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Germany’s LEG Immobilien considers foreign expansion, merger cast-offs
By Matthias Inverardi DUESSELDORF (Reuters) - German property group LEG Immobilien is looking at expanding abroad and would also consider buying flats from Vonovia or Deutsche Wohnen should their merg...
Syndicated Content Aug 31, 2021
Marketmind: Who’s rocking the boat now?
A look at the day ahead from Sujata Rao. From Fed boss Jerome Powell on Friday to the Cleveland Fed's Loretta Mester on Monday, the doves have been out in force, sending the dollar to two-week lows, T...
Syndicated Content Aug 31, 2021
Lufthansa cash-positive this summer, rescue deal on track – CEO
By Ilona Wissenbach FRANKFURT (Reuters) - German airline Lufthansa will generate positive cash flow this summer, while it should be possible to fully unwind a COVID-19 rescue package in a year's time,...
Syndicated Content Aug 31, 2021
French inflation stronger than expected in August at 3-year high
PARIS (Reuters) - French inflation accelerated more than expected in August at the fastest rate in nearly three years, a preliminary estimate from the INSEE official statistics agency showed on Tuesda...
Syndicated Content Aug 31, 2021
France’s Vivendi sells 2.9% of Universal to Pershing Square for $1.15 billion
PARIS (Reuters) - Billionaire hedge fund manager William Ackman's Pershing Square fund has committed to acquire an additional 2.9% of Universal Music Group (UMG) for $1.149 billion, French conglomerat...
Syndicated Content Aug 31, 2021
Russia’s Yandex restructures JV ownership with Uber in $1 billion deal
MOSCOW (Reuters) -Russian internet giant Yandex said on Tuesday it would buy Uber's stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in a mobility-focused j...
Syndicated Content Aug 31, 2021
Indonesia probes suspected data breach on COVID-19 app
JAKARTA (Reuters) - Indonesia is investigating a suspected security flaw in a COVID-19 test-and-trace app that left exposed personal information and the health status of 1.3 million people, a health m...
Syndicated Content Aug 31, 2021
Prosus buys Indian payments company BillDesk for $4.7 billion
AMSTERDAM (Reuters) -Technology investor Prosus NV said on Tuesday it had agreed to buy Indian payments platform BillDesk for $4.7 billion to complement its own PayU business. "Together, the two expec...
Syndicated Content Aug 31, 2021
Norwegian Air hopeful of travel rebound but keeps cautious stance
By Victoria Klesty and Terje Solsvik OSLO (Reuters) - Norwegian Air forecast its bookings will rise in the months ahead as European travel resumes with the lifting of COVID-19 curbs, but the budget ca...
Syndicated Content Aug 31, 2021
Eat smart: IDEO’s Vivian Barad on rethinking global food systems
By Chris Taylor NEW YORK (Reuters) - At a meal, few people know the long and complicated process of how the food ended up there. Vivian Barad does. As managing director of the food practice for global...
Syndicated Content Aug 30, 2021
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