Ferrari fever? Classic cars roar into investment funds
By Valentina Za and Giulio Piovaccari MILAN (Reuters) – In 1977, a Ferrari owner offloaded his 1962 250 GTO because…
Business
Motorcycling-Bagnaia smashes lap record to take Americas GP pole
(Reuters) – Ducati’s reigning MotoGP world champion Francesco Bagnaia smashed the circuit lap record to take pole position for the…
Casino bondholders seeking better terms in Teract tie-up
By Chiara Elisei LONDON (Reuters) – Some holders of bonds issued by French food retailer Casino are working with financial adviser…
Angry Birds maker Rovio confirms talks with Sega over tender offer
(Reuters) – Rovio Entertainment, the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks…
Atomic ‘angst’ over? Germany closes last nuclear plants
By Riham Alkousaa BERLIN (Reuters) – Germany will pull the plug on its last three nuclear power stations by Saturday,…
US bank giants ride rate rises, keep storm clouds at bay
By Nupur Anand, Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) -U.S. banking heavyweights reaped windfalls from higher interest payments…
Bank of England’s Tenreyro says patience needed to lower inflation
(Reuters) -Bank of England policymaker Silvana Tenreyro said past interest rate rises would take time to bear down on inflation,…
Emergency Credit Suisse rescue shakes faith in Switzerland
By John Revill and Noele Illien ZURICH/BERN (Reuters) -Switzerland’s tradition of dependable consensus politics has taken a battering after the…
Societe Generale to pay $105 million in rate-rigging settlement
NEW YORK (Reuters) – Societe Generale SA agreed to pay $105 million to settle U.S. investor litigation accusing the French…
German industry association raises 2023 export growth forecast to 2% – report
BERLIN (Reuters) – Germany’s BDI industry association expects exports to grow by 2% in 2023, double its forecast in January,…