Italy’s Prada to invest 60 million euros to help boost production capacity
By Elisa Anzolin VALVIGNA, Italy (Reuters) – Italy’s Prada is planning to spend 60 million euros ($66 million) on industrial…
Europe
EU lawmakers demand obligatory hosting of migrants under looming overhaul
By Gabriela Baczynska BRUSSELS (Reuters) – European Union lawmakers voted on Thursday to require member countries to host some of…
Stellantis tests e-fuels on existing engines to decarbonise fleet
(Reuters) – Carmaker Stellantis is testing synthetic e-fuels, which are made with renewable energy, on 28 types of its internal…
Value of Russian exports falls 35% in Q1 as oil price cap bites -central bank
MOSCOW (Reuters) – The value of Russia’s exports fell 35% year-on-year in the first quarter of 2023, due in part…
Global wine trade hits record-high value but volumes fall
PARIS (Reuters) – The global wine trade reached record-high value last year, supported by a sharp rise in prices, but…
Russian inflation risks must ease to make room for rate cut – central bank
MOSCOW (Reuters) -Inflationary risks in Russia must decrease in order to create room for interest rate cuts, Central Bank Governor…
ECB’s Lagarde: “still a bit of a way to go” on monetary policy
PARIS (Reuters) -Euro zone inflation is too high and the European Central Bank’s monetary policy “still has a bit of…
Amazon to expand office supplies business after pandemic sales boost in Europe
LONDON (Reuters) – Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped…
Taiwan’s Starlux pushes Airbus on deliveries as it adds long-haul routes
By Ben Blanchard TAIPEI (Reuters) – Taiwan’s Starlux Airlines Co Ltd is pushing Airbus SE to speed up deliveries as…
BlackRock’s Hildebrand says UBS role in Switzerland in focus after CS rescue
By Yoruk Bahceli and Padraic Halpin DUBLIN (Reuters) -The vice chairman of big UBS shareholder BlackRock Philipp Hildebrand said on…