Category Archives:
Morrisons set to enter FTSE 100 as M&A interest boost shares
LONDON (Reuters) - British supermarket Morrisons is set to enter the FTSE 100 index, Britain's blue chip benchmark, after its share price surged over 60% since receiving an offer from private equity f...
Aug 25, 2021
Marketmind: Europe’s powerhouse just isn’t feeling it
LONDON (Reuters) - A look at the day ahead from Dhara Ranasinghe. As the COVID-19 Delta variant and supply chain disruptions persist globally, damage inflicted on business sentiment in Europe's bigges...
Aug 25, 2021
German exports to China fall for first time in nearly a year
BERLIN (Reuters) - German exports to China declined for the first time in nearly a year in July, easing by 3.9% year-on-year to 8.4 billion euros ($9.9 billion), the statistics office said on Wednesda...
Aug 25, 2021
Klarna transactions value jumps as U.S. growth gives boost
STOCKHOLM (Reuters) -Swedish "buy now, pay later" company Klarna on Wednesday reported a jump in transactions using its platform for the April-June quarter as it reached 20 million users in the United...
Aug 25, 2021
EY fined $4.8 million by UK accounting watchdog over Stagecoach audit
(Reuters) - Britain's accounting watchdog said on Wednesday it has fined Ernst & Young LLP 3.5 million pounds ($4.80 million) over the audit of transport firm Stagecoach Group's financial statements i...
Aug 25, 2021
Israel Aerospace, Etihad to open aircraft conversion site in Abu Dhabi
By Steven Scheer JERUSALEM (Reuters) -Israel Aerospace Industries (IAI) said on Wednesday it signed an agreement with Etihad Engineering to establish a facility in Abu Dhabi that will convert Boeing 7...
Aug 25, 2021
Global corporate profits to fall 8% in Q3 after record Q2 – data
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) - Global corporate profits in the third quarter are likely to fall for the first time in 18 months after record earnings in April-June, Reuters c...
Aug 25, 2021
Wall Street group to revive talks with China to find common ground- Bloomberg News
(Corrects reference in second paragraph to Thornton's background) (Reuters) - A group of Wall Street veterans is preparing a new round of meetings with high-level Chinese government officials before t...
Aug 25, 2021
European shares seen holding tight to record levels: Reuters poll
By Joice Alves LONDON (Reuters) - European stocks will hold around current record levels for the rest of 2021, supported by stellar earnings while worries around U.S. monetary policy tightening, Germa...
Aug 25, 2021
Medical equipment maker Elekta hit by supply chain costs
STOCKHOLM (Reuters) -Radiation therapy equipment maker Elekta reported on Wednesday a slump in its first-quarter earnings due to higher costs in its supply chain and logistics. The Swedish group said ...
Aug 25, 2021
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