Saudi National Bank was denied taking 40% Credit Suisse stake -report
VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but…
Business
European firms look for footing in China-U.S. spat, French execs say
By Mathieu Rosemain and Leigh Thomas AIX-EN-PROVENCE, France (Reuters) – European firms are concerned they could get caught in the…
As earnings loom, investors weigh recession resilience
By David Randall NEW YORK (Reuters) -As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground…
Eramet in talks with European carmakers over Argentina lithium plan – CEO
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – French mining group Eramet is in talks with several European carmakers over commercial…
France upbeat on attracting major Tesla investment – Le Maire
PARIS (Reuters) – French Finance Minister Bruno Le Maire on Sunday said he was “very hopeful” Tesla Chief Executive Elon…
French central bank head warns against raising ECB inflation target
AIX-EN-PROVENCE, France (Reuters) – France’s central bank head Francois Villeroy de Galhau pushed back on Sunday against a suggestion from…
China sets wide-ranging rules for $2.9 trln private investment funds
BEIJING (Reuters) – China published regulations on Sunday for the country’s $2.9 trillion private investment fund sector, seeking to better…
Mexican Pemex estimates platform fire shut in 700,000 barrels of oil
MEXICO CITY (Reuters) – Mexican oil company Pemex estimates that a deadly fire on a major offshore platform off the…
‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault…
Suspended Twitter account tracking Elon Musk’s jet moves to rival Meta’s Threads
(Reuters) – Jack Sweeney, the creator of an account tracking Elon Musk’s private jet in real time, has moved to…