By Philip Blenkinsop and Sybille de La Hamaide BRUSSELS/PARIS (Reuters) -Brazil, the world’s largest poultry exporter and main poultry meat importer into the European Union, is no longer allowed to ship poultry and meat products to the EU due to the outbreak of bird flu, the European Commission said on Monday. This comes after Brazil …
Brazil can no longer export poultry and meat to EU due to bird flu Read More »
By Shashwat Awasthi and Emma Rumney (Reuters) -Diageo unveiled a plan on Monday to cut $500 million in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky and Guinness beer looks to turn around its performance and reduce its debts. Cost cuts would come from changes to Diageo’s trade …
Diageo plans cost cuts, asset sales to reduce debt Read More »
By Christian Kraemer BERLIN (Reuters) -Germany’s new finance minister has begun intensive preparations for the 2025 and 2026 budgets, with savings sought despite the government giving itself fiscal room by creating a new infrastructure fund, a document seen by Reuters on Monday showed. After former chancellor Olaf Scholz’s coalition collapsed in November, the last government …
Germany pushes ahead with budget preparations while seeking savings, document shows Read More »
By Lucy Raitano (Reuters) -The pound rose against a weaker dollar and fell against the euro on Monday after Britain agreed a major trade and defence reset with the European Union, though FX market attention stayed on U.S. developments. Britain agreed the most significant reset of ties with the European Union since Brexit on Monday, …
Sterling rises against weaker dollar as UK-EU agree trade reset Read More »
(Reuters) -Britain is to regulate buy now, pay later (BNPL) lenders from next year in a shift the government said would give shoppers stronger rights and more protections from the “wild west” of unregulated borrowing. The move, which comes alongside a wider set of changes to legislation for regulating consumer credit, will mean BNPL is …
KUALA LUMPUR (Reuters) -European planemaker Airbus is holding talks with airlines in Malaysia for its A220 aircraft, state news agency Bernama said on Monday, citing a top company executive. Airbus sees potential for the A220 in Malaysia, where about 150 of its other commercial planes operate, said Anand Stanley, the firm’s Asia-Pacific president, and it expects …
Airbus in talks with Malaysian airlines for its A220 planes Read More »
(This May 16 story was refiled without any changes to text.) STOCKHOLM (Reuters) – Epic Games’ “Fortnite” video game was not available on Apple’s iPhone devices in the European Union and the United States on Friday. Access to Fortnite via Apple’s iPhone Operating System and through its App Store will be unavailable worldwide until Apple …
Epic Games’ Fortnite not available on iPhones in EU and the US Read More »
LONDON (Reuters) -Britain’s Crown Estate, which manages King Charles’ public property, signed a partnership deal with Australian real estate group Lendlease to build new homes and develop science and innovation hubs in the UK, the government said on Monday. Under the joint venture deal, The Crown Estate, which has a 16 billion pound ($21 billion) …
UK’s Crown Estates signs deal with Lendlease to develop housing and science hubs Read More »
By Foo Yun Chee BRUSSELS (Reuters) -European Union antitrust regulators will decide by June 25 whether to clear Mars’ $36 billion takeover of Pringles maker Kellanova, according to a European Commission filing. Family-owned candy giant Mars announced the deal in August last year that will bring together brands from M&M’s and Snickers to Pringles and …
EU antitrust regulators to decide on Mars’ Kellanova deal by June 25 Read More »
BERLIN (Reuters) – Demand is growing for online retail in Germany, the HDE trade association said on Monday, increasing its forecast for the year despite subdued consumer sentiment, with Chinese retail apps intensifying their focus on Europe amid U.S. trade tensions. The HDE now expects 2025 online retail revenue in Germany to increase by 4% …
German trade lobby ups online retail forecast for this year Read More »
