By Gianluca Lo Nostro, Florence Loeve and Paul Sandle GDANSK/PARIS/LONDON (Reuters) – Vivendi management and bosses of some of its newly spun out companies – Canal+, Havas and Louis Hachette Group – need to lay out more clearly their strategies to convince investors the break-up was worth it, analysts and investors said. The spin-offs in …
BRUSSELS (Reuters) – Nine out of 10 U.S. firms operating in Europe believe transatlantic economic relations will worsen in coming years, with the expected policies of incoming U.S. President Donald Trump such as tariffs the chief cause, according to a survey published on Monday. The American Chamber of Commerce to the European Union (AmCham EU), …
US firms in Europe fear worsening relations as Trump arrives Read More »
(Reuters) – Britain’s Aegis Energy has secured a 100 million pound ($122 million) investment from private equity firm Quinbrook Infrastructure Partners to build five multi-energy filling stations for commercial vehicles, the startup said on Monday. Seeking to cut emissions, but also facing slower than expected take-up of EVs due in part to limited charging infrastructure …
British startup gets $122 million funding for green charging stations Read More »
By Sudip Kar-Gupta BRUSSELS (Reuters) – Demand for a leading defence sector exchange-traded fund (ETF) has been growing ahead of the return of Donald Trump to the White House, said investment company and ETF issuer VanEck. The European arm of the New York-headquartered company launched its VanEck Defense UCITS ETF in March 2023. It rose …
Asset manager VanEck expects growth in defence sector as Trump returns Read More »
By Nell Mackenzie LONDON (Reuters) – Hedge funds have charged their investors $1.8 trillion in fees from 1969 to the end of December 2024, according to data from hedge fund investor LCH Investments on Monday. Over the past 55 years, hedge funds have kept roughly half of the money they make from trading profits, according …
Hedge funds have charged almost $2 trillion in fees since 1969, says LCH Read More »
MADRID (Reuters) – Spanish defence and technology company Indra on Sunday said it has appointed Angel Escribano as its new chairman, after former chairman Marc Murtra accepted telecom giant Telefonica’s offer to become chief executive. Indra held an extraordinary board meeting to replace Murtra, who was appointed CEO of Telefonica on Saturday, replacing Jose Maria …
Spain’s Indra appoints Angel Escribano as new chairman Read More »
PARIS (Reuters) – French champagne shipments fell by nearly 10% last year as economic and political uncertainties hit consumers’ appetite for the sparkling wine in key markets such as France and the United States, the producers association said. Producers had called in July for a cut in the number of grapes harvested this year after …
Champagne shipments hit by gloomy consumer mood in 2024, producers say Read More »
By Inti Landauro and Andres Gonzalez MADRID (Reuters) – Spanish telecom giant Telefonica’s board agreed on Saturday to appoint defence company Indra’s chairman Marc Murtra as its new CEO, replacing Chief Executive Jose Maria Alvarez-Pallete following a request from state-owned fund SEPI. Telefonica’s board held an extraordinary meeting on Saturday to decide to terminate Alvarez-Pallete’s …
Telefonica replaces CEO Alvarez-Pallete with Indra’s chairman Read More »
MADRID (Reuters) – Spanish telecom giant Telefonica’s board agreed on Saturday to terminate Chief Executive Jose Maria Alvarez-Pallete’s contract and appoint Indra’s chairman Marc Murtra to replace him, the company said in a filing to the stock market regulator. (Reporting by Inti Landauro, editing by Aislinn Laing)
(Reuters) – Commerzbank is exploring cutting thousands of jobs as it seeks to fend off an unwanted approach from Italy’s UniCredit, the Financial Times reported on Saturday, citing people familiar with the matter. The plans that are not yet finalised, were expected to be unveiled to the workers’ council over the coming weeks, the report …
Commerzbank explores thousands of job cuts after approach from UniCredit, FT reports Read More »
