MILAN (Reuters) – Credit Agricole could raise its stake in Banco BPM in the next six months above the 15% threshold it will acquire through derivatives once it has supervisory approval, won’t seek control of the Italian bank or go above 19.99%, a filing showed on Monday. The document Credit Agricole filed with Italian market …
LONDON (Reuters) -Britain paused decisions on Syrian asylum claims on Monday, a government spokesperson said, after rebel forces seized the capital of Damascus over the weekend. “The Home Office has temporarily paused decisions on Syrian asylum claims whilst we assess the current situation,” a spokesperson from the interior ministry said in a statement. “We keep …
By Dawn Chmielewski and Paul Sandle (Reuters) -Warner Bros Discovery signed a multi-year deal with Comcast that lays the groundwork for the European launch of the Max streaming service, and resolves a dispute over a coming “Harry Potter” TV series, the companies said on Monday. Under the wide-ranging agreement, Warner Bros Discovery’s portfolio of TV …
Comcast, Warner Bros Discovery enter multi-year distribution deal Read More »
LISBON (Reuters) – The European Union needs common instruments to fund defence spending amid a protracted war in Ukraine and calls from Washington for NATO members to increase such expenditure, Portugal’s finance minister said on Monday. “All together we must find solutions, just as we did in the financial crisis, the sovereign debt crisis, during …
Portugal calls for joint EU funding for defence spending Read More »
NEW DELHI (Reuters) – India’s Mahindra and Mahindra said on Saturday it would rename its latest electric car, a significant move after aviation market leader IndiGo sued the automaker for use of its call sign and widely used brand name “6E”. While trademark infringement cases are common in India, legal disputes between big publicly traded …
India’s M&M renames electric car amid aviation giant IndiGo’s trademark challenge Read More »
By Ron Bousso LONDON (Reuters) – BP’s head of offshore wind Matthias Bausenwein is leaving the company, a spokesperson told Reuters on Monday, after the oil major announced it was spinning off its offshore wind operations into a joint venture with Japanese power firm JERA. Bausenwein joined BP from Danish renewables giant Orsted in August …
(Reuters) -President-elect Donald Trump’s transition team has invited five major tech companies, including Google, Microsoft and Meta Platforms to a meeting in mid-December about dealing with online sales of drugs, The Information reported on Sunday. A representative for Jim Carroll, the drug czar during Trump’s first term, and Trump’s transition team emailed staffers from the …
Trump aides contact Google, Meta, Snap over online drug sales, The Information reports Read More »
By Sruthi Shankar and Johann M Cherian (Reuters) -European shares closed at their highest levels in six-weeks on Monday, led by mining and luxury stocks, after a promise of renewed stimulus to support China’s slowing economy. The pan-European STOXX 600 index edged up 0.1%, and notched its eighth consecutive session of gains. China-exposed miners in …
European shares close at six-week high on expected China stimulus Read More »
By Shariq Khan and Nicole Jao NEW YORK (Reuters) – Average U.S. gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of bargains at the pump for consumers who have faced soaring inflation in recent years. Fuel prices have been declining steadily since the …
US average gasoline price drops below $3 a gallon for the first time since 2021 Read More »
AMSTERDAM (Reuters) – The Netherlands is to phase out international adoption over the next six years, following a 2021 report that raised concerns about potential abuse. In the past 50 years, Dutch parents have adopted around 40,000 children from 80 countries. However, the practice has declined significantly in recent years, with only 50 adoptions from …
Netherlands to phase out international adoption over next six years Read More »
