(Reuters) -Daimler Truck Holding, one of the world’s biggest truckmakers, said on Monday it would conduct a new share buyback program worth up to 2 billion euros ($2.35 billion). The German truckmaker will acquire its own shares over a period of up to two years, starting in the second half of 2025, it said in …
Daimler Truck announces 2 billion eur share buyback Read More »
(Reuters) -BP on Monday appointed Simon Henry, former finance chief of Shell, to its board as a non-executive director effective September 1. Henry, who worked at Shell for over three decades, was its chief financial officer between 2009 and 2017 and is currently a non-executive director at Rio Tinto, from where he will step down …
(Reuters) -Britain’s main stock indexes ended lower on Monday as investors parsed through a bunch of corporate updates and focussed on developments around U.S. tariff policy. The blue-chip FTSE 100 dipped 0.2%, while the domestically oriented FTSE 250 slipped 0.1%. U.S. President Donald Trump said on Sunday that Washington was close to finalising several trade …
FTSE 100 dips as Shell weighs, investors eye US tariffs Read More »
By Sukriti Gupta, Sanchayaita Roy and Shashwat Chauhan (Reuters) -European shares ended higher on Monday, driven by gains in technology and bank stocks at the start of a week where investors are on the lookout for any trade-related headlines in the countdown to U.S. President Donald Trump’s tariff deadline. The pan-European STOXX 600 index ended …
European share rise on tech, banks boost with focus on US trade negotiations Read More »
MILAN (Reuters) -Italian automaker DR Automobiles said on Monday it would invest 50 million euros ($59 million) in its production site in Macchia d’Isernia and hire 300 people to fund its growth. Based in the southern Italian region of Molise, DR assembles low-cost cars, including fully electric models, produced by the Chinese car manufacturers Chery, …
DR Automobiles invests 50 million euros in its Italian plant, hires 300 people Read More »
MADRID (Reuters) -Blackstone’s gambling company Cirsa confirmed on Monday the share price of 15 euros ($17.60) in an oversubscribed initial public offering that floats at least 18% of the capital and values the whole company at 2.52 billion euros. The IPO, whose planned terms were announced on June 30, is the first in Spain since …
IPO values Blackstone’s gambling co Cirsa at 2.52 billion euros Read More »
MILAN (Reuters) -The board of Mediobanca will gather on Friday to discuss an unsolicited takeover offer by rival Monte dei Paschi di Siena and give formal advice to shareholders, a person with knowledge of the matter said on Monday. Mediobanca has slammed the offer as hostile. But under Italian takeover rules, the board of a …
Mediobanca to give formal opinion on Friday on Monte dei Paschi’s bid, source says Read More »
BUDAPEST (Reuters) -Budapest Airport resumed operations on Monday after a temporary halt when runways were closed as they were covered in debris due to a heavy storm, the airport’s operator said in a statement on its Facebook page. The airport cleaned up one of its two runways and traffic restarted at 1400 GMT, Budapest Airport …
Budapest Airport resumes operations after storm damage Read More »
DUBAI (Reuters) -Barclays has appointed Khaled El Dabag and Walid Mezher as co-CEOs for the Middle East region, it said in a statement on Monday. The two executives will be based in Dubai and report to Stephen Dainton, Barclays Bank’s president and head of investment bank management. El Dabag, who joined Barclays in 2014, is …
MOVES-Barclays names Khaled El Dabag and Walid Mezher co-CEOs for Middle East Read More »
MOSCOW (Reuters) -Russia’s budget deficit reached 3.69 trillion roubles ($46.89 billion), or 1.7% of gross domestic product (GDP), in the first half of the year, the same as expected for the full year, the finance ministry said. The deficit for the first half of the year was higher than in the first five months of …
Russia budget deficit reaches 2025 target level of 1.7% GDP in first half of year Read More »
