Category Archives:
Italy’s De Nora delivers on IPO, but prices at bottom of range
MILAN (Reuters) - Industrie De Nora will become the first company to debut on Italy's main market since Russia's invasion of Ukraine derailed new listings, though it priced its share sale at the botto...
Jun 28, 2022
ECB will keep countries on straight and narrow even if it buys more bonds
SINTRA, Portugal (Reuters) - The European Central Bank's upcoming bond-buying programme will rein in rising borrowing costs for vulnerable euro zone countries while keeping the pressure on their gover...
Jun 28, 2022
Renault teams up with Atos on data gathering, which Renault hopes will cut costs
PARIS (Reuters) - French carmaker Renault is teaming up with software company Atos, the companies said on Tuesday, to collect and analyse data in a "strategic collaboration" which Renault said would r...
Jun 28, 2022
Africa’s dream of feeding China hits hard reality
By Duncan Miriri and Joe Bavier THIKA, Kenya (Reuters) - Watching workers poke avocados from the treetops in an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers revels ...
Jun 28, 2022
Buffett’s Berkshire buys more Occidental shares, raises stake to about 16.4%
(Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Monday it has purchased another 794,389 shares of Occidental Petroleum Corp, giving the conglomerate a nearly 16.4% stake in the Houston, Te...
Jun 28, 2022
OPEC boosts oil income in 2021, well completions drop
By Alex Lawler LONDON (Reuters) - OPEC's oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members' active rigs posted a modest re...
Jun 28, 2022
India’s Zomato sheds nearly $1 billion in valuation over two days after Blinkit deal
BENGALURU (Reuters) - Shares of India's Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second straight day as investors questioned the rationale of the company's deal to buy local ...
Jun 28, 2022
G7 to agree tough line on China market abuse – U.S. official
GARMISCH-PARTENKIRCHEN, Germany (Reuters) - The Group of Seven leading industrialised democracies have agreed to develop a coordinated approach to remedying China's "non-market" international trade pr...
Jun 28, 2022
Spain’s Santander hires Credit Suisse, Goldman to look at Citibanamex bid – source
MADRID (Reuters) - Spain's Santander has hired Credit Suisse and Goldman Sachs to potentially consider a bid for the Citibanamex, Citigroup's retail bank in Mexico, a source familiar with the process ...
Jun 28, 2022
Commodity stocks lead European shares higher on China COVID relief
(Reuters) - European shares rose on Tuesday, led by gains in commodity-linked stocks and automakers after China relaxed its COVID-19 quarantine mandate, while investors awaited ECB President Christine...
Jun 28, 2022
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