Shares in Ladbrokes owner Entain slide on deal to buy Poland’s STS
By Joice Alves LONDON (Reuters) -Shares of Ladbrokes owner Entain fell to the bottom of the London blue-chip index on…
Business
Russia’s Sberbank launches Indian rupee accounts for individuals
MOSCOW (Reuters) -Russia’s dominant lender on Wednesday said individuals could now open accounts in Indian rupees, expanding the range of…
China e-commerce shipments would lose US tariff exemption under proposed law
By Katherine Masters NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers planned to introduce a bill on Wednesday…
Euro zone industrial production up more than expected in April
BRUSSELS (Reuters) – Euro zone industrial production rebounded more than expected in April after a slump in March, as a…
Grifols shares soar on possible sale of $1.5 billion stake in Shanghai RAAS
MADRID (Reuters) – Shares in Spanish pharmaceutical Grifols soared on Wednesday morning after it disclosed a plan to reduce its…
Global investment banks rush to cut yuan forecasts
SHANGHAI (Reuters) – Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened past the…
Analysis-Diverging rates outlook has China’s yuan eying 2022 lows
By Winni Zhou, Tom Westbrook and Brenda Goh SHANGHAI/SINGAPORE (Reuters) – Bond markets are putting Chinese and global rates on…
Toyota wins over shareholders at AGM after questions on strategy, governance
TOKYO (Reuters) – Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an…
Retail and films drive modest growth in UK economy
By Andy Bruce LONDON (Reuters) – Retailers and the film industry helped Britain’s economy inch higher in April, despite contractions…
SAP co-founder Plattner intends to sell nearly 1.46 million shares
(Reuters) – Hasso Plattner, co-founder of German software firm SAP, concluded an agreement with a bank, which was not named,…