By Julien Ponthus and Pamela Barbaglia LONDON (Reuters) – Advent International is looking to sell its French biometrics and fingerprint identification firm IDEMIA in a deal worth up to $4.6 billion as it seeks to capitalise on growing demand for cybersecurity assets in Europe, two sources told Reuters. The U.S. buyout fund is reviewing a …
BERLIN (Reuters) – Four managers of German online bank N26 are being investigated by public prosecutors in relation to suspicions about fraudulent customer accounts, the Handelsblatt newspaper reported Friday. Criminals are suspected of opening numerous accounts to operate fake online shops or launder money, for example, and customers had complained that reported accounts were not …
German online bank N26 managers probed over fraudulent accounts – Handelsblatt Read More »
By Huw Jones LONDON (Reuters) -Britain’s finance ministry said on Friday that Richard Lloyd had been appointed interim chair of the Financial Conduct Authority from June at a “pivotal” time for the watchdog as it faces internal and external challenges. Lloyd, a former head of Britain’s consumer watchdog Which? and currently a board member of …
Britain appoints interim chair to financial watchdog at ‘pivotal time’ Read More »
LONDON (Reuters) – British trade officials said they had begun a review of the country’s tariff rate quotas (TRQs) on some categories of imported steel products after a revision of trade statistics. The Trade Remedies Authority, created after Brexit, made recommendations last June about which steel products should be covered by the measures – inherited …
UK launches review of tariff rate quotas for some steel imports Read More »
By Stephen Jewkes MILAN (Reuters) -Italy’s Saipem bowed to pressure from investors and appointed two new managers to represent top shareholders as its CEO draws up a turnaround plan for the struggling energy services group. Saipem stunned the market this week saying it would report a 2021 loss of over one-third of the company’s equity, …
Saipem picks new managers to work with CEO on turnaround Read More »
By Terje Solsvik and Victoria Klesty OSLO (Reuters) -NATO Secretary General Jens Stoltenberg will become Norway’s new central bank chief, the government said on Friday, despite opposition worries that the appointment of the former prime minister could weaken Norges Bank’s independence. While the job is open from March 1, Stoltenberg has said he would first …
NATO chief Stoltenberg named to head Norway central bank despite opposition Read More »
MADRID (Reuters) – It remains unclear whether Spain’s LNG capacity could be used to help manage any shortfall in European gas if Russia were to halt supplies, the global head of controlling at power and gas group Naturgy said on Friday. Spain operates six of the regasification plants needed to take delivery of liquefied natural …
Naturgy unsure if Spain could help bolster Europe’s gas supply Read More »
(Repeats more widely, no changes to text) By Joice Alves LONDON (Reuters) -Euro zone banks’ shares extended gains on Friday to hit fresh three-year highs after the European Central Bank left the door open for interest rate hikes this year. Highly sensitive to ECB rates moves, the euro zone banks gained as much as 1.2% …
Poised for growth: ECB’s Lagarde gives euro zone banks a leg up Read More »
LILLE, France (Reuters) – European justice ministers and tech giants Google’s and Meta agreed on Friday that a clear legal framework was needed to step up cooperation against online hate, France’s justice minister said. Social media and online platforms face a raft of legislative proposals on both sides of the Atlantic that will require them …
EU, tech giants boost cooperation on fighting online hate Read More »
FRANKFURT (Reuters) – Thyssenkrupp is not planning to hold an extraordinary shareholder meeting (EGM) this year that would be required to let investors vote on a possible spin-off of its steel unit, indicating such a move will not happen soon. Speaking at the group’s virtual annual general meeting, finance chief Klaus Keysberg said an EGM …
Thyssenkrupp has no plans for steel spin-off EGM this year – CFO Read More »
