TPG raises $7.3 billion for climate fund in sustainability push

TPG Inc said on Wednesday it had raised $7.3 billion for its climate fund, as the private equity giant expands its investments in the clean energy space.

newspaper

27-04-2022

Orders boost for elevator-maker Kone after Q1 profit misses forecast

HELSINKI (Reuters) -Elevator-maker Kone said its overall order intake was up after it posted weaker-than-expected first-quarter core earnings on Wednesday and trimmed its full-year outlook on the back of supply chain constraints and a decline in its China business.

newspaper

27-04-2022

Europe decries 'blackmail' as Russia shuts off gas to Poland and Bulgaria

Russia's Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their failure to pay in roubles, cranking up an economic war with Europe in response to Western sanctions imposed for Moscow's invasion of Ukraine.

newspaper

27-04-2022

Oil prices dip as Europe turns away from Russian oil, dollar soars

(Reuters) -Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and Europe's biggest economy Germany was speeding up plans to wean itself off Russian oil while coronavirus outbreaks clouded China's economic outlook.

newspaper

27-04-2022

U.S. auto sales to fall in April on tight inventories, rising rates - data

U.S. new vehicle sales is expected to fall in April, as low inventories and rising interest rates boost prices amid high demand, consultants J.D. Power and LMC Automotive said.

newspaper

27-04-2022

Harley-Davidson profit drops on rising costs and chip shortages

Harley-Davidson Inc reported a drop in first-quarter profit, in line with Wall Street expectations as margins were squeezed by higher costs and chip shortages, while sales were boosted by global price increases.

newspaper

27-04-2022

Factbox-Who's who in Italy's Generali drama

Generali shareholders will vote to select a chief executive and board of directors on April 29.

newspaper

27-04-2022

Generali shareholder showdown to decide CEO Donnet's fate

Generali's shareholders will decide the future of the Italian insurer's CEO Philippe Donnet in a vote on Friday, after a rebel investor locked in a bitter power struggle proposed a rival.

newspaper

27-04-2022

'Great Resignation' sees more companies offer equity to staff

Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced "Great Resignation", a survey showed on Wednesday.

newspaper

27-04-2022