DUBLIN (Reuters) -AIB Group expects slower loan growth this year due to subdued lending to Irish small businesses and a paring back of financing U.S. renewable energy projects, but repeated its forecast on Friday for growth to pick back up in 2026 and 2027. AIB, one of Ireland’s two dominant lenders, also kept its full-year …
Ireland’s AIB sees slower loan growth on subdued SMEs, US renewable woes Read More »
BUDAPEST (Reuters) -Hungary’s government will draw up plans to protect the country’s jobs and manufacturing after the trade deal between the United States and the European Union, Prime Minister Viktor Orban told public radio on Friday. The U.S. and the EU announced a trade agreement on Sunday setting a 15% tariff on the bloc’s exports …
Hungary government to draw up plans to protect jobs after US-EU trade deal Read More »
(Reuters) -Poland’s manufacturing sector continued to contract sharply in July, although the pace of decline eased slightly compared to June, a survey showed on Friday. The S&P Global Poland Manufacturing PMI registered 45.9 in July, up from 44.8 in June, indicating a marked deterioration in business conditions, S&P Global reported. The July result was in …
Poland’s manufacturing sector contracts sharply in July, PMI shows Read More »
By Joanna Plucinska and Rajesh Kumar Singh LONDON/CHICAGO (Reuters) -European airline shares have soared in the last six months despite geopolitical and economic uncertainty, while those of U.S. airlines have sold off amid a pullback in travel spending. The stock market has been turbulent since the start of this year as U.S. President Donald Trump’s …
Europe’s airline shares outpace US peers amid tariff turbulence Read More »
By David Milliken LONDON (Reuters) -British house prices rose slightly faster than expected in July, but less than earlier in 2025 when the looming expiry of a tax break accelerated sales, while higher wages were improving affordability, mortgage lender Nationwide said on Friday. House prices in July rose by 0.6% on a seasonally adjusted basis, …
UK house prices rise modestly in July, affordability improves, Nationwide says Read More »
By Leo Marchandon and Gianluca Lo Nostro (Reuters) -French IT group Atos reported a decline in its half-year orders and revenue on Friday, hit by subdued commercial activity in France and a challenging market environment, but reaffirmed its sales forecast for the full year. Atos, which expects to close the deal to sell its Advanced …
Atos reports lower orders and revenue, but confirms outlook for 2025 Read More »
By Josephine Mason and Adam Jourdan LONDON/MARSEILLE, France (Reuters) -As U.S. President Donald Trump’s new tariff regime clicks into gear on Friday, producers around Europe are feeling the impact, some holding back shipments, others hiking sticker prices or taking a hit to margins. Some fear they won’t survive at all. The United States will impose …
Europe Inc wakes up to Trump’s new tariff reality Read More »
(Reuters) -Activity across Russia’s manufacturing sector declined at its fastest pace since March 2022 in July, a business survey showed on Friday, with business confidence slipping to an almost three-year low. The S&P Global Purchasing Managers’ Index (PMI) for Russia’s manufacturing sector fell to 47.0 last month from 47.5 in June, sliding further below the …
Russian factory output contracts in July at quickest pace since March 2022, PMI shows Read More »
LONDON (Reuters) -The UK’s Supreme Court will announce a long-awaited ruling on car finance commissions on Friday that could influence whether major banks face a multibillion-pound compensation bill. British lender Close Brothers and South Africa’s FirstRand want to overturn a landmark Court of Appeal judgment, which said brokers must have fully informed consent from customers …
Banks brace for key UK Supreme Court ruling on car finance commissions Read More »
ATHENS (Reuters) -Greece’s Alpha Bank reported higher net earnings for the first half of the year on Friday, backed by strong fee income and credit expansion. The country’s fourth-largest by market value, in which Italian bank UniCredit has a 20% stake, reported normalised net earnings of 459.9 million euros ($525.2 million) versus 436.7 million euros …
Alpha Bank’s H1 profit up on strong fee income, credit expansion Read More »
