Category Archives:
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
Garuda Indonesia halves debt with restructuring, on track for profit – government
JAKARTA (Reuters) - Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations that have set the airline up for profitability, the Indonesian governmen...
Jun 28, 2022
Michelin to transfer its Russian activities to local management
(Reuters) - Michelin intends to transfer its activities in Russia to local management by the end of the year, the French tire maker said on Tuesday. "Michelin now confirms that it is technically impos...
Jun 28, 2022
Marketmind: The Sintra stage
A look at the day ahead in markets from Sujata Rao The Portuguese village of Sintra has been the scene of momentous speeches by European Central Bank policymakers. They include Mario Draghi's hawkish ...
Jun 28, 2022
French consumer confidence falls more than expected in June
PARIS (Reuters) - French consumer confidence fell more than expected in June, hitting a near nine-year low as concerns about the economic outlook surged in the face of high inflation and political unc...
Jun 28, 2022
Norway could allow airline SAS to convert debt to equity
By Gwladys Fouche OSLO (Reuters) -Norway will support a plan by airline SAS to convert debt into equity under certain conditions but does not plan to remain a long-term stakeholder, Industry Minister ...
Jun 28, 2022
UK green supply chain startup Circulor raises $25mln for US expansion
By Nick Carey LONDON (Reuters) - UK startup Circulor, which uses blockchain technology to map supply chains for companies pursuing greener, more sustainable production, said on Tuesday it had raised $...
Jun 28, 2022
Britons seek cheaper grocery options as inflation bites – NielsenIQ
By James Davey LONDON (Reuters) - Britons are shifting to cheaper food alternatives in their supermarket shopping as they try to navigate a worsening cost of living crisis, industry data showed on Tue...
Jun 28, 2022
Philips sees ‘very encouraging’ results from tests on recalled ventilators
AMSTERDAM (Reuters) - Dutch health technology company Philips said on Tuesday that it had seen "very encouraging" results from independent tests on the ventilators it recalled last year due to concern...
Jun 28, 2022
Bank of Italy head could leave post early – paper
ROME (Reuters) - The governor of the Bank of Italy could leave his post in October, a year ahead of schedule, paving the way for the appointment of a successor before a general election due in the fir...
Jun 28, 2022
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