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euros

Netherlands pledges 4 billion euros in Ukraine military support through 2025

April 12, 2024 by Reuters
Netherlands pledges 4 billion euros in ukraine military support through 2025 - photo licensed by shore news network.

AMSTERDAM (Reuters) -The Netherlands will provide Ukraine with an additional 1 billion euros ($1.06 billion) in military support this year, and has earmarked 3 billion … Read more

Categories US and World News

BNP settles for up to 600 million euros in Swiss franc loan case -Le Parisien

January 1, 2024January 1, 2024 by Reuters
Bnp settles for up to 600 million euros in swiss franc loan case -le parisien - photo licensed by shore news network.

PARIS (Reuters) – BNP Paribas has signed an agreement with France’s leading consumer group CLCV for between 400 million and 600 million euros ($662.3 million) … Read more

Categories In the News

Exclusive-EU budget chief sees deal on 50 billion euros for Ukraine, has plan B

December 13, 2023 by Reuters
Exclusive-eu budget chief sees deal on 50 billion euros for ukraine, has plan b - photo licensed by shore news network.

By Jan Strupczewski BRUSSELS (Reuters) – European Union leaders are likely to reach a deal on 50 billion euros ($54 billion) for Ukraine this week … Read more

Categories In the News

NATO increases military budget by 12% to 2.03 billion euros

December 13, 2023 by Reuters
Nato increases military budget by 12% to 2. 03 billion euros - photo licensed by shore news network.

BRUSSELS (Reuters) – NATO said on Wednesday that it was increasing its military budget for 2024 by 12% to 2.03 billion euros and its civil … Read more

Categories In the News

Signify to cut jobs in revamp to save 200 million euros annually

December 1, 2023December 1, 2023 by Reuters
Signify to cut jobs in revamp to save 200 million euros annually - photo licensed by shore news network.

By Diana Mandia (Reuters) – Signify is to cut jobs as part of a restructuring that is targeting annual savings of 200 million euros ($218 … Read more

Categories In the News

German court ruling could cost Intel billions of euros in subsidies – state minister

November 22, 2023 by Reuters
German court ruling could cost intel billions of euros in subsidies - state minister - photo licensed by shore news network.

BERLIN (Reuters) – The negative court ruling on German finances last week could cost Intel billions of euros in subsidies for planned chip-making plants in … Read more

Categories In the News

Factbox-Italian banks add 4.5 billion euros in capital due to one-off tax

November 14, 2023 by Reuters

MILAN (Reuters) – Italian financial institutions have opted en masse to forego an extraordinary tax the government imposed on the sector in August, making use … Read more

Categories In the News

Santander readies sale of bad assets worth 5 billion euros- Cinco Dias

October 30, 2023 by Reuters
Santander readies sale of bad assets worth 5 billion euros- cinco dias - photo licensed by shore news network.

MADRID (Reuters) – Spain’s Santander is planning to sell toxic real estate assets with a nominal value of up to 5 billion euros ($5.28 billion), … Read more

Categories In the News

Citroen targets low-cost Chinese EVs with electric C3 for 23,300 euros

October 17, 2023 by Reuters
Citroen targets low-cost chinese evs with electric c3 for 23,300 euros - photo licensed by shore news network.

By Gilles Guillaume MEUDON, France (Reuters) – Citroen on Tuesday unveiled its new electric e-C3 SUV, a low-cost model starting at 23,300 euros ($24,540) aimed … Read more

Categories Business News

Irish budget to include 2.4 billion euros of ‘one-off’ supports – source

October 9, 2023October 9, 2023 by Reuters
Irish budget to include 2. 4 billion euros of 'one-off' supports - source - photo licensed by shore news network.

By Padraic Halpin DUBLIN (Reuters) – Ireland will add one-off financial supports totalling around 2.4 billion euros to planned permanent spending measures and tax cuts … Read more

Categories Business News

Exclusive-Greece to raise up to 7 billion euros from bond markets in 2024

September 12, 2023September 12, 2023 by Reuters
Exclusive-greece to raise up to 7 billion euros from bond markets in 2024 - photo licensed by shore news network.

By Lefteris Papadimas ATHENS (Reuters) – Greece plans to raise up to 7 billion euros ($7.5 billion) from debt markets in 2024 through new short- … Read more

Categories Business News

Foreign direct investment in Germany dives to 3.5 billion euros in H1

September 12, 2023 by Reuters

BERLIN (Reuters) – Foreign direct investment (FDI) in Germany slumped to 3.5 billion euros ($3.75 billion) in the first half of this year from 34.1 … Read more

Categories Business News

Opel expects to offer electric vehicle for around 25,000 euros by 2026

September 4, 2023September 4, 2023 by Reuters
Opel expects to offer electric vehicle for around 25,000 euros by 2026 - photo licensed by shore news network.

