A look at the day ahead in European and global markets from Wayne Cole It’s been a down day so far in Asia as a miss on China retail sales underlined how far the country would have to travel to shift away from an export-driven economy to one driven by domestic demand. Clearly consumers there …
Morning Bid: So, China should consume more and the US less? Read More »
LONDON (Reuters) -Asking prices for homes put up for sale in Britain have risen by the least for the late spring period since 2016, according to data published on Monday that added to signs of a slowdown in the country’s housing market after a tax break ended in April. The average price for houses and …
Asking prices for UK homes have smallest spring rise since 2016, Rightmove says Read More »
MOSCOW (Reuters) – The founder of the Telegram messaging app said on Sunday he had refused a request by a Western government, which he did not name but appeared to imply was France, to silence conservative voices in Romania ahead of a presidential election run-off there. Romanians were voting on Sunday in a run-off that …
By Kate Holton LONDON (Reuters) -Britain hopes to secure a reset deal with the European Union on Monday that would boost defence and security cooperation, and smooth the arrival of people and also food into the bloc, its chief negotiator said on Sunday. Prime Minister Keir Starmer will host EU leaders in London on Monday …
UK-EU edge towards a reset on e-gates, food and defence Read More »
(This May 16 story has been refiled to say that Grant is the global deputy CEO of Danone, not the deputy CEO of Danone Americas, in paragraph 2) NEW YORK (Reuters) – Danone introduced a new protein shake under its Oikos yogurt brand this week as rivals Fairlife and Chobani that have similar products gain …
Danone’s Oikos yogurt brand enters protein shake market Read More »
ROME (Reuters) -Germany does not expect Italy’s UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. UniCredit disclosed last year that it had built a web of financial transactions through derivatives to secure a Commerzbank stake of around 28%, and in March received European Central …
Germany does not expect UniCredit to go for full Commerzbank bid at present Read More »
ROME (Reuters) -Italian Prime Minister Giorgia Meloni warned on Saturday that rigid green policies could devastate Europe’s industrial base, and called for a more cautious approach to the ecological transition that protects economic and social stability. Speaking after meeting German Chancellor Friedrich Merz, Meloni said the European Union’s push towards electrification, particularly in the automotive …
Italy’s Meloni warns EU green policies risk ‘industrial desertification’ Read More »
MILAN (Reuters) -The European Investment Bank is working on a new project to enhance European capabilities on artificial intelligence and semiconductors, with the aim of raising 70 billion euros ($78 billion) by 2027, its head said on Saturday. The blueprint is part of the European Union’s efforts to increase its competitiveness against China, the United …
EIB at work on AI, semiconductor investment plan to boost EU competitiveness Read More »
(Reuters) -BT is in advanced talks to sell its 50% stake in British broadcaster TNT Sports to U.S. joint venture partner Warner Bros Discovery, the Financial Times reported on Saturday. Reuters could not immediately confirm the report. A deal could be announced as early as next week, the newspaper reported, citing sources it did not …
BT nears deal to sell TNT Sports stake to Warner Bros Discovery, FT reports Read More »
(Reuters) – The UK takeover panel said on Friday it had planned an auction for May 21 to conclude the sale of Harmony Energy Income Trust, after rival bidders failed to submit final offers for the British battery storage investment firm. The bidding process follows a proposal last month from two funds managed by British …
UK takeover panel sets May 21 auction for Harmony Energy Read More »
