Category: Uncategorized
Deutsche Boerse has started CEO search
Reuters Reuters exclusively reported that German stock exchange operator Deutsche Boerse (DB1Gn.DE) has begun the search for a new chief executive that includes both external as well as internal candidates. The post Deutsche Boerse has started CEO search appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/deutsche-boerse-has-started-ceo-search/
Read MoreItaly hikes deficit targets as economic growth weakens
Reuters Reuters was first to report that the Italian government on Wednesday cut its growth forecasts for this year and next and hiked its budget deficit targets, as rising interest rates hurt the economy and costly green building incentives weigh on public finances. The post Italy hikes deficit targets as economic growth weakens appeared first…
Read MoreEdwards Lifesciences cooperating with EU antitrust regulators
Reuters Reuters exclusively reported that US medical device maker Edwards Lifesciences, a global leader in its field, was the target of an EU antitrust raid a week ago on concerns that it may have abuse its market power. Shares in Edwards Lifesciences shed 2.5% in pre-market trade on the Reuters story. The company, which can…
Read MoreSterling down, UK bonds and stocks rally as inflation unexpectedly slows
Reuters Reuters reported that the Sterling fell to its lowest since late May, while UK government bonds and stocks rallied on Wednesday as data showing inflation slowed more than expected in August raised the possibility that the Bank of England could pause rate hikes this week. The post Sterling down, UK bonds and stocks rally…
Read MoreRepsol challenges Venture Global LNG over failure to supply gas
Reuters Reuters was first to report that Spain’s Repsol SA (REP.MC) has asked an international tribunal to require U.S. gas exporter Venture Global LNG to fulfill its contract for liquefied natural gas or compensate it, according to two people familiar with the matter. The post Repsol challenges Venture Global LNG over failure to supply gas…
Read MoreRussian oil producers send CPC Blend to UAE, open new export route
Reuters Reuters exclusively reported that Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates (UAE) in August and September, traders told Reuters, opening up a new export route as Moscow looks to find new customers and skirt Western sanctions. The post Russian oil producers send CPC Blend to…
Read MoreHitachi offers to sell assets to win EU okay for Thales rail deal
Reuters Reuters exclusively reported that Hitachi (6501.T) has offered to sell assets in France and Germany as well as its core train control technology to gain EU antitrust approval for its 1.7 billion euro ($1.8 billion) buy of Thales’ (TCFP.PA). GTS railway signalling business. The Japanese conglomerate put in its offer to the European Commission…
Read MoreBayer’s new CEO plans to cut management jobs in prelude to overhaul
Reuters Reuters exclusively reported that Bayer’s (BAYGn.DE) new CEO plans to cut management jobs to speed up decision-making as a first step to overhaul the embattled German industrial group, which is facing investor pressure to break up. The post Bayer’s new CEO plans to cut management jobs in prelude to overhaul appeared first on Reuters…
Read MoreECB’s crucial 2024 projection to put inflation above 3%
Reuters Reuters scored two major victories in its reporting this week of the European Central Bank’s cliff-hanger interest rate meeting. First, on the eve of the meeting, it exclusively reported that the ECB would revise upwards its inflation forecasts, acknowledging that inflation would remain above 3% next year – well above target. That was seized…
Read MoreEni, Repsol to upgrade oil-for-debt deal with Venezuela
Reuters Reuters exclusively reported that European oil majors Eni (ENI.MI) and Repsol (REP.MC) plan to expand an oil-for-debt deal with Venezuela under U.S. approval, aiming to supply refined products to state firm PDVSA and boost oil deliveries to Europe. The post Eni, Repsol to upgrade oil-for-debt deal with Venezuela appeared first on Reuters News Agency.…
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