VIENNA (Reuters) – The European Central Bank could lower its key interest rate before the U.S. Federal Reserve, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday. “Europe could cut interest rates before the U.S.,” Holzmann told Austrian newspaper Kronen Zeitung, noting that the European economy was growing more slowly than its …
Europe could lower rates ahead of Fed, ECB’s Holzmann says Read More »
ROME (Reuters) – Activist investor fund Bluebell, as well as minority shareholder Merlyn, have presented rival slates of candidates for the renewal of the board of Telecom Italia (TIM) , the Italian phone group said on Saturday. Shareholders are due to vote on the lists on April 23. Current CEO Pietro Labriola is looking for …
Merlyn, Bluebell present rival lists for Telecom Italia board, TIM says Read More »
By Alexander Cornwell and Maha El Dahan DUBAI (Reuters) – The United Arab Emirates has approached European nations including Britain to gauge their interest in the Middle Eastern state investing in their nuclear power infrastructure, according to three sources familiar with the talks. As part of its outreach, the UAE has discussed the idea of …
UAE signals interest in European nuclear energy investments, sources say Read More »
(Reuters) – Primary oil refining capacity in Russia knocked out by Ukrainian drone attacks has reached 14% of total, according to Reuters calculations. Which refineries have been targeted, what damage have they sustained and what do they produce? KUIBYSHEV Regional Governor Dmitry Azarov said a fire broke out at the Kuibyshev refinery after a Ukrainian …
Factbox-Russian refineries targeted by Ukraine’s drones Read More »
(Reuters) -Keysight Technologies outbid rival Viavi Solutions to buy Spirent Communications for about 1.16 billion pounds ($1.46 billion) on Thursday, winning a battle over the UK telecoms testing firm’s expertise in automation. Shares in London-listed Spirent were up 10.6% to 198.0 pence as of 0957 GMT. Electronic equipment maker Keysight offered 201.5 pence per share, …
Keysight outbids rival Viavi to buy UK’s Spirent for $1.5 billion Read More »
(Reuters) – HSBC Holdings said it completed the C$13.5 billion ($9.96 billion) sale of its Canadian unit, HSBC Bank Canada, to Royal Bank of Canada (RBC) on Thursday. The transaction will result in the recognition of an estimated gain of $4.9 billion in the first quarter of 2024, HSBC said in a statement on Friday. …
(Reuters) – British investment fund Attestor Ltd. has granted Signa’s Prime unit a loan of up to 100 million euros ($108 million) to boost the liquidity of the insolvent Austrian property company, restructuring administrator Norbert Abel said on Friday. “This allows the company’s liquidity to be stabilised considerably with the aim of salvaging the assets …
Austria’s Signa gets 100 million euro loan from Attestor Read More »
By Olesya Astakhova MOSCOW (Reuters) – There is no need for Russia to ban exports of diesel to tackle rising prices and possible shortages of the fuel after drone attacks reduced refining capacity, Deputy Prime Minister Alexander Novak said on Friday. Speaking to reporters, Novak also said, without elaborating, that the Novatek-led Arctic LNG 2 …
Russia’s Novak says there’s no need for diesel export ban Read More »
SANDOUVILLE, France (Reuters) – French car maker Renault plans to invest 300 million euros ($323.25 million) in its assembly plant located in Sandouville in northern France to make new-generation electric vans from 2026. The company will add 550 staff to its 1,850 payroll at the plant over the next four years, it said in a …
ATHENS (Reuters) – Greece will raise its monthly minimum gross wage by 6.4% to 830 euros, the conservative government said on Friday, the fourth such increase in five years aimed at easing the burden on households squeezed by a higher cost of living. The increase, which was widely expected, will benefit hundreds of thousand of …
Greece to raise monthly minimum wage by 6.4% to 830 euros Read More »
