(Reuters) -The European Central Bank’s inflation target of 2% is in reach, ECB President Christine Lagarde was quoted as saying in an interview published on Saturday. In the interview with China’s Xinhua news agency earlier this week which was released on the ECB website, Lagarde said financial stability was a prerequisite for price stability. “We …
By Tim Hepher and Joanna Plucinska PARIS (Reuters) -European planemaker Airbus is nearing a deal to sell A220 passenger jets to Polish carrier LOT after a hard-fought and politically charged contest with Brazilian planemaker Embraer, industry sources said. Barring a last-minute upset, a deal for around 40 of the Airbus regional jets could be finalised …
Airbus nears landmark jet deal with Poland’s LOT, sources say Read More »
MADRID (Reuters) -Spanish telecom company Telefonica said late on Friday it had reached an agreement with Luxembourg-based Millicom International to sell 100% of the shares of its Ecuador unit Otecel S.A. for 380 million dollars. The transaction aimed to further reduce the Spanish company’s exposure to Latin America, after it recently sold its businesses in …
Spain’s Telefonica sells its Ecuador unit at $380 million Read More »
(Reuters) -Eagle Football Holdings, one of the most active investors in global football clubs, has confidentially filed for a U.S. initial public offering, Bloomberg News reported on Friday. Reuters could not immediately confirm the report. The France-based company submitted a draft registration statement to the U.S. Securities and Exchange Commission, the report added, citing a …
Football club investor Eagle files for US IPO, Bloomberg News reports Read More »
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -U.S. investors on Friday sought refuge in safe-haven assets like the dollar and gold, as oil prices surged after Iran retaliated against Israel’s biggest-ever military strike against the major crude producer. Iran launched airstrikes at Israel hours after unprecedented Israeli strikes, stoking some fears of a …
Investors choose safe havens, oil over equities as Middle East erupts Read More »
By Anna Tong, Kenrick Cai and Krystal Hu SAN FRANCISCO (Reuters) -Alphabet’s Google, the largest customer of Scale AI, plans to cut ties with Scale after news broke that rival Meta is taking a 49% stake in the AI data-labeling startup, five sources familiar with the matter told Reuters. Google had planned to pay Scale AI …
Exclusive-Google, Scale AI’s largest customer, plans split after Meta deal, sources say Read More »
By Lawrence Delevingne and Dhara Ranasinghe (Reuters) -World stock markets fell on Friday, and oil prices surged, as Israel launched military strikes on Iran, sparking inflows into safe havens such as gold and the dollar. Early on Friday, U.S. President Donald Trump urged Iran to make a deal over its nuclear program – the primary …
Stocks slump, oil prices surge after Israel attacks Iran Read More »
ORLANDO, Florida (Reuters) – – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist A week that started with investors in a reasonably optimistic mood, betting that the U.S. and China would strike a deal in their trade talks in London, ended on a sour note as Israel’s strike …
(Reuters) -Britain’s Spectris said on Friday it had rejected a second takeover proposal from private equity firm KKR, days after the scientific instruments maker backed a possible competing $5 billion bid from Advent International. Spectris did not provide details on KKR’s proposal, noting only that it was the second proposal by the private equity firm …
Spectris rejects second KKR proposal in favour of Advent’s $5 billion bid Read More »
(Reuters) -Weighed down by tariffs and geopolitical uncertainty, dealmaking has slowed to a crawl across most industries except one: the unglamorous world of data infrastructure. The companies that process the data used to build advanced AI models have become highly sought after targets for legacy tech companies like Meta, Salesforce, and ServiceNow in the scramble …
Unglamorous world of ‘data infrastructure’ driving hot tech M&A market in AI race Read More »
