BERLIN/BRUSSELS (Reuters) -Luxembourg’s former finance minister Pierre Gramegna will take over the euro zone’s bailout fund, the European Stability Mechanism…
Cost-of-living crisis casts shadow over Europe’s Black Friday
By James Davey LONDON (Reuters) – Europe’s retailers are hoping Black Friday discount day will get shoppers spending, though it…
France’s CMA CGM sees profits ebbing as shipping boom fades
PARIS (Reuters) -CMA CGM said it expects a pullback in shipping markets to accelerate in the fourth quarter due to…
Neuberger Berman gets Chinese regulatory nod to conduct mutual fund business
BEIJING (Reuters) -U.S. asset manager Neuberger Berman’s Chinese unit said on Friday it had been granted a license by the…
Europe’s STOXX 600 logs sixth straight week of gains
By Sruthi Shankar and Devik Jain (Reuters) -Europe’s STOXX 600 index closed flat on Friday, for its sixth straight weekly…
Benettons, Blackstone reach more than 95% of Atlantia after bid – Reuters calculations
MILAN (Reuters) – A buyout offer launched by the Benetton family and U.S. investment fund Blackstone for Italy’s Atlantia has…
EU demands quick fix from U.S. of green subsidy law
By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differences…
IKEA stores owner Ingka’s annual operating profit rises 9%
By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise…
Amazon to shut down food-delivery business in India
NEW DELHI (Reuters) – Amazon Inc will shut down a food-delivery business it was testing in India, the e-commerce giant…
From wine to fishing tackle, retailers pray Advent calendars draw in shoppers
By Doyinsola Oladipo NEW YORK (Reuters) -Counting the days until Christmas is a major marketing move for retailers this year.…