By Sruthi Shankar and Shristi Achar A (Reuters) -UK’s blue-chip index rose on Thursday, gaining for a third consecutive week, as a rally in commodity stocks and signs of resilience in the domestic economy outweighed concerns about a U.S. economic slowdown. The FTSE 100 rose 1.0%, hitting its highest level in over three weeks and …
By David Milliken LONDON (Reuters) -British house-building fell at the sharpest pace since May 2020 last month as the cost of higher interest rates outweighed an easing in supply chain difficulties that bolstered other types of construction, according to a survey released on Thursday. The S&P Global/CIPS construction Purchasing Managers’ Index (PMI) fell to 50.7 …
UK house-building falls by most since 2020 as interest rates bite -PMI Read More »
(Reuters) – Sales of new cars in Russia fell 10.6% year on year in March to 48,414 vehicles, the Association of European Businesses (AEB) said on Thursday. First-quarter sales were down 44.7% as the industry continues to reel from the fallout of Western sanctions imposed on Russia over its military campaign in Ukraine, the AEB …
By Yadarisa Shabong and Aby Jose Koilparambil (Reuters) -Employers worldwide are more cautious about hiring permanent employees and are turning to temporary workers while they ride out economic uncertainties in the coming months, recruiting firm Robert Walters said, after a slower start to the year. Recruitment in the technology industry has been hit by global …
Employers turn to interim hires to ride out uncertainty, recruiter says Read More »
By Joseph White DETROIT (Reuters) – Ford Motor Co unveiled a new electric Courier van aimed at winning business customers in Europe, and boxing out electric van startups such as Arrival SA. The electric Courier is part of a revamped lineup of smaller, commercial vans for the European market that will also include gasoline and …
Ford aims a new electric van at European cities – and startups Read More »
LONDON (Reuters) – Britain is to investigate Amazon.com’s anticipated takeover of robot vacuum maker iRobot Corp, the country’s competition regulator said on Thursday. The e-commerce giant’s planned $1.7 billion acquisition of iRobot, aimed at expanding its stable of smart home devices, is already being reviewed by the U.S. Federal Trade Commission. Britain’s Competition and Markets …
UK antitrust regulator looks at Amazon’s takeover of vacuum maker iRobot Read More »
By Shubham Batra (Reuters) -European shares edged higher on Thursday, heading into a long Easter weekend break, as real estate and travel stocks helped outweigh concerns over a U.S. economic slowdown that were triggered by lacklustre data. The pan-European STOXX 600 index inched up 0.5%, set for its third consecutive weekly gain. The real estate …
European shares rise as realty gains offset U.S. recession jitters Read More »
(Reuters) – Ferrexpo Plc said on Thursday its first-quarter production more than doubled from the prior three months due to improved power supplies to its units in Ukraine, sending the miner’s shares up over 5%. The group, which has all its operations in Ukraine, said it produced 900,000 tonnes of iron ore pellets in the …
Ferrexpo’s Q1 output lifted by improved Ukraine power supply Read More »
ROME (Reuters) – Leonardo and Siemens on Thursday said they signed a memorandum of understanding to offer cybersecurity solutions for infrastructure in the energy, oil and gas and industrial sectors. “The main area of intervention will concern the resilience against accidents and cyber attacks to automation and connectivity systems that monitor and supervise assets, equipment …
Leonardo, Siemens sign deal to create cybersecurity platform Read More »
By David Shepardson NEW YORK (Reuters) – The U.S. Transportation Department (USDOT) Wednesday imposed a $135,000 penalty on British Airways over a 2017 tarmac delay in which it failed to ensure the timely deplaning of passengers. As part of a settlement, the airline, which is owned by IAG, agreed to cease and desist from future …
US fines British Airways $135,000 over tarmac delay in 2017 Read More »
