By Balazs Koranyi FRANKFURT (Reuters) -Donald Trump’s victory in the race to become the next U.S. president will have economic consequences for the rest of the world that are likely to be deep and quite immediate. If Trump enacts just a fraction of his pledges – from higher trade tariffs to deregulation, more oil drilling …
Trump victory to reverberate through global economy Read More »
MADRID (Reuters) – The European Investment Bank on Wednesday announced a 900-million-euro financial aid package to help Spain’s recovery and reconstruction efforts after last week’s deadly flash floods that hit the eastern region of Valencia particularly hard. The bank said in a statement it also stood ready to come up with additional measures if required …
European Investment Bank to give 900 million euros to flood-hit Spain Read More »
By Florence Loeve, Amy-Jo Crowley and Mathieu Rosemain PARIS/LONDON (Reuters) – Worldline has appointed banking advisers to sell its Mobility and e-Transactional Services (MTS) business, five people familiar with the matter said, as the company looks to rebuild investor confidence with its shares near record lows. The plan to offload MTS, known internally as “project …
Worldline enlists bankers to sell its Mobility division, sources say Read More »
By Nina Chestney, Julian Luk and Karl Plume LONDON/CHICAGO (Reuters) -Metals bore the brunt of global commodity price losses after a U.S. election win by Donald Trump on Wednesday, while oil, gas and agricultural commodity prices recouped some losses. Trump recaptured the White House by securing more than the 270 Electoral College votes needed to …
Metals sell off after US election Trump win while oil, agriculture recoup some losses Read More »
By Francesca Landini MILAN (Reuters) -Italy’s biggest utility Enel said on Wednesday its nine-month core profit rose 6.5% year on year, on the back of strong renewable power production, which more than compensated a fall in retail energy prices in its home country. Earnings before interest, taxes, depreciation and amortisation (EBITDA) excluding extraordinary items came …
Enel posts 6.5% rise in 9-mth core profit on renewable power growth Read More »
PARIS (Reuters) – The election of Donald Trump as the next U.S. president means there will be more downside risks to the global economy, ECB policymaker and French central bank head Francois Villeroy de Galhau said on Wednesday. “The American election must sound a wakeup call for Europe”, he said, speaking at a business conference …
ECB’s Villeroy: Trump election means more risks for world economy Read More »
(Reuters) – Safran has appointed Stephane Cueille as CEO of its Aircraft Engines unit, replacing Jean-Paul Alary effective in the first few months of 2025, the French jet engine maker said on Wednesday. Cueille will remain as CEO of Safran Electrical & Power until Jan. 1, 2025, the company said in a statement. He will …
Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units Read More »
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are investigating whether the fees charged by Visa and Mastercard have a negative impact on retailers, an EU document seen by Reuters showed. The European Commission, which enforces EU competition rules, sent questionnaires about both Visa and Mastercard to retailers and payment service providers in …
By Nick Carey and Christoph Steitz LONDON/FRANKFURT (Reuters) -BMW on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations because of slumping China sales and brake problems and sending its shares to their lowest level in more than 2-1/2 years. Shares in the premium carmaker and its German rivals Volkswagen, Mercedes-Benz and …
BMW quarterly profit misses expectations due to weak China sales, brake issues Read More »
By Leo Marchandon and Mara Vilcu (Reuters) -Teleperformance reported a 3% rise in third-quarter revenue on a pro forma basis on Wednesday, driven by demand for its services across verticals, including banking and financial, automotive, and technology. Last year, Teleperformance bought rival Majorel for 3 billion euros, aiming to incorporate the Dutch group’s investments in …
Teleperformance posts 3% rise in Q3 revenue on strength across sectors Read More »
