By Suban Abdulla LONDON (Reuters) -Asking prices for homes put up for sale in Britain have fallen by the most in 14 years for the time of year, according to data published on Monday that adds to signs of softer pricing after the end of a tax break on house sales. Prices dropped by 0.3% …
Asking prices for UK homes show biggest June fall since 2011, Rightmove says Read More »
By Alan Baldwin MONTREAL (Reuters) -The departure from Renault of chief executive Luca de Meo changes nothing for the French carmaker’s Alpine Formula One team, de facto principal Flavio Briatore told Reuters on Sunday. Renault announced Luca De Meo was leaving shortly after the newspaper Le Figaro reported he will take over the leadership of …
Motor racing-De Meo’s exit changes nothing for Alpine F1 team, Briatore says Read More »
By Saqib Iqbal Ahmed, Suzanne McGee and Linda Pasquini NEW YORK/GDANSK (Reuters) -Investors were on edge as financial markets reopened on Sunday, with crude oil prices initially up near 4% as markets were gripped by the escalating threat of a sweeping conflict in the Middle East. U.S. stock futures opened marginally lower. Israel and Iran …
Investors unnerved as Israel-Iran conflict fuels oil market rally Read More »
By Ernest Scheyder (Reuters) -Critical Metals Corp has received a letter of interest from the U.S. Export-Import Bank (EXIM) for a loan worth up to $120 million to fund the company’s Tanbreez rare earths mine in Greenland, in what would be the Trump administration’s first overseas investment in a mining project. The loan, if approved, …
MILAN (Reuters) -Italian merchant bank Mediobanca said on Sunday it had postponed Monday’s shareholder meeting to vote on its bid for Banca Generali to September 25 after some investors requested more information. Mediobanca in April proposed buying private bank Banca Generali, whose main shareholder is Italy’s top insurer Generali with a 50.2% stake, as Mediobanca …
Mediobanca postpones Monday’s investor vote on Banca Generali to September 25 Read More »
(Corrects typographical error in headline) (Reuters) -BT Group Chief Executive Allison Kirkby said advances in artificial intelligence could deepen significant job cuts under way at the British telecoms company, the Financial Times reported on Sunday. Kirkby told the newspaper that BT’s plans to cull more than 40,000 jobs and strip out 3 billion pounds ($4 …
BT boss Kirkby expects AI to deepen job cuts, FT reports Read More »
By Surbhi Misra (Reuters) -Amazon will invest A$20 billion ($12.97 billion) from 2025 to 2029 to expand, operate and maintain its data center infrastructure in Australia, bolstering the nation’s artificial intelligence capabilities, it said in a blog post on Saturday. The investment is Amazon’s largest global technology commitment in Australia, with funding directed toward new …
Amazon to invest $13 billion in Australia’s data center infrastructure over five years Read More »
By Dan Catchpole (Reuters) -Boeing expects global demand for air travel to increase by more than 40% by 2030, driving the need for thousands of new jetliners in the next few years, according to its 20-year demand forecast for commercial airliners released Sunday ahead of the Paris Airshow. The company expects demand for 43,600 new …
By Andreas Rinke BERLIN (Reuters) -Germany wants the European Union’s next seven-year budget to keep a lid on spending, according to a policy paper seen by Reuters on Saturday, with Berlin arguing members do not have room to boost the scope of their contributions. The German economy, Europe’s largest, has contracted for the past two …
Germany sees limited financial leeway on next EU budget, policy paper shows Read More »
(Reuters) -UK’s Metro Bank has been approached about a takeover bid backed by a private equity firm Pollen Street Capital, Sky News reported on Saturday. Reuters could not immediately confirm the report. (Reporting by Yazhini MV in Bengaluru; Editing by Toby Chopra)
