LONDON (Reuters) – Russian billionaire Vladimir Potanin’s Interros group said on Monday it had bought United Card Services, part of Global Payments Inc, its third deal in the space of three weeks as it snaps up financial assets from buyers exiting the Russian market in the wake of Russia’s invasion of Ukraine. Interros did not…
MILAN (Reuters) – The board of Generali on Monday reappointed Philippe Donnet as chief executive with 10 votes in favour out of 13, two sources said, after a group of rebel Italian investors seeking to oust him lost out in a shareholder vote last week. The two sources with knowledge of the matter said Francesco…
By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google will provide any U.S. business over $100,000 worth of online courses in data analytics, design and other tech skills for their workers free of charge, the search company said on Monday. The offer marks a big expansion of Google’s Career Certificates, a program the company…
By Devik Jain (Reuters) -Wall Street’s main indexes fell in volatile trading on Monday, dragged down by Amazon.com and financial stocks, with investor focus squarely on the Federal Reserve meeting this week where policymakers are widely expected to raise interest rates. Amazon.com slid 3.2%, adding to a 14% drop on Friday after a gloomy quarterly…
MILAN (Reuters) – Italian shipbuilder Fincantieri is in talks with Norwegian Cruise Line (NCL) over an order worth around $4 billion to build new cruise ships, a source with knowledge of the matter told Reuters on Monday. Italian daily Il Secolo XIX reported on Sunday that six new ships could be built by Fincantieri for…
By Stephen Culp NEW YORK (Reuters) -Wall Street recovered some lost ground on Monday and benchmark U.S. Treasury yields hit a 3-1/2-year high at the start of an eventful week of corporate earnings, economic data, and an expected interest rate hike from the U.S. Federal Reserve. All three major U.S. stock indexes were last modestly…
By Noah Browning LONDON (Reuters) -Oil prices fell on Monday as concerns over weak economic growth in China, the world’s top oil importer, overshadowed fears supply might be crimped by a potential European Union ban on Russian crude. Brent crude futures fell $2.70, or 2.5%, to $104.44 a barrel at 1111 GMT, while U.S. West…
(Reuters) -Goldman Sachs Group Inc reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a regulatory filing on Monday. The bank said market exposure tied to Russia and total exposure to Ukraine were not material. In March, Goldman Sachs became…
By Stine Jacobsen and Nikolaj Skydsgaard COPENHAGEN (Reuters) – European stocks suddenly fell on Monday before partly recovering in what brokers described as a “flash crash” or an erroneous trade on a day where a holiday thinned trading activity. The Stockholm benchmark stock index was amongst the hardest hit and after falling by 8% at…
By Alexander Cornwell DUBAI (Reuters) – Deliveroo has suspended plans that would cut rider earnings in the United Arab Emirates after a rare strike by foreign delivery workers in the Gulf Arab state over working conditions disrupted services on Sunday. In an email to restaurants on Monday, seen by Reuters, Deliveroo said it was pausing…
