By Dina Kartit (Reuters) -French artificial heart maker Carmat expects to break-even in 2027, it said on Monday, as it gradually resumes implants and faces strong demand in Europe ahead of its commercial launch in the United States. The Aeson implant maker, which targets a U.S. launch in 2026, plans to lift its production to …
French artificial heart maker Carmat targets break-even in 2027 Read More »
(Reuters) – The British telecoms and media regulator said on Monday it was investigating BT Group to find out if the company had complied with rules on providing customers with a short and simple summary of contract terms. UK’s Ofcom said it was probing into the customer contract information procedure of the telecoms major following …
UK telecoms regulator to probe into BT’s customer contract terms Read More »
LONDON (Reuters) -Britain’s National Grid said it would pay customers to use less power on Monday and Tuesday evenings this week, the first time it has used a new scheme designed to help prevent power shortages. More than a million households and business are signed up to the Demand Flexibility Service (DFS), which rewards people, …
UK’s National Grid to pay people to use less power as cold snap bites Read More »
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford Motor Co plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany’s IG Metall union said on Monday, vowing action that would disrupt the carmaker across the continent if the cuts go ahead. Rising costs for …
Ford to cut up to 3,200 European jobs, union says, vowing to fight Read More »
By Hadeel Al Sayegh, Oliver Hirt and Andrew Mills DUBAI (Reuters) – Qatar’s sovereign wealth fund has increased its stake in Credit Suisse to just under 7%, becoming the Swiss bank’s second-largest shareholder after Saudi National Bank, in a sign that its Gulf investor base is growing in importance. The Qatar Investment Authority (QIA) bought …
Qatar Investment Authority raises stake in Credit Suisse to just under 7% Read More »
By Balazs Koranyi and Robert Muller FRANKFURT/PRAGUE (Reuters) -European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point increase remain contentious. The ECB promised in December a steady pace of 50 basis point increases spanning multiple meetings to combat sky …
ECB policymakers spar on rate outlook beyond Feb hike Read More »
By Sergio Goncalves LISBON (Reuters) – Portugal has signed an agreement to swap Cape Verde’s debt for investments in an environmental and climate fund that is being established by the archipelago nation off West Africa’s coast, Portuguese Prime Minister Antonio Costa said on Monday. Such “debt-for-nature” swap deals are emerging in other countries and are …
Portugal agrees to swap Cape Verde’s debt for environmental investment Read More »
(Reuters) -UK’s main stock indexes closed higher on Monday, buoyed by consumer firms and miners, while investors awaited domestic and U.S economic data due this week to gauge the likelihood of a recession. The blue-chip FTSE 100 closed up 0.3% to 7792.5, after posting its first weekly loss of the year in the previous session …
UK stocks rise on boost from consumer firms, miners Read More »
MILAN (Reuters) – Shares in Juventus tumbled some 10% on Monday after Italian soccer authorities docked the club 15 points for its transfer dealings, in a blow to its reputation and short-term sporting prospects. Juventus, who have won the Italian league more times than any other club, are now 9th in the Serie A standings …
Juventus shares tumble after 15-point penalty imposed Read More »
(Reuters) -European stocks edged higher on Monday, lifted by technology and mining shares, as expectations of a mild recession in the euro zone offset hawkish remarks from European Central Bank (ECB) officials that sent the euro to a nine-month high. The pan-European STOXX 600 index rose 0.2% after posting its first weekly decline of the …
Tech lifts European shares despite hawkish ECB signals Read More »
