AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not built sufficient market share. The moves were “in line with o[...]
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Europe
Stellantis invests 100 million euros in startups, mobility fund
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) in automotive and battery technology[...]
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Marketmind: ECB day to follow a hawkish Fed
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. A day after the Federal Reserve took markets by surprise with a hawkish message, it’s the European Central Bank’s[...]
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European equity investors hunt for big returns in small places
By Lucy Raitano LONDON (Reuters) – Investors are turning their attention back to European small and mid-cap stocks as low valuations spark long-term interest even as the immediate economic outlo[...]
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Siemens’ new investment plan to create more than a 1000 jobs – CEO
Siemens’ 2 billion-euro ($2.17 billion) investment plan, announced on Thursday, is more than double the company’s cumulative investment spending over the past two years and will create over a th[...]
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Fewer UK firms expect to raise prices in month ahead – ONS
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed on Thursday. The Office for National Stat[...]
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French power company Engie launches new electric car charger brand
PARIS (Reuters) – French power company Engie said on Thursday it is launching a new brand called Vianeo which will form part of its push into the potentially fast-growing sector of building char[...]
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Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a rene[...]
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Santander appoints Castro e Almeida to drive growth in Europe
By Jesús Aguado MADRID (Reuters) -Santander said on Thursday it has appointed Pedro Castro e Almeida as regional head for Europe as the Spanish bank bets on this region to drive growth. Castro e Almei[...]
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