DUESSELDORF, Germany (Reuters) – The new chairman of Adler Group said on Wednesday he has had no contact yet with KPMG, which is conducting a special audit of the company’s affairs. Earlier this month, the BaFin financial watchdog said it would examine the financial reports of Adler Group, one of Germany’s biggest landlords, following allegations …
New Adler Group chairman has not yet had contact with KPMG Read More »
By Nick Carey LONDON (Reuters) – Britain’s auto industry called on the country’s government on Wednesday to mandate targets for rolling out electric vehicle (EV) charging infrastructure and create a new regulatory body to oversee the market conditions and enforce minimum standards. The Society of Motor Manufacturers and Traders (SMMT) said in a statement that …
UK car industry calls for EV charger mandate, regulatory oversight Read More »
By Nina Chestney LONDON (Reuters) -Britain’s auction to ensure enough electricity capacity for 2022/23 cleared at a record high of 75 pounds ($101.70) per kilowatt (kW) per year on Tuesday evening, National Grid said. Britain launched its power capacity market in 2014, offering to pay providers for making supplies available at short notice. Britain usually …
UK electricity capacity auction clears at highest ever price Read More »
By Pushkala Aripaka (Reuters) -Opioid addiction treatment maker Indivior is exploring a secondary listing in the United States, its biggest market, after the British company posted a better than expected rise in annual sales buoyed by its newer injectable therapy. The growth is a boost for Indivior, spun off from Reckitt in 2014, after it …
British drugmaker Indivior weighs U.S. listing, annual sales rise Read More »
(Reuters) – The European Central Bank must consider surging house prices when assessing inflation as the property boom adds to risks of acting too late to tighten monetary policy, ECB board member Isabel Schnabel said in an interview with the Financial Times. “If this [rise in the costs of home ownership] were included, it would …
ECB must consider rising housing prices in inflation assessment, Schnabel tells FT Read More »
By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson said on Tuesday an internal investigation in 2019 found serious breaches of its compliance rules in Iraq, including evidence of corruption-related misconduct and improper use of sales agents and consultants. The Swedish telecom equipment group said it was working with external counsel to review the findings resulting from the …
Ericsson says its 2019 probe found serious compliance breaches in Iraq Read More »
PARIS (Reuters) -Increased uncertainty about the inflation outlook means the European Central Bank needs to keep its options fully open, especially on future interest rate hikes, ECB policymaker Francois Villeroy de Galhau said on Tuesday. In the face of growing inflation risks, the ECB has opened the door to an interest rate hike later this …
Inflation uncertainty means ECB’s options need to be kept fully open -Villeroy Read More »
By Mathieu Rosemain PARIS (Reuters) – France is grouping the country’s top cybersecurity experts in Paris’ business district of La Defense, bringing together startups and household names to tackle the scourge of hacking, Finance Minister Bruno Le Maire said on Tuesday. Cyberattacks have become the number one worry of the world’s top company executives, according …
France opens new business campus to tackle cyberattacks Read More »
MILAN (Reuters) -Two activist investors in Generali on Tuesday urged Italy’s leading insurer to engage in “an open and constructive dialogue” to overcome issues that have held back its growth. Generali is at the centre of a shareholder battle pitting a group of investors including eyewear billionaire Leonardo Del Vecchio against its single biggest shareholder …
Activist Generali investors call for “open dialogue” Read More »
(Repeats without changes) MILAN (Reuters) – Italy’s fifth-largest bank BPER Banca will present a new business plan after the closing of the deal for Carige, Chief Executive Piero Luigi Montani said in a statement on Tuesday. Details of synergies from the deal will be provided only after the closing, expected by the end of June, …
Italy’s BPER to present new plan after Carige deal closes – CEO Read More »
