Headlines

Euro zone business activity moves closer to recovery, PMI survey shows

Euro zone business activity moves closer to recovery, PMI survey shows

LONDON (Reuters) – Business activity in the euro zone showed signs of recovery last month as the bloc’s dominant services ..

Aviva re-enters Lloyd’s market with $300 million acquisition

Aviva re-enters Lloyd’s market with $300 million acquisition

LONDON (Reuters) -British insurer Aviva said on Monday it will re-enter the historic Lloyd’s insurance market with a 242 million..

Hipgnosis’ songs portfolio valuation falls sharply; extends dividend halt

Hipgnosis’ songs portfolio valuation falls sharply; extends dividend halt

(Reuters) – The valuation of the songs portfolio owned by Hipgnosis Songs Fund has declined at least by a fifth from five months..

German perfume retailer Douglas plans $1.2 billion IPO by March end

German perfume retailer Douglas plans $1.2 billion IPO by March end

FRANKFURT(Reuters) – German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) initi..

Swiss National Bank loses $3.6 billion in 2023

Swiss National Bank loses $3.6 billion in 2023

ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank..

Evonik says recovery unlikely in 2024, plans 2,000 job cuts

Evonik says recovery unlikely in 2024, plans 2,000 job cuts

(Reuters) – German chemicals group Evonik Industries said on Monday it expected no signs of a recovery in 2024 and announced up ..

Marketmind: Looming event risk can’t stop Nikkei topping 40,000

Marketmind: Looming event risk can’t stop Nikkei topping 40,000

A look at the day ahead in European and global markets from Wayne Cole. It’s been a largely risk-on start to a week packed with ..

M&A may breathe new life into Europe’s neglected telecoms

M&A may breathe new life into Europe’s neglected telecoms

M&A may breathe new life into Europe’s neglected telecoms By Danilo Masoni MILAN (Reuters) – A series of potential dea..

Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit

Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit

SAO PAULO (Reuters) – The G20 finance leaders’ upbeat take on the global economic outlook will likely give Bank of Japan G..

Oil rises almost 2% as markets await OPEC+ decision

Oil rises almost 2% as markets await OPEC+ decision

LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements fo..