BERLIN (Reuters) -The German government foresees inflation falling to 2% this year and then to 1.9% next year, a source told Reuters on Tuesday. (Reporting by Holger Hansen, Writing by Miranda Murray, Editing by Rachel More)
By Elvira Pollina, Giuseppe Fonte MILAN (Reuters) -A dispute over valuation is complicating Italy’s plan to sell PagoPA, which handles digital payments to the public administration, to the state mint and financial conglomerate Poste Italiane, two sources close to the matter said. The prospect of PagoPA changing hands, even though it would remain under state-controlled …
COPENHAGEN (Reuters) -Sweden’s Biotage said on Tuesday that KKR had made a cash offer for the Swedish biotechnology firm, valuing it at around 11.6 billion Swedish crowns ($1.22 billion). The offer price of 145 crowns per share represents a premium of 60.1% compared with its closing share price on April 17. Biotage’s board of directors …
KKR makes $1.2 billion offer for Sweden’s Biotage Read More »
By Stefano Rebaudo (Reuters) -Sterling hit a fresh 7-month high against the dollar on Tuesday as the greenback weakened amid concerns over the Federal Reserve’s independence after recent verbal attacks made by U.S. President Donald Trump against the Fed chair. White House economic adviser Kevin Hassett said on Friday that Trump and his team would …
Sterling hits 7-month high as dollar drops on concerns over Fed’s independence Read More »
(Reuters) -German media group Bertelsmann’s CEO Thomas Rabe hopes to revive the aborted merger between French broadcasters M6 and TF1 within the next two to three years, he told the Financial Times in an interview published on Tuesday. In 2022, M6 Group and TF1 abandoned plans to join forces saying antitrust requests made the deal …
Bertelsmann chief seeks to revive $4.15 billion French TV merger, FT reports Read More »
FRANKFURT (Reuters) -Euro zone inflation could be a touch higher this year than earlier thought but will then stabilise at the European Central Bank’s 2% target, the bank’s Survey of Professional Forecasters showed on Tuesday. The ECB cut interest rates for the seventh time in a year on Thursday, arguing that disinflation was well on …
(Reuters) -Britain is more likely to see lower rather than higher inflation as a result of U.S. President Donald Trump’s tariffs, Bank of England policymaker Megan Greene said on Tuesday. Greene, who has sounded more worried about the persistence of inflation pressure than some of her other colleagues on the Monetary Policy Committee, said Britain’s …
BoE’s Greene says US tariffs likely to put downward pressure on UK inflation Read More »
(Reuters) -Spain’s trade deficit widened 58% in the first two months of 2025 from the same period a year earlier, to 9.62 billion euros ($11.07 billion), the Economy ministry said on Tuesday. Imports over the period rose 4.9% to 71.37 billion euros, while exports fell 0.4% to 61.75 billion euros, the ministry said. ($1 = …
Spain’s trade deficit widens 58% in Jan-Feb from same period a year ago Read More »
HAMBURG (Reuters) -Rain over the Easter weekend in Germany has raised Rhine river water levels, with vessels able to carry more cargo, though the river is still too shallow for normal sailings, commodity traders said on Tuesday. Extreme lack of rain in March and April resulted in low water levels hampering April shipping on all …
Ships able to increase loads on Rhine after sharp rise in water levels Read More »
FRANKFURT (Reuters) -Euro zone firms were reporting improved business momentum in the weeks leading up to the Trump administration’s early April tariff announcement, mainly reflecting an incipient recovery in the industrial sector, an ECB survey showed on Tuesday. Businesses said that while uncertainty remained high, there were signs of recovering demand for machinery and equipment, …
Euro zone firms were seeing improved business momentum before tariffs, ECB says Read More »
