(Reuters) -Dutch financial services company Aegon on Wednesday launched its Aegon Investment Grade Climate Transition Fund, which is designed to support the transition to a low-carbon economy while delivering good returns for investors. WHY IT’S IMPORTANT: The launch of Aegon’s new fund comes two months after Europe eased state aid rules to boost environmentally-friendly projects …
BERLIN (Reuters) -German Chancellor Friedrich Merz has agreed with French President Emmanuel Macron to take a decision on the future of the Franco-German fighter jet programme FCAS by the end of the year, Merz said on Wednesday. “This will not be discussed at the upcoming government consultations (on Thursday and Friday in the south of …
Decision on Franco-German fighter jet to be taken by year-end, says Merz Read More »
BRUSSELS (Reuters) -European Union targets to cut CO2 emissions from vehicles, including a 100% reduction for cars by 2035, are no longer feasible, the heads of the European automobile manufacturers’ and automotive suppliers’ associations said on Wednesday. European Commission President Ursula von der Leyen is set to host automotive sector executives on September 12 to …
EU auto groups press for change to ‘no longer feasible’ car CO2 emission targets Read More »
By Rafal Wojciech Nowak and Jagoda Darlak (Reuters) -Swiss fragrance and flavour maker Givaudan on Wednesday set new 2030 growth targets and announced a succession plan for its long-serving CEO Gilles Andrier, who will retire in March 2026 after 20 years leading the company. Danone executive Christian Stammkoetter has been designated as his successor. The …
Fragrance maker Givaudan names new CEO, unveils 2030 growth strategy Read More »
FRANKFURT (Reuters) -U.S. defence contractor Lockheed Martin is seeking to have German peer Rheinmetall manufacture missiles including ATACMS and Hellfire types in Germany, business magazine WirtschaftsWoche cited a Lockheed executive as saying. “We are already actively discussing additional manufacturing – including for ATACMS and Hellfire missiles,” Lockheed’s Europe head Dennis Goege told WirtschaftsWoche, adding that …
Lockheed Martin seeks to have missiles produced by Rheinmetall, WiWo reports Read More »
PARIS (Reuters) -French President Emmanuel Macron, referring to a slump this week in the French stock and bond markets ahead of a looming government confidence vote, told members his cabinet that France was solid, a government spokesperson told reporters. “France is a solid country with solid economics … but we must take the reins of …
Macron, referring to French market slump, says France is solid -spokesperson Read More »
By Jaspreet Kalra August 27 (Reuters) -Sterling slipped on Wednesday as the U.S. dollar firmed against major currencies, recouping losses spurred by investor worries over independence of the U.S. Federal Reserve while traders also digested UK’s producer price inflation data. The UK unit was down 0.33% at $1.3434, trailing a fall in the euro which …
Sterling retreats as dollar rebounds, traders digest British PPI Read More »
OSLO (Reuters) -Norway’s biggest utility, state-owned Statkraft, said on Wednesday it has agreed to sell its renewable energy development activities in the Netherlands to Dutch firm Greenchoice for an undisclosed sum. The share purchase agreement covers 120 megawatt peak (MWp) of operating solar power assets and as well as a portfolio of solar, wind and …
Norway’s Statkraft agrees sale of Dutch renewables business Read More »
LONDON (Reuters) -A downturn in British retail sales entered its 11th consecutive month in August and shops raised their prices by the most since late 2023, a Confederation of British Industry survey showed on Wednesday. The CBI’s monthly gauge of how retail sales compared with a year earlier was little changed at -32 from July’s …
UK retailers suffer 11th month of downturn, prices rise sharply, CBI says Read More »
(Reuters) -The European Union is aiming to expedite legislation to remove all tariffs on U.S. industrial goods by the end of the week, a demand made by President Donald Trump before the U.S. will lower its duties on the bloc’s automobile exports, Bloomberg News reported on Wednesday. Reuters could not immediately confirm the report. (Reporting …
European Union mulls removing US tariffs this week, Bloomberg News reports Read More »
