UK’s Melrose Industries lifts 2025 expectations on aerospace focus
(Reuters) – Melrose Industries Plc expects its engines business to power its profit margins in 2025 as aftermarket services would…
Europe
China’s Xi pledges deeper Kazakh ties in times of ‘prosperity and adversity’
By Andrew Hayley XIAN, China (Reuters) -China wants to further deepen relations with Kazakhstan in times of both “prosperity and…
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
MILAN (Reuters) – Telecom Italia’s top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo…
Mike Ashley’s Frasers raises stake in online retailer ASOS
(Reuters) – Britain’s Frasers Group raised its stake in online fashion retailer ASOS, a filing showed on Wednesday, as the…
France’s Sarkozy loses corruption appeal, to challenge at highest court
By Tassilo Hummel PARIS (Reuters) -Former president Nicolas Sarkozy lost his appeal against a 2021 conviction for corruption and influence…
ECB zeroes in on struggling borrowers and forex as times get tougher
FRANKFURT (Reuters) – The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and…
Exclusive-Polish fiscal policy should help tackle inflation – IMF
By Gergely Szakacs BUDAPEST (Reuters) – Poland’s government must ensure its fiscal policies support the fight to bring inflation down,…
Analysis-Amgen’s antitrust woes spur wider pharmaceutical deal fears
By David Carnevali NEW YORK (Reuters) – Investors are scrambling to assess the fallout of a U.S. regulatory challenge against…
Marketmind: Fed rates to stay higher for longer, debt drama goes on
(Reuters) – A look at the day ahead in U.S. and global markets from Samuel Indyk. The Federal Reserve is…
EV maker Fisker is exploring collaboration with other companies, CEO says
By Victoria Waldersee and Joseph White MUNICH (Reuters) – Electric car maker Fisker Inc is exploring collaboration with other companies…