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Intensifying heat waves prompt health warnings for Europe, US
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Global shares rise, dollar rebounds as Fed seen on target for rate hike
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Renault Dacia sales surge 24% in first-half, production issues linger
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Dutch e-bike maker VanMoof bankrupt, administrators may sell assets
Swedbank profit exceeds forecast as real estate slump leaves scant mark
Date: July 18, 2023
Swedbank profit exceeds forecast as real estate slump leaves scant mark By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of higher interest income, and said its credit quality was solid as loan impairments fell sequentially in the second quarter. Swedbank, Sweden’s biggest...
Greece to begin selling bank stakes this autumn-sources
Date: July 17, 2023
Greece to begin selling bank stakes this autumn-sources ATHENS (Reuters) – Greece will this autumn start selling stakes in its four largest banks, sector officials and bankers said on Monday, marking the latest milestone in the country’s recovery from the financial meltdown it suffered in previous decade. State-controlled bank bailout fund HFSF will sell separately...
Japan PM Kishida in Abu Dhabi for energy, green tech talks
Date: July 17, 2023
Japan PM Kishida in Abu Dhabi for energy, green tech talks By Rachna Uppal ABU DHABI (Reuters) – Japanese Prime Minister Fumio Kishida arrived in the United Arab Emirates on Monday for the second stop of a Gulf tour focused on securing energy supplies and offering Japanese green technology. Kishida met with Emirati President Sheikh...
Global temperatures near record highs as US, China meet on climate
Date: July 17, 2023
Global temperatures near record highs as US, China meet on climate By Charlie Devereux MADRID (Reuters) – Global temperatures were soaring to historic highs as the world’s two biggest carbon emitters, the United States and China, sought on Monday to reignite talks on climate change. With scientists saying the target of keeping global warming within...
German economy may disappoint as sentiment worsens – Bundesbank
Date: July 17, 2023
German economy may disappoint as sentiment worsens – Bundesbank FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite a small bounce in the second quarter, the Bundesbank said on Monday. Industry-heavy Germany is bearing the brunt of a drop in global demand for goods...
Spain election: Bike lanes, low-emission zones in crosshairs in rightist-run cities
Date: July 17, 2023
Spain election: Bike lanes, low-emission zones in crosshairs in rightist-run cities By Belén Carreño and Pietro Lombardi MADRID/VALLADOLID (Reuters) – Aiming to highlight the city of Valladolid’s green credentials, Spain’s Environment Minister Teresa Ribera arrived by bicycle at a European Union climate meeting there last week. But even as she pedalled to the event along...