ROME (Reuters) – Italy’s government will agree on a limited extension of costly “superbonus” subsidies for home improvements which Prime Minister Giorgia Meloni had previously blamed for wrecking public finances, a coalition party said on Thursday. The Forza Italia party, which pushed hard for the concession, said 110% tax credits would remain in place for …
Italy to partially extend costly ‘superbonus’ tax credits Read More »
WARSAW (Reuters) – Poland’s Monetary Policy Council (MPC) should keep interest rates stable until March, when new inflation projections and details of fiscal policy will be known, council member Ireneusz Dabrowski was quoted as saying by state-controlled news agency PAP on Thursday. The National Bank of Poland (NBP) kept interest rates stable in December – …
Polish central banker Dabrowski says MPC should keep rates stable until March -PAP Read More »
By Khushi Singh and Medha Singh (Reuters) -London shares ended little changed on Thursday, after mid-cap stocks eased from a 10-month high earlier in the session as an equities rally stalled in thin holiday trade. The domestically-focused FTSE 250 midcap index was flat after rising in the last two consecutive sessions. The blue-chip FTSE 100 …
By Shashwat Chauhan and Bansari Mayur Kamdar (Reuters) -European shares inched lower on Thursday as weakness in banking stocks and oil majors weighed, though the markets looked set for a strong finish to the year on expectations central banks could cut borrowing costs next year. The pan-European STOXX 600 slipped 0.1%. Heavyweight energy stocks eased …
European shares slip as energy, financials weigh ahead of year-end Read More »
HELSINKI (Reuters) – Finland’s Industrial Union said on Thursday it planned two days of labour strike action at Neste’s Porvoo oil refinery, likely shutting the plant’s production unless the government agrees to change its proposed labour market reforms. Finnish unions have protested in recent months against the right-wing government’s plan to favour local work agreements …
Workers threaten 2-day strike at Neste oil refinery in Finland Read More »
By Tom Sims and Alexander Hübner FRANKFURT (Reuters) -European property company Signa on Thursday said that two key divisions are filing for insolvency, a significant development in the unravelling of founder Rene Benko’s real estate empire. Signa Prime Selection filed for self-administrated restructuring in a Vienna court on Thursday, and Signa Development Selection will file …
Two key Signa divisions filing for insolvency in hit to real-estate empire Read More »
BERLIN (Reuters) – German authorities have reopened a criminal investigation into Martin Winterkorn, chairman of Volkswagen until he was toppled by the 2015 emissions-rigging scandal, over suspected market manipulation, a regional court said on Thursday. Criminal proceedings were resumed at the request of prosecutors, the court in the city of Braunschweig said in a statement. …
German court reopens market manipulation probe into former VW chief Read More »
(Reuters) – Spain’s defence systems maker Indra mulls buying a stake in satellite operator Hispasat, which is partly owned by state-controlled grid operator Redeia, Spanish economic newspaper Cinco Dias reported on Thursday citing unidentified market sources. Indra is evaluating raising 800 million euros ($888.80 million) from the disposal of its technology unit Minsait’s assets to …
Indra considers buying stake in satellite operator Hispasat – Cinco Dias Read More »
MOSCOW (Reuters) – The Russian rouble firmed against the U.S. dollar and euro on Thursday, receiving support from month-end corporate taxes. At 0743 GMT, the rouble was 0.9% stronger against the dollar at 90.46. It had gained 0.5% to trade at 100,70 versus the euro and also firmed 0.5% against the yuan to 12,67. “The …
Russian rouble firms vs dollar, euro amid tax support Read More »
OSLO (Reuters) – Norway’s largest pension fund KLP said on Thursday it would refrain from investing in Saudi Aramco and 11 other companies in the Gulf region, and had sold assets worth $15 million following a review of its holdings. Six telecom firms and five real estate groups were blocked from its portfolio over “unacceptably …
Norwegian fund KLP excludes Aramco, Gulf real estate, telcos Read More »
