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Germany’s Lufthansa orders four Airbus planes

Germany’s Lufthansa orders four Airbus planes

(Reuters) – German flagship carrier Lufthansa signed a contract to purchase four additional Airbus A350-900 long-haul planes, t..

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RICH, Wanda · May 23, 2023 · 1 min read

Drahi boosts stake in BT to 24.5%, will not make an offer

Drahi boosts stake in BT to 24.5%, will not make an offer

LONDON (Reuters) -Billionaire Patrick Drahi has increased his stake in BT to 24.5% but reiterated that he does not plan a full takeove..

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RICH, Wanda · May 23, 2023 · 3 min read

High inflation helps to swell UK budget deficit in April

High inflation helps to swell UK budget deficit in April

LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt interest bill to a..

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RICH, Wanda · May 23, 2023 · 3 min read

Services drive acceleration in German business activity in May -flash PMI

Services drive acceleration in German business activity in May -flash PMI

BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector ..

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RICH, Wanda · May 23, 2023 · 2 min read

UK meat producer Cranswick’s full-year profit rises on strong demand

UK meat producer Cranswick’s full-year profit rises on strong demand

(Reuters) -Cranswick Plc on Tuesday reported a rise in full-year profit, as the British meat producer saw strong demand for gourmet me..

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RICH, Wanda · May 23, 2023 · 1 min read

Euro 7 emissions standard to cost many times EC forecasts -industry group

Euro 7 emissions standard to cost many times EC forecasts -industry group

LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that are up to 10 time..

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RICH, Wanda · May 23, 2023 · 2 min read

Julius Baer reports modest money inflows after slow start to 2023

Julius Baer reports modest money inflows after slow start to 2023

ZURICH (Reuters) -Julius Baer reported on Tuesday a modest rise in assets under management and money inflows in the first four months ..

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RICH, Wanda · May 23, 2023 · 2 min read

New rules to dampen Chinese interest to list in Europe, say bankers

New rules to dampen Chinese interest to list in Europe, say bankers

SHANGHAI/SINGAPORE (Reuters) – Chinese companies’ plans to raise capital via listings in London or Zurich are in jeopardy ..

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RICH, Wanda · May 22, 2023 · 4 min read

Meta fined $1.3 billion over data transfers to US – WSJ

Meta fined $1.3 billion over data transfers to US – WSJ

(Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending user ..

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RICH, Wanda · May 22, 2023 · 1 min read

Britain chips away at NatWest stake with $1.6 billion share sale

Britain chips away at NatWest stake with $1.6 billion share sale

LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from ..

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RICH, Wanda · May 22, 2023 · 2 min read