Inflation tightens grip on UK services firms in worry for BoE -flash PMI
By William Schomberg LONDON (Reuters) – Companies in Britain’s services sector increased prices at a rapid pace in May as…
Europe
Services drive acceleration in German business activity in May -flash PMI
BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector…
French business activity grows at slowest pace in four months in May – flash PMI
PARIS (Reuters) – French business activity expanded at is slowest pace in four months in May, a survey showed on…
UK grocery inflation edges lower to 17.2% in May -Kantar
By James Davey LONDON (Reuters) – British grocery inflation eased slightly for the second month in a row in May…
Krupa, hard-driving veteran entrusted with reviving Societe Generale
By Mathieu Rosemain PARIS (Reuters) – Slawomir Krupa has one clear mission when he takes over at Societe Generale on…
Austria’s Raiffeisen attempts last-ditch Russian spin-off -sources
By Alexandra Schwarz-Goerlich and John O’Donnell VIENNA/FRANKFURT (Reuters) – Raiffeisen Bank International (RBI) is stepping up moves to hand its…
Ukraine courts Africa and ‘Global South’ as peace plans proliferate
By Tom Balmforth KYIV (Reuters) – Ukraine’s foreign minister began a tour of African countries this week, stepping up wartime…
Euro 7 emissions standard to cost many times EC forecasts -industry group
By Nick Carey LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that…
As Bud slips, Heineken plots further shake-up of U.S. light beer
By Doyinsola Oladipo and Philip Blenkinsop NEW YORK/BRUSSELS (Reuters) – As investors try to assess the fallout on global brewing…
Majority of British firms cautious on new investments in China – survey
By Joe Cash BEIJING (Reuters) -A majority of British companies are taking a “wait and see approach” on new investments…