(Reuters) – Each cargo of seaborne Russian oil will be subject to the price cap when it is first sold…
European shares rise as China reopening hopes lift luxury, mining stocks
By Shreyashi Sanyal (Reuters) -European shares rose on Friday as China-sensitive luxury stocks and miners jumped on hopes that the…
Marketmind: Laboring markets get China fillip
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…
Yellen to travel to India, G20 summit as forum struggles with Ukraine war
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to India and the Group of 20…
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…
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…