(Reuters) – Advent International has agreed to buy Maxar Technologies Inc in a deal that values the satellite owner and operator at about $4 billion, the Wall Street Journal reported …
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By Thomas Escritt BERLIN (Reuters) -The German Foreign Office tweeted screenshots on Friday of the accounts of journalists suspended by Twitter, warning the platform that the ministry had a problem …
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By Alvise Armellini and Francesco Canepa ROME/FRANKFURT (Reuters) – Italian ministers lashed out at the European Central Bank on Friday, labelling as “baffling” and “crazy” a decision to hike borrowing …
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By Vera Eckert and Tom Sims FRANKFURT (Reuters) – Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the dirty fuel to power it …
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Business News
Airbus, Dassault, Indra, Eumet win $3.4 billion fighter jet contract
by Reutersby ReutersPARIS (Reuters) – Airbus, Dassault Aviation, Indra and the Eumet joint venture between Safran and MTU Aero Engines said on Friday they had won a 3.2 billion euros ($3.4 billion) …
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PARIS (Reuters) -Searches were conducted on Thursday at U.S conglomerate General Electric’s Belfort site in France as part of an ongoing probe into possible tax fraud, France’s financial prosecutor said …
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Business News
Extreme bear sentiment over as investors buy stocks and bonds – BofA
by Reutersby ReutersBy Lucy Raitano LONDON (Reuters) -Investors ploughed cash into stocks and bonds and sold cash and gold in the week to Wednesday, BofA Global Research said on Friday, hailing the …
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By Sergio Goncalves LISBON (Reuters) -The Bank of Portugal on Friday lowered its 2023 economic growth forecast to 1.5% from 2.6% predicted in June, expecting a sharp slowdown after this …
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By Alexander Marrow and Hilary Russ MOSCOW/NEW YORK (Reuters) – McDonald’s Corp regularly engages with its successor brand in Russia following its exit from the market earlier this year, communications …
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A look at the day ahead in U.S. and global markets from Mike Dolan. As the world’s major central banks turned the interest rate screw this week and insisted on …
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Business News
China issues plan to increase flights, boost air passenger volumes – Caixin
by Reutersby ReutersSHANGHAI (Reuters) -China plans to increase flights with a goal to restore the country’s average daily passenger flight volumes to 70% of 2019 levels by Jan. 6, financial news outlet …
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By Dietrich Knauth (Reuters) – The U.S. Department of Justice’s bankruptcy watchdog on Thursday appointed a committee to represent FTX accountholders and other junior creditors in the collapsed crypto exchange’s …
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Business News
Euro zone business activity falls at slower rate in Dec, inflation eases -PMI
by Reutersby ReutersBy Indradip Ghosh BENGALURU (Reuters) – Euro zone business activity shrank at the slowest pace in four months in December, suggesting a likely recession ahead will be shallower than previously …
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Business News
Japan approves tax-code revision, more funds for defence build-up
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO (Reuters) -Japan’s ruling bloc formally agreed on Friday to revise the national tax code for the next fiscal year starting in April, aiming to shift household …
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Business News
Italy’s Fincantieri sees scope to expand naval sales on security fears
by Reutersby ReutersBy Elisa Anzolin MILAN (Reuters) – Italian shipbuilder Fincantieri expects to increase sales in its naval business in the coming years as countries spend more on defence following Russia’s invasion …
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(Reuters) – Shares in Sweden’s Ericsson extended their losses on Friday a day after a strategy update in which the telecom equipment maker said several of its more profitable markets …
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Business News
Strong ECB statement equivalent to a bigger rate hike, Holzmann says
by Reutersby ReutersVIENNA (Reuters) – The European Central Bank’s message that it is serious about fighting inflation was a strong signal equivalent to a bigger increase in interest rates, ECB hawk Robert …
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US and World News
Yeshiva University must recognize LGBTQ club, New York appeals court rules
by Reutersby ReutersBy Nate Raymond (Reuters) – A New York appeals court on Thursday ruled that Yeshiva University must formally recognize an LGBTQ student group, rejecting the Jewish school’s claims that doing …
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US and World News
South Korea protests Japan’s island claim in national security strategy
by Reutersby ReutersSEOUL (Reuters) – South Korea issued a strong protest against Japan’s territorial claim over disputed islands made in a national security strategy released on Friday while cautiously responding to Tokyo’s …
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(Reuters) – Italian EU-harmonised consumer prices (HICP) rose 0.7% month-on-month in November and were also up 12.6% from the year earlier, official statistics agency ISTAT said on Friday, revising up …
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By Andy Bruce LONDON (Reuters) -The downturn across most British businesses eased slightly this month but manufacturers struggled and the economy is still likely to contract this quarter, marking a …
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US and World News
Russian attack causes ‘colossal’ infrastructure damage in Ukraine’s Kharkiv – mayor
by Reutersby ReutersKYIV (Reuters) – Russian missile strikes caused “colossal” damage to infrastructure in the Ukrainian city of Kharkiv on Friday and mainly affected the energy system, Mayor Ihor Terekhov said. “There …
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Business News
Russia’s Urals oil averaged $57.49/bbl in past month, below price cap
by Reutersby ReutersMOSCOW (Reuters) – The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec. 14, Russia’s Finance Ministry said late on Thursday, below the …
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Business News
Philippines’ Marcos cheers ‘Christmas gift’ of $95 billion state budget
by Reutersby ReutersMANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Friday signed into law the 2023 budget bill which authorises a record 5.27 trillion pesos ($94.78 billion) spending to support his …
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ATHENS (Reuters) – Greece’s jobless rate fell to 11.6% in the third quarter from 12.4% in the second quarter of the year, data from the country’s statistics service ELSTAT showed …