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Orpea slides to annual loss of 4 billion euros on asset depreciation

Orpea slides to annual loss of 4 billion euros on asset depreciation

(Reuters) -French nursing care provider Orpea, hit by multiple scandals including allegations of malpractice at its care homes, on Fri..

UK finance minister Hunt: Good news the economy is growing

UK finance minister Hunt: Good news the economy is growing

LONDON (Reuters) – Britain’s finance minister Jeremy Hunt on Friday welcomed the latest GDP data which showed the economy ..

Audit finds holes in ECB’s management of bank credit risk

Audit finds holes in ECB’s management of bank credit risk

FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especia..

With UK food price inflation at 46-year high, lawmakers launch probe

With UK food price inflation at 46-year high, lawmakers launch probe

LONDON (Reuters) – British lawmakers launched an investigation on Friday into the fairness of the country’s food supply ch..

Carrefour Brasil in talks with Barzel Properties over $260 million deal

Carrefour Brasil in talks with Barzel Properties over $260 million deal

SAO PAULO (Reuters) – Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the sale ..

Shell shareholders urged by LAPFF to back climate activist’s resolution

Shell shareholders urged by LAPFF to back climate activist’s resolution

By Shadia Nasralla LONDON (Reuters) – Shell shareholders should support a climate activist resolution at its annual general meet..

Nexi open to options as Banco BPM seeks partner

Nexi open to options as Banco BPM seeks partner

MILAN (Reuters) -Italian payments giant Nexi is keen to enter partnerships with lenders and will adjust to their preferred models, it ..

Swiss prepare to evacuate village threatened by vast landslide

Swiss prepare to evacuate village threatened by vast landslide

BRIENZ, Switzerland (Reuters) – Swiss authorities have ordered residents to abandon a tiny mountain village in the eastern canto..

France could tax food industry over high prices – finance minister

France could tax food industry over high prices – finance minister

PARIS (Reuters) – The French government could use tax measures to claw back profits from the food industry if it does not accept..

UK brings train operator TransPennine under temporary state control

UK brings train operator TransPennine under temporary state control

LONDON (Reuters) -Britain said it will bring TransPennine Express under temporary government control as it cancelled its contract to o..