MUNICH (Reuters) – Stellantis-owned carmaker Opel will be able to offer an electric vehicle at a price of about 25,000 euros ($26,967) without incentives from … Read more

Categories Business News

Belgium raises record 22 billion euros from savers in ‘clear signal’ for higher bank rates

September 4, 2023September 4, 2023 by Reuters
Belgium raises record 22 billion euros from savers in 'clear signal' for higher bank rates - photo licensed by shore news network.

By Yoruk Bahceli BRUSSELS (Reuters) – Belgium has raised a record 21.9 billion euros ($23.65 bln) from savers in a bond sale designed to compete … Read more

Categories Business News

Capgemini’s slower sales hit shares, to invest 2 billion euros in AI

July 28, 2023July 28, 2023 by Reuters
Capgemini's slower sales hit shares, to invest 2 billion euros in ai - photo licensed by shore news network.

By Lina Golovnya and Stephanie Hamel (Reuters) -French IT consulting group Capgemini posted weaker quarterly growth due to a slowdown across its regions, marked by … Read more

Categories Business News

EU bank unveils new fund worth 400 million euros to help rebuild Ukraine

July 13, 2023 by Reuters
Eu bank unveils new fund worth 400 million euros to help rebuild ukraine - photo licensed by shore news network.

By Gabriela Baczynska BRUSSELS (Reuters) – The European Union’s lending arm on Thursday unveiled a new fund worth 400 million euros ($447 mln) to spend … Read more

Categories Business News

Ukraine won military aid pledges worth $1.5 billion euros this week – minister

July 13, 2023July 13, 2023 by Reuters
Ukraine won military aid pledges worth $1. 5 billion euros this week - minister - photo licensed by shore news network.

KYIV (Reuters) – Ukraine’s foreign partners pledged over 1.5 billion euros ($1.68 billion) in military aid for Kyiv while attending a NATO summit this week, … Read more

Categories US and World News

ThyssenKrupp’s Nucera valued at 2.5 billion euros in IPO

July 5, 2023July 5, 2023 by Reuters
Thyssenkrupp's nucera valued at 2. 5 billion euros in ipo - photo licensed by shore news network.

(Reuters) – Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a market capitalisation of around 2.5 … Read more

Categories Business News

US dollar share of global reserves edges up in Q1, euro’s share dips – IMF

June 30, 2023 by Reuters
Us dollar share of global reserves edges up in q1, euro's share dips - imf - photo licensed by shore news network.

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the first quarter … Read more

Categories Business News

Daimler Truck sees multi-million euros in storm damage at plant

June 30, 2023 by Reuters
Daimler truck sees multi-million euros in storm damage at plant - photo licensed by shore news network.

(Reuters) – A severe storm that hit a Mercedes-Benz plant in the central German city of Kassel last week is estimated to have caused damage … Read more

Categories Business News

Berlin plans to spend 8 billion euros in package for 60 Boeing Chinook helicopters -source

June 23, 2023 by Reuters
Berlin plans to spend 8 billion euros in package for 60 boeing chinook helicopters -source - photo licensed by shore news network.

BERLIN (Reuters) – Germany aims to purchase 60 Chinook helicopters from Boeing in a package that would cost up to 8 billion euros ($8.71 billion), … Read more

Categories Business News

EBRD lends 50 million euros to Ukraine’s Ukreximbank

June 23, 2023 by Reuters
Ebrd lends 50 million euros to ukraine's ukreximbank - photo licensed by shore news network.

KYIV (Reuters) – The European Bank for Reconstruction and Development will provide a 50-million-euro ($54 million) loan to one of Ukraine’s biggest banks, state-owned Ukreximbank, … Read more

Categories Business News

France’s European Mistral missile order worth 500 million euros – ministry

June 20, 2023 by Reuters

PARIS (Reuters) – France’s defence ministry said on Tuesday that it could order 1,000 Mistral air defence missiles worth about 500 million euros ($545.6 million) … Read more

Categories US and World News

Stellantis invests 100 million euros in startups, mobility fund

June 15, 2023June 15, 2023 by Reuters
Stellantis invests 100 million euros in startups, mobility fund - photo licensed by shore news network.

By Joseph White DETROIT (Reuters) – The venture capital arm of automaker Stellantis said on Thursday it will invest about 100 million euros ($108.3 million) … Read more

Categories Business News

Orpea draws first 200 million euros from new financing as restructuring plan continues

June 2, 2023 by Reuters
Orpea draws first 200 million euros from new financing as restructuring plan continues - photo licensed by shore news network.

