By Simon Jessop LONDON (Reuters) – France’s CNP Assurances will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing ranks of insurers taking a more pro-active approach to tackling global warming. The company said it was acting in response to scientificreports, including one …
French insurer CNP to stop financing new oil and gas projects Read More »
ROME (Reuters) – EasyJet would want more slots at Milan’s Linate airport should carrier ITA team up with Germany’s Lufthansa, the chief executive of the British carrier said, indicating the airline’s commitment to Italy. “We want to expand. If ITA goes (to Lufthansa) then Linate will increase the flights towards Frankfurt and Munich,” easyJet CEO …
EasyJet wants more Milan slots if ITA links with Lufthansa – paper Read More »
(Reuters) -Visa Inc cards will be accepted at all Amazon.com Inc stores and sites as part of a global agreement, the companies said on Thursday. The retail giant also said it will not turn off Visa credit cards from Amazon’s UK website and customers in Australia and Singapore will no longer pay a surcharging fee …
Visa, Amazon reach global deal over payment fees Read More »
By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) – Standard Chartered has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it banks on inflation-battling rate hikes worldwide to boost lending. CEO Bill Winters, who repaired StanChart’s balance sheet and cut thousands of jobs after he took …
StanChart bets on rate hikes to hit lofty goals as profit disappoints Read More »
By Corina Pons and Belén Carreño MADRID (Reuters) – When Spain’s decade-long housing boom spectacularly bust in 2008, some 1.8 million jobs vanished and a nation littered with cranes and building sites slid into brutal recession. Now those construction workers are urgently needed back: an unprecedented labour shortage is jeopardising multi-billion euro building and renovation …
Worker shortage jeopardises Spain’s EU-funded recovery plan Read More »
By Sarah Morland (Reuters) -France’s Eutelsat narrowed and pushed back its financial targets on Thursday, amid a drop in broadcast revenues and capacity delays on two of its satellites, sending its shares down 5% in morning trading. The Paris-based satellite operator now expects revenue to slip to 1.11-1.13 billion euros ($1.26-$1.28 billion) for its five …
Satellite group Eutelsat postpones growth target, shares sink Read More »
PARIS (Reuters) – Kering’s boss said on Thursday acquisitions could make sense in the near future for the group, the strongest indication to date that the luxury giant could move further into M&A. “For sure, acquisitions could make sense in the near future for the group,” Kering chairman and CEO François-Henri Pinault told analysts in …
Kering chairman: acquisitions could make sense in the near future Read More »
BERLIN (Reuters) – Continental is considering splitting into four separate businesses to boost its market capitalisation but must convince majority shareholder Schaeffler of the plan, Manager Magazin reported, sending Continental shares up 3.5%. The four business areas – tires, autonomous driving, automotive, and ContiTech – would either be sold or put on the market, the …
Continental considering four-way split -Manager Magazin Read More »
(Reuters) – European shares rose on Thursday as a slew of strong earnings from companies such as Airbus, Kering and Commerzbank lifted risk appetite, helping offset investor concerns over fresh tensions surrounding Ukraine. The pan-European STOXX 600 index gained 0.2% by 0813 GMT. France’s CAC 40 added 0.6%, Germany’s DAX climbed 0.3%, while UK’s FTSE …
Strong earnings boost European shares amid Ukraine concerns Read More »
By Valentina Za MILAN (Reuters) -The chairman of Italy’s biggest insurer, Generali, plans to step down in April after 11 years in the job, saying that current tensions among investors were a source of regret. Gabriele Galateri di Genola told the board he would continue as chairman only until a shareholder meeting when investors are …
Generali chairman to quit in April amid investor tensions Read More »
