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Nexi shares fail to open on bid report as CVC declines to comment
MILAN (Reuters) - Shares in Italy's Nexi failed to start trading at open on Wednesday due to excessive gains fuelled by a media report of a possible bid by CVC Capital Partners which the private equit...
Syndicated Content Oct 18, 2023
Exclusive-China’s Nio considers tapping dealers to boost EV sales in Europe – sources
SHANGHAI (Reuters) - Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, three sources familiar with the matter said, even as China's EVs fa...
Syndicated Content Oct 18, 2023
Australia antitrust watchdog to oversee domestic air travel sector
SYDNEY (Reuters) - Australia will ask its competition watchdog to monitor domestic passenger flights in a bid to boost competition in a sector dominated by national carrier Qantas, which is under scru...
Syndicated Content Oct 18, 2023
Adidas shares jump after 2023 guidance raise
LONDON (Reuters) - Shares in Adidas gained 4% at the open on Wednesday after the sportswear firm raised its guidance for the year in a surprise third-quarter results pre-release. Adidas said it now ex...
Syndicated Content Oct 18, 2023
Analysis-US throws Nvidia a lifeline while choking off China’s chipmaking future
By Stephen Nellis and Max A. Cherney SAN FRANCISCO (Reuters) - While stripping China's access to key U.S. artificial intelligence chips, the Biden administration's sweeping new rules also quietly thre...
Syndicated Content Oct 18, 2023
Infineon signs semiconductor supply deal with automakers Hyundai, Kia
BERLIN (Reuters) - German chip manufacturer Infineon said on Wednesday it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric cars. Inf...
Syndicated Content Oct 18, 2023
UK inflation rate holds at 6.7% in September
LONDON (Reuters) - British annual consumer price inflation (CPI) was unchanged at 6.7% in September holding at August's 18-month low, official data showed on Wednesday. Economists polled by Reuters ha...
Syndicated Content Oct 18, 2023
BOJ seen lifting inflation forecasts as pressure on policy grows
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is expected to raise its inflation forecasts this month to show prices exceeding its 2% target for two straight years, three people familiar with th...
Syndicated Content Oct 18, 2023
Ryanair vs Wizz Air: The low-cost fight spreads to Poland
By Joanna Plucinska and Michael Kahn WARSAW/PRAGUE (Reuters) - Ryanair is aiming to double its business in the fast-growing Polish market and expand across eastern Europe over the next decade, executi...
Syndicated Content Oct 18, 2023
US Hurricane Center sees 80% chance of cyclone formation near Windward Islands
(Reuters) - A disturbance 1,000 miles east of the Windward Islands has an 80% chance of developing into a tropical cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Wednes...
Syndicated Content Oct 18, 2023
Peoria, IL, USA
39 °F Light Rain
