Hershey, Mondelez bet big on Easter as cocoa price crisis looms
(This March 26 story has been refiled to correct the data source to ‘NielsenIQ’ from ‘Nielsen’ in paragraph 23..
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Greece to raise monthly minimum wage by 6.4% to 830 euros
ATHENS (Reuters) – Greece will raise its monthly minimum gross wage by 6.4% to 830 euros, the conservative government said on Fr..
Finance
Syngenta ditches multi-billion dollar China IPO bid
BEIJING (Reuters) -Swiss agrichemicals and seeds group Syngenta on Friday withdrew its bid for a multi-billion dollar listing on the S..
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India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say
By Shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to prioritise completion of free trade d..
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UK’s Thames Water in crisis after shareholders refuse to pay up
LONDON (Reuters) -Thames Water, Britain’s biggest water utility, said on Thursday its shareholders had refused to pay 500 millio..
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Mercedes partly loses class action case over diesel defeat devices
BERLIN (Reuters) – A German court ruled on Thursday partly in favour of consumers in a class action suit against Mercedes Benz o..
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UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger
LONDON (Reuters) -Britain’s competition regulator said on Thursday that it has decided not to open an in-depth ‘phase 2..
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JD Sports’ January sales fall in ‘challenging’ market
LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dro..
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French company Valeo to use more Google Cloud AI tools
PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlight..
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Analysis-Foreign firms’ losses from exiting Russia top $107 billion
(Reuters) – The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billio..
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Climate change, AI in focus at Commonwealth’s Oct meet in Samoa
SYDNEY (Reuters) -Climate change and efforts to keep up with advances in artificial intelligence top the agenda for a Commonwealth mee..
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UK homeowners and businesses resilient to high interest rates, BoE says
LONDON, March 27 (Reuters) – British mortgage holders and businesses are generally coping well with high interest rates and prob..
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Analysis – Europe’s gas stocks point to healthy supply next winter
LONDON (Reuters) – The European Union will have plenty of gas in stock next winter and the remaining buyers of Russian pipelin..
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Factbox-European companies cut jobs as economy sputters
(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layo..
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Ferrari to expand cooperation with battery supplier SK On
MILAN (Reuters) – Luxury sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) batt..
Business
Shares edge higher; yen’s drop to 1990 low lifts Nikkei
By Kevin Buckland and Amanda Cooper LONDON/TOKYO (Reuters) – Global shares rose on Wednesday, nudged higher by a rally in Japane..
Finance
Olympics-Parisians get ready to leave city with rental cash in pocket
PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hits..
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Big Oil’s climate planning not good enough, investor group says
By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe’s and North America’s biggest li..
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Brazil, France launch $1.1 billion program to protect Amazon rainforest
By Ueslei Marcelino BELEM, Brazil (Reuters) -Brazil and France on Tuesday launched an investment program to protect the Brazilian and ..
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Unlocking Opportunities: The Advantages of Government-Approved Special Economic Zones
Special Economic Zones (SEZs) stand as bastions of economic innovation strategically crafted to catalyze growth and development. These..
Business
UK’s ASOS posts 18% drop in first-half sales
LONDON (Reuters) – Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet ..
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German consumer sentiment stays on slow recovery path, finds GfK
BERLIN (Reuters) – German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer househol..
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France’s Atos seeks debt restructuring plan by July after record losses
(Reuters) -French IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday, after posting record a..
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Consumers need better protection against the cost of environmental regulations
Tighter environmental regulations can boost industry profits and drive up costs for consumers, finds research from Aalto University Sc..
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RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores
RiverRock – a specialized alternative investment firm, part of the CFE Finance Group – through RiverRock Brownfield Infrastructu..
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Google, Apple breakups on the agenda as global regulators target tech
BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust regulators on both sides of the Atlanti..
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Home improvement retailer Kingfisher warns on profit outlook
LONDON (Reuters) -European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analysts..
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Talgo’s top shareholder in talks with Stadler over takeover bid, report says
MADRID (Reuters) – Talgo’s top shareholder is in talks to sell its 40% stake in the Spanish train maker to Swiss rival Sta..
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Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander
MADRID (Reuters) – BBVA’s share price has more than trebled since late 2020, narrowing its valuation gap to Santander and ..
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Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers
LONDON (Reuters) – Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systemat..
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Oil rises as heightened geopolitical risks exacerbate supply concerns
TOKYO (Reuters) – Oil prices rose in early Asian trading on Monday on concerns over tighter global supply brought about by escal..
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Australia’s ANZ Group to settle credit cards class action for $37.4 million
(Reuters) – Australia’s ANZ Group said on Monday it had agreed to settle a class action suit related to interest charged o..
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Thousands of Spanish bank staff strike to demand pay rise, union says
MADRID (Reuters) – Around 60,000 banking employees across Spain went on strike on Friday to demand pay rises they see as justifi..
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Air Europa says customer data may have been compromised in October breach
(Reuters) -Spanish airline Air Europa said on Friday personal data of its customers may have been compromised in a security incident t..
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Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start
Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start By Jesús Aguado MADRID (Reuters) -Spain’s Sant..
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European Championship won’t save German economy, study shows
European Championship won’t save German economy, study shows BERLIN(Reuters) – The European Championship to be held in Ger..
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Dollar set for weekly rise as Swiss cut signals potential rates gap
Dollar set for weekly rise as Swiss cut signals potential rates gap By Tom Westbrook SINGAPORE (Reuters) – The U.S. dollar was s..
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