A look at the day ahead in U.S. and global markets from Mike Dolan. With one eye on the U.S.…
Kering shares up on report company seeks to buy Tom Ford
By Mimosa Spencer PARIS (Reuters) -Shares in Gucci-owner Kering rose in early Friday trading following a report the French luxury…
Ping An urges HSBC to make aggressive cost cuts
HONG KONG (Reuters) – HSBC Holdings shareholder Ping An has urged the lender to cut costs aggressively and exit sub-scale…
Trio to lead energy-drinks giant Red Bull after co-founder’s death
VIENNA (Reuters) – Energy-drinks giant Red Bull will be headed by a board consisting of three current members of senior…
ECB to focus on capping demand and inflation expectations, de Guindos says
FRANKFURT (Reuters) – The European Central Bank will continue to focus on dampening demand and capping inflation expectations to prevent…
Berkshire trims stake in China’s BYD H-shares worth HK$560 million – filing
HONG KONG (Reuters) – Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 3.297 million Hong Kong-listed…
Bank of England trying to curb inflation without too much pain-Pill
LONDON (Reuters) -The Bank of England is trying to bring down inflation without causing too much pain to Britain’s economy,…
German industrial orders drop in Sept as foreign demand dives
BERLIN (Reuters) – German industrial orders fell by more than expected in September as foreign demand slumped, putting Europe’s largest…
Italy’s Monte dei Paschi says cash call 96.3% covered
By Valentina Za MILAN (Reuters) -Investors in Monte dei Paschi di Siena have taken up 96.3% of the Italian lender’s…
Hungary picks PwC partner to lead new anti-graft body overseeing EU funds
BUDAPEST (Reuters) – Hungary’s State Audit Office has picked PricewaterhouseCoopers forensic partner Ferenc Biro to lead a new anti-graft body…