European shares post worst week in three months, Siemens Energy slumps
By Shreyashi Sanyal, Bansari Mayur Kamdar (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed…
Economy
Carnival set to post strong revenue growth as new, younger customers drive demand
By Granth Vanaik (Reuters) – Carnival is expected to post robust second-quarter revenue growth as new and younger customers, undeterred…
Analysis-Investors lament lost opportunity after unconvincing Turkish rate hike
By Libby George LONDON (Reuters) -Foreign investors hoping for a game-changing rate hike from Turkey’s newly appointed central bank chief…
Pakistan’s economic meltdown spurs more people to risk lives to reach Europe
By Gibran Naiyyar Peshimam KHUIRATTA, Pakistan-administered Kashmir (Reuters) – Hameed Iqbal Bhatti had prospered over two decades working in Saudi…
PwC Australia in talks to spin off units damaged by scandal – source
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) -PricewaterhouseCoopers Australia is looking to sell its government, education and healthcare practice…
Carlsberg agrees to sell Russian business to undisclosed buyer
COPENHAGEN (Reuters) -Danish brewer Carlsberg said on Friday it had signed an agreement to sell its Russian business but did…
Home Depot to pay $72.5 million to settle California wage class action
By Jonathan Stempel (Reuters) – Home Depot has agreed to pay $72.5 million to end a long-running class-action lawsuit alleging…
Danone, Kellogg among 75 companies France has asked for price cuts – document
By Richa Naidu and Sybille de La Hamaide LONDON/PARIS (Reuters) -Danone and Kellogg are among 75 consumer goods companies that…
UK banks agree limited mortgage relief measures for stressed borrowers
By Kylie MacLellan, Lawrence White and Muvija M LONDON (Reuters) -British banks agreed on Friday to give homeowners who miss…
Southwest Airlines reaches tentative agreement with mechanics union
(Reuters) – Southwest Airlines said on Friday it had reached a tentative agreement with the union representing the company’s mechanics…