By Andrew MacAskill and Alistair Smout LONDON (Reuters) -Scottish nationalists picked Humza Yousaf to be the country’s next leader on Monday after a bitterly fought contest that exposed deep divisions in his party over policy and a stalled independence campaign. The 37-year-old practising Muslim succeeds Nicola Sturgeon as leader of the governing Scottish National Party …
Humza Yousaf wins race to be Scotland’s next leader Read More »
(Reuters) – British advertising group WPP said on Monday it has acquired Obviously, a New York-based social influencer marketing agency, for an undisclosed sum. The deal comes less than a week after WPP agreed to buy Goat, an influencer marketing specialist, which focusses on marketing campaigns that aim to improve customer engagement for brands including …
UK’s WPP buys Obviously to expand social influencer marketing business Read More »
BERLIN (Reuters) – The 18 Leopard 2 battle tanks pledged by Germany to support Ukraine in its war against Russia have arrived in Ukraine, a security source said on Monday, confirming a report by Spiegel news magazine. Germany agreed in January to supply the tanks, regarded as among the best in the West’s arsenal, overcoming …
German Leopard 2 tanks have reached Ukraine – security source Read More »
By Ernest Scheyder (Reuters) – Li-Cycle Holdings Corp said on Monday it will build a French facility to break down batteries from forklift manufacturer The Kion Group, marking the latest expansion by the rapidly growing recycling company. The French facility, which is expected to open in 2024 and complement similar sites under development in Germany …
Li-Cycle to build French battery processing facility Read More »
FRANKFURT (Reuters) – Salzgitter is not in discussions with Thyssenkrupp about a steel merger, its chief executive said, responding to what sources have said are renewed efforts by the German conglomerate to sell its steel division. Sources told Reuters last week that Thyssenkrupp had revived efforts to explore a divestment of Steel Europe, which the …
Salzgitter: no talks with Thyssenkrupp about steel merger Read More »
By Ananya Mariam Rajesh and Doyinsola Oladipo (Reuters) – Cruise operator Carnival Corp on Monday reported a smaller-than-expected quarterly loss and beat estimates for revenue, helped by resilient demand for leisure travel, higher ticket prices and strong on-board spending. Carnival’s shares rose about 1.4% as the company also said it expects 2023 adjusted earnings before …
Carnival Corp posts smaller loss on resilient travel demand, on-board spending Read More »
By Joice Alves and Medha Singh (Reuters) -Shares of several mid-tier U.S. lenders rose sharply on Monday after a buyer emerged for large chunks of embattled Silicon Valley Bank’s deposits and loans, which helped inject some calm into fragile markets. SVB was the largest bank since the 2008 financial crisis to collapse when California regulators …
U.S. mid-tier lenders gain on SVB deal, hopes of more govt. support Read More »
By Noele Illien ZURICH (Reuters) – The largest of Switzerland’s state-owned cantonal banks expects a boost in growth from the planned merger of UBS and Credit Suisse, its chief executive has told Reuters. Zuercher Kantonalbank, known locally as ZKB, is already winning customers looking for a safe haven, CEO Urs Baumann told Reuters. Baumann said …
Zurich bank looks to capitalise on Credit Suisse’s demise Read More »
By Yonathan Van der Voort PARIS (Reuters) – Teenager Charles Chauliac is angry that French President Emmanuel Macron plans to delay the retirement of hard-working folk like his parents, and that he bypassed parliament to do so. Most evenings for the past few weeks, the 18-year-old has taken to the streets of Paris to try …
Angry youths challenge Macron and his pension law Read More »
PARIS (Reuters) -Trade union protesters angered by President Emmanuel Macron’s move to raise the French retirement age without a final vote in parliament blocked the Louvre museum in Paris on Monday, frustrating crowds of visitors. Demonstrating peacefully against plans to make most French work an extra two years to 64 to balance the pension budget, …
French pension protest blocks entry to Louvre museum Read More »
