WARSAW (Reuters) – Polish lawmakers will submit a motion on Tuesday to bring the central bank governor before the State Tribunal, setting in train an unprecedented process that could result in him being removed from his post. The move is part of a broader drive by the coalition government of Donald Tusk, a former European …
Polish lawmakers to submit motion to bring central bank chief before tribunal Read More »
(Reuters) – European shares opened marginally lower on Tuesday, pulled down by miners and as investors gauged mixed messages from U.S. Federal Reserve policymakers that clouded the outlook for easing monetary policy conditions. The pan-European STOXX 600 edged 0.1% lower, as of 0821 GMT. The benchmark index was on course for its second quarterly gain, …
European shares tread water as investors assess Fed rate path Read More »
By Padraic Halpin DUBLIN (Reuters) -Flutter, the world’s largest online betting company, said on Tuesday it expects to increase its core profit by around 30% this year thanks to a four-fold rise at its fast-growing and market leading U.S. brand Fanduel. Analysts at Jefferies said Flutter’s forecast for 2024 was broadly as expected. Shares in …
Flutter forecasts 30% earnings jump in 2024 as US takes off Read More »
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Klaus Lauer LONDON/BERLIN (Reuters) – Axel Springer is exploring a sale of popular German finance site and trading platform finanzen.net, two sources familiar with the matter told Reuters. The media group, advised by investment bank Houlihan Lokey, has invited bidders to submit indicative offers for the unit in …
Axel Springer seeks buyers for German finance portal finanzen.net, sources say Read More »
(Reuters) – Iron ore pellet producer Ferrexpo said a court has prohibited the transfer of ownership and other shares-related corporate rights of the company’s subsidiaries in Ukraine. “It is understood that the restrictions are part of an ongoing series of legal proceedings against Kostyantin Zhevago relating to Bank Finance & Credit and are not related …
Ferrexpo hit with corporate rights restrictions for Ukraine subsidiaries Read More »
(Reuters) – Spain’s gross domestic product expanded 0.6% in the fourth quarter from the previous quarter, final data from the National Statistics Institute (INE) showed on Tuesday, confirming a preliminary report released in January. Analysts polled by Reuters had also expected a quarter-on-quarter growth of 0.6%. Spain’s fourth-quarter economic output grew 2.0% compared to the …
Spain’s Q4 GDP expanded 0.6% from previous quarter – final data Read More »
By James Davey LONDON (Reuters) – UK grocery price inflation eased this month to its lowest level since February 2022, but nearly a quarter of British households still identify themselves as struggling financially, industry data showed on Tuesday. Market researcher Kantar said annual grocery price inflation was 4.5% in the four weeks to March 17, …
British grocery price inflation slows to 4.5%, Kantar says Read More »
(Reuters) -Smiths Group named insider Roland Carter as its new CEO on Tuesday effective immediately as the British engineering company reported higher half-year profit and announced 100 million pounds ($126.49 million) of new share buybacks. Carter, 57, most recently led the FTSE 100 company’s unit that makes security screening systems, Smiths Detection. He has notably …
UK engineer Smiths appoints new CEO as half-year profit climbs on strong orders Read More »
By Akash Sriram and Zaheer Kachwala (Reuters) -Cash-strapped Fisker’s talks with a large automaker for a potential deal have collapsed and the New York Stock Exchange plans to delist the electric-vehicle startup’s shares due to “abnormally low” price levels. The NYSE has also suspended trading in the stock, it said on Monday, hours after trading …
Fisker deal talks with big automaker collapse, NYSE to delist stock Read More »
MADRID (Reuters) – Spain’s High Court on Monday suspended its own order that was set to block messaging app Telegram’s services in the country as it awaits a police report on the impact the temporary ban would have on users. On Friday, Judge Santiago Pedraz had agreed to suspend Telegram’s services in Spain while investigating …
Spanish court suspends order blocking Telegram pending police report Read More »
