FRANKFURT (Reuters) – European Central Bank policymaker Robert Holzmann said there was no reason to cut interest rates further as they were no longer curbing economic growth in the euro area and inflation continued to decline as expected. In an interview with Reuters, Holzmann welcomed data published on Tuesday that showed euro zone inflation, including …
ECB’s Holzmann sees no reason to cut as rates no longer a drag Read More »
LONDON (Reuters) -The London Metal Exchange (LME) average daily volumes gained 5.9% in the first quarter of 2025, marking the second highest quarterly level in the last 11 years, the exchange said on Wednesday. The exchange, the world’s oldest and largest market for industrial metals, said average daily volumes (ADV) rose to 698,209 lots in …
LME first-quarter volumes jump 5.9% to second highest in 11 years Read More »
BUDAPEST (Reuters) – A planned oil pipeline from Hungary to Serbia could begin to meet all of Serbia’s crude oil needs by 2028, Hungarian foreign minister Peter Szijjarto said on Wednesday. Construction of the pipeline, with annual capacity of 4-5 million tons, could start late this year or early in 2026, Szijjarto said at a …
Hungary could meet Serbia’s oil needs with new pipeline from 2028, minister says Read More »
(Reuters) – Canada’s BlackBerry forecast a revenue decline in fiscal 2026 on Wednesday, as it anticipated weak spending on its cybersecurity products. U.S.-listed shares of the Waterloo, Ontario-based company fell 4% in premarket trading. BlackBerry, once a dominant force in the smartphone market, has transitioned into selling software for devices and autonomous vehicles. But enterprises …
BlackBerry forecasts lower annual revenue due to weak demand for cybersecurity services Read More »
By Catarina Demony and Kate Holton LONDON (Reuters) – (This March 27 story has been corrected to make clear that Tesla benefits indirectly from credit scheme and does not receive UK subsidies, changing reference in the headline and in paragraphs 1, 3 and 11) Britain is working intensely with Washington to secure an exemption from …
UK in talks over US car tariffs, could look at EV incentives, Reeves says Read More »
-Britain’s biggest water supplier Thames Water on Wednesday named former British Gas finance director Steve Buck as its chief financial officer to help deliver the indebted company’s turnaround plan. Last week, Thames Water announced the abrupt departure of CFO Alastair Cochran. A poster child for Britain’s broken water sector, Thames Water has been battling against …
Thames Water names ex-British Gas finance director as CFO Read More »
LONDON (Reuters) – The European Union is more likely than not to eventually launch a further joint borrowing programme for defence spending that hands out grants to member states, bond giant PIMCO’s lead European sovereign credit analyst said on Wednesday. “Over time, you could have a programme where there’s actually EU grants. I think it’s …
Joint EU borrowing with grants for defence eventually likely – PIMCO Read More »
By Waylon Cunningham (Reuters) – A new partnership between Domino’s and DoorDash means that uniformed Domino’s drivers will deliver pizzas ordered through the DoorDash app, the pizza company said Wednesday. Neither company disclosed the terms of the tie-up. Being listed on the DoorDash app means it will be easier for Domino’s to reach new customers …
Domino’s partners with DoorDash in US stores to lure customers Read More »
PARIS (Reuters) – France expects tariffs to be announced later on Wednesday from U.S President Donald Trump on French and European products to be in the range of 20-25%, leading to “major economic disorder”, said government spokeswoman Sophie Primas on Wednesday. “They risk being pretty powerful. People are speaking of tariffs between 20 and 25 …
France says Trump tariffs could be in 20-25 pct range, causing major disorder Read More »
FRANKFURT (Reuters) – Eastern German gas company VNG, majority-owned by utility EnBW, said on Wednesday it will start test operations at a 30 megawatts (MW) electrolysis plant in the third quarter of 2025 as the basis of a new green hydrogen value chain. VNG intensified a green gases strategy, along with alternative gas procurements, to …
VNG to start test operations of 30-MW electrolyser in Q3, 2025 Read More »
