By Jonathan Cable LONDON (Reuters) -The euro zone economic recovery weakened this month, despite an upturn in Germany where factories benefited from an easing in supply chain bottlenecks, as renewed restrictions put a dent in the bloc’s dominant services industry, a survey showed. With the Omicron coronavirus variant sweeping across Europe governments have been encouraging…
PARIS (AP) — Top-ranked player Novak Djokovic could be allowed to defend his French Open title under the latest COVID-19 rules adopted by the French government, even if he is still not vaccinated when the clay-court Grand Slam starts in May. Djokovic was deported from Australia and barred from playing in the Australian Open this…
BERLIN (Reuters) – Volkswagen’s carbon emissions from passenger vehicles in 2021 were around 2% under the European target limits at 118 grams per kilometre, according to preliminary figures, the carmaker said on Monday. A total of 472,300 electric vehicles were delivered in the EU, Norway and Iceland in 2021, 64% above the previous year, Volkswagen…
By Tom Wilson and Wayne Cole LONDON/SYDNEY (Reuters) – Shares across the world fell on Monday as the prospect of a Russian attack on Ukraine quashed demand for riskier assets, bolstering the dollar, buoying oil and bruising bitcoin. The U.S. State Department said on Sunday it was ordering diplomats’ family members to leave Ukraine in…
LONDON (Reuters) – The euro zone economic recovery weakened further this month as renewed restrictions imposed to contain the Omicron coronavirus variant put another dent in bloc’s dominant services activity and as prices continued to soar, a survey showed on Monday. With the variant sweeping across Europe governments have been encouraging citizens to stay home…
(Reuters) -Unilever’s shares rose 5% on Monday following reports activist investor Nelson Peltz has built a stake in the consumer goods maker, as its strategy comes under scrutiny after a short-lived pursuit of GSK’s consumer healthcare arm. Peltz’s activist hedge fund, Trian Partners, has built an unspecified stake in Unilever, a person familiar with the…
LONDON (Reuters) -Advertising giant M&C Saatchi has rejected a fresh takeover offer from the acquisition vehicle of its top shareholder Vin Murria. Murria’s AdvancedAdvT said on Monday that it had proposed to offer 2.245 of its shares for each M&C Saatchi share, representing a 20.7% increase on its previous proposal, but that the agency’s independent…
AMSTERDAM (Reuters) -Dutch health technology company Philips said on Monday it expects sales to recover strongly in the second half of the year, while a steep decline due to global shortage of parts is likely to persist in the coming months. Philips earlier this month warned that supply chain woes would hit profit and a…
AMSTERDAM (Reuters) – Dutch health technology company Philips said on Monday it expects sales to recover strongly in the second half of the year, while a steep decline due to global shortages of parts is likely to persist in the coming months. Philips earlier this month warned supply chain woes would hit profits and a…
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) -Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in “quick commerce”, but heating up concerns about road safety as bike riders scramble to meet tight deadlines. Competition is already intense in India’s $600-billion grocery retailing industry,…
