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Analysis: Blockchain needs MP3 music moment to win over markets
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France’s Alstom trains sights on higher synergies after profit beat
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Broadcaster ITV says ad market will get tougher after ‘robust’ quarter
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Caterer Compass boosted by post-pandemic return to work
Thyssenkrupp raises sales forecast, cuts free cash flow outlook
Date: May 11, 2022
FRANKFURT (Reuters) – German conglomerate Thyssenkrupp on Wednesday raised its outlook for sales and operating profit for 2022 but cut its free cash flow forecast, reflecting a rise in both selling prices and commodity costs. The submarines-to-car parts group expects its free cash flow before mergers and acquisitions to be in negative triple-digit million euros,...
ECB to start raising rates gradually this summer – Villeroy
Date: May 11, 2022
PARIS (Reuters) -The European Central Bank (ECB) will start raising rates gradually this summer, ECB member and Bank of France head Francois Villeroy de Galhau said on Wednesday. Several ECB policymakers have argued for a rate hike in July to counter rising inflation, which soared to a record high of 7.5% in the 19-nation euro...
Three big asset managers file joint climate resolutions at J-Power
Date: May 11, 2022
By Makiko Yamazaki TOKYO (Reuters) – Three European asset managers, including the largest, Amundi, said on Wednesday they had jointly filed climate-change resolutions at Japanese electricity generator Electric Power Development Co Ltd, known as J-Power. In what they say are the first climate-related proposals by an institutional investor group to a Japanese firm, Amundi, hedge...
Exclusive: Google paying more than 300 EU publishers for news, more to come
Date: May 11, 2022
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters. The move to be announced...
French central bank sees 0.2% second quarter growth
Date: May 11, 2022
PARIS (Reuters) – France will eke out quarterly growth of 0.2% in the second quarter as parts of the service sector recover from a slump induced by the Omicron COVID variant earlier this year, the central bank said on Wednesday. That would mark a slight acceleration after growth in the euro zone’s second-biggest economy stalled...
Deloitte 2022 Government Trends report identifies resilience, connectivity, and inclusion as themes reshaping a post-pandemic public sector
Date: May 10, 2022
New era of global public health partnerships emerging post-pandemic in response to the need for better health preparedness Public expectations for integrated services spurring demand for connected government agencies, fueled by data and advanced technologies Digital divide being addressed to help disadvantaged populations access services and social care Social care leaders adopting human-centered mindset to...