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Financial sector seeks delay to revising EU sustainability rules for asset managers

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British PM Sunak says he has failed on key healthcare pledge

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Explainer-Why the $5.2 billion sale of Russia’s Yandex is significant

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Vodafone in ‘active’ Italy deal talks as German recovery slows

Factbox-Germany hit by strikes as workers demand better pay and conditions
Date: February 5, 2024
Factbox-Germany hit by strikes as workers demand better pay and conditions BERLIN (Reuters) – Germany has been hit by a series of strikes since the start of 2024 as unions press for higher wages and improved working conditions to make up for high inflation and staff shortages in Europe’s largest economy. The industrial action has...

British equities rise on luxury stocks boost; economic data in focus
Date: February 5, 2024
British equities rise on luxury stocks boost; economic data in focus By Khushi Singh (Reuters) -Britain’s FTSE 100 climbed on Monday, set to snap a three-session losing streak, supported by a rise in luxury stocks such as Burberry and Diageo, while precious metal miners slipped on lower gold prices as bets on early interest rate...

Lack of orders weighs on German economy – Ifo
Date: February 5, 2024
Lack of orders weighs on German economy – Ifo BERLIN (Reuters) – The lack of orders in manufacturing is increasingly becoming a burden on the German economy, the Ifo Institute said on Monday. In January, 36.9% of manufacturing companies reported a lack of orders, up from 36.0% in October, according to Ifo’s surveys. A year...

Hipgnosis Songs Fund to seek indemnity from Mercuriadis over legal claims
Date: February 5, 2024
Hipgnosis Songs Fund to seek indemnity from Mercuriadis over legal claims (Reuters) -Hipgnosis Songs said on Monday it is seeking protection from founder Merck Mercuriadis against a legal claim launched by a former business against the music royalties fund, its investment adviser and the industry veteran. Hipgnosis Music Limited (HML), founded in 2015 and now...

El Salvador’s Bukele re-elected as president in landslide win
Date: February 5, 2024
El Salvador’s Bukele re-elected as president in landslide win By Nelson Renteria and Sarah Kinosian SAN SALVADOR (Reuters) -President Nayib Bukele on Sunday secured a thumping victory in El Salvador’s elections after voters cast aside concerns about erosion of democracy to reward him for a fierce gang crackdown that transformed security in the Central American...

Nokia signs 5G patent deal with China’s Vivo
Date: February 5, 2024
Nokia signs 5G patent deal with China’s Vivo HELSINKI (Reuters) -Finnish telecom equipment maker Nokia said on Monday it has signed a multi-year 5G patent license agreement with Chinese smartphone vendor Vivo and will begin recognising net sales from the deal in the first quarter of 2024. “The agreement resolves all pending patent litigation between...
