(Removes reference to SoftBank in paragraph 13) By Shristi Achar A (Reuters) -European shares edged lower on Friday, a day after the European Central Bank eased borrowing costs as was widely expected, with the focus now shifting to the U.S. jobs data to gauge the Federal Reserve’s interest rate path. The continent-wide STOXX 600 was …
European shares muted as markets brace for US payrolls Read More »
By Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers warned on Friday that the final stage of pushing inflation down to 2% could be especially hard but said they were confident that policy was working as intended, while some even saw room to ease policy further in 2024. The ECB cut interest rates from …
By Sabine Siebold BERLIN (Reuters) – Germany is looking into buying eight additional F-35 fighter jets made by U.S. defence giant Lockheed Martin, a military source told Reuters on Friday, on top of the 35 jets it has ordered. Berlin is looking at the costs of such a purchase, the source said, with the stealthy …
Germany looking into buying eight additional F-35 jets, source says Read More »
By Tim Hepher PARIS (Reuters) – Airbus has started building a new A320neo-family assembly line in Toulouse to replace an older and less efficient facility and help speed up production from next year. The move will not lead to a net increase in the number of assembly lines but is part of plans to modernise …
Airbus builds new A320neo assembly line in historic hangar swap Read More »
By Pranav Kashyap (Reuters) -British equities edged lower on Friday as precious metal miners added to their losses, while investors looked ahead to a key U.S. jobs report due later in the day. The blue-chip FTSE 100 slipped 0.3% and was set to mark a fourth weekly loss, a streak last seen more than three …
British stocks drift lower ahead of US payrolls data Read More »
(Reuters) – GameStop’s shares surged more than 30% in premarket trading on Friday as investors geared up for the YouTube return of “Roaring Kitty”, the stock influencer whose recent social media posts have sparked a rally in so-called meme stocks. The video game retailer’s shares jumped 35% to $62.50 in heavy volume. “Roaring Kitty”, whose …
GameStop surges as ‘Roaring Kitty’ schedules YouTube return Read More »
By Jesús Aguado MADRID (Reuters) -National bank mergers have to come before cross-border deals, the vice-president of the European Central Bank Luis de Guindos said on Friday, without elaborating if the ECB would approve BBVA’s takeover bid for domestic rival Sabadell. Earlier this week, BBVA asked the ECB to authorise its more than 12 billion …
National bank mergers can pave way for cross-border deals, ECB’s De Guindos says Read More »
By Christoph Steitz BERLIN (Reuters) – Volkswagen’s EV charging unit Elli has partnered with Norway’s Otovo to offer Huawei equipment that lets customers connect their cars with solar and storage systems at home in order to cut power bills. The partnership marks the latest move by Volkswagen along the energy sector’s value chain, already covering …
Volkswagen charging unit teams up with Norway’s Otovo to broaden EV services Read More »
HAMBURG (Reuters) – The river Rhine in south Germany reopened to cargo shipping on Friday after being closed by high water since the weekend, navigation authorities said. Falling water levels after dryer weather this week mean Rhine river shipping has re-started around Maxau in south Germany, the German inland waterways navigation agency said. This means …
Rhine in south Germany reopens to shipping as water levels fall Read More »
By Aby Jose Koilparambil (Reuters) -British homebuilder Bellway raised its annual average selling price forecast on Friday and pointed to strong trading in the spring selling season as improved affordability lifted customer confidence. The upbeat trading update comes as sticky inflation in Britain has clouded the outlook for interest rate cuts, tempering expectation of a …
Bellway lifts house price outlook after strong spring season Read More »
