By John McCrank NEW YORK (Reuters) – The euro dropped more than 1% on Thursday, falling back below parity with…
Swedish Match recommends shareholders accept Philip Morris’ $16 billion offer
(Reuters) -Swedish Match AB on Thursday recommended its shareholders accept Marlboro maker Philip Morris International Inc’s raised $16 billion buyout…
Oil settles higher on strong crude demand, easing recession fears
By Laura Sanicola (Reuters) -Oil rose more than $1 a barrel on Thursday, extending the previous day’s rally of nearly…
Germany’s Continental announces $210 million Mexico expansion
MEXICO CITY (Reuters) – German auto parts maker Continental AG said on Thursday it will invest around 210 million euros…
Factbox-Who’s in and out in Credit Suisse’s day of reckoning
By Pamela Barbaglia (Reuters) – Credit Suisse’s latest shake-up has led to the promotion of some senior executives to more…
Portugal’s parliament approves budget bill on first reading
LISBON (Reuters) – Portugal’s parliament easily approved the majority Socialist government’s 2023 budget bill on its first reading on Thursday,…
Car parts maker Valeo confident of reaching full-year targets
By Elena Vardon and Lina Golovnya (Reuters) -French car parts maker Valeo on Thursday said it was confident in its…
Universal Music Q3 earnings beat expectations, streaming growth slows
AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Thursday reported better than expected third-quarter core earnings…
ECB hawks play down change in rate language as doves claim small win -sources
By Francesco Canepa, Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) – Some European Central Bank policymakers played down a change…
Italy consumer morale at 9-year low as Meloni takes charge
ROME (Reuters) – Morale amongst Italian businesses and consumers fell in October, data showed on Thursday, underscoring the challenges facing…