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ZURICH (Reuters) -The Swiss National Bank, the Swiss Finance Ministry and the U.S. Treasury Department have reconfirmed they do not target exchange rates for competitive purposes. A joint statement “confirms that foreign exchange market interventions are an important monetary policy instrument for the SNB in ensuring appropriate monetary conditions and thus meeting its statutory mandate …

Swiss National Bank reconfirms with U.S. it doesn’t seek competitive edge via forex Read More »

DUBAI (Reuters) -QatarEnergy has signed a long-term agreement with German industrial gases company Messer to supply high-purity helium, which is used in a wide variety of technologies ranging from MRI scanners to quantum computing. The deal for 100 million cubic feet per year from QatarEnergy’s Ras Laffan facilities marks the state energy company’s first direct …

QatarEnergy signs long-term helium supply deal with Germany’s Messer Read More »

By Elvira Pollina and Amy-Jo Crowley MILAN/LONDON (Reuters) -Italy’s Serie A soccer league is exploring options for its international media rights, including the sale of a stake to external investors and a long-term strategic partnership with a sports media agency, three sources with direct knowledge of the matter told Reuters. Like other major European leagues, …

Italy’s Serie A explores options to boost international media rights business Read More »

BERLIN (Reuters) – Germany expects the United States to apply a 15% tariff rate to pharmaceuticals and heavy trucks, a government spokesperson said during a regular press conference on Monday. U.S. President Donald Trump unveiled sweeping new import tariffs last week, including 100% duties on patented drugs and 25% levies on heavy-duty trucks, triggering fresh …

Germany assumes 15% U.S. tariff rate will apply to pharma, heavy trucks Read More »

By Giuseppe Fonte ROME (Reuters) -Italy’s tax take is rising faster than expected thanks to job growth and inflation, putting the budget deficit on track to dip below the European Union ceiling of 3% of gross domestic product in 2025, a year ahead of schedule. Tax revenues rose by more than 16 billion euros ($18.76 …

Analysis-Italy reaps tax windfall thanks to inflation, job growth Read More »

By Juveria Tabassum and Nicholas P. Brown (Reuters) -Investors will zoom in on Nike’s marketing plans for the coming year when it reports results on Tuesday, after several sluggish quarters in which rivals have stolen market share and high tariffs have hit imported goods. The company, in the midst of a turnaround under CEO Elliott …

Nike marketing plans in focus ahead of crucial year for sports events  Read More »