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Virgin Atlantic flags slowdown in US to UK travel in recent weeks

By Sarah Young LONDON (Reuters) – Virgin Atlantic, majority owned by Richard Branson, said on Monday demand for travel from the U.S. to Britain had slowed, echoing a warning from its part-owner Delta Air Lines over the impact of U.S. economic uncertainty. Delta slashed its first-quarter profit estimates on March 10, citing weakening lower U.S. …

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Apple hit with $162 million French antitrust fine over privacy tool

By Florence Loeve and Foo Yun Chee PARIS (Reuters) -Apple was hit with a 150 million euro ($162.4 million) fine by French antitrust regulators on Monday for abusing its dominant position in mobile app advertising on its devices via a privacy control tool. The fine – the first by any antitrust regulator over Apple’s App …

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European shares fall, record monthly losses as Trump touts sweeping tariffs

By Medha Singh and Sukriti Gupta (Reuters) -European shares fell to their lowest close in two months on Monday, as cautious investors fled risky bets after U.S. President Donald Trump said tariffs would hit all countries, fuelling fears of a global economic slowdown. The pan-European STOXX 600 index fell 1.5%, extending losses to a fourth …

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Icade appoints Bruno Valetin as new CFO

(Reuters) – French real estate company Icade appointed Bruno Valetin as its new chief financial officer from April 7, 2025. Valetin who launched his own consultancy firm in 2024 assisting companies in the real estate industry will replace Christelle De Robillard, who was appointed director of finance, development and strategy of the ADP group. (Reporting …

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Ceva Animal Health hits $10 billion valuation, eyes IPO

By Sybille de La Hamaide PARIS (Reuters) -France’s Ceva Animal Health has raised 5.5 billion euros ($5.95 billion) in equity, boosting its valuation to 9.2 billion euros, as shareholders including the billionaire Bettencourt-Meyers family increased their stake, its chief executive said on Monday. Ceva, fifth-ranked in animal health worldwide by revenue, is known for its …

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Allianz scraps nuclear, military exclusions to back Europe’s rearmament drive

By Iain Withers LONDON (Reuters) – Germany’s Allianz Global Investors has dropped two exclusions blocking its sustainable funds from investing in defence, becoming one of the first major European asset managers to change their policies to help finance the region’s rearmament. AGI wrote to its clients late last week to advise that its sustainable funds …

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Germany’s DHL to acquire US pharma logistics firm Cryopdp

DUSSELDORF, Germany (Reuters) -DHL said on Monday it will acquire U.S. pharmaceutical logistics firm Cryopdp as part of the German company’s efforts to grow its operations in the pharma sector, confirming an earlier report by Reuters. DHL did not disclose a purchase price for the deal, which foresees the German logistics giant buying 100% of …

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Repsol in talks with Washington seeking ways to keep working in Venezuela

MADRID (Reuters) -Spain’s Repsol is in an “open and fluid dialogue” with U.S. authorities as it explores ways to keep operating in Venezuela after Washington moved to revoke its license to export oil from the country, CEO Josu Jon Imaz said on Monday. Like other foreign firms operating in Venezuela, Repsol has been notified that …

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‘Pissed off’ at Putin, Trump threatens tariffs on Russian oil if Moscow blocks Ukraine deal

By Andrea Shalal ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Sunday he was “pissed off” at Russian President Vladimir Putin and will impose secondary tariffs of 25% to 50% on buyers of Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine. Trump told NBC …

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Soccer-Wrexham announce record turnover as Hollywood influence grows

(Reuters) – Wrexham reported record financial results for their first year back in the English Football League (EFL) in the latest chapter of the club’s success story with co-owners and Hollywood actors Ryan Reynolds and Rob McElhenney. Wrexham’s annual report released on Monday for 2023-24 showed revenue of 26.7 million pounds ($34.5 million), growth of …

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