By Andrey Sychev (Reuters) – A LinkedIn post by the CEO of German asset manager DWS warning against growing “anti-woke” rhetoric has sparked a wave of support from other executives ahead of a national election next month. “I am worried that the anti-woke rhetoric will lead us straight back to the macho ‘Wolf of Wall …
German executives rally behind warning against ‘Wolf of Wall Street’ machismo Read More »
MILAN (Reuters) – Recordati and its top shareholder CVC Capital Partners on Friday denied any plans to combine the Italian drugmaker with smaller rival Angelini Pharma. “CVC Capital Partners… is not contemplating a transaction with Angelini Pharma or its shareholders,” CVC said in a joint statement with Recordati. The private equity firm and the drugmaker …
Recordati and its top investor say no plans for deal with Angelini Read More »
By Andrea Shalal and Suban Abdulla WASHINGTON/LONDON (Reuters) -Britain is set to have the fastest growth among major European economies this year, according to the International Monetary Fund, a boost to finance minister Rachel Reeves who is under pressure over a slowdown since her party came to power in July. The IMF on Friday raised …
UK to have third-strongest G7 growth in 2025, IMF forecasts Read More »
By Carolyn Cohn LONDON (Reuters) – Reinsurers, including Swiss Re, have become more willing to provide cover for the Middle East in the industry’s January policy renewal season, removing a clause which allowed them to pull out if the Gaza conflict escalated, industry sources told Reuters. The removal of the restrictive property reinsurance clause predates …
Reinsurers drop some Middle East restrictions, sources say Read More »
By Marine Strauss and Philip Blenkinsop BRUSSELS (Reuters) -The European Commission said on Friday it was stepping up its investigation into whether Elon Musk’s social media network X breached EU rules on content moderation with requests for information and an order for it to retain relevant documents. The Commission, which started its investigation against X …
EU steps up probe into Musk’s X, days ahead of Trump inauguration Read More »
By Sergio Goncalves LISBON (Reuters) – Portugal’s government on Friday asked Portuguese airports operator ANA, owned by France’s Vinci, to present a formal proposal to build and operate a new international airport in the Lisbon district at no cost to the state. The government approved in May the construction of the new airport in the …
Portugal asks Vinci’s ANA to present proposal for new airport Read More »
BERLIN (Reuters) – Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company’s CEO told Spiegel magazine in comments published on Friday. “For example, we are thinking about sharing modules and bundling purchasing volumes,” Oliver Blume said. “The Volkswagen group offers great opportunities for a small brand like …
Volkswagen looking to deepen partnership with U.S. EV maker Rivian, Spiegel reports Read More »
LONDON (Reuters) – Britain’s finance minister Rachel Reeves said she was tuning out her critics and would continue making difficult decisions in an effort to grow the economy, speaking after a bruising week in which opponents called for her to quit. Concerns about Britain’s slow economy contributed to a surge in its government borrowing costs, …
UK finance minister Reeves vows to keep taking difficult decisions Read More »
By Michael Holden and Sam Tobin LONDON (Reuters) – Prince Harry’s lawsuit against Rupert Murdoch’s British newspaper group officially begins at the High Court in London on Tuesday, with King Charles’ younger son set to appear as a witness himself at the trial next month. Harry is suing News Group Newspapers over alleged unlawful activities …
Prince Harry set for court battle with Murdoch papers Read More »
FRANKFURT (Reuters) – The European Central Bank is not yet done lowering interest rates, but the timing and size of any future policy easing is not yet certain, Dutch newspaper Het Financieele Dagblad quoted ECB board member Frank Elderson as saying on Friday. “If we lower the interest rate too quickly, dialling down services inflation …
ECB’s Elderson: we are not yet done easing policy Read More »
