MILAN (Reuters) -Shares in Italian microelectronics company Technoprobe rose on their stock market debut in Milan on Tuesday after an initial public offering that valued the company at 3.4 billion euros ($3.8 billion). The shares traded 8% higher at 6.15 euros by 0820 GMT, having been priced at 5.70 euros in the IPO, towards the …
Technoprobe shares make gains after listing in Milan Read More »
By Andrea Mandala MILAN (Reuters) – Italy’s fifth-largest bank BPER Banca has agreed to buy troubled rival Carige, it said late on Monday, in a deal that will end a seven-year crisis at the regional lender. BPER last month entered exclusive talks over Carige with Italy’s FITD depositor protection fund, which owns 80% of the …
By Aref Mohammed, Rowena Edwards and Dmitry Zhdannikov BASRA/LONDON (Reuters) – A $27 billion deal between France’s TotalEnergies and Iraq that Baghdad hoped would reverse the exit of oil majors from the country has stalled amid disputes over terms and risks being scrapped by the country’s new government. Iraq has struggled to attract major fresh …
Exclusive-Iraq’s $27 billion TotalEnergies deal stuck over contract wrangling Read More »
By Valentina Za MILAN (Reuters) -Intesa Sanpaolo, Italy’s biggest lender, is investing in British banking software maker Thought Machine after picking its application to run Intesa’s new digital bank, Intesa said on Monday. Under a four-year strategy it unveiled on Feb. 4, Intesa will launch Isybank, a digital-only service targeting 4 million customers under 40 …
Italy’s Intesa Sanpaolo teams up with Thought Machine in digital push Read More »
By Pavel Polityuk and Jamie Freed KYIV (Reuters) – Two Ukrainian airlines disclosed problems in securing insurance for some of their flights on Monday while foreign carriers began avoiding the country’s airspace as Russia masses a huge military force on its border. Russia and Ukraine both hinted at fresh diplomatic efforts to avoid conflict on …
Ukraine’s UIA loses insurance cover for some planes in Ukrainian airspace Read More »
By Stephanie Nebehay BELLINZONA, Switzerland (Reuters) – An ex-Credit Suisse manager told a Swiss court on Monday that millions of euros were paid out of accounts linked to a Bulgarian wrestler at the centre of an international drugs probe, despite the bank’s legal compliance department being alerted. Credit Suisse and one of its former wealth …
Credit Suisse paid out millions despite compliance alert, drugs trial told Read More »
(Reuters) -Gains in French IT consultancy Capgemini’s operating margin this year will likely be held back by inflationary pressures on salary and the cost of returning to offices, the company said after reporting robust results on Monday. The firm, which offers its services to industries ranging from telecommunications to aerospace, expects a 2022 operating margin …
France’s Capgemini 2022 margin growth likely capped by costs Read More »
WARSAW (Reuters) -Polish mining group KGHM and nuclear technology firm NuScale Power on Monday signed a deal to start deploying small modular reactors in Poland, aiming to have the first operational as soon as 2029. Poland relies on coal for around 80% of its electricity production, but it is banking on nuclear power to help …
Poland’s KGHM signs small-scale nuclear reactor deal with U.S. company Read More »
By Foo Yun Chee STRASBOURG (Reuters) – European Union lawmakers and countries could reach a deal by the end of June on proposed tech rules forcing online platforms to better police the internet despite differences in their approach, the lawmaker steering the negotiations said on Monday. The Digital Services Act (DSA) proposed by EU antitrust …
Deal on EU tech rules possible by June, key lawmaker says Read More »
By Ambar Warrick and Amal S (Reuters) -UK shares fell on Monday, hit by souring risk sentiment across global equities following U.S. warnings that Russia could invade Ukraine at any time. The blue-chip FTSE 100 index sank 1.7% and recorded its worst session in three-weeks, with financial stocks leading declines. HSBC Holdings, Barclays, Lloyds Banking …
London stocks tumble as Russia-Ukraine tensions weigh Read More »
