Investors keep power dry ahead of Fed, crude jumps

Global stocks were little changed on Wednesday as investors kept their powder dry ahead of an expected interest rate hike by the U.S. Federal Reserve, whose accompanying statement will help determine next moves in financial markets.

newspaper

04-05-2022

Factbox-EU proposes toughest sanctions yet against Russia

The European Commission on Wednesday proposed its sixth and toughest round of sanctions against Russia yet that could be signed off by ambassadors of EU governments later in the week.

newspaper

04-05-2022

Just Eat Takeaway chairman and COO step down hours before AGM

Just Eat Takeaway.com NV said on Wednesday two of its most senior leaders were to step down, just hours before Europe's largest online meal delivery company was due to face off with unhappy shareholders at its annual meeting.

newspaper

04-05-2022

Aston Martin taps former Ferrari boss Felisa for CEO

Aston Martin Lagonda on Wednesday named former Ferrari NV boss Amedeo Felisa as its new chief executive officer as the British luxury carmaker works on emulating the Italian carmaker's success and electrifying its brand.

newspaper

04-05-2022

European regulators may look to impose changes to design of Airbus A321XLR - source

European aviation regulators are looking at imposing significant changes to the design of "underbelly fairings" on the future Airbus A321XLR, raising the propect of a delay in its introduction, a senior industry source said.

newspaper

04-05-2022

Volvo Cars reports 25% sales drop in April as lockdowns, supply woes weigh

Volvo Car Group's monthly sales fell 24.8% in April from a year ago, the Sweden-based automaker said on Wednesday, as lockdowns in China and global supply chain problems hampered production.

newspaper

04-05-2022

EU to ban three Russian state-owned broadcasters - von der Leyen

The European Union will ban three Russian state-owned broadcasters as part of a sixth sanctions package over Moscow's war in Ukraine, the bloc's chief executive said on Wednesday.

newspaper

04-05-2022

EU to remove Sberbank, two other Russian banks from SWIFT

The European Commission proposed on Wednesday to remove Russia's biggest bank Sberbank and two other banks from the international SWIFT transaction and messaging system in another blow to the Russian financial system over the war in Ukraine.

newspaper

04-05-2022

Cineworld looks to further delay payments to former Regal shareholders

Cineworld has approached its former dissenting shareholders of its U.S. division Regal Entertainment to further delay payments of its debt obligations, the British cinema chain operator said on Wednesday.

newspaper

04-05-2022