PARIS (Reuters) -Shares in French bank BNP Paribas fell on Wednesday, after the Belgian state participation agency SFPI had said it was preparing the sale of a third of its 7.8% equity stake in the eu[...]
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March 1, 2023
Exclusive-Biden administration to move on Midwest ethanol-blended gasoline rule this week -sources
By Jarrett Renshaw and Stephanie Kelly (Reuters) – The Biden administration is expected on Wednesday to recommend for approval a rule that would allow expanded sales of gasoline with a higher et[...]
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Goldman Sachs expects ECB to raise rates by 50 bps in May meeting
(Reuters) – Goldman Sachs raised its estimate for peak interest rate hike by the European Central Bank for the second time in as many weeks, saying it now expects rates to go up by 50 basis poin[...]
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Just Eat Takeaway swings to small 2022 core profit, sees better 2023
AMSTERDAM (Reuters) -Just Eat Takeaway.com, Europe’s largest meals delivery company, swung to a small 2022 core profit on Wednesday and said it was targeting 225 million euros of core profit thi[...]
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Cellnex narrows FY net loss, meets core earnings target
BARCELONA, Mar 1 (Reuters) -Europe’s largest mobile phone tower operator Cellnex on Wednesday reported a net loss of 297 million euros ($314.49 million) for 2022, lower than in the prior year, w[...]
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Analysis-Rebounding U.S. dollar a growing headache for investors
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors reeling from the recent volatility in global financial markets are eyeing another potential worry: a rebounding dollar. The dollar has risen n[...]
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Apple supplier Foxlink says working to resume production after India fire
TAIPEI (Reuters) -Taiwanese Apple Inc supplier Foxlink said on Wednesday it is working hard to resume production following a fire at a plant in southern India that halted operations at the maker of iP[...]
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China’s factory activity stuns with fastest growth in a decade
By Liangping Gao and Joe Cash BEIJING (Reuters) – China’s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed on Wednesday, smas[...]
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Marketmind: Brisk China activity sets the mood
A look at the day ahead in European and global markets from Ankur Banerjee After a tentative start to the month, markets in Asia got a jolt from China’s manufacturing activity which expanded at[...]
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