By Joice Alves LONDON (Reuters) -Shares of Ladbrokes owner Entain fell to the bottom of the London blue-chip index on Wednesday after the company announced it was buying Poland-based sports betting operator STS Holdings. Entain shares fell 10.5% to their lowest since March 29, in their biggest daily decline in four months as analysts picked…
BRUSSELS (Reuters) – Euro zone industrial production rebounded more than expected in April after a slump in March, as a surge in the output of capital goods such as buildings and equipment offset reduced production of consumer goods, data showed on Wednesday. Industrial production in the 20 countries sharing the euro rose 1.0% month-on-month in…
By Guy Faulconbridge MOSCOW (Reuters) – Russian President Vladimir Putin in March announced a plan to deploy tactical nuclear weapons in Belarus, Moscow’s first move of such warheads outside Russia since the 1991 fall of the Soviet Union. What is known about the deployment? WHAT DID PUTIN SAY? Putin’s nuclear deployment is a message to…
MADRID (Reuters) – Shares in Spanish pharmaceutical Grifols soared on Wednesday morning after it disclosed a plan to reduce its stake in Shanghai RAAS in a deal that would bring in $1.5 billion. Shares in Grifols, which produces drugs made out of blood plasma, were up 8.0% in morning trade after the company announced it…
By Andy Bruce LONDON (Reuters) – Retailers and the film industry helped Britain’s economy inch higher in April, despite contractions in manufacturing and construction, according to data on Wednesday that pointed to slow growth rather than recession. Britain’s economy grew by 0.2% month-on-month in April, the Office for National Statistics said, matching the consensus in…
(Reuters) – Hasso Plattner, co-founder of German software firm SAP, concluded an agreement with a bank, which was not named, to dispose of nearly 1.46 million shares of the company, a disclosure release said on Wednesday. Plattner, who according to Refinitiv data personally owns a 3.16% stake and a 3.44% stake via his foundation, intends…
BERLIN (Reuters) – The German Economy Ministry said on Wednesday it expects a moderate economic recovery over the further course of year, citing easing price pressures in the global energy market and an expected rebound in the global economy, among other factors. An “economic” recession in the sense of a more sustained downturn is not…
(Reuters) – Russian state entity NAMI said on Wednesday it had acquired a 100% stake in a factory producing anti-lock brakes and other systems for cars that was formerly owned by German technology group Robert Bosch. NAMI, Russia’s Central Automobile and Engine Research and Development Institute, has been snapping up assets from global carmakers that…
(Reuters) – The following are comments from key European Central Bank policymakers in the run up to the June 15 policy meeting. The ECB has already said that “more ground” needs to be covered, universally understood to mean that another rate hike is coming, but views on the outlook further out diverge. CHRISTINE LAGARDE, ECB…
BEIJING (Reuters) – China’s industry minister met Siemens’ chief executive on Wednesday and discussed intelligent manufacturing, digital economy development and the digital transformation of small and medium-sized enterprises, the ministry said. The minister, Jin Zhuanglong, said the Chinese government attaches great importance to promoting the deep integration of the digital economy, according to a statement…
