Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source
MILAN (Reuters) – Private equity firm Cinven has agreed to buy back 160 million euros ($170 million) of debt sold by its insurer..
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Novartis confirms Sandoz spin-off for October 4, 2023
ZURICH (Reuters) – Novartis on Monday confirmed its plans for a 100% spin-off of the Sandoz business on Oct. 4 after shareholde..
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Lego abandons effort to make oil-free bricks – FT
(Reuters) – Danish Toymaker Lego has abandoned its effort to ditch oil-based plastics from its bricks after finding that its new..
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Macron wants fuel industry to sell at cost price
PARIS (Reuters) – French President Emmanuel Macron said on Sunday the government would ask the fuel industry to sell at cost pri..
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Safran CEO sees supply chain pressure through 2024
PARIS (Reuters) -Global aerospace supply chains will remain under pressure throughout 2024, Safran CEO Olivier Andries said on Friday..
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UK’s Mothercare says it expects to complete refinancing shortly
(Reuters) -Mothercare expects to complete a refinancing shortly and will remain in discussions with stakeholders and financing partner..
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France’s Eramet and Suez pick Dunkirk for EV battery recycling
PARIS (Reuters) – Eramet and Suez have chosen Dunkirk as the location for a planned electric vehicle (EV) battery recycling faci..
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Analysis-A year after budget crisis, UK debt faces fresh pensions headwind
By Yoruk Bahceli and Carolyn Cohn LONDON (Reuters) – Britain’s pensions industry, Europe’s biggest, is posing a new..
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Warner Bros to expand British studios’ production capacity by over 50%
By David Lawder (Reuters) -Warner Bros Discovery on Thursday said it planned to expand production capacity at its Leavesden studios n..
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Irish consumer sentiment drops to six-month low, survey shows
DUBLIN (Reuters) – Irish consumer sentiment slumped to a six-month low in September, a survey showed on Friday, pointing to an ..
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UK’s Hunt says unclear when taxes can be cut amid interest cost pressure
(Reuters) -British finance minister Jeremy Hunt said on Thursday that higher long term interest rates were pressuring the budget and i..
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Russia temporarily bans fuel exports to most countries in response to shortages
MOSCOW (Reuters) -Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet sta..
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More than a fifth of cars sold in EU in August were full EVs – ACEA
By Nick Carey LONDON (Reuters) – Just over one in five new cars sold in the European Union in August was fully electric, as sal..
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Oil falls ahead of Fed rate policy announcement
By Yuka Obayashi and Emily Chow TOKYO (Reuters) – Oil prices retreated further from 10-month highs on Wednesday ahead of the U...
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King Charles heads to France for three-day state visit
By Elizabeth Pineau and Michael Holden PARIS (Reuters) – King Charles will arrive in France on Wednesday for a three-day state ..
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UK PM Sunak to announce more ‘proportionate’ climate response
By Elizabeth Piper and William James LONDON (Reuters) -British Prime Minister Rishi Sunak will give a speech this week in which he is..
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Musk’s Neuralink to start human trial of brain implant for paralysis patients
Reuters) -Billionaire entrepreneur Elon Musk’s brain-chip startup Neuralink said on Tuesday it has received approval from an in..
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Novo Nordisk contracts South Africa’s Aspen to produce insulin for African nations
By Maggie Fick LONDON (Reuters) – Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South ..
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B&Q owner Kingfisher cuts profit forecast as Poland, France drag
LONDON (Reuters) -European home improvement retailer Kingfisher downgraded its annual profit forecast by 7% on Tuesday, after a drop i..
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UK’s Hargreaves Lansdown bets on increased savings to sustain growth
By Khushi Mandowara (Reuters) -Hargreaves Lansdown is betting on savers to fuel growth despite subdued investment and trading activit..
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Tour operator TUI confirms full-year outlook on back of strong bookings
LONDON (Reuters) -Tour group TUI on Tuesday confirmed its full-year outlook for the 2023 financial year, citing strong bookings in the..
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Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut
By Mimosa Spencer and Elisa Anzolin MILAN/PARIS (Reuters) – Gucci creative director Sabato De Sarno takes to the runway in Mila..
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Societe Generale vision falls flat as Europe’s banks falter
LONDON/DUBLIN (Reuters) -Societe Generale’s much-hyped new strategy plans were given a thumbs down by investors on Monday, under..
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Santander creates two new global businesses for retail, consumer areas
MADRID (Reuters) -Spain’s Santander is consolidating its retail, commercial and consumer activities across all markets under two..
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Italy relies on GDP revisions to limit 2023 deficit rise -sources
Italy relies on GDP revisions to limit 2023 deficit rise -sources By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy hopes..
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ECB to tackle excess liquidity in next stage of inflation fight -sources
FRANKFURT (Reuters) -European Central Bank policymakers want to soon start discussing how to tackle the multi-trillion-euro pool of ex..
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King Charles and France’s Macron hope to build on personal bond post-Brexit
By Michel Rose, Elizabeth Pineau and Michael Holden PARIS (Reuters) -After flames engulfed France’s Notre-Dame cathedral in 201..
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EU reticent to postpone Brexit tariffs on EVs, says UK auto body
By Sachin Ravikumar LONDON (Reuters) – The European Union is reticent about agreeing to Britain’s plea to postpone loomin..
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Dollar steady as week of key central bank decisions kicks off
NEW YORK (Reuters) -The U.S. dollar held steady against a basket of currencies on Monday, hovering near a six-month high as traders lo..
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Britain hands $621 million to Tata Steel, 3,000 jobs could go
By Sarah Young LONDON (Reuters) -Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, ..
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Italy’s Edison inaugurates power station partly funded by citizens
QUASSOLO, Italy (Reuters) – Italian utility Edison on Friday inaugurated a new hydroelectric power station partly financed by t..
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ECB’s Lagarde: rate cut not on the agenda
SANTIAGO DE COMPOSTELLA (Reuters) – An interest rate cut is not on the European Central Bank’s agenda, ECB President Chri..
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Apple to update iPhone 12 software in France to settle radiation row
By Elizabeth Pineau PARIS (Reuters) – Apple said on Friday it would issue a software update for iPhone 12 users in France to se..
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Bootmaker Dr Martens to offer repairs in sustainability step
LONDON (Reuters) -Dr Martens plans to launch a shoe repair service in Britain next month as it seeks to polish its sustainability cred..
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China to manage monkeypox as disease on par with COVID-19
BEIJING (Reuters) -China plans to manage monkeypox in the same way it handles infectious diseases such as COVID-19 starting from Sept..
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SAP’s India arm eyes more patents, jobs amid AI push
SAP’s India arm eyes more patents, jobs amid AI push By Hritam Mukherjee and Navamya Ganesh Acharya BENGALURU (Reuters) -SAP SE&..
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No Kuehne counter offer on table for Hamburg port operator – authority
BERLIN (Reuters) – The city of Hamburg’s economy authority said there was no counter offer on the table from billionaire ..
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