MILAN (Reuters) -Poste Italiane is considering introducing an annual management fee for users of its digital identity service, analysts wrote in their daily reports on Friday following a briefing with the company’s management. With around 20 million active digital identity accounts, the move could generate up to 100 million euros ($116.75 million) in additional operating …
AMSTERDAM (Reuters) -The Dutch central bank would not immediately block any foreign takeover bid on a Dutch bank, if that situation would occur, its president Olaf Sleijpen said in an interview with Dutch financial daily FD published on Friday. “Without going into any individual case, if there is a takeover bid we will look at …
ZURICH (Reuters) -UBS should have seven years to fully capitalise its foreign units, the Swiss government said on Friday, as the country opened a formal consultation on the key proposal of a broader banking regulation overhaul. The capital requirement will be raised in increments over a seven-year period, the government said, in line with the …
Swiss government launches consultation on key UBS capital rule Read More »
By Elena Fabrichnaya and Robert Harvey MOSCOW (Reuters) -Russia’s VTB will apply to increase its weighting in the MOEX Russia Index following a $1 billion secondary public offering in September, the state-controlled lender said on Friday, as it announced net profit fell in January-August. “The weight in the index is currently 1%, and we expect …
Russia’s VTB Bank seeks higher MOEX index weighting, as net profits fall Read More »
MOSCOW (Reuters) -The Kremlin said on Friday that the surviving section of the Nord Stream gas pipelines from Russia to Germany, which were blown up three years ago, could be quickly put into service. “The remaining line is there, it can be launched right now, in fact,” Kremlin spokesman Dmitry Peskov told reporters. The Nord …
Kremlin says intact section of Nord Stream gas pipelines could be quickly activated Read More »
MOSCOW (Reuters) -Imports of Russian oil to Turkey, Europe’s largest buyer of fuel from Moscow, have declined due to competition from other oil grades, sanctions, and as U.S. President Donald Trump urges allies to stop buying Russia’s oil to cripple its war efforts. Frustrated by Russia’s refusal to halt fighting in Ukraine, Trump has called …
Russian oil imports to Turkey fall as Trump seeks to cut Moscow’s earnings Read More »
(Reuters) -Italy’s cable maker Prysmian has won a contract to build a submarine power cable connecting Italy and Tunisia, it said on Friday in a statement. The contract, awarded by tender of Italy’s power grid operator Terna and the Tunisian electricity grid operator STEG under the Elmed Project, could reach a value of around 460 …
Prysmian wins 460 million euros power cable deal connecting Italy to Tunisia Read More »
By Sabine Siebold BERLIN (Reuters) -Germany is determined not to give in to French aerospace firm Dassault’s demands for higher workshare in a project to develop a new European fighter jet and could press on without France if talks fail, a person briefed on the matter said. German Chancellor Friedrich Merz’s office and the German …
Germany weighs developing fighter jet without Dassault, source says Read More »
By Forrest Crellin PARIS (Reuters) -Workers at French LNG terminals will continue to block ships from discharging until their salary demands are met, two representatives with the CGT union said on Friday. The blockade at three out of four of the country’s terminals has reduced gas outflows from one of Europe’s top gas buyers and …
French LNG supply disrupted by weeks-long strike Read More »
LONDON (Reuters) -Longer-term inflation expectations among the British public have risen this month, according to a survey published on Friday by bank Citi and opinion poll firm YouGov that underscores why the Bank of England is moving cautiously with interest rate cuts. The survey’s measure of inflation expectations in five to 10 years’ time – …
UK longer-term inflation expectations rise as BoE gauges price pressures Read More »
