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Stocks subdued, yen in focus, with inflation data on tap
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Hershey, Mondelez bet big on Easter as cocoa price crisis looms
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Greece to raise monthly minimum wage by 6.4% to 830 euros
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Syngenta ditches multi-billion dollar China IPO bid
India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say
Date: March 29, 2024
India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say By Shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to prioritise completion of free trade deals with Britain and Oman in the first 100 days of the next government if he wins upcoming elections...
UK’s Thames Water in crisis after shareholders refuse to pay up
Date: March 28, 2024
UK’s Thames Water in crisis after shareholders refuse to pay up By Sarah Young LONDON (Reuters) -Thames Water, Britain’s biggest water utility, said on Thursday its shareholders had refused to pay 500 million pounds ($631 million) promised to stabilise its finances, heightening concerns over its survival. The company, which supplies a quarter of Britain’s population...
Mercedes partly loses class action case over diesel defeat devices
Date: March 28, 2024
Mercedes partly loses class action case over diesel defeat devices BERLIN (Reuters) – A German court ruled on Thursday partly in favour of consumers in a class action suit against Mercedes Benz over diesel emissions defeat devices. Some of the German luxury carmaker’s diesel models with the Euro 6 grade engines built between 2012-2016 had...
UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger
Date: March 28, 2024
UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger LONDON (Reuters) -Britain’s competition regulator said on Thursday that it has decided not to open an in-depth ‘phase 2’ investigation into Aviva’s acquisition of AIG Life UK. Britain’s Aviva agreed last September to buy the UK life insurance business of U.S. insurer...
JD Sports’ January sales fall in ‘challenging’ market
Date: March 28, 2024
JD Sports’ January sales fall in ‘challenging’ market LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1%. The retailer, which sells Nike, Adidas and other sports fashion ranges, said its pretax profit for the year to Feb. 4...
French company Valeo to use more Google Cloud AI tools
Date: March 28, 2024
French company Valeo to use more Google Cloud AI tools PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlighting the growing importance of the technology in the cars sector. Valeo said one such area where it would be using artificial intelligence...