(Reuters) – French company Orpea, hit by allegations of malpractice at its care homes and a sharp drop in valuation, said on Friday it made … Read more

Categories Business News

EU doubles financial aid to Moldova to 295 million euros

May 30, 2023 by Reuters
Eu doubles financial aid to moldova to 295 million euros - photo licensed by shore news network.

BRUSSELS (Reuters) – European Union governments decided on Tuesday to nearly double the amount of EU financial support to Moldova to a total of 295 … Read more

Categories Business News

Talanx buys Liberty Mutual’s Latin America business for 1.38 billion euros

May 27, 2023 by Reuters

(Reuters) – Germany’s Talanx said on Saturday it had acquired Liberty Mutual Insurance’s Latin America business for about 1.38 billion euros ($1.52 billion), through its … Read more

Categories Business News

Italy posts largest trade surplus in almost two years as imports drop

May 17, 2023 by Reuters

(Reuters) -Italy posted a trade surplus with the rest of the world of 7.5 billion euros ($8.3 billion) in March, the largest in almost two … Read more

Categories Business News

Italy’s Prada to invest 60 million euros to help boost production capacity

April 20, 2023 by Reuters
Italy's prada to invest 60 million euros to help boost production capacity - photo licensed by shore news network.

By Elisa Anzolin VALVIGNA, Italy (Reuters) – Italy’s Prada is planning to spend 60 million euros ($66 million) on industrial capital investments this year, a … Read more

Categories Business News

German finance ministry plans austerity measures of up to 20 billion euros – Spiegel

April 14, 2023 by Reuters
German finance ministry plans austerity measures of up to 20 billion euros - spiegel - photo licensed by shore news network.

BERLIN (Reuters) – German Finance Minister Christian Lindner is planning an austerity package with a volume of up to 20 billion euros ($22.12 billion), Germany’s … Read more

Categories Business News

Germany guarantees 221 million euros of Ukraine investments – econ ministry sources

April 5, 2023 by Reuters
Germany guarantees 221 million euros of ukraine investments - econ ministry sources - photo licensed by shore news network.

BERLIN (Reuters) – Germany is currently providing guarantees on investments totalling 221 million euros ($242 million) in Ukraine, Economy Ministry sources said on Wednesday, following … Read more

Categories Business News

UniCredit kicks off first tranche of share buyback for 2.34 billion euros

April 3, 2023 by Reuters
Unicredit kicks off first tranche of share buyback for 2. 34 billion euros - photo licensed by shore news network.

MILAN (Reuters) – UniCredit will kick off on Monday the first tranche of a share repurchase programme which received supervisory approval last week, a key … Read more

Categories Business News

Stellantis to invest 130 million euros in German plant for new Opel electric car

March 22, 2023 by Reuters
Stellantis to invest 130 million euros in german plant for new opel electric car - photo licensed by shore news network.

MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 million euros ($140 million) in its Eisenach assembly plant in Germany to produce … Read more

Categories Business News

EU-led donors to provide 7 billion euros to help rebuild Turkey after earthquake

March 20, 2023 by Reuters
Eu-led donors to provide 7 billion euros to help rebuild turkey after earthquake - photo licensed by shore news network.

By Gabriela Baczynska BRUSSELS (Reuters) – Donors at a European Union-led conference on Monday pledged 7 billion euros ($7.5 bln) to help to rebuild Turkey … Read more

Categories Business News

Stellantis invests 200 million euros to produce Fiat cars in Algeria

March 19, 2023 by Reuters
Stellantis invests 200 million euros to produce fiat cars in algeria - photo licensed by shore news network.

PARIS (Reuters) – Carmaker Stellantis will spend more than 200 million euros ($213.32 million) to manufacture four Fiat models in Algeria, it said on Sunday. … Read more

Categories Business News

Deutsche Bank CEO paid 8.9 million euros in 2022

March 17, 2023 by Reuters
Deutsche bank ceo paid 8. 9 million euros in 2022 - photo licensed by shore news network.

ZURICH (Reuters) – Deutsche Bank paid Chief Executive Christian Sewing 8.9 million euros ($9.49 million) in 2022, up slightly from 8.8 million euros a year … Read more

Categories Business News

Russia’s Tinkoff bank to suspend trading in euros from Feb 27

February 26, 2023 by Reuters
Russia's tinkoff bank to suspend trading in euros from feb 27 - photo licensed by shore news network.

(Reuters) – Russian online bank Tinkoff, run by TCS Group Holding, said on Sunday it would suspend trading in euros from Monday following the imposition … Read more

Categories Business News

Analysis-Pain and gain for industry as EU carbon hits 100 euros

February 21, 2023 by Reuters
Analysis-pain and gain for industry as eu carbon hits 100 euros - photo licensed by shore news network.

