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Intel facility is largest greenfield investment in Poland, PM says
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Travis Perkins warns on profit in sign of UK housing market difficulty
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Rheinmetall expects German ammunition order worth billions soon -CEO
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Britain’s ITV considers possible deal to buy All3Media
Europe’s brief window of market outperformance swings shut
Date: June 16, 2023
LONDON (Reuters) – European equities and the euro look set to lose out to U.S. markets in the months ahead, as a stellar run in early 2023 has fizzled out in the face of tepid global economic performance and the AI hype that has brought a sparkle to Wall Street. The S&P 500 is up...
Virgin Galactic plans first commercial space service for June; shares take off
Date: June 16, 2023
Virgin Galactic plans first commercial space service for June; shares take off (Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial spaceflight service would launch later this month, sending its shares up over 55% in trading after the bell. The first spaceflight, called “Galactic 01”, is...
Crypto investors step up risk management after last year’s meltdowns
Date: June 16, 2023
Crypto investors step up risk management after last year’s meltdowns By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a regulatory crackdown will put more pressure on remaining...
Stoltenberg leaves open prospect of staying on as NATO leader
Date: June 16, 2023
BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on Thursday left open the prospect that his term may be extended as senior officials from alliance member countries openly endorsed the idea – including one of his potential successors. Stoltenberg’s term has already been prolonged three times and he is due to step down in September after...
Alibaba aims to expand local business in Europe, president says
Date: June 15, 2023
Alibaba aims to expand local business in Europe, president says By Silvia Aloisi PARIS (Reuters) -Alibaba Group will make Europe top priority as it focuses on building local businesses and online platforms outside China, the president of the e-commerce giant said on Thursday. “What we will focus more for the future is to build local...
Britain’s National Grid expects to meet electricity demand this winter
Date: June 15, 2023
LONDON (Reuters) -Britain’s National Grid expects to have enough capacity to meet demand for electricity this winter and will keep exploring additional options amid continued supply risks following Russia’s invasion of Ukraine, it said on Thursday. Despite disruption to gas flows from Russia because of the war in Ukraine, Europe and Britain have ended the...