Slower sales at debt-laden French retailer Casino sink shares
By Dominique Vidalon PARIS (Reuters) – Heavily-indebted French retailer Casino said on Thursday sales growth slowed in the first quarter,…
Europe
As sales decline, Adidas faces pressure to find Yeezy fix
By Helen Reid LONDON (Reuters) – Adidas is set to update investors on Friday about the unsold Yeezy shoes that…
South Africans call for UK to return diamonds set in crown jewels
JOHANNESBURG (Reuters) – Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star…
Adviser to Italy’s Treasury tables proposal for windfall tax on banks
By Giuseppe Fonte ROME (Reuters) – Italy should introduce a tax on banks to claw back extra profits made on…
UniCredit to use 300 million euro charges for staff exits-sources
MILAN (Reuters) -UniCredit will use restructuring charges to help fund voluntary exits for some of the additional 1,000 employees who…
Blackstone mulls sale of Dutch bank NIBC –sources
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez LONDON (Reuters) – U.S. buyout house Blackstone is weighing options for…
UK businesses raise prices to pass on higher wage costs: PMI
By Suban Abdulla LONDON (Reuters) -Britain’s services sector kicked off the second quarter with its fastest growth in a year,…
Analysis-Fed up with shrinking savings, Europeans drain billions from banks
By Sinead Cruise, John O’Donnell and Tom Sims LONDON/DUBLIN (Reuters) – European savers are pulling more of their money from…
BMW stays cautious on outlook, says some car prices may rise
By Victoria Waldersee BERLIN (Reuters) -BMW will not cut electric vehicle (EV) prices in China and may raise some car…
Kremlin: We are not aware of any detailed Vatican peace plans
(Reuters) – The Kremlin said on Thursday that it knew Pope Francis was thinking about ways to end the conflict…