Reuters UK Business

By Elvira Pollina and Jan Lopatka PRAGUE/MILAN (Reuters) -MediaForEurope (MFE) is set to take control of ProSiebenSat.1 after Czech investment group PPF on Wednesday said it would sell its stake in the German broadcaster to the TV group controlled by Italy’s Berlusconi family.  PPF’s move effectively hand MFE the driving seat at ProSieben, making easier …

Berlusconi-backed MFE set to clinch Germany’s ProSieben after PPF sells stake Read More »

By Kate Abnett and Joanna Plucinska BRUSSELS/LONDON (Reuters) -Ryanair’s CEO said on Wednesday he was impressed by the turnaround at Boeing and had been reassured by the planemaker that it would seek approval to boost its monthly output of 737 jets to 42 per month from 38 by October. The Irish airline, Europe’s largest by …

Ryanair impressed by Boeing turnaround, optimistic it can boost output Read More »

By Medha Singh, Sukriti Gupta and Purvi Agarwal (Reuters) -Europe’s STOXX 600 recovered slightly on Wednesday after a selloff in the previous session, as investors eyed political risks in France and awaited earnings from artificial intelligence chip leader Nvidia. The pan-European STOXX 600 index closed up 0.1%, a day after registering its largest drop in …

Europe’s STOXX 600 closes higher, focus shifts to Nvidia results Read More »

KYIV (Reuters) -Ukraine has launched a tender for the right to mine a lithium deposit site in its central Kirovohrad region, Prime Minister Yulia Svyrydenko said on Wednesday. The tender for the “Dobra” site is expected to be the first project in a joint investment fund with the United States that was inked in April …

Ukraine launches tender for lithium deposit site in Kirovohrad region, PM says Read More »

BUDAPEST (Reuters) -Crude oil shipments via the Druzhba pipeline from Russia to Hungary could resume on Thursday in test mode at lower volumes, Hungarian Foreign Minister Peter Szijjarto said in a post on X on Wednesday. Hungary and Slovakia said on Friday that oil supplies via the Druzhba pipeline could be suspended for at least …

Hungary says oil deliveries via Druzhba could resume on Thursday in test mode Read More »

(Corrects syntax in headline) By Savyata Mishra (Reuters) -Abercrombie & Fitch raised its annual sales forecast on Wednesday, driven by robust demand for Hollister dresses and denim jeans as shoppers prioritize spending on trendy apparel undeterred by price hikes. The apparel retailer, whose denim jeans are priced at an average of $100, has driven growth …

Abercrombie & Fitch raises annual sales forecast on Hollister strength Read More »