By Yoruk Bahceli and Marc Jones LONDON (Reuters) – The European Central Bank will have a discussion at some point in the future about whether it can play a role in the bloc’s plans to ramp up defence spending, policymaker Robert Holzmann said on Thursday. The European Union is planning a joint push to raise …
ECB to discuss defence spending support in the future, Holzmann says Read More »
By Valerie Volcovici WASHINGTON (Reuters) – U.S. liquefied natural gas exporters, seeking to meet standards of overseas import markets, plan to continue to monitor and curb their methane emissions despite President Donald Trump’s plans to roll back climate regulations, two trade groups told Reuters. The Environmental Protection Agency last week announced the “most consequential day …
US LNG exporters stick with methane measures despite EPA rollbacks Read More »
STOCKHOLM (Reuters) -Swedish mining group Boliden plans a directed share issue of around 3.75 billion crowns ($370 million) to finance its previously announced acquisition of two mines, it said on Thursday. Boliden said in a statement it planned to carry out the share issue through accelerated bookbuilding targeting Swedish and international institutional investors. It intends …
Swedish miner Boliden plans $370 million share issue to finance acquisition Read More »
By Philip Blenkinsop BRUSSELS (Reuters) -The European Union has delayed its first counter-measures against the United States over President Donald Trump’s metals tariffs until mid-April, allowing it to re-think which U.S. goods to hit and offering extra weeks for negotiations. The European Commission had proposed re-imposing 2018 tariffs on 4.5 billion euros ($4.9 billion) of …
EU delays first tariffs against U.S. to mid-April Read More »
MADRID (Reuters) – The chairman of Spain’s Sabadell, Josep Oliu, said on Thursday BBVA would have to present a “very different” value proposal to offset all the risks and difficulties the hostile takeover bid from Sabadell’s larger rival represents. Oliu has previously urged the government, which opposes the deal due to the potential impact on …
By Tom Sims and Alexander Hübner FRANKFURT (Reuters) -Munich Re is buying the 71% of Next Insurance that it doesn’t already own, strengthening its foothold in the United States and valuing the California-based company at $2.6 billion, a division of the German company said on Thursday. Ergo, the primary insurance business of reinsurer Munich Re, …
Germany’s Munich Re to buy $2.6 billion Next Insurance Read More »
(Reuters) – Unilever said on Thursday it will sell its plant-based meat brand The Vegetarian Butcher to Netherlands-based Vivera. The London-listed company did not disclose financial terms of the deal. (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Shounak Dasgupta)
LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Thursday that the central bank would have be careful about cutting interest rates because the fall in inflation pressures has been very gradual. “We have to be quite careful at this point in how we calibrate our response because we’re still seeing a very …
Bank of England must be careful as inflation pressure is falling slowly, Bailey says Read More »
LISBON (Reuters) – Portuguese food retailer Jeronimo Martins hopes to increase its sales by nearly 50% to 50 billion euros a year by the end of the decade, its CEO said on Thursday, without revealing any details. Speaking at a news conference after the company posted a 9.3% increase in 2024 sales to 33.5 billion …
Jeronimo Martins eyes 50% sales increase by 2030 Read More »
By Sybille de La Hamaide and Pavel Polityuk PARIS/KYIV (Reuters) -The European Commission is looking to cut Ukrainian sugar imports sharply after EU producers complained that large shipments have fuelled a collapse in sugar prices, three sources told Reuters. Sugar imports from Ukraine are part of a larger dilemma the EU has faced in the …
EU eyes sharp cut to Ukrainian sugar imports after price slump, sources say Read More »
