BERLIN (Reuters) -Uniper said on Wednesday it would sell its 18.26% shareholding stake in AS Latvijas Gaze to Energy Investments SIA, as the German utility fulfills one of the conditions of a government bailout it received in 2022. When Germany rescued Uniper in the wake of Europe’s energy crisis, the European Commission gave its consent …
Uniper sells stake in Latvijas Gaze under bailout conditions Read More »
(Reuters) -British construction company Galliford Try said on Wednesday it expects annual revenue and profit to top analyst estimates as it benefits from the government’s focus on infrastructure development, sending its shares to a record high. Finance minister Rachel Reeves in June laid out a more than 2 trillion pounds ($2.7 trillion) investment plan to promote …
Galliford Try sees annual results above market view, shares hit record Read More »
(Reuters) -Volkswagen’s core VW brand saw global sales volumes of electric vehicles gain 14.3% during the first half of the year as the German carmaker underscores its leading European market position in the segment, Handelsblatt reported on Wednesday. Without specifying its sources, the newspaper added that Volkswagen-branded EV unit sales in Europe were up by …
VW branded e-car sales up 14% in H1, Handelsblatt reports Read More »
HAMBURG (Reuters) -Trials to reopen the Mosel river in western Germany to domestic freight shipping have initially been successful with ships able to use a damaged lock for sailing in both directions, navigation authorities said on Wednesday. Shipping was stopped on the river, a key transit route for grains and rapeseed between Germany and France, …
German tests to reopen Mosel river to shipping successful, authorities say Read More »
MADRID (Reuters) -Spanish airport operator Aena plans to raise the fees it charges airlines by 6.5% in 2026 as it needs more cash to fund investments, newspaper El Pais reported on Wednesday, citing unidentified sources close to the negotiations. The airport operator has already asked competition watchdog CNMC to approve the increase, which would raise …
Spanish airport operator Aena seeks 6.5% hike in airline fees next year, El Pais says Read More »
(Reuters) -British pub operator Young & Co’s Brewery on Wednesday reported 7% like-for-like sales growth for the first 14 weeks of its financial year, as warm spring and early summer helped support demand for its beverages and food. Britain, along with the rest of Europe, is seeing a rapid rise in temperatures, driving people to …
Young & Co’s sales rise as sweltering heat drives patrons to pubs Read More »
By Amy Lv and Lewis Jackson BEIJING (Reuters) -U.S. President Donald Trump said on Tuesday he would announce a 50% tariff on copper imports, sending U.S. Comex copper futures up more than 12% to a record high. Prices on the Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) fell in the aftermath as the …
Markets react after Trump announces 50% copper tariff Read More »
ROME (Reuters) -Italy’s Leonardo has agreed to buy Sweden’s Axiomatics, a source told Reuters on Wednesday, marking a further step in the company’s efforts to expand its cybersecurity business. The source, close to the matter, did not disclose the value of the deal, first reported in Italian financial newspaper MF. Axiomatics did not immediately reply …
Italy’s Leonardo to buy Sweden’s Axiomatics, source says Read More »
GDANSK (Reuters) -Parcel locker firm InPost has acquired Spanish delivery company Sending to enhance its presence in the Iberian Peninsula and integrate the 24-hour door-to-door delivery service previously provided by Sending, it said on Wednesday. WHY IT’S IMPORTANT InPost, which has built a stronghold in its home market Poland, has been gaining traction abroad. The …
InPost buys Spain’s Sending to expand delivery network in Iberia Read More »
By Yoruk Bahceli and Leigh Thomas LONDON/AIX-EN-PROVENCE, France (Reuters) -France is missing out on the investor optimism that has defined Europe’s markets this year, hamstrung by its strained public finances and political volatility that threatens to paralyse policy until at least 2027. Global investors and French executives cite the risk that budget negotiations could trigger …
Analysis-Political chaos leaves France sidelined as investors warm to Europe Read More »
