(Reuters) – EU leaders will give their political support on April 18 to creating a long-delayed European Capital Markets Union (CMU), which they hope will attract private capital and help fund the region transition to a “green” and digital economy. Below are the issues that finances ministers for the 27-nation European Union said in March …
Factbox-What the EU will focus on to create Capital Markets Union Read More »
By Ozan Ergenay and Johann M Cherian (Reuters) -European shares inched up on Monday, with caution around Middle East tensions at the fore, while Temenos was on course for its best day in more than 15 years after saying Hindenburg Research’s allegations were found to be incorrect. The pan-European STOXX 600 gained 0.3% as of …
European stocks edge up amid geopolitical tensions; Temenos soars Read More »
By Pablo Mayo Cerqueiro and Anousha Sakoui LONDON (Reuters) -CVC Capital Partners said on Monday it planned to list its shares on Euronext Amsterdam, in one of the most highly anticipated initial public offerings in Europe this year. The company and its backers aim to raise at least 1.25 billion euros ($1.33 billion) through the …
CVC unveils plan for $1.3 billion private equity IPO Read More »
By Karol Badohal and Marek Strzelecki WARSAW (Reuters) – With a little more than two years left to spend European Union recovery money, Poland is focusing firmly on making the most of the smaller grants leg of the programme, while treating cheap loans as a fallback component, a senior official told Reuters. After years of …
Exclusive-Poland focusing on EU recovery grants, law change to ramp up investments Read More »
(Reuters) -British fund manager Ashmore’s shares slid by 2.4% on Monday after it reported a drop in assets under management owing to choppy risk appetite and mixed results from emerging markets. The company reported outflows of $2 billion in its financial third quarter to March 31, reducing assets under management to $51.9 billion from $54 …
Asset manager Ashmore’s share fall on worse than expected outflows Read More »
By Yadarisa Shabong and Prerna Bedi (Reuters) -Staffing company PageGroup reported a nearly 13% drop in first-quarter group gross profit reflecting slow hiring in major markets such as France and Germany on Monday and said job flows deteriorated toward the end of the quarter. Shares in the company, which operates in 37 countries, fell more …
PageGroup’s quarterly profit slumps as hiring slows in Europe Read More »
BUDAPEST (Reuters) – Hungary’s government will consider whether to enforce lower fuel prices after a review by the Central Statistics Office (KSH) of regional average price levels, Economy Minister Marton Nagy told business daily Vilaggazdasag. Nagy last week put pressure on fuel suppliers to cut petrol station prices closer to the central European average as …
Hungary to consider fuel price intervention, says economy minister Read More »
(Reuters) – British automotive distributor Inchcape said on Monday it had agreed to sell its UK retail operations to Group 1 Automotive UK for 346 million pounds ($431.43 million) in cash, following a strategic review it kicked off earlier this year. The company, which exports cars for global manufacturers across 40 countries, said it would …
Auto distributor Inchcape to sell UK retail business for $431 million Read More »
(Reuters) -Iran warned Israel and the United States on Sunday of a “much larger response” if there is any retaliation for its mass drone and missile attack on Israeli territory on Saturday, as Israel said “the campaign is not over yet”. Iran launched explosive drones and missiles at Israel in retaliation for a suspected Israeli …
Likely market reaction after Iran attacks Israel Read More »
LONDON (Reuters) – CME Group has suspended from its platform aluminium produced in Russia from April 13, the exchange said on Sunday, after the United States and Britain imposed new sanctions on Moscow for its invasion of Ukraine. The U.S. Treasury Department and the British government on Friday banned the 147-year old LME and the …
CME bans Russian-origin aluminium after U.S., UK impose new sanctions Read More »
