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Macron, Scholz plaster over differences with smiles and a handshake
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Italy’s windfall tax on energy companies needs to be rewritten – PM
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Heathrow Airport says return to pre-pandemic demand years away
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Twitter shares cruise towards Musk’s offer price as deal deadline looms
France’s Dassault Systemes shares slump on reduced licence target
Date: October 27, 2022
By Karol Badohal GDANSK (Reuters) -French software maker Dassault Systemes’ shares dropped more than 5% on Wednesday, erasing Tuesday’s gains, as investors reacted to reduced licence growth expectations in its third-quarter results. The company, which sells software for carmakers, planemakers and industrial companies, raised its full-year earnings and revenue forecast, due in part to the...
New UK PM Sunak commits to fracking ban – spokesman
Date: October 26, 2022
LONDON (Reuters) – Fracking will be banned in England under Prime Minister Rishi Sunak, reversing a decision made by his predecessor Liz Truss, as the new British leader returned to a 2019 Conservative Party manifesto pledge. During her short term as prime minister, Truss had lifted a moratorium on fracking, arguing last month that strengthening...
Factbox-European gas prices: why have they been falling?
Date: October 26, 2022
By Nina Chestney LONDON (Reuters) – European benchmark gas prices have been steadily declining over the past few months to near their levels before war broke out in Ukraine. [NG/EU] Europe has been facing an energy supply squeeze this year as Russia has cut gas flows after the West imposed sanctions in response to its...
Factbox-Rishi Sunak’s cabinet: who is in the UK prime minister’s leadership team?
Date: October 26, 2022
LONDON (Reuters) – British Prime Minister Rishi Sunak on Tuesday appointed key ministers to his government after replacing Liz Truss as leader earlier in the day. Below are the main Cabinet and ministerial appointments: POSITION MINISTER APPOINTED PREVIOUS MINISTER Chancellor of the Jeremy Hunt Exchequer (finance (re-appointed) minister) Foreign Secretary James Cleverly (re-appointed) Leader of...
StanChart surprises with 40% profit jump, ups income goal on rising rates
Date: October 26, 2022
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest rates boosted the emerging markets-focused bank’s income, giving it ammunition to upgrade its revenue outlook despite a weakening global economy. StanChart, which earns most of its revenue in Asia, raised its income growth forecast for this year to...
Puma confirms full-year outlook, flags market volatility
Date: October 26, 2022
By Alexander Hübner and Joice Alves BERLIN/LONDON (Reuters) – Shares in Puma fell 1.75% on Wednesday after the company confirmed its full-year guidance but flagged uncertainty in the global market. The German sportswear maker reiterated its full-year operating result and sales outlook, after what it said was the best third quarter in its history. “We...