BERLIN (Reuters) -German medical technology firm Brainlab is expected to price at 80 euros ($93.86) per share in its initial public offering planned for Thursday, the lower end of its offer range, according to a statement from a bookrunner. Books are multiple times oversubscribed at that level, the statement said on Monday. The listing on …
Brainlab IPO expected to price at lower end of range Read More »
HAMBURG (Reuters) -A heat wave in western Europe has lowered water levels on Germany’s Rhine River, hampering shipping and raising freight costs for cargo owners due to additional surcharges as their vessels were unable to sail fully loaded, commodity traders said on Monday. Low water has limited shipping on all of the river south of …
Low water levels hamper shipping in Germany’s Rhine River as heat wave continues Read More »
WARSAW (Reuters) -Polish refiner Orlen will not buy Russian oil for its Czech refinery after June 30, Chief Executive Ireneusz Fafara said on Monday. The contract with Rosneft for Russian oil to be supplied to the Litvinov refinery in the Czech Republic was the last one linking Orlen to Russian oil, it said in a …
Poland’s Orlen will no longer buy Russian oil, CEO says Read More »
By William Schomberg and Suban Abdulla LONDON (Reuters) -Britain’s economy grew at its fastest pace in a year in the first three months of 2025 as homebuyers rushed to beat a deadline on property purchases and manufacturers sped up output ahead of U.S. President Donald Trump’s higher import tariffs. In a bounce that is not …
UK economy grew at fastest pace in a year in Q1 before expected slowdown Read More »
By Christoph Steitz FRANKFURT (Reuters) -Peter Roessner is feeling both sides of Donald Trump’s trade war. While tariff risks mean the CEO of Luxembourg-based hydrogen firm H2Apex can no longer rely on U.S. suppliers for its more than 200 million euro ($235 million) project in Lubmin, Germany, investor interest in European projects is rising. “Investors …
Analysis-Investors flock to Europe as bloc’s stability contrasts with concerns over US Read More »
(Reuters) -Eagle Football Group, the holding company behind Olympique Lyonnais, has appointed women’s football mogul Michele Kang as the president of the financially struggling French club, it said on Monday. Kang, who owns Lyon’s women’s soccer team OL Lyonnes, will also be the CEO of Eagle Football Group, replacing U.S. businessman John Textor. Olympique Lyonnais …
Michele Kang appointed president of Olympique Lyonnais Read More »
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -A million-dollar question will hang over the world’s top central bankers when they meet in Sintra, Portugal, from Monday evening: Is the monetary system centred on the U.S. currency beginning to unravel? The central bank heads of the United States, the euro zone, Britain, Japan and South …
Dollar question hovers over top central bankers meeting in Sintra Read More »
(Reuters) -Dutch location technology company TomTom said on Monday it would cut 300 jobs as it realigns its organization and embraces artificial intelligence as part of its product-led strategy. The group said the staff reductions concern its units working on the application layer, as well as sales and support functions. (Reporting by Mathias de Rozario …
(Reuters) -German import prices decreased by 1.1% year on year in May, the statistics office said on Monday. Analysts polled by Reuters had predicted a 0.8% decrease. The statistics office offers more detailed economic data on its website. (Reporting by Cian Muenster, Editing by Friederike Heine)
By Hadeel Al Sayegh DUBAI (Reuters) -United Arab Emirates’ Tabreed and private equity firm CVC’s infrastructure strategy arm, CVC DIF, plan to acquire Abu Dhabi-based Multiply Group’s district cooling business, according to a statement on Monday. CVC DIF and Tabreed have entered into a partnership to acquire PAL Cooling Holding at an equity value of …
CVC, Tabreed enter partnership to buy UAE district cooling business Read More »
