EU countries hunt for global coal stocks as Russian ban looms

European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the scramble to relieve tight gas supplies, according to data and shipping sources.

newspaper

06-04-2022

Quick ECB action to rein in inflation could crash economy -Panetta

FRANKFURT (Reuters) -Growth rates in the euro zone could dip into negative territory this year and European Central Bank policy tightening to bring down high inflation in the near term risks crashing the economy, ECB board member Fabio Panetta said on Wednesday.

newspaper

06-04-2022

Worries over U.S. rate hikes, sanctions weigh on European shares

(Reuters) -European shares fell from over six-week highs on Wednesday, as investors grappled with the twin worries of aggressive U.S. interest rate hikes potentially hurting growth and more Western sanctions on Russia further stoking inflation.

newspaper

06-04-2022

Sanction worries weigh on European shares

European shares retreated from over six-week highs on Wednesday as the United States and its allies were likely to futher economically isolate Russia by imposing more sanctions, bolstering global inflation.

newspaper

06-04-2022

Germany's Bundesbank warns over bank loans to hot property market -report

Germany's Bundesbank is worried about banks lending to overextended buyers in an overheated property market and reserves the right to impose additional curbs, board director Joachim Wuermeling was quoted as saying on Wednesday.

newspaper

06-04-2022

Australia's Virtus Health considers revised bid from BGH in takeover battle with CapVest

Australian fertility services provider Virtus Health said on Wednesday it will consider a revised buyout offer from minority owner BGH Capital, weeks after it accepted a sweeter bid from rival suitor CapVest Partners.

newspaper

06-04-2022

Departing WarnerMedia CEO Kilar sees future of Hollywood in the blockchain

WarnerMedia CEO Jason Kilar said the future of Hollywood is in the blockchain as he prepares to leave the media company that he helped lead into the streaming era.

newspaper

06-04-2022

Toyota to close Brazil Sao Bernardo do Campo plant, shift production to other units

Toyota said on Tuesday it will close its 60-year-old plant in the Brazilian city of Sao Bernardo do Campo, its first ever outside Japan, and shift production to its other manufacturing facilities in Sao Paulo state.

newspaper

05-04-2022

Rivian on track to meet production target of 25,000 vehicles

Electric vehicle maker Rivian Automotive Inc said on Tuesday it is on track to achieve its production target of 25,000 vehicles this year, sending its shares up 2.4% in extended trading.

newspaper

05-04-2022