Low unemployment amongst young driving demand, says JD Sports boss
LONDON (Reuters) – Historically low unemployment for the young is driving demand for JD Sports Fashion’s trainers, joggers..
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European shares weighed by US debt ceiling concerns, slide in financials
By Sruthi Shankar (Reuters) – European shares slipped on Wednesday as concerns about whether the United States can avoid a debt ..
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Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount
(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock..
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Experian sees annual revenue growth on steady demand
(Reuters) – British credit data firm Experian Plc said on Wednesday it expects its annual organic revenue to grow between 4% and..
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Analysis-Southern Europe braces for climate change-fuelled summer of drought
By Kate Abnett BRUSSELS (Reuters) – Southern Europe is bracing for a summer of ferocious drought, with some regions already suff..
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German economic growth to remain muted in near term – IMF
BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, but..
Finance
EU raw material targets need money and faster permits, sector chief says
BRUSSELS (Reuters) – The European Union will only meet ambitious targets to reduce its reliance on China and other countries for..
News
Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Australian fund Macquarie is raising legal hurdles over a plan backed by Italy&#..
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France to host pro-nuclear meet to push for EU recognition of climate benefits
By Kate Abnett and America Hernandez BRUSSELS (Reuters) -France will host a meeting of ministers from 16 pro-nuclear European states o..
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Platinum facing biggest deficit in years as carmakers snap up metal
LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest d..
Investment
Agnelli investment firm hires former UK minister Osborne
PARIS/LONDON (Reuters) – Lingotto Investment Management, backed by Italy’s Agnelli family, has hired former British financ..
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UK competition watchdog steps up examination of grocery prices
LONDON (Reuters) -Britain’s competition watchdog will step up its work looking into grocery prices, but has so far not seen evid..
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India’s carmakers back zero duty on limited British imports under trade deal – sources
By Aditi Shah and Shivangi Acharya NEW DELHI (Reuters) – Indian carmakers have agreed to eliminate import tax on a limited numbe..
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World stocks climb on hopes of successful debt ceiling outcome
By Nell Mackenzie LONDON (Reuters) -World stocks rose on Monday on cautious optimism ahead of this week’s deliberations over the..
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Economist Odor picked as Slovakia’s caretaker prime minister
By Radovan Stoklasa and Jan Lopatka BRATISLAVA (Reuters) – Respected economist Ludovit Odor was made Slovakia’s interim pr..
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Euro zone industry output falls sharply, with Ireland plunge
BRUSSELS (Reuters) – Euro zone industrial production fell by far more than expected in March as output of capital goods plunged,..
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Record orders, strong sales drive strong Q2 for Siemens Energy
FRANKFURT (Reuters) -Siemens Energy, which supplies equipment and services to the power sector, posted forecast-beating second-quarter..
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Oil slips as economic worries take focus off tighter supplies
By Florence Tan and Mohi Narayan (Reuters) -Oil prices fell on Monday as concerns about fuel demand in the top global oil consumers, ..
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France’s AXA Q1 sales rise 2% as property policy demand grows
PARIS (Reuters) -AXA, Europe’s second-biggest insurance company, said first quarter sales rose 2% from the same period a year ea..
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Analysis-Jet orders boom as airlines fear shortage
By Tim Hepher PARIS (Reuters) – Planemakers can’t build them but airlines can’t stop buying them. Even as they wrest..
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Oil prices head for fourth weekly drop as demand fears weigh
By Rowena Edwards LONDON (Reuters) -Oil prices slipped on Friday, heading for a fourth weekly decline, as renewed economic concerns in..
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G7 finance heads face tricky trade-off in debating steps to counter China
By Andrea Shalal and Christian Kraemer NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) advanced economies will de..
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Orpea slides to annual loss of 4 billion euros on asset depreciation
By Diana Mandia and Federica Mileo (Reuters) -French nursing care provider Orpea, hit by multiple scandals including allegations of ma..
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UK finance minister Hunt: Good news the economy is growing
LONDON (Reuters) – Britain’s finance minister Jeremy Hunt on Friday welcomed the latest GDP data which showed the economy ..
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Audit finds holes in ECB’s management of bank credit risk
FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especia..
News
With UK food price inflation at 46-year high, lawmakers launch probe
By James Davey LONDON (Reuters) – British lawmakers launched an investigation on Friday into the fairness of the country’s..
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Carrefour Brasil in talks with Barzel Properties over $260 million deal
SAO PAULO (Reuters) – Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the sale ..
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Shell shareholders urged by LAPFF to back climate activist’s resolution
By Shadia Nasralla LONDON (Reuters) – Shell shareholders should support a climate activist resolution at its annual general meet..
Investment
Nexi open to options as Banco BPM seeks partner
By Valentina Za MILAN (Reuters) -Italian payments giant Nexi is keen to enter partnerships with lenders and will adjust to their prefe..
Headlines
Swiss prepare to evacuate village threatened by vast landslide
BRIENZ, Switzerland (Reuters) – Swiss authorities have ordered residents to abandon a tiny mountain village in the eastern canto..
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France could tax food industry over high prices – finance minister
PARIS (Reuters) – The French government could use tax measures to claw back profits from the food industry if it does not accept..
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UK brings train operator TransPennine under temporary state control
LONDON (Reuters) -Britain said it will bring TransPennine Express under temporary government control as it cancelled its contract to o..
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Snam confirms guidance after rise in first quarter sales
MILAN (Reuters) – Italian gas grid operator Snam on Thursday confirmed its targets for this year after reporting a 13% year-on-y..
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Man Group picks all-female top team as CEO Ellis retires
By Iain Withers and Sinead Cruise LONDON (Reuters) – Man Group will be led by two women for the first time in its history by the..
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Italy’s Iveco ups 2023 guidance after operating profit jump
(Reuters) – Italian truckmaker Iveco on Thursday raised its guidance for this year, after posting a 63.4% rise in adjusted opera..
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Bank of America opens Luxembourg branch in Europe funds push
LONDON (Reuters) – Bank of America has hired former BNP Paribas banker Benoit Nevouet to be the manager of a newly created Luxem..
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Canada unveils new passport design with more security features, nod to King Charles
(Reuters) – Canada on Wednesday unveiled a new design for passports with advanced security features including a new series with ..
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