By Elizabeth Culliford (Reuters) – Facebook-owner Meta has removed hacking campaigns, influence networks and scam operations amid the war in Ukraine, according to a report released on Thursday by the …
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Exclusive-Renault CEO pushes on with electric split as Russia bill looms-sources
by Reutersby ReutersBy Gilles Guillaume PARIS – Renault chief Luca de Meo wants to press ahead with plans to create separate divisions for electric (EV) and combustion engine vehicles despite potentially costly …
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BOC Aviation says lessors seeing ‘horrendous’ hikes in insurance costs
by Reutersby ReutersBy Padraic Halpin DUBLIN – The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes in the cost of renewing …
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MILAN – Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder the Banettons, the …
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Brazil real to keep close to pre-pandemic levels despite feeble economy: Reuters poll
by Reutersby ReutersBy Gabriel Burin BUENOS AIRES – Brazil’s real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive sentiment that is strikingly at …
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Bank of Spain urges banks to monitor risks, keep provisions amid Ukraine conflict
by Reutersby ReutersMADRID – The Bank of Spain told lenders on Thursday to adequately monitor credit risks of some of their customers most exposed to the economic impact from Russia’s invasion of …
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Special Report-U.S. solar expansion stalled by rural land-use protests
by Reutersby ReutersBy Nichola Groom (Reuters) – The Solar Star project in California is among the largest solar energy facilities in the world, boasting 1.7 million panels spread over 3,000 acres north …
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Generali shareholder Union Investment supports existing management
by Reutersby ReutersLONDON – Major Generali shareholder Union Investment supports existing management in the insurer led by chief executive Philippe Donnet, a portfolio manager in the firm said on Thursday. Generali is …
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Euro zone inflation to run hot, fan recession risk: Reuters poll
by Reutersby Reuters(Corrects split in rate expectations in paragraph 4) By Swathi Nair BENGALURU – Recession risks in the euro area are rising, with euro zone inflation seen running hot for the …
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Rebel Generali investor ready for legal action in case of narrow AGM board defeat
by Reutersby ReutersBy Carolyn Cohn, Pamela Barbaglia and Valentina Za LONDON -A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s largest …
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Yellen says Russia should be expelled from G20, U.S. may boycott some meetings
by Reutersby ReutersBy David Lawder and Dan Burns (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that Russia should be expelled from the Group of 20 major economies forum, and the …
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Ladbrokes owner Entain attracts punters to retail shops, U.S. venture grows
by Reutersby ReutersBy Amna Karimi (Reuters) -Ladbrokes owner Entain saw a rise in first-quarter revenue, boosted by a rebound in its retail betting shops and an expansion of its U.S. joint venture, …
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Greek central bank cuts economic growth projection to 3.8% this year
by Reutersby ReutersBy George Georgiopoulos ATHENS – Greece’s economy is seen expanding by 3.8% this year under a baseline scenario, a slower pace than a previous projection of 5.0%, the head of …
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Singapore cbank transfers $55 billion of excess foreign reserves to govt
by Reutersby ReutersSINGAPORE – Singapore’s central bank said on Thursday it has transferred excess official foreign reserves (OFR) of S$75 billion ($55.11 billion) to the government through a subscription of reserves management …
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UK financial watchdog promises to shut down failing firms faster
by Reutersby ReutersBy Huw Jones LONDON – Britain’s financial watchdog said on Thursday it will create 80 new jobs to shut down problem companies faster as it faces pressure from lawmakers to …
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Oil tanker groups Euronav and Frontline plan $4.2 billion tie-up
by Reutersby ReutersBy Terje Solsvik and Victoria Klesty OSLO – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge in an all-stock transaction valued at $4.2 billion that …
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DUBLIN – Annual inflation in Ireland neared an almost 40-year high of 6.7% in March, a jump from 5.6% a month earlier on the back of soaring energy prices, data …
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Job wars: Employers wince as Amazon warehouse rises in Indiana town
by Reutersby ReutersBy Timothy Aeppel ELKHART, Ind. – What happens when Amazon.com Inc plops over 1,000 new jobs in one of the hottest blue-collar job markets in the country? The RV Capital …
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Analysis-As bond prices swoon, U.S. banks may slow stock buybacks
by Reutersby ReutersBy David Henry NEW YORK – Wall Street bankers have long talked about how higher interest rates will deliver additional revenue from loans and higher-yielding securities. Now that rates are …
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Benettons rule out any transaction involving break-up of Atlantia – source
by Reutersby ReutersMILAN – The Benettons, who control Atlantia with a 33% stake, are united in ruling out any transaction that would involve a break-up of the Italian infrastructure group, one source …
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EBRD warns war in Ukraine will impact 2022 finances, after record profit
by Reutersby ReutersBy Rachel Savage LONDON – The European Bank for Reconstruction and Development said on Thursday that Russia’s war in Ukraine would have a significant impact on its finances this year, …
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Indonesia central bank sees end-2022 inflation at near 4% – deputy governor
by Reutersby ReutersJAKARTA – Indonesia’s central bank expects 2022 inflation to be at the upper bound of its target range or near 4% due to pressures from high global commodity prices, deputy …
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Thousands of goods railcars stuck at Ukraine’s border as war hits exports
by Reutersby ReutersBy Silvia Aloisi and Pavel Polityuk LVIV, Ukraine(Reuters) – In western Ukraine, some 1,100 train wagons carrying grain are stuck near the main rail border crossing with Poland, unable to …
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MILAN – Shares in Atlantia jumped almost 12% to their highest levels in over two years after Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of the Italian …
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Online gambling firm 888 soars on deal to pay less for William Hill assets
by Reutersby ReutersBy Sinchita Mitra and Radhika Anilkumar (Reuters) -British online gambling firm 888 will pay a smaller price to buy William Hill’s international assets from U.S.-based owner Caesars Entertainment, the companies …