By Kate Abnett and Susanna Twidale BRUSSELS/LONDON (Reuters) – Europe’s carbon price hit a record 100 euros ($106) per tonne on Tuesday, a long-awaited milestone … Read more

Categories Business News

Ukraine war expected to cost Germany 160 billion euros by year-end

February 19, 2023 by Reuters
Ukraine war expected to cost germany 160 billion euros by year-end - photo licensed by shore news network.

BERLIN (Reuters) – The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some 4% of its gross domestic … Read more

Categories Business News

Amazon grants 1.5 million euros to Dutch seaweed farm project

February 16, 2023 by Reuters
Amazon grants 1. 5 million euros to dutch seaweed farm project - photo licensed by shore news network.

AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commercially growing seaweed in between turbines … Read more

Categories Business News

Rheinmetall moving towards order backlog of 30 billion euros – CEO

January 28, 2023 by Reuters
Rheinmetall moving towards order backlog of 30 billion euros - ceo - photo licensed by shore news network.

By Sabine Siebold and Anneli Palmen DUESSELDORF (Reuters) – German arms maker Rheinmetall had a record year in 2022 and is approaching an order backlog … Read more

Categories Business News

Dutch central bank fines cryptocurrency exchange Coinbase 3.3 million euros

January 26, 2023 by Reuters
Dutch central bank fines cryptocurrency exchange coinbase 3. 3 million euros - photo licensed by shore news network.

AMSTERDAM (Reuters) – The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to obtain the correct … Read more

Categories Business News

Finland promises 400 million euros of aid to Ukraine, could add Leopards

January 20, 2023 by Reuters
Finland promises 400 million euros of aid to ukraine, could add leopards - photo licensed by shore news network.

HELSINKI (Reuters) – Finland announced on Friday a new donation of more than 400 million euros ($434 million) worth of defence equipment for Ukraine, not … Read more

Categories US and World News

Copper smelter Aurubis plans 530 million euros in new investments

December 20, 2022 by Reuters
Copper smelter aurubis plans 530 million euros in new investments - photo licensed by shore news network.

BERLIN (Reuters) – Europe’s largest copper smelter Aurubis scrapped its existing dividend policy and announced 530 million euro ($562.44 million) of growth-oriented investments, the company … Read more

Categories Business News

Italy collects around 2.8 billion euros from 2022 energy windfall tax

December 14, 2022 by Reuters
Italy collects around 2. 8 billion euros from 2022 energy windfall tax - photo licensed by shore news network.

By Giuseppe Fonte ROME (Reuters) -Italy has so far collected around 2.8 billion euros ($3 billion) from a contested windfall tax on energy companies in … Read more

Categories Business News

Germany to pledge additional 50 million euros in winter aid for Ukraine

December 13, 2022December 13, 2022 by Reuters
Germany to pledge additional 50 million euros in winter aid for ukraine - photo licensed by shore news network.

BERLIN (Reuters) – Germany will approve another 50 million euros ($52.68 million) in winter aid for Ukraine in response to Russian attacks on energy infrastructure … Read more

Categories Business News

Intesa Sanpaolo says repaid around 5.5 billion euros of ECB loans

December 9, 2022December 9, 2022 by Reuters
Intesa sanpaolo says repaid around 5. 5 billion euros of ecb loans - photo licensed by shore news network.

MILAN (Reuters) – Italy’s Intesa Sanpaolo said on Friday it had repaid around 5.5 billion euros ($5.81 billion) in loans from the European Central Bank … Read more

Categories Business News

Spain to lend Airbus 2.14 billion euros for miltary programmes

December 5, 2022 by Reuters
Spain to lend airbus 2. 14 billion euros for miltary programmes - photo licensed by shore news network.

MADRID (Reuters) -Spain will lend Airbus 2.14 billion euros ($2.26 billion) to help the company to develop its military drone and helicopter programmes in the … Read more

Categories Business News

France to release 5 billion euros of SDRs to vulnerable countries under G20 programme

December 2, 2022 by Reuters

PARIS (Reuters) – France will release some 4 billion International Monetary Fund (IMF) Special Drawing Rights (SDRs), worth about 5 billion euros ($5.26 billion), to … Read more

Categories Business News

Spain to raise 2 billion euros less from bank, energy taxes, De Cos says

November 29, 2022 by Reuters

By Jesús Aguado MADRID (Reuters) -The Bank of Spain estimates the government will raise a combined 5 billion euros ($5.2 billion) by 2024 from its … Read more

Categories Business News
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