LONDON (Reuters) – A strong start to June for the world’s second-biggest fashion retailer H&M, an optimistic outlook from Hugo Boss and a return to profitability at ASOS helped allay c[...]
Read more
Europe
Italy’s Meloni meets Musk in Rome
ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni met with Tesla CEO Elon Musk in Rome later on Thursday, a government source said, after holding brief talks with Foreign Minister Ant[...]
Read more
Vodafone, unions reach agreement over 1,003 job cuts in Italy
ROME (Reuters) – Vodafone said on Thursday it had reached an agreement with unions over managing 1,003 job cuts in Italy needed to cut costs. The British telecoms giant said the deal was aimed a[...]
Read more
Intel near deal on 9.9 billion euro German government subsidy, Handelsblatt says
(Reuters) – Intel and the German government are close to an agreement for the chipmaker to receive 9.9 billion euros ($10.83 billion) in subsidies, up from a previously agreed 6.8 billion, Hande[...]
Read more
Cyberattacks on renewables: Europe power sector’s dread in chaos of war
By Nora Buli, Nina Chestney and Christoph Steitz OSLO/LONDON/FRANKFURT (Reuters) – Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power sys[...]
Read more
Pirelli CEO ‘confident’ Rome will act to curb Chinese influence over tyremaker -source
(Corrects first name of incoming Pirelli CEO in para 11) MILAN (Reuters) – Pirelli’s CEO said in a recent private meeting that he is “very confident” Rome will use its Golden P[...]
Read more
France hosts $7 billion debt talks as Casino seeks deal with creditors
By Mathieu Rosemain PARIS (Reuters) – Casino and the holders of its 6.4 billion euros ($7 billion) of debt met at France’s finance ministry on Thursday morning as the beleaguered retailer[...]
Read more
Bayer reaches $6.9 million settlement with New York over Roundup safety claims
By Jonathan Stempel NEW YORK (Reuters) -Bayer AG agreed on Thursday to pay $6.9 million to settle claims by New York Attorney General Letitia James that it misled consumers by advertising Roundup weed[...]
Read more
Ferrovial says Dutch relocation could damage brand in Spain
MADRID (Reuters) – Ferrovial’s decision to move its holding company to the Netherlands to try to speed up a U.S. listing could have an adverse impact on its brand in Spain, the company sai[...]
Read more