Headlines

Analysis-Southern Europe braces for climate change-fuelled summer of drought

Analysis-Southern Europe braces for climate change-fuelled summer of drought

BRUSSELS (Reuters) – Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water sho..

Asian shares tentative, US debt ceiling talks weigh on risk appetite

Asian shares tentative, US debt ceiling talks weigh on risk appetite

SINGAPORE (Reuters) – Asian shares were subdued on Wednesday and the dollar hovered around a five-week peak as investors remaine..

EU raw material targets need money and faster permits, sector chief says

EU raw material targets need money and faster permits, sector chief says

BRUSSELS (Reuters) – The European Union will only meet ambitious targets to reduce its reliance on China and other countries for..

Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say

Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say

MILAN (Reuters) -Australian fund Macquarie is raising legal hurdles over a plan backed by Italy’s Treasury for state lender CDP ..

Agnelli investment firm hires former UK minister Osborne

Agnelli investment firm hires former UK minister Osborne

PARIS/LONDON (Reuters) – Lingotto Investment Management, backed by Italy’s Agnelli family, has hired former British financ..

UK competition watchdog steps up examination of grocery prices

UK competition watchdog steps up examination of grocery prices

LONDON (Reuters) -Britain’s competition watchdog will step up its work looking into grocery prices, but has so far not seen evid..

India’s carmakers back zero duty on limited British imports under trade deal – sources

India’s carmakers back zero duty on limited British imports under trade deal – sources

NEW DELHI (Reuters) – Indian carmakers have agreed to eliminate import tax on a limited number of vehicles in a trade deal with ..

World stocks climb on hopes of successful debt ceiling outcome

World stocks climb on hopes of successful debt ceiling outcome

LONDON (Reuters) -World stocks rose on Monday on cautious optimism ahead of this week’s deliberations over the U.S. $31.4 trilli..

Economist Odor picked as Slovakia’s caretaker prime minister

Economist Odor picked as Slovakia’s caretaker prime minister

BRATISLAVA (Reuters) – Respected economist Ludovit Odor was made Slovakia’s interim prime minister on Monday and will lead..

Euro zone industry output falls sharply, with Ireland plunge

Euro zone industry output falls sharply, with Ireland plunge

BRUSSELS (Reuters) – Euro zone industrial production fell by far more than expected in March as output of capital goods plunged,..