By Gianluca Lo Nostro PARIS (Reuters) -Four of Europe’s biggest electric vehicle charging firms said on Wednesday they were teaming up to create the largest public charging network on the continent. Italy’s Atlante, Germany’s Ionity, the Netherlands’ Fastned and France’s Electra will create a new alliance called Spark aimed at sharing their networks. It will …
EV charging firms team up to launch Europe’s largest network Read More »
(Reuters) -Britain’s FTSE 100 fell on Wednesday as investors awaited details of U.S. President Donald Trump’s tariff plans in the latest escalation of a global trade war that has heightened worries about global growth and inflation. The blue-chip stocks index fell 0.3%, while the midcap FTSE 250 index gained 0.3%. Gains in the pound weighed …
FTSE 100 ends lower ahead of Trump’s tariffs announcement Read More »
By Valentina Za MILAN (Reuters) – Credit Agricole got the all clear to take a bigger stake in Italy’s Banco BPM, posing a hurdle to UniCredit which said on Wednesday it would launch its 14 billion euro ($15 billion) tender offer for BPM on April 28. UniCredit’s takeover offer is one of a series of …
UniCredit nears launch of Banco BPM bid as Credit Agricole ups stake Read More »
DUBLIN (Reuters) – Ireland’s High Court on Wednesday extended its suspension of a passenger cap at Dublin airport until an outcome is reached on a legal challenge taken by a number of airlines against the limit. The number of passengers at Dublin airport, which carries around 80% of the country’s air travellers, was capped at …
Irish court extends suspension of seat cap at Dublin Airport Read More »
(Reuters) – Canadian Pacific Kansas City said on Wednesday it and U.S.-based Lanco Group have sold the Panama Canal Railway Company to a unit of Denmark’s Maersk , one of the world’s largest container shipping groups. The Canadian railway company did not disclose terms of the deal, but added the deal would help it focus …
Denmark’s Maersk buys Panama Canal Railway Company Read More »
BERLIN (Reuters) -The VC pilots union is breaking off talks with Germany’s Lufthansa over proposed cuts, sources told Reuters on Wednesday, increasing the likelihood of strikes by cockpit crew over the course of this year. The airline is seeking union approval for cost reductions at Lufthansa’s core brand, which has been loss-making. The airline has …
Pilots union breaks off talks over Lufthansa’s staffing plans, sources say Read More »
PARIS (Reuters) – The U.S. administration’s tariff hikes should not derail an ongoing decline in inflation in Europe, ECB policymaker Francois Villeroy de Galhau said on Wednesday, adding that the fall boosted the case for a fresh interest rate cut. Euro zone inflation eased last month, in line with expectations, to 2.2%, zeroing in on …
Trump tariffs won’t derail fall in European inflation, ECB’s Villeroy says Read More »
By Tim Hepher and Joanna Plucinska PARIS/LONDON (Reuters) – Global airlines have issued their bluntest warning yet that efforts to reach net-zero emissions by 2050 are sliding off course, as the head of their main trade body accused oil firms and the rest of the aviation sector of dragging their feet. Airlines agreed in 2021 …
IATA airlines chief warns aviation industry falling behind on net zero Read More »
LONDON (Reuters) – The British government met with European venture capital firms on Wednesday in a bid to boost private investment into the country’s defence industry, describing such opportunities as an “ethical investment” in the continent’s security. The meeting – attended by defence minister John Healey and convened by venture capital firms Plural and Ten …
UK government courts venture capital to boost defence industry Read More »
LONDON (Reuters) – Britain will not rush into action to counter any import tariffs announced later on Wednesday by U.S. President Donald Trump because it does not want to risk undermining a possible trade deal with Washington, finance minister Rachel Reeves said. “The government has been really clear that we are going to approach this …
UK won’t jeopardise US trade talks with rushed tariff response, says Reeves Read More »
