By Sakura Murakami and Tim Kelly TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida will join NATO leaders in Lithuania on Tuesday to remind an alliance focused on Ukraine to pay heed to Chinese and Russian activity in Asia, which Japan sees as a threat to global security. Kishida’s second visit to a North Atlantic Treaty…
MADRID (Reuters) – U.S. chipmaker Broadcom will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday. “Excited to announce our decision to invest in Spain’s semiconductor ecosystem under their semiconductor support program,” Kawwas said on his Twitter account. The project in which Broadcom…
MADRID (Reuters) – Spanish soccer club FC Barcelona plans to list its digital unit Barca Media on the Nasdaq Stock Market through the creation of a special purpose acquisition company (SPAC), newspaper Expansion reported on Friday citing unidentified market sources. The plan, which involves Swiss private equity fund Mountain Partners, is still in an ‘initial…
ROME (Reuters) – The United Nations food agency’s world price index fell in June to its lowest level in more than two years, pushed down by a drop in the cost of sugar, vegetable oils, cereals and dairy products. The Food and Agriculture Organization’s (FAO) price index, which tracks the most globally-traded food commodities, averaged…
(Reuters) -L Catterton, a private equity firm backed by LVMH, is considering strategic options for Birkenstock including an initial public offering, which could value the German sandal maker at more than $6 billion, Bloomberg News reported on Thursday. L Catterton is working with advisers that include Goldman Sachs and JPMorgan on a potential U.S. listing…
BERLIN (Reuters) – A swift economic recovery for Germany appeared less likely on Friday as data showed a surprise fall in industrial production. Output fell by 0.2% in May compared with the previous month, the federal statistical office said. Analysts polled by Reuters had predicted that output would stagnate. Carsten Brzeski, chief economist at ING,…
(This July 4 story has been refiled to specify data on gallium is for primary gallium only in paragraph 12 and add Canadian gallium producer in paragraph 8) (Reuters) – China said on Monday it will impose export restrictions from Aug. 1 on some gallium and germanium products, metals used in computer chips and other…
PARIS (Reuters) – Record demand from India sharply increased Airbus orders in June to leave the European planemaker with 1,044 net orders in the first half of the year, data showed on Friday. In a bulletin, Airbus officially booked orders for 500 jets from budget carrier IndiGo and 250 from Air India that were announced…
A look at the day ahead in European and global markets from Tom Westbrook Bond markets are in a world of pain, with yields catapulted to decade highs across developed markets. The trigger is not immediately clear, selling having begun before private U.S. payrolls data landed on Thursday, but the momentum has stopped out those…
NEW DELHI/LONDON (Reuters) – Freedom of expression cannot be used for “legitimising violence”, India said on Thursday in response to media reports citing comments by Canada’s prime minister on Ottawa’s handling of supporters of a separate state for the Sikh community. India summoned the Canadian envoy in New Delhi to register its protest after Indian…
