor disclosed the stake it intends to buy or …
Spanish steel maker Sidenor announces possible tender offer for Talgo Read More »
PRAGUE (Reuters) – Czech interest rates in the coming years will be higher than in the past and cuts will be done with caution, central bank Governor Ales Michl said on Thursday. “We will cut (rates) but very carefully. But in any case, on average, interest rates should be higher than we were used to,” …
Czech rates to be cut with caution, central bank chief says Read More »
ANKARA (Reuters) – Turkey has been conducting technical works aimed at accelerating its planned purchase of Eurofighter Typhoon fighter jets, a defence ministry official said on Thursday. Ankara said last year it was in talks with Eurofighter consortium members Britain and Spain to buy Typhoons, though Germany objected the idea. Since then, it has complained …
Turkey working to accelerate Eurofighter jets buy, official says Read More »
By Shanima A (Reuters) -British pest control company Rentokil reported a 2.6% rise in third-quarter revenue and announced a management overhaul at its struggling North American business on Thursday, sending its shares 8% up. It said in a statement its North America finance chief has left the business and the group has appointed a new …
Rentokil shares jump as group moves to fix North America business Read More »
PARIS (Reuters) – Cement maker Holcim’s Lafarge will face trial in a French court on charges that its Syrian subsidiary financed terrorism and breached European sanctions in order to keep a plant operating, France’s anti-terrorism prosecutor and a lead plaintiff said. Lafarge, which became part of Swiss-listed Holcim in 2015, has been the subject of …
French cement maker Lafarge to face trial on terrorism funding charges Read More »
By Nell Mackenzie LONDON (Reuters) -London-listed Man Group reported on Thursday an 8% rise in assets under management to $174.9 billion for the year to Sept. 30, despite a large client redemption in the third quarter. The assets under management were, however, slightly below $175.5 billion expected by analysts. Shares in the company were last …
Man Group assets rise despite hefty client redemption Read More »
By Marine Strauss and Bart H. Meijer STRASBOURG, France (Reuters) -EU Commission President Ursula von der Leyen on Tuesday named Spain’s Teresa Ribera as the bloc’s next antitrust commissioner while Estonia’s Kaja Kallas will be in charge of foreign policy. Lithuania’s Andrius Kubilius will be the EU’s first defence commissioner – a new role designed …
Von der Leyen names European Commission’s new top team Read More »
