PARIS (Reuters) – A planned French windfall tax on energy companies’ profits during Europe’s current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion eur[...]
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Europe
Credit Suisse offers 889 million shares to existing investors in $4 billion capital hike
ZURICH (Reuters) -Credit Suisse has made 889 million new shares available to existing investors at 2.52 Swiss francs ($2.67) per share, the bank said on Thursday, confirming the final terms of its 4 b[...]
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Zara workers in Spain start protests to demand higher pay
By Corina Pons MADRID (Reuters) – Dozens of Zara shop assistants protested in Madrid on Thursday outside the global fashion giant’s largest store to demand higher pay, and some workers in[...]
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Stellantis to reorganise European dealer network from July 2023
MILAN (Reuters) – Franco-Italian carmaker Stellantis said on Thursday it would reorganise its European dealers’ network in July next year, starting from Austria, Belgium, Luxembourg and th[...]
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Stellantis looks to India for affordable EVs for Europe
By Aditi Shah NEW DELHI (Reuters) -Fiat parent Stellantis has concluded it can’t currently make affordable electric vehicles (EVs) in Europe and is looking at lower-cost manufacturing in markets[...]
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Exclusive-EU antitrust regulators ramp up Microsoft scrutiny, probe likely – sources
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft is likely to face an EU antitrust investigation as regulators intensify their scrutiny into its practices in a case triggered by Salesforce.com[...]
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Binance to commit $1 billion for crypto recovery initiative
(Reuters) -Cryptocurrency exchange Binance said on Thursday it was committing $1 billion to establishing an industry recovery initiative (IRI) to invest in companies from the digital assets sector. Th[...]
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Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe
PARIS (Reuters) – Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya and Kazakhstan, an Airbus spokesperson said on Th[...]
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Dollar extends losses as Fed minutes signal slower rate hikes
By Samuel Indyk LONDON (Reuters) – The U.S. dollar extended losses on Thursday after the minutes from the Federal Reserve’s November meeting supported the view that the central bank would[...]
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