(Reuters) – European shares touched a fresh nine-month high on Thursday as Germany’s Siemens AG and UK’s AstraZeneca boosted earnings euphoria, and helped offset concerns over hawkish Federal Reserve speakers stressing the need for more interest rate hikes. The pan-European STOXX 600 was up 0.8% at 0820 GMT, extending gains for the third straight session. …
European shares hit fresh nine-month high on earnings boost Read More »
By Michel Rose, Belén Carreño and Kate Abnett PARIS/MADRID/BRUSSELS (Reuters) – A new row has erupted between France, Germany and Spain over nuclear energy, with Paris furious about a lack of support from Berlin and Madrid for its efforts to have nuclear-derived hydrogen labelled as ‘green’ in EU legislation, sources said. The dispute, which could …
France in new row with Germany and Spain over nuclear-derived hydrogen Read More »
PARIS (Reuters) – The Peugeot family and the Dassault family are prepared to invest in Rothschild & Co, the Paris-listed investment bank the Rothschild family plans to take private, Les Echos said on Wednesday. “According to our informations, the Peugeot and Dassault families are ready to help the banking dynasty fund its plan to delist …
Peugeot and Dassault families could invest in Rothschild & Co -Les Echos Read More »
WARSAW (Reuters) -Poland’s parliament on Wednesday passed two pieces of legislation the government hopes will unblock billions in European Union funds, but doubts remained over whether the president would sign the judicial reform bill into law. Brussels has withheld 35.4 billion euros ($38 billion) in COVID-19 recovery funds in a row over the rule of …
Poland passes judiciary, wind farm laws in bid to unlock EU funds Read More »
By Marianna Parraga HOUSTON (Reuters) – Venezuela’s PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company, people familiar with the matter said. Eni and Spanish oil firm Repsol in May …
Venezuela’s PDVSA allocates heavy crude cargo to Italy’s Eni Read More »
PARIS (Reuters) – The French economy is on course to eke out slightly positive growth this quarter after growing 0.1% in the previous quarter, the central bank said on Wednesday. The Bank of France said companies polled in its monthly business sentiment survey reported activity slightly stronger in January than had been expected last month. …
French economy to see slightly positive first quarter growth – central bank Read More »
ZURICH (Reuters) -Siemens reported better-than-expected quarterly at its industrial business on Wednesday and raised its full-year sales guidance, boosted by a strong start to its 2023 fiscal year. The builder of trains and industrial software reported profit at its industrial business of 2.7 billion euros ($2.90 billion) in the fiscal first quarter to the end …
Siemens raises full-year sales guidance after Q1 tops forecasts Read More »
(Reuters) -Qatari investors are planning to make a huge bid to buy Premier League club Manchester United, the Daily Mail newspaper reported on Tuesday, citing unnamed sources. The report described the investors as “a group of private, high-wealth individuals” from Qatar, which hosted the 2022 World Cup. United declined to comment when contacted by Reuters. …
Soccer-Qatari investors set to bid for Manchester United – Daily Mail Read More »
By America Hernandez PARIS (Reuters) – Western sanctions against Russia are creating a parallel oil market, the chief executive of French oil major TotalEnergies said on Wednesday. “We had a relatively transparent, well-functioning global oil market .. I understand the political objective, but I don’t think we have fully appreciated the consequences,” Patrick Pouyanne told …
TotalEnergies CEO: Russia sanctions are creating a “grey” oil market Read More »
FRANKFURT (Reuters) -E.ON, Europe’s largest operator of energy networks, likely exceeded its own profit outlook in 2022 thanks to its division that includes legacy nuclear plants, pushing its shares to the top of Germany’s blue-chip index on Wednesday. E.ON late on Tuesday cited a better than expected performance at its non-core unit, which covers its …
E.ON tops own 2022 outlook, helped by non-core division Read More »
