Category: Uncategorized
Czech central bank’s Frait expects rate cut debate this autumn
Reuters Reuters exclusively reported that the Czech central bank will begin debating lowering interest rates as soon as this autumn as it expects inflation to drop sharply particularly at the beginning of next year. The post Czech central bank’s Frait expects rate cut debate this autumn appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/czech-central-banks-frait-expects-rate-cut-debate-this-autumn/
Read MoreEU regulators rebuff Meta’s offer to curb use of ad data
Reuters Reuters exclusively reported that Meta Platforms (META.O) offered to curb the use of competitors’ advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators gave it the cold shoulder. The post EU regulators rebuff Meta’s offer to curb use of ad data appeared first…
Read MoreRomanian port can ship more Ukraine grain after collapse of Black Sea deal
Reuters Reuters exclusively reported that Romania’s Constanta port, Ukraine’s main alternative route for grain since Russia’s withdrawal led to the collapse of the Black Sea shipment deal, has capacity to handle extra cargoes until mid-August. The post Romanian port can ship more Ukraine grain after collapse of Black Sea deal appeared first on Reuters News…
Read MoreKey bidders in Ascential break-up quit auction
Reuters Reuters exclusively reports key bidders for the auction of Ascential’s consumer data unit drop out. Reuters was first to reveal that the main bidders for the consumer data arm of UK media group Ascential (ASCL.L) walked away from the auction, casting doubt over attempts to break up the 1-billion-pound ($1.29 billion) group. The news…
Read MoreThyssenkrupp to win EU nod for $2.3 bln German steel subsidies
Reuters Reuters exclusively reported that the European Commission would approve 2 billion euros in state aid for Thyssenkrupp’s plan to build a green steel plant at its headquarters in Duesseldorf. Sources told Reuters two days in advance that a decision in favor of the grant could come as soon as July 20, the day the…
Read MoreBlack Sea grain deal: Russia refuses to renew and says no guarantees for ships now
Reuters Reuters was first to report that Russia was withdrawing from the UN-brokered agreement for a wartime safe shipping channel for Ukraine’s grain exports. The Monday announcement pushed global wheat prices sharply higher. U.S. wheat futures also jumped 8.5% on Wednesday and European grains soared after Reuters reported, ahead of competition, that Moscow would deem…
Read MoreRussia sets plans for oil export cuts in August
Reuters Reuters exclusively reported that Russian oil exports from western ports are set to fall by some 100,000-200,000 barrels per day next month from July levels, a sign Moscow is making good on its pledge for fresh supply cuts in tandem with OPEC leader Saudi Arabia. The post Russia sets plans for oil export cuts…
Read MoreMoonLake Immunotherapeutics explores sale
Reuters MoonLake Immunotherapeutics (MLTX.O), a developer of an antibody-derived treatment for inflammatory skin conditions, is working with an investment bank and having early-stage conversations with drugmakers interested in a potential acquisition. The post MoonLake Immunotherapeutics explores sale appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/moonlake-immunotherapeutics-explores-sale/
Read MoreAXA weighs offloading $2 billion reinsurance arm to cut disaster risk
Reuters Reuters exclusively reported that one of the world’s top insurers is considering a private sale or stock market listing of its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes. The post AXA weighs offloading $2 billion reinsurance arm to cut disaster risk appeared first on Reuters News…
Read MorePolish terminal set from 50% volume jump as Russian oil ditched
Reuters Reuters exclusively reported that Poland’s Naftoport oil terminal is set for another year of record volumes and plans to build a new jetty for supertankers as Moscow’s decades-long dominant supplier role in Poland and eastern Germany comes to an end. The post Polish terminal set from 50% volume jump as Russian oil ditched appeared…
Read More