(Reuters) -Recruiter SThree said on Tuesday improving contractual hiring in the U.S. market, its second-biggest, helped it slow a decline in fee income and maintain its annual profit target, sending its shares up more than 10% in early trade. SThree reported a 13% drop in net fees in the second quarter after a 15% decline …
Recruiter SThree flags improving US contract hiring, boosting shares Read More »
MADRID (Reuters) -The Spanish government is set to impose additional conditions to approve BBVA’s proposed 14 billion euro ($16 billion) hostile takeover of smaller rival Sabadell, newspaper La Vanguardia said on Tuesday, citing unidentified sources. The conditions, different from those of Spain’s antitrust watchdog when it cleared the deal with remedies, would include keeping Sabadell’s …
Spanish government to impose new conditions on BBVA bid for Sabadell, La Vanguardia says Read More »
BERLIN (Reuters) -German machine and car parts maker Schaeffler is considering breaking into the defence sector, CEO Klaus Rosenfeld told the RTL and NTV broadcasters on Tuesday. Rosenfeld said “core competences, some of which have been shaped in the automotive supplier industry over the years, are in demand” in the defence sector, and that Schaeffler …
Schaeffler considers breaking into defence sector, CEO tells German TV Read More »
COPENHAGEN (Reuters) -Norway’s central bank is expected to cut its policy interest rate twice more this year following last week’s surprise reduction in the cost of borrowing from a near 17-year high, a Reuters poll of economists showed on Tuesday. Norges Bank on Thursday cut the rate by 25 basis points to 4.25% due to …
Norges Bank expected to cut rates twice more in 2025: Reuters poll Read More »
ZURICH (Reuters) -The Swiss competition authority said on Tuesday it has opened an investigation into Beiersdorf over whether the German consumer goods group has relative market power over Swiss retailer Migros in a dispute about the cost of its Nivea products. In a statement, the authority known as COMCO said Beiersdorf is allegedly refusing to …
Switzerland investigates Beiersdorf in dispute over Nivea pricing Read More »
GDANSK (Reuters) -Shares of Polish protective clothing maker Arlen Group rose 10% on their stock market debut on Tuesday, marking Warsaw’s second initial public offering (IPO) this year. The company had priced its IPO at 35 zlotys per share, raising 270.9 million zlotys ($73.7 million) and giving it a valuation of 775 million zlotys. Tuesday’s …
Poland’s Arlen debuts 10% above IPO price in Warsaw Read More »
By Corina Pons and Charlie Devereux MADRID (Reuters) -Spanish wine makers are concerned that exports to Britain, their main market for still wine, have fallen in value this year due to higher tariffs linked to alcohol content, and at a faster pace than those of French and Italian rivals. A British regulation introduced in February …
Higher British alcohol tariffs sap exports of Spanish red wine Read More »
(Reuters) -British holiday group Saga said on Tuesday it was in final negotiations with NatWest to offer a range of personal banking products, as the company’s annual holiday bookings tracked ahead of last year, with booked revenue up 14%. Saga offers a range of travel products such as cruises, insurance and financial services particularly to …
Saga’s holiday bookings rise 14%; nears NatWest deal for personal banking products Read More »
By James Davey LONDON (Reuters) -Amazon has deepened its commitment to Britain, with the e-commerce giant saying it plans to invest 40 billion pounds ($54 billion) over the next three years, a move the UK government hailed as a vote of confidence in its economic policies. Elected in 2024, the Labour government has made boosting …
Amazon to invest $54 billion in Britain over next three years Read More »
By Emily Chow and Marwa Rashad SINGAPORE/LONDON (Reuters) -Shipping costs for liquefied natural gas cargoes have rallied to their highest in about eight months with vessel availability tightened by a shift in more ships heading to Asia at the same time as conflict has escalated in the Middle East. The Atlantic freight rate for vessels …
LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict Read More »
