LONDON (Reuters) -Britain’s BBC said on Thursday it was looking into fresh allegations, published in The Telegraph newspaper, over the editing by another of its programmes of a speech by U.S. President Donald Trump. The British Broadcasting Corporation has been plunged into its biggest crisis in decades after two senior leaders resigned following accusations of …
BBC looking into allegations over another Trump speech edit Read More »
BERLIN (Reuters) -German insurer Allianz raised its full-year earnings guidance on Thursday, after reporting an increase in its nine-month operating profit. Barring unforeseen significant natural catastrophes or capital market events, Allianz said it was “most likely” that 2025 operating profit would be between 17 billion and 17.5 billion euros ($19.8-$20.4 billion). That compared with a …
Allianz ups 2025 profit guidance after strong nine-month performance Read More »
MILAN (Reuters) -Generali expects to exceed targets set under its 2027 plan after achieving double‑digit profit growth for the first nine months, the finance chief of Italy’s biggest insurer said on Thursday. In its first results since investors critical of CEO Philippe Donnet increased their influence at Generali, operating profit rose 10.1% to 5.9 billion …
Italy’s Generali confident of beating 2027 targets as profit surges Read More »
BERLIN (Reuters) -Germany’s budget committee approved on Thursday the defence budget and the economic plan for the Bundeswehr special fund for 2026, with a total volume of more than 108 billion euros ($125.95 billion), the defence ministry said. The defence budget includes five procurement projects worth around 3.85 billion euros, according to the defence ministry. …
German budget committee passes 2026 defence budget, defence ministry says Read More »
(Reuters) -London’s FTSE 100 closed lower on Thursday after a three-day run of record highs, weighed down by financial shares as investors assessed disappointing third-quarter economic growth data. The blue-chip index ended 1% down, marking its worst performance since April 9, when global markets were rattled by U.S. President Donald Trump’s tariff announcements. The mid-cap FTSE …
FTSE 100 snaps record run as financials drag, GDP data disappoints Read More »
By Kamal Choudhury and Mariam Sunny (Reuters) -Pfizer on Thursday closed its up to $10 billion acquisition of Metsera after winning shareholder approval, gaining a foothold in the fast-growing obesity market following a fierce bidding war with Novo Nordisk. The greenlight from Metsera’s shareholders paves the way for Pfizer to diversify beyond its shrinking COVID-19 …
Pfizer completes up to $10 billion acquisition of Metsera Read More »
LONDON (Reuters) -Apple was on Thursday refused permission to appeal against a London tribunal ruling that it abused its dominant position by charging app developers unfair commissions, though the tech giant can pursue an appeal to a higher court. The Competition Appeal Tribunal (CAT) ruled against Apple last month after a trial, finding Apple had …
Apple refused permission to appeal UK ruling on app store commissions Read More »
LONDON (Reuters) -The European Bank for Reconstruction and Development said on Thursday it is lending 22.3 million euros ($26.0 million) to a Ukrainian energy firm as part of a pipeline of deals, signalling its ongoing support for the sector despite a corruption scandal. The EBRD cash will go to private Ukrainian energy company Power One …
EBRD lends 22 million euros to Ukrainian power firm, more deals ahead Read More »
(Reuters) -French train maker Alstom on Thursday lifted its 2025 organic sales outlook, citing strong overall demand for its products. Alstom, which makes trains and signalling systems for urban and regional rail networks, now anticipates organic sales will rise above 5%, compared with its previous guidance of 3% to 5%. “Strong sales growth across all …
France’s Alstom hikes 2025 revenue outlook on strong demand Read More »
BERLIN (Reuters) -The European Central Bank’s Joachim Nagel said sitting on the governing council gives him and others the credentials required to succeed ECB President Christine Lagarde, in comments published by Germany’s Spiegel news magazine on Thursday. “In principle, any central banker on the ECB governing council should be eligible to succeed to the top …
ECB’s Nagel says he has credentials to succeed Lagarde Read More »
