Notizia

(Reuters) -The Russian rouble rose against the euro to the highest in more than two years on Friday and headed towards 70 to the dollar before paring some gains, supported by capital controls and as the market awaited an expected rate cut by the central bank.

In recent years, Amazon.com Inc has spent billions of dollars on new warehouses that cut into profits, explaining to investors that it had no choice but to meet ever-rising consumer demand.

MILAN (Reuters) -Philippe Donnet kept his job as chief executive of Italian insurer Generali on Friday when he won the backing of shareholders in the face of a challenge from a rebel investor.

Russia's inflation this year could be lower than previously expected thanks to a recovery in the rouble, which should give the central bank room to cut interest rates amid a full-scale economic crisis, a Reuters poll showed on Friday.

Tata Motors plans to launch electric cars with a minimum range of 500 kilometres (310 miles) and advanced technology features, targeting buyers in India and beyond, the company said on Friday.

Danske Bank reported lower-than-expected first-quarter profits, citing higher costs and turbulent financial markets, sending its shares lower on Friday even as it maintained is despite full-year profit outlook.

(Reuters) -European shares on Friday rose to their highest in a week as strong earnings reports and a rally in technology stocks boosted risk appetite at the end of a volatile month dominated by concerns about slowing global growth.

World shares rose on Friday, at the end of a month that will be the benchmark's worst in two years, as a slight pullback in the dollar from 20-year highs offered relief to battered markets.

The Russian rouble firmed on Friday, hovering near highs last seen in March 2020 against the euro and strengthening past 72 against the dollar, while the market awaited an expected rate cut by the central bank.