Category Archives:
Copper smelter Aurubis plans 530 million euros in new investments
BERLIN (Reuters) - Europe's largest copper smelter Aurubis scrapped its existing dividend policy and announced 530 million euro ($562.44 million) of growth-oriented investments, the company said on Tu...
Dec 20, 2022
European Commission clears Uniper bailout
PARIS (Reuters) - The European Commission said in a statement on Tuesday it had approved a 34.5 billion euro German plan to recapitalise German natural gas trader Uniper. It said that under EU State a...
Dec 20, 2022
Mexico headline inflation seen rebounding in early December, core inflation to slow – Reuters poll
MEXICO CITY (Reuters) - Mexico's headline inflation is forecast to have rebounded in the first half of December after six fortnights of slowing, backing bets the Bank of Mexico will continue to hike i...
Dec 20, 2022
Ferrari heir sets up succession with trust for supercar firm stake
MILAN (Reuters) - Piero Ferrari, son of founder Enzo and the second largest shareholder in Ferrari, set up a family trust this month to manage his stake of around 10% in the Italian luxury sports carm...
Dec 20, 2022
Siemens Gamesa calls EGM after parent’s tender offer, shrinks board
FRANKFURT/MADRID (Reuters) -Spanish-listed Siemens Gamesa on Tuesday called an extraordinary general meeting for Jan. 25 to let shareholders vote on a planned delisting following a successful tender o...
Dec 20, 2022
U.S. expands dispute settlement consultations over Canadian dairy tariff policies
(Reuters) - Washington is requesting new dispute settlement consultations under the U.S.-Mexico-Canada Agreement (USMCA) trade deal related to Canadian dairy import tariff policies, according to a sta...
Dec 20, 2022
Rise in U.S. gun deaths takes disproportionate toll on young Blacks -study
By Shawana Alleyne-Morris (Reuters) - The increase in firearm-related fatalities among U.S. youth has has taken a disproportionate toll in the Black community, which accounted for 47% of gun deaths am...
Dec 20, 2022
Brazil’s lower house to cut life span of bill that increases spending cap
BRASILIA (Reuters) - Brazilian lawmakers reached an agreement on Tuesday to cut the length of a proposal to expand the country's spending cap to fund social welfare payments, said congressman Claudio ...
Dec 20, 2022
General Mills pet business posts muted sales as retailers cut back on inventory
By Granth Vanaik (Reuters) - General Mills Inc said on Tuesday quarterly sales at its high-margin pet business took a hit due to some key retailers cutting back on inventory, sending its shares down 5...
Dec 20, 2022
Siemens Gamesa names Luijendijk CEO of onshore wind unit
By Andres Gonzalez LONDON (Reuters) - Wind turbine maker Siemens Gamesa has appointed its Asia Pacific boss Richard Luijendijk as chief executive of its onshore unit as it seeks to turn around the bus...
Dec 20, 2022
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