MOSCOW (Reuters) -E-scooter firm Whoosh said on Monday it is considering an initial public offering (IPO) on the Moscow Exchange, in what would be Russia’s first public listing since the country began what it calls a “special military operation” in Ukraine. From commodities to finance and retail, at least 10 companies had been looking to …
Russian e-scooter firm Whoosh to pursue Moscow IPO Read More »
By David Milliken LONDON (Reuters) -British public-sector pay will not be able to keep up with soaring inflation, transport minister Mark Harper said on Sunday, as the country faces a wave of industrial disputes. Industrial action is becoming more widespread across Britain’s transport network and last week Britain’s Royal College of Nursing trade union announced …
UK public sector pay won’t keep up with inflation: transport minister Read More »
PARIS (Reuters) – French supermarket retailer Casino said on Monday that it had launched a stake sale in Brazilian cash-and-carry chain Assai as part of its general debt-cutting plans, lifting its struggling shares. Casino said it was selling 140.8 million shares in Assai, representing 10.4% of the company’s share capital, and that it could sell …
French retailer Casino launches stake sale in Brazil’s Assai Read More »
(Reuters) – British car distributor Inchcape said on Monday finance chief Gijsbert de Zoeten was stepping down after a “lapse in judgement” that involved behaviour the company said fell short of standards expected of its executives. Inchcape, which appointed insider Adrian Lewis as acting group chief financial officer while it looks for a permanent replacement, …
UK car distributor Inchcape’s finance boss steps down Read More »
LONDON (Reuters) – The final month of the year is almost here but there’s no time yet to slow down, with latest U.S. jobs numbers and euro zone inflation data coming up. And don’t forget the turbulence in crypto land, growing concern about China’s economic outlook given a COVID-19 resurgence and an extraordinary weekend of …
ZURICH (Reuters) – The head of Credit Suisse’s Swiss unit said “some customers have withdrawn some of their money, but very few have actually closed their accounts.” Last week, Switzerland’s second-largest bank said it expects to make a pre-tax loss of up to 1.5 billion Swiss francs ($1.6 billion) during Q4 and revealed that wealthy …
Few Credit Suisse clients have closed accounts – CEO of the bank’s Swiss unit Read More »
(Reuters) – Twitter Inc Chief Executive Elon Musk says new user signups to the social media platform are at an “all-time high”, as he struggles with a mass exodus of advertisers and users fleeing to other platforms over concerns about verification and hate speech. Signups were averaging over two million per day in the last …
Twitter CEO Musk says user signups at all-time high, touts features of “everything app” Read More »
PARIS (Reuters) – The French government made excessive use of consultancy firms in the past and is now striving to correct that, Finance Minister Bruno Le Maire said on Sunday. Emmanuel Macron’s government has come under pressure in recent months for being too dependent on consultancy groups. Financial prosecutors said earlier this week they were …
France’s Le Maire: We went too far in use of consulting firms Read More »
PARIS (Reuters) – France may try to negotiate some exemptions from the duties and limits imposed by the U.S. anti-inflation act but Europe must act to protect the bloc’s economic interests, Finance Minister Bruno Le Maire said on Sunday. Le Maire will accompany French President Emmanuel Macron on a state visit to the United States …
By Tim Hepher PARIS (Reuters) – Airbus is preparing the ground for further delays to planned delivery dates of some medium-haul aircraft in 2023 even as it races to meet delivery targets for 2022 in the face of supply chain and labour problems, three industry sources said. The twin-speed approach comes as uncertainty remains over …
Airbus may delay some 2023 jet deliveries: sources Read More »
