MADRID (Reuters) – Spanish Energy Minister Sara Aagesen said on Thursday she did not see any risk in Europe’s growing reliance on liquefied natural gas from the United States amid threats by President Donald Trump to escalate a wider global trade war. Imports of U.S. gas have grown substantially, she said, though the U.S. business …
Spain sees no risk in rising reliance on U.S. liquefied gas Read More »
By Ahmad Ghaddar LONDON (Reuters) – OPEC+ has exported a record amount of refined products, blunting the impact of the group’s crude output curbs, as members including Saudi Arabia, seek to boost their revenues and market share, according to industry data and analysts. Supply targets agreed by the OPEC+ grouping of the Organization of the …
Analysis-Record OPEC+ fuel exports blunt group’s crude supply cut Read More »
By Paolo Laudani and Ozan Ergenay (Reuters) -Shares in European truck makers fell on Thursday after the U.S. Environmental Protection Agency (EPA) said it would move to reverse the Biden administration’s vehicle emissions rules. European truck makers’ sales slowed last year from a record 2023. However, analysts said fleet firms had been expected to “pre-buy” …
European truck shares fall on US electric vehicle rule reversal Read More »
BERLIN (Reuters) – State-owned Uniper, which was bailed out during Europe’s energy crisis, said on Thursday that it has repaid the German government around 2.6 billion euros ($2.7 billion). (Writing by Miranda Murray, Editing by Friederike Heine)
By Aby Jose Koilparambil (Reuters) -Global real estate company Savills on Thursday said that efforts to get employees back into offices would boost transaction volumes in 2025, after annual profit only just topped expectations. Its shares fell as much as 5.3% to a more than one-year low of 909 pence, adding to a 4.3% drop …
UK’s Savills expects return-to-office real estate boost Read More »
(Reuters) -Softer U.S. labor market conditions against the backdrop of trade-policy uncertainty have prompted Barclays to raise its expectations to two rate cuts by the Federal Reserve for the year from one. The brokerage is expecting two quarter-point rate cuts in June and September, it said on Thursday. It had earlier projected one 25-basis point …
GDANSK (Reuters) -Poland’s largest bank PKO BP would like to end the “Swiss franc saga” this year, a senior bank official said on Thursday, referring to years of provisions to cover possible compensation payments for customers who took out costly mortgages in the currency. In 2024, the bank took out 4.9 billion zlotys in provisions …
Poland’s PKO BP would like to close ‘Swiss franc saga’ in 2025 Read More »
HELSINKI (Reuters) – Finland’s government said on Thursday it has nominated Bank of Finland Governor Olli Rehn for a second seven-year term, paving the way for a final decision by the Nordic country’s president. Governor since 2018, Rehn was considered a favourite among the eight applicants for the top job and will begin his second …
Finnish government nominates Bank of Finland chief for new term Read More »
(Reuters) – Spanish construction giant Ferrovial agreed on Thursday to buy a 5.06% stake in motorway 407 ETR in Canada for C$2.09 billion ($1.45 billion) from Canadian rival AtkinsRealis. Ferrovial is set to increase its stake in the motorwa to 48.29% after the deal, the company said in a filing to the Spanish stock market …
Ferrovial raises stake in Canadian motorway in $1.45 billion deal Read More »
LONDON (Reuters) -The UK government is no longer the largest shareholder in NatWest after it sold a further 89 million shares in the bank on Thursday, slipping down the lender’s investor register for the first time since its crisis-era bailout. The government stake, which was once as large as 84%, now stands at 4.82%. According …
Britain no longer largest investor in NatWest after fresh share sale Read More »
