BRUSSELS (Reuters) -The leaders of 19 European Union countries have urged the bloc to launch a new drive to “review, reduce and restrain” legislation to make the EU more economically competitive, according to a letter seen by Reuters on Tuesday. The letter to Antonio Costa, president of the European Council of EU leaders, was signed …
Merz, Macron, Meloni urge new EU drive to cut red tape Read More »
By Tim Hepher and Giulia Segreti PARIS/ROME (Reuters) -The board of Italy’s Leonardo held a crucial meeting on Tuesday to review a tentative deal to forge a new European satellite manufacturer with its existing partner Thales and rival Airbus, people familiar with the matter said. Barring a last-minute setback, the three companies aim to announce …
European satellite merger looms as Leonardo board meets Read More »
MILAN (Reuters) -Prosecutors in the Italian city of Bologna have dropped a case against tech billionaire Andrea Pignataro, founder of financial software and data firm ION, following a settlement deal with the country’s tax agency. Pignataro told Reuters in June ION had agreed to pay 280 million euros ($326.5 million) to settle a dispute with …
Italian prosecutors drop case against ION founder Pignataro after tax settlement Read More »
By Gianluca Lo Nostro and Alban Kacher (Reuters) -French satellite operator Eutelsat reported worse-than-expected first-quarter revenue on Tuesday as a decline in video sales offset strong demand for government services, notably in Ukraine. Revenue from video, connectivity and government services fell 1.2% year-on-year on a comparable basis to 283 million euros ($330 million) in the …
Starlink rival Eutelsat’s first quarter hit by weak video sales Read More »
By Pietro Lombardi MADRID (Reuters) -Spanish energy companies Iberdrola, Endesa and Naturgy agreed to seek an extension of the Almaraz nuclear plant’s lifespan and are working on a formal request to the Energy Ministry, two people familiar with the process said on Tuesday. A major blackout in April revived the debate over nuclear power in …
Iberdrola, Endesa, Naturgy agree to seek extension of Almaraz nuclear plant, sources say Read More »
(Corrects paragraph 10 to clarify that the company has 1,200 clients that generate over 100,000 euros each in annual recurring revenue, not 1,200 in total) By Leo Marchandon (Reuters) -Europe’s largest cloud provider OVHcloud reported annual revenue growth of nearly 10% on Tuesday, crossing the threshold of 1 billion euros ($1.2 billion) for the first …
OVHcloud’s 2026 outlook disappoints market after 1-billion-euro revenue milestone Read More »
(Reuters) -Novo Nordisk will replace chair Helge Lund and six independent directors next month in a major boardroom shakeup following a disagreement over strategy with its powerful controlling shareholder, Novo Nordisk Foundation. They will step down at an extraordinary general meeting on November 14. The changes come after Mike Doustdar was named the drugmaker’s new …
Factbox-Who’s on Novo Nordisk’s board after major shakeup? Read More »
HELSINKI (Reuters) -Unemployment in euro zone member Finland stabilised at 9.9% in September, statistics office data showed on Tuesday, as the Nordic country battles one of the highest jobless rates in the European Union. The Finnish economy has been hit hard by global economic turmoil and uncertainty stemming from the war in Ukraine, while its …
Finland’s unemployment rate stays among EU’s highest in September Read More »
ZURICH (Reuters) -Swiss exports to the United States rebounded sharply in September, with pharmaceutical companies ramping up their shipments to get ahead of potential U.S. tariffs, government data showed on Tuesday. Total nominal Swiss exports to the United States leapt by nearly 43% last month in seasonally adjusted terms compared to the previous month, the …
Swiss exports to US surge in September as pharma shipments rise ahead of tariff threat Read More »
By Bernadette Hogg and Elvira Pollina (Reuters) -MFE-MediaForEurope has tightened its grip on German broadcaster ProSiebenSat.1 by appointing Marco Giordani as chief executive, marking a shift in leadership after the TV group controlled by Italy’s Berlusconi family closed its takeover bid in September. A veteran executive in the media sector, Giordani, 63, has served as chief financial …
MFE stamps authority on ProSiebenSat.1 with CEO change after takeover Read More »
