ZURICH (Reuters) -UBS is starting a share buyback programme for up to $2 billion in shares, in line with a plan approved at its annual general meeting in April, the Swiss bank said on Monday. The buyback programme is due to start on July 1. UBS said it intends to repurchase up to $2 billion …
UBS starts buyback programme for up to $2 billion in shares Read More »
ZURICH (Reuters) -Swiss Marketplace Group, which is considering an initial public offering, said on Monday it expects to post revenue growth of about 13-15% in 2025 after logging revenues of around 291 million Swiss francs ($364.39 million) last year. The company, which operates online marketplaces, is ready to pursue its IPO, according to two people …
IPO candidate Swiss Marketplace Group sees 13-15% revenue growth in 2025 Read More »
(Reuters) -The trade deal signed between U.S. President Donald Trump and British Prime Minister Keir Starmer lowering some tariffs on imports from Britain has come into effect, the British government said on Monday. British car manufacturers will now be able to export to the U.S. under a reduced 10% tariff quota from an earlier 27.5%, …
Deal that reduced US tariffs on UK cars and aircraft parts comes into effect Read More »
A look at the day ahead in European and global markets from Wayne Cole. It was already a risk-on start to the week in Asia when news broke trade talks between the United States and Canada were back on after Prime Minister Carney agreed to rescind a digital tax as demanded by President Trump. The …
(Reuters) -ASL Strategic Value Fund plans to push shareholders of drugmaker Avadel Pharmaceuticals to vote to remove the company’s board, citing mismanagement in the launch of its flagship sleep disorder drug, the Wall Street Journal reported on Sunday. The fund, which holds shares worth about $15 million in Avadel, plans to publish an open letter …
LONDON (Reuters) -Britain’s financial regulator said on Monday it will make it easier for investment firms to give customers support with their pensions and investments, a move broadly welcomed by finance firms who had complained about the current strict rule book. Under existing rules investment firms are restricted in how much support they can give …
LONDON (Reuters) -Confidence levels among British employers hit a fresh nine-year high this month as companies became more optimistic about the outlook for the economy, according to a survey published on Monday. The Lloyds Bank Business Barometer rose by one point to 51%, the highest since November 2015, adding to an 11-point jump in May …
UK business confidence levels hit highest since 2015, Lloyds says Read More »
WARSAW (Reuters) -Polish power grid operator PSE will on Monday sign a deal to get a loan exceeding 10.8 billion zloty ($2.99 billion) from state-owned bank BGK to build new power transmission lines, the government press office said. PSE had said in January its transmission network development plan for 2025-2034 assumes investment of over 64 …
Polish power grid to get $3 billion loan to build transmission lines Read More »
ROME (Reuters) -The incident on Saturday that led to the suspension of flights in northwestern Italy was caused by a malfunction in the radar transmission system in Milan, Italy’s air traffic controller Enav said on Sunday. New departures and entries into the airspace covered by the system were halted from 8:20 p.m. to 10:20 p.m. …
Radar glitch caused flight halt in northern Italy, air traffic controller says Read More »
PARIS (Reuters) -France’s finance minister has called for extending EU-U.S. trade talks beyond the July 9 deadline in order to secure a better agreement. U.S. President Donald Trump has set the deadline for the trade talks, warning that failure to reach agreement could trigger higher U.S. tariffs on goods from cars to pharmaceuticals. Progress in …
French minister calls for extension of EU-US trade talks Read More »
