By Nikhil Sharma and Pranav Kashyap (Reuters) -European shares rose on Tuesday, buoyed by gains in the healthcare and luxury sectors, but the uptick was tempered by lingering uncertainties over U.S. President Donald Trump’s proposed tariff measures following his inauguration. The pan-European STOXX 600 closed up 0.4% at 525.98 points – its highest level in …
Healthcare, luxury stocks boost STOXX 600 to three-month high Read More »
(Reuters) -The main UK stock indexes rose on Tuesday, with a weaker sterling helping keep the FTSE 100 near all-time highs, while upbeat earnings from companies including Abrdn and Premier Foods boosted the midcap index. The blue-chip FTSE 100 closed up 0.3%, trading just below its intraday record high of 8548.59 points touched on Monday. …
By Jan Strupczewski BRUSSELS (Reuters) -The European Commission wants to dissuade innovative start-up firms from moving to the U.S. to grow by creating rules that would allow them to easily operate across the 27-nation European Union, the head of the Commission said on Tuesday. In a speech at the Davos economic forum in Switzerland, Ursula …
Commission wants pan-EU rules for innovative firms to leverage EU single market Read More »
By Divya Chowdhury, Jesus Calero and Mateusz Rabiega DAVOS, Switzerland (Reuters) – Norwegian industrial software firm Cognite plans to shift its headquarters to the U.S. this year to access faster-growing markets in North America, Asia, and the Middle East, its co-founder John Markus Lervik told Reuters on Tuesday. Lervik told the Reuters Global Markets Forum …
Norway’s Cognite shifts HQ to U.S., co-founder says at Davos Read More »
NEW YORK (Reuters) – Norway’s sovereign wealth fund, one of Air Products and Chemicals’ 10 biggest investors, said it will vote for all four of activist investor Mantle Ridge’s director candidates to join the industrial gases company’s board. Norges Bank Investment Management said on its website that it will back all dissident nominees and vote …
Norges Bank votes for activist’s four candidates in Air Products board fight Read More »
LISBON (Reuters) – Europe should establish and strengthen dialogue with the new U.S. administration to avoid an escalation of tariffs that would harm consumers, especially the least wealthy, Portugal’s finance minister said on Tuesday. President Donald Trump, who took office on Monday, did not immediately implement the wide range of tariffs he had promised, but …
Portugal calls for deeper EU-US dialogue to avoid harmful tariffs Read More »
BERLIN (Reuters) – Two contractors died after a gas cylinder exploded on the premises of Bosch, the world’s largest car parts supplier, German police and the company said on Tuesday. Police in the southwestern German city of Reutlingen said a gas cylinder had started leaking silane gas outdoors at about 0700 GMT on Tuesday when …
Two contractors dead in Germany after gas cylinder explosion at Bosch site Read More »
BUCHAREST (Reuters) – EU finance ministers approved Romania’s deficit-cutting plan on Tuesday to bring its fiscal deficit below 3% of national output by 2030, a move Bucharest hopes will help reassure investors about its economic outlook and tame surging bond yields. Romania has been under the EU’s excessive deficit procedure since 2020, meaning it must …
EU approves Romania’s seven-year deficit reduction plan Read More »
(Reuters) – Standard Chartered has named Sal Vitale as managing director and head of coverage for the U.S. and the Americas, the bank said on Tuesday. Vitale brings almost 25 years of corporate and investment banking experience, having previously served as managing director and head of U.S. corporate coverage at Deutsche Bank. He spent over …
Standard Chartered names Sal Vitale as US coverage head Read More »
(Reuters) – French speciality chemicals group Arkema plans to cut 154 positions at its Jarrie site after deciding to halt some of its production there, it said on Tuesday. The chlorine, soda, methyl chloride and technical fluids production activities will be shut down after the interruption to salt deliveries by Vencorex, Arkema said. “The lack …
French chemicals group Arkema to cut 154 jobs at Jarrie site Read More »
