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Ukraine power grid operator plans tariff increase in 2026, analyst says

1 Oct 2025

KYIV (Reuters) -Ukraine’s state-run power grid operator has proposed a 20% increase in power transmission tariffs for 2026, Kyiv-based consultancy ExPro said on Wednesday. Analysts said the proposed hike is intended to cover both technological expenses and external loan repayments. Local producers have previously said that Ukrainian energy tariffs are already excessively high, warning that …

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Monte dei Paschi closes in on new leadership for Mediobanca, sources say

1 Oct 2025

By Valentina Za and Giuseppe Fonte MILAN (Reuters) -Monte dei Paschi di Siena is expected to name JPMorgan banker Vittorio Grilli as the new Mediobanca chair, two people close to the matter have said, as it finalises its picks for the top jobs at the merchant bank it acquired in September. Monte dei Paschi (MPS), …

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German manufacturing dips in September on fall in new orders, PMI shows

1 Oct 2025

BERLIN (Reuters) -Germany’s manufacturing sector activity dipped slightly in September, driven primarily by a renewed fall in new orders, even though production growth hit its highest level in 3-1/2 years, a business survey showed on Wednesday. The HCOB final Purchasing Managers’ Index (PMI) for German manufacturing, compiled by S&P Global, slipped to 49.5 in September …

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French manufacturing sector contracts in September as confidence wanes, PMI shows

1 Oct 2025

PARIS (Reuters) -France’s manufacturing sector contracted in September, with output and new orders declining sharply amid rising political uncertainty, S&P Global reported on Wednesday. The Final HCOB France Manufacturing Purchasing Managers’ Index (PMI) fell to 48.2 in September from 50.4 in August but was slightly up versus the 48.1 flash figure. Aside from that August …

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Tesla registrations in Denmark rise 20.5% in September

1 Oct 2025

COPENHAGEN (Reuters) -Registrations of new Tesla cars in Denmark rose by 20.45% in September from a year earlier, to 2,232 vehicles, data from bilstatistik.dk showed on Wednesday. Tesla’s Model Y topped the list of new registrations with 1,955 cars, Mobility Denmark said in a statement, citing data from bilstatistik.dk. (Reporting by Marie Mannes and Louise …

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Exclusive-Austria’s Raiffeisen fails in new effort to sell stake in Russia, sources say

1 Oct 2025

By John O’Donnell and Alexandra Schwarz-Goerlich VIENNA (Reuters) -Raiffeisen Bank International has failed in another attempt to sell a stake in its Russian business, two people familiar with the situation said, as Russia seeks to maintain a key financial bridge to the West. Raiffeisen’s bank in Russia is the biggest lender in the country that …

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UniCredit’s Russian business stops taking on corporate clients, raises fees

1 Oct 2025

MOSCOW (Reuters) -The Russian subsidiary of Italian bank UniCredit has stopped taking on new corporate clients and is raising service fees across its business, according to new tariff plans posted on the bank’s website. UniCredit is continuing its attempts to leave Russia, under pressure from the European Central Bank, which has demanded the group accelerate …

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Diversified Energy to move main listing to the US as UK takes backseat

1 Oct 2025

(Reuters) -Diversified Energy said late on Tuesday it would move its primary listing to the New York Stock Exchange, becoming the latest company to prioritize listing in the United States over the UK as businesses tap into a booming U.S. market. The Birmingham, Alabama-based company’s energy assets are primarily located in the U.S., with its …

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UK’s Taylor Wimpey sees drop in sales rate amid market challenges

1 Oct 2025

(Reuters) -UK homebuilder Taylor Wimpey on Wednesday flagged a softer sales rate in the nine weeks to September 28, as shaky consumer sentiment weighed on the UK housing market. With high inflation and borrowing costs squeezing affordability among UK consumers, fears of potential hikes to stamp duty in the November budget have added to the risk …

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Spotify founder Ek to step down as CEO to focus on long-term strategy

1 Oct 2025

(Adds dropped first names in 15th paragraph) By Jaspreet Singh and Supantha Mukherjee (Reuters) -Spotify founder-CEO Daniel Ek will step down to become executive chairman in January, the Swedish streaming company said on Tuesday as it adopts a new co-CEO structure in its strategy to fend off rivals and shore up its profit margin. Billionaire …

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