Notizia

Elon Musk's $44 billion deal to take Twitter Inc private could mark the end of the social media platform's advertising business, many in the ad industry have worried.

PARIS (Reuters) -Shares in French construction materials giant St-Gobain rose on Wednesday, after the Financial Times reported that activist investment firm Bluebell Capital had called for a shake-up at the company.

SHANGHAI (Reuters) -China's overall vehicle sales for April plunged almost 48% from a year earlier as COVID-19 lockdowns hit factories and showrooms, but sales of electric vehicles surged and Chinese brands took share from global rivals.

Russian gas flows to Europe via Ukraine fell by a quarter on Wednesday after Kyiv halted use of a major transit route blaming interference by occupying Russian forces, the first time exports via Ukraine have been disrupted since the conflict began.

LJUBLJANA (Reuters) -The European Central Bank is likely to end its bond-buying stimulus programme early in the third quarter of this year, followed by a rate hike that could come just "a few weeks" later, ECB President Christine Lagarde said on Wednesday.

Panasonic Corp forecast on Wednesday flat operating profits this business year as component shortages and rising material costs continue to pose a risk to earnings.

European shares extended their bounce on Wednesday and bond yields held below recent peaks ahead of inflation data in the United States that will offer a guide to how aggressively the Federal Reserve will raise rates.

The tide of pessimism sweeping through Britain's households is unmatched elsewhere among Europe's major economies and suggests the government may have misjudged its response to an escalating cost-of-living crunch.

Holiday group TUI said on Wednesday it expects to become profitable again in 2022 with significantly positive underlying core earnings thanks to strong bookings as countries lift pandemic-related travel restrictions.