PARIS (Reuters) – French TV groups TF1 and Canal+ struck a distribution deal on Friday that ends a recent dispute between the two rival broadcasting groups that had deprived millions of Canal+ subscribers of TF1’s free channels for months. Broadcasting will start again on Nov. 7, the two groups said. Canal+ had ended its partnership …
French TV groups TF1 and Canal+ end broadcasting dispute Read More »
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s new government unveiled its first public finance targets on Friday, hiking borrowing to finance support measures for families and firms struggling with sky-high energy costs. The Treasury’s annual Economic and Financial Document (DEF) approved by Giorgia Meloni’s cabinet set the 2023 fiscal deficit at 4.5% of …
Italy PM Meloni hikes govt borrowing to tackle energy crisis Read More »
(Reuters) -Apple Inc is preparing to expand its advertising network for live television as part of its deal to stream Major League Soccer (MLS) games next year, Bloomberg News reported on Friday, citing people with knowledge of the matter. The iPhone maker is in talks with advertising partners and MLS sponsors in advance of the …
Apple to expand live TV advertising around new soccer deal -Bloomberg News Read More »
(Reuters) -Russia wants the West to ease restrictions on state agriculture lender Rosselkhozbank to facilitate Russian grain exports, according to four sources familiar with the request, made during talks to extend a deal on food shipments from Ukraine. Moscow suspended its participation in the secure Black Sea grain corridor in late October but rejoined after …
(Reuters) – Russian President Vladimir Putin has signed a decree allowing Russian company Nefteservisnie Tekhnologii to acquire U.S. oilfield services provider Baker Hughes’ Russian assets, a Russian government document published on Friday showed. Baker Hughes announced in March that it was suspending new investments in Russia after Western countries imposed unprecedented sanctions when Moscow ordered …
Putin signs decree allowing acquisition of Baker Hughes Russian assets Read More »
FRANKFURT (Reuters) -German finance watchdog BaFin has told Deutsche Bank to take specific measures to improve efforts to prevent money laundering and terrorism financing or face fines, the latest rebuke in regulatory proceedings against the bank that started in 2018. BaFin said in a brief statement on its website late on Friday it had ordered …
Financial watchdog orders Deutsche Bank to step up money laundering controls Read More »
By Marie Mannes (Reuters) – Swedish Match’s small shareholders have sold parts or all of their holdings to lock in profits even though they oppose Marlboro-maker Philip Morris International’s $16 billion bid for the company. PMI launched its bid for the maker of tobacco and nicotine oral products at 106 crowns a share in May, …
Some small shareholders in Swedish Match sell out ahead of bid deadline Read More »
By Valentina Za MILAN (Reuters) -Intesa Sanpaolo on Friday said its 2022 profit would be at the upper end of the range it had previously provided, after it beat forecasts with its third-quarter earnings and sharply cut exposure to Russia in the period. Higher official interest rates have played a key role in helping major …
Intesa sees 2022 profit at top of range after cutting Russia risks Read More »
FRANKFURT (Reuters) – The European Central Bank will continue to focus on dampening demand and capping inflation expectations to prevent the current, fast price growth from taking hold in the euro area, the ECB’s vice-president Luis de Guindos said on Friday. “Monetary policy must remain focused on reducing support for demand and guarding against the …
ECB to focus on capping demand and inflation expectations, de Guindos says Read More »
LONDON (Reuters) – Euro zone business activity contracted last month at the fastest pace since late 2020 as high inflation and fears of an intensifying energy crisis hit demand, according to a survey suggesting the bloc is heading for a winter recession. Inflation in the 19 countries using the euro surged more than expected last …
Euro zone downturn deepened in Oct, winter recession likely -PMI Read More »
