By Elvira Pollina COLOGNO MONZESE, Italy (Reuters) -MFE-MediaForEurope, the TV group controlled by Italy’s Berlusconi family, may raise its bid for German peer ProSiebenSat.1 to respond to a counter offer by Czech investment group PPF, the head of the media group said. At an event held late on Tuesday at the company’s headquarters near Milan, …
MFE may lift bid for ProSieben, open to talking to PPF Read More »
(Reuters) -Norwegian engineering group Kongsberg is building up production capacity to meet growing orders for its defence products, especially missiles, as European nations bulk up their military spending. Kongsberg, which has customers in defence, aerospace, maritime, energy and fishing industries, booked orders worth 18.18 billion Norwegian crowns ($1.80 billion) in the second quarter, 5% more …
Kongsberg builds up defence production capacity to meet growing orders Read More »
BRUSSELS (Reuters) -The European Union may be nearing a trade agreement with the United States but is struggling to obtain immediate tariff relief and a commitment not to introduce new measures, the head of the European Parliament’s trade committee said on Wednesday. “I see that there might be a corridor for some understanding in the …
EU is pushing for early US tariff relief, ‘stand-still’ clause, says senior lawmaker Read More »
By David Milliken and Lawrence White LONDON, July 9 (Reuters) – Risks to financial markets remain high despite an easing of tensions after the United States paused implementing tariffs announced in April, the Bank of England said on Wednesday. The British central bank said it continued to see dangers from “geopolitical tensions, global fragmentation of …
Bank of England sees ongoing financial stability risks from global tensions Read More »
By Amir Orusov and Rachel More (Reuters) -Volkswagen saw a 1.2% gain in global sales volumes in the second quarter despite a drop in U.S. demand and ongoing tariff uncertainty, thanks to strong uptake in its all-electric offering in Europe, the carmaker said on Wednesday. Year on year, the German auto giant’s sales edged up …
Volkswagen Q2 deliveries rise slightly despite drop in US demand Read More »
(Reuters) -British lender Close Brothers said on Wednesday it would streamline its premium finance division to focus on business clients over individuals due to rising costs and operational complexity. Its shares fell 7.6% by 0835 GMT and were among the biggest losers on the FTSE mid-cap index. Close Brothers will withdraw the service, which allows …
UK’s Close Brothers to revamp premium finance, shares drop 7% Read More »
LONDON (Reuters) -Britain’s Sky said it would launch the country’s fastest broadband service from a major provider, with a 5 gigabits per second (Gbps) connection thanks to its tie-up with network operator CityFibre and a hub using the latest WiFi 7 technology. The pay-TV company, owned by Comcast, announced last year it would start using …
Sky offers UK’s fastest broadband with 5 Gbps service Read More »
(Reuters) -British energy services firm Hunting plans to buy back shares worth $40 million and achieve a higher annual dividend growth as it forecast a 16% jump in first-half core profit, sending shares to a five-month high on Wednesday. Hunting, which manufactures critical components, high‑technology systems and precision parts for the oil and gas industry, …
UK’s Hunting launches $40 million buyback, hikes annual dividend growth target Read More »
(Reuters) -British low-cost airline and travel firm Jet2 said it was premature to give a forecast for fiscal year 2026 as later bookings and global uncertainty clouded visibility into future business, sending shares sharply lower on Wednesday. The global travel and leisure sector is operating against the backdrop of geopolitical disruptions and inflationary cost pressures, …
UK travel firm Jet2 shares drop as later bookings, global jitters weigh Read More »
By Andrius Sytas and Anne Kauranen VILNIUS/HELSINKI/TALLINN (Reuters) -Lithuania and Finland look set to start domestic production of anti-personnel landmines next year to supply themselves and Ukraine because of what they see as the military threat from Russia, officials from the two NATO member states told Reuters. The two countries, which border Russia, have announced …
Exclusive-Finland and Lithuania set to produce anti-personnel mines, officials say Read More »
