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PARIS (Reuters) – A French court has dismissed charges of complicity in war crimes against oil major TotalEnergies, lawyers for the NGOs who brought the charge said in a statement. In October, the Darwin Climax Coalition and Ukrainian organisation Razom We Stand filed a complaint with the anti-terrorism unit of the Paris public prosecutor’s office …

French court dismisses complicity in war crimes charge against TotalEnergies – lawyers Read More »

By Huw Jones LONDON (Reuters) – Bank of England Governor Andrew Bailey questioned the need for a digital pound on Monday just as euro zone finance ministers backed further preparatory work on a digital euro. Britain is due to launch a public consultation in coming weeks on what should be the legal attributes of a …

BoE sceptical over digital pound as euro zone backs work on digital euro Read More »

By Divya Chowdhury and Maha El Dahan DAVOS, Switzerland (Reuters) -The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for the opening of the World Economic Forum’s annual meeting counted the likely cost for their economies and businesses. Two-thirds of private and public sector chief economists surveyed …

Davos 2023: Recession casts long shadow over opening of WEF summit Read More »

By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext will shift clearing of derivatives trading to its new clearing arm in Italy by the third quarter of next year, it said on Monday, to compete directly with London Stock Exchange Group and Cboe. Euronext currently clears its derivatives transactions at LCH SA, owned by …

Euronext to switch derivatives clearing to Italy in 2024 Read More »

DUBLIN (Reuters) – SMBC Aviation Capital, the world’s second-largest aircraft lessor, remains open to acquisition opportunities after its recent purchase of smaller rival Goshawk Aviation for $6.7 billion, its chief financial officer said on Monday. “We still do continue to look at inorganic opportunities, I would say,” Aisling Kenny told the Airline Economics conference in …

SMBC Aviation Capital says it would consider further acquisitions Read More »

By Divya Chowdhury and Anisha Sircar DAVOS, Switzerland (Reuters) – Confidence among companies in their growth prospects has dropped the most since the 2007-08 global financial crisis due to rising inflation, macroeconomic volatility and geopolitical conflicts, a survey by PricewaterhouseCoopers showed. With 73% of chief executives around the world expecting global economic growth to decline …

Davos 2023: CEOs most gloomy on growth in more than a decade -PwC survey Read More »

By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares hit a near nine-month high on Monday, albeit in light trading due to a U.S. holiday, with real estate and retail stocks helping offset losses in commodity-linked sectors. The pan-European STOXX 600 closed up 0.5% at 454.6 – its highest level since April 2022 – …

European shares near 9-month high as new year rally continues Read More »

By Kirstin Ridley LONDON (Reuters) – A former London-based Commerzbank compliance officer is seeking almost 580,000 pounds ($707,000) in compensation after winning a sex and maternity discrimination and harassment case following a near eight-year battle against the German bank. Jagruti Rajput, who joined Commerzbank in 2012 and rose to deputy head of markets compliance, has …

Ex Commerzbank female banker seeks $707,000 over discrimination, harassment Read More »

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Germany (Reuters) – Thyssenkrupp’s plant engineering unit plans to double sales to around 2 billion euros ($2.2 billion) in the mid-term and is open to taking on co-owners to accelerate growth, according to the division’s chief executive. Thyssenkrupp Uhde, which employs about 5,000 staff, plans and builds fertiliser, …

Thyssenkrupp Uhde aims to double sales, open to co-owners Read More »