By Jesús Aguado and Saeed Azhar MADRID/NEW YORK (Reuters) – Spain’s Santander launched its digital bank in the United States on Monday, which will help it to fund over $30 billion of auto lending assets and broaden its retail business in the country, U.S. CEO Tim Wennes told Reuters. The euro zone’s third-biggest lender by …
Santander launches digital bank in US to gain cheaper funding for auto loans Read More »
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Boeing is expected to book more than $1 billion in wage-related expenses from its proposed labor contract, analysts said, although its shares rose 3% on Monday on hopes of an end to a crippling strike. About 33,000 workers will vote on the contract proposal on Wednesday after a …
Boeing’s new proposal may add over $1 billion to wage bills over four years Read More »
By Angelo Amante ROME (Reuters) – Italy’s government was set to adopt on Monday a decree aimed at overruling court objections to its flagship plan to set up migrant detention camps in Albania to deter sea arrivals from North Africa. The plan, launched last week, was immediately undermined as a Rome court said on Friday …
Italy set to adopt decree to overrule court objections on Albanian migrant camps Read More »
HONG KONG (Reuters) -Melioidosis, a bacterial infection, was responsible for killing at least nine monkeys at a Hong Kong zoo, authorities said, as a further two died over the weekend, taking the total to 11 in the past week. Part of the zoo, built in 1860 and the oldest park in Hong Kong, has remained …
Hong Kong authorities say soil infection killed monkeys, as 11th dies Read More »
By Kane Wu and Adwitiya Srivastava (Reuters) -Swedish investment firm EQT AB has formed a consortium with Neuberger Berman Private Markets and the Canada Pension Plan Investment Board to take ownership of international schools operator Nord Anglia Education for $14.5 billion including debt. The consortium will own a majority stake in the international schools organisation …
Sweden’s EQT, others to take control of Nord Anglia for $14.5 billion Read More »
By Hritam Mukherjee and Manvi Pant (Reuters) -India’s UltraTech Cement said on Monday it was seeing early signs of a price recovery, after it reported a sharp drop in second-quarter profit due to persistently low prices of the construction material. “Prices have been improving since the end of August and so far in October, have …
India’s biggest cement maker UltraTech sees early signs of price recovery Read More »
GAZA (Reuters) – Israeli authorities are still preventing humanitarian missions from reaching areas of northern Gaza with critical supplies including medicine and food for people under siege, the head of the U.N. Palestinian refugee agency UNRWA said on Monday. Hospitals have been hit and are without power while injured people are left without care, Philippe …
UN agency says Israel still preventing aid from reaching northern Gaza Read More »
BEIRUT (Reuters) -U.S. special envoy Amos Hochstein said on Monday in Beirut that the United States was working on a formula to end the conflict between Israel and Lebanese armed group Hezbollah for good, and that merely committing to a previous U.N. resolution would not be enough. U.N. resolution 1701, which ended the last round …
Envoy Hochstein says US working with Lebanon and Israel to end conflict for good Read More »
By Eric Onstad LONDON (Reuters) – The European Union, rushing to develop a 9 million euro joint purchasing mechanism for critical minerals and energy, is choosing between eight bidders vying to develop a platform, documents showed and sources with direct knowledge told Reuters. The bloc’s rationale for pooling together buying orders is that it would …
Exclusive-EU set to choose firm for critical minerals joint buying platform Read More »
BRUSSELS (Reuters) – The European Union said on Monday it had joined forces with leading venture capital firms from the region to boost investment in tech innovation in Europe, amid concerns that Europe’s tech sector is lagging the United States and China. The initiative, dubbed by the EU as the “Trusted Investors Network”, comes as …
EU joins up with venture capital firms to boost region’s tech sector Read More »
