ProSiebenSat.1 planning ‘significantly bigger’ job cuts than before – CEO
By Klaus Lauer BERLIN (Reuters) – German media group ProSiebenSat.1 is preparing to cut significantly more staff than in previous…
Business
Belgium’s Aliaxis withdraws offer for Finland’s Uponor
COPENHAGEN (Reuters) – Belgian water management group Aliaxis has withdrawn its public tender offer for Finland’s Uponor, the bidder said…
German wholesale prices down 2.6% y/y in May
BERLIN (Reuters) – Germany’s wholesale prices fell in May compared with the same month last year, according to data released…
Exclusive-Russia’s Sberbank to issue yuan bonds in 2023 if opportunity arises
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s dominant lender Sberbank will issue bonds in Chinese yuan this…
Tranquility reigns over markets still awash with cash, for now
By Naomi Rovnick and Harry Robertson LONDON (Reuters) – Soaring interest rates, slowing economic growth and a banking sector still…
Chinese automaker BYD reopens two Hong Kong showrooms after vandalism
HONG KONG (Reuters) – Chinese automaker BYD Co Ltd has restarted operations at two showrooms and a service centre in…
France’s Finance Minister pledges renewed push to cut public spending -FT
(Reuters) – French Finance Minister Bruno Le Maire will take a more stringent approach to public finances, he told the…
Indonesia’s May trade surplus to shrink to $3.02 billion – Reuters poll
JAKARTA (Reuters) – Economists surveyed in a Reuters poll expect Indonesia’s May trade surplus to shrink from the previous month,…
Analysis-Japanese investors’ patience running thin as BOJ stalls
By Kevin Buckland and Ankur Banerjee TOKYO/SINGAPORE (Reuters) – For Japan’s long term bond investors, an end to the Bank…
Marketmind: A hawkish skip or a dovish pause?
A look at the day ahead in European and global markets from Kevin Buckland There’s no escaping that it’s all…