By Rishav Chatterjee and Aaditya GovindRao (Reuters) -REA Group, the property listings company majority owned by News Corp, is considering buying Rightmove to create a global real estate company, the[...]
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September 2, 2024
ECB policymakers at odds over downturn’s impact, sources say
By Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could shape the rate cut debate for months with some fe[...]
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Cathay Pacific Airways inspects A350 fleet after identifying engine part failure
(Reuters) -Hong Kong’s Cathay Pacific Airways said on Monday it had started a fleet-wide inspection of its Airbus A350 aircraft after identifying an engine component failure, sending shares in B[...]
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Volkswagen considers historic German plant closures in cost-cutting drive
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Volkswagen is considering closing factories in Germany for the first time, in a move that shows the pressure Europe’s top carmaker is[...]
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Brazil’s government considers taxing big techs if revenue falls short
BRASILIA (Reuters) – Brazil’s Finance Ministry said on Monday that if there is a shortfall in revenue, it will submit proposals to Congress in this year’s second half to tax big tech[...]
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HP to continue $4 billion damages case against Mike Lynch
(Reuters) -Hewlett Packard said on Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch’s estate in the UK. The U.S. company had bee[...]
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Blackstone buys stake in $1.2 billion European logistics fund
LONDON (Reuters) – Private equity giant Blackstone has agreed to buy an 80% stake in a European warehouse portfolio run by landlord Burstone, the latest push by the U.S. investment manager into[...]
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Dollar eases after hitting highest in two weeks, US job data looms
By Stefano Rebaudo (Reuters) -The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks as investors’ focus moved to a U.S. jobs report due a[...]
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Oil steadies as halted Libyan exports balance expected OPEC+ supply boost
By Arunima Kumar and Robert Harvey (Reuters) -Oil prices stabilised on Monday as Libyan oil exports remained halted and following losses at the end of last week on expectations of higher OPEC+ product[...]
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