Europe Business

China's Geely says first-half profits rise 54 percent

07h10 China's Geely Automobile Holdings Ltd said on Wednesday that first-half net profit rose 54 percent over the same period last year, as Chinese consumers snapped up its cars designed with its Swedish luxury auto affiliate. . .  Full story

Swiss government urges voters to reject more state help for farmers

07h08 The Swiss government urged voters on Tuesday to reject more help for farmers and other proposals for agriculture in a referendum next month, saying they would send food prices rocketing and hurt the economy.. . .  Full story

Global wheat supply to crisis levels; big China stocks won't provide relief

07h00 A scorching hot, dry summer has ended five years of plenty in many wheat producing countries and drawn down the reserves of major exporters to their lowest level since 2007/08, when low grain. . .  Full story

Gold climbs to 1-week high on dollar weakness; Fed minutes awaited

06h03 Gold prices hit a one-week high on Wednesday and inched closer to the key $1,200 level as the dollar remained weak on U.S. President Donald Trump's criticism of the Federal Reserve and ahead of. . .  Full story

Australia shares fall on political uncertainty, NZ hits record intraday high

05h28 Australian shares slipped on Wednesday, weighed by materials and financials, as political uncertainty hurt local stocks with Prime Minister Malcolm Turnbull rejecting seven Cabinet members' resignations as he seeks to quell a renewed leadership bid. . .  Full story

Oil edges up as U.S. crude stocks fall, Iran sanctions weigh

04h53 Oil prices rose on Wednesday, supported by a drop in U.S. crude inventories and a weaker dollar, along with concerns about a potential shortfall of Iranian oil from November due to U.S. sanctions.. . .  Full story

Australia's AMP appoints Credit Suisse private banker De Ferrari as CEO

04h46 Australia's AMP Ltd has hired Credit Suisse's head of private banking in Asia Pacific as chief executive to repair its reputation following four bruising months since a powerful financial sector inquiry revealed board-level misconduct at. . .  Full story

Australia's TPG Telecom eyes Vodafone deal, shares soar

04h24 Australia's TPG Telecom Ltd said on Wednesday it was looking into a merger deal with rival Vodafone, a move that could provide a faster and cheaper entry into the mobile network market while tempering competition. . .  Full story

London copper steady ahead of U.S.-China trade talks

04h21 London copper steadied on Wednesday ahead of trade talks between the United States and China, although U.S. President Donald Trump has played down hopes for near-term progress, saying resolving the dispute will take time.. . .  Full story

Banks should not assume fraud victims are at fault - UK watchdog says

01h01 Banks should not assume that customers have been negligent when they fall for scams peddled by increasingly sophisticated fraudsters, Britain's financial ombudsman said on Wednesday.. . .  Full story

India's small renewables firms fighting consolidation wave

01h00 Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bond markets, low tariffs and high debt. . .  Full story

Oil hits one-week high as Iran-driven rally gathers pace

21/08 Oil rose to its highest level in a week on Tuesday, buoyed by the prospect of U.S. sanctions on Iran, though the trade dispute between Washington and Beijing kept traders and analysts cautious.. . .  Full story

Italy's state lender could take control of Autostrade -sources

21/08 Italian state lender Cassa Depositi e Prestiti (CDP) may buy a controlling stake in Autostrade per l'Italia after the collapse last week of a bridge managed by the motorway operator, two sources told Reuters,. . .  Full story

Italy economy ministry not aware of idea CDP could buy Autostrade -source

21/08 The Italian economy ministry, which owns more than 80 percent of state lender Cassa Depositi e Prestiti (CDP), is not aware of any discussion of CDP buying a stake in motorway operator Autostrade per. . .  Full story

Gold hits 1-week high as Trump's Fed criticism weighs on dollar

21/08 Gold rose to a one-week high on Tuesday as the dollar weakened after U.S President Donald Trump criticized the Federal Reserve for raising interest rates.. . .  Full story

Bulgarian regulator quits amid outcry over insurance company

21/08 Bulgaria's head of insurance supervision resigned on Tuesday, bowing to pressure from politicians to quit after a Cyprus-based insurance company was wound up, leaving nearly 200,000 Bulgarians without car insurance.. . .  Full story

Copper climbs to one-week high as dollar slides

21/08 Copper climbed to one-week highs on Tuesday as funds cut bets on lower prices and the dollar retreated from recent highs as the market waited for talks on the U.S.-Chinese trade dispute.. . .  Full story

Autostrade approves Genoa relief fund as government eyes penalties

21/08 Italy's Autostrade per l'Italia approved on Tuesday its commitment to provide relief funds of 500 million euros ($572 million) for the bridge collapse in Genoa as the government presses ahead with plans to strip. . .  Full story

BHP warns protectionism will stoke U.S. costs

21/08 Protectionism will result in higher prices for U.S. citizens, a senior executive at BHP said on Tuesday, adding that the mining company was already seeing the effect.. . .  Full story

FTSE 100 reverses on weak dollar and BHP Billiton

21/08 Britain's top share index retreated on Tuesday as investors as a weak U.S. dollar weighed on multinational stocks and results from BHP Billiton disappointed.. . .  Full story

European shares edge higher ahead of U.S.-China trade talks

21/08 European shares closed slightly higher on Tuesday as investors on both sides of the Atlantic took a cautiously optimistic view of trade talks between the United States and China which are set to begin. . .  Full story

Investors pile into Italian bonds after Moody's reprieve

21/08 Italian government bonds rallied on Tuesday after Moody's extended the deadline for its review of the country's rating, providing some relief for investors who expected a downgrade imminently.. . .  Full story

Brazil's Samarco mine unlikely to restart in 2019 -BHP

21/08 There is little likelihood that Brazil's Samarco iron ore mine, a joint venture between Vale SA and BHP Billiton, will restart operations next year even though it expects to have all of the required licenses,. . .  Full story

Rising costs, trade worries tarnish BHP profit jump, record dividend

21/08 Concerns about rising costs and the impact of trade tensions between the United States and China weighed on shares of leading miner BHP on Tuesday after a 33 percent jump in annual underlying profit still. . .  Full story

Tsipras declares "day of liberation" after Greece exits bailout

21/08 Prime Minister Alexis Tsipras hailed the end of a "modern-day Odyssey" on Tuesday after Greece emerged from nine years of bailouts, saying it should never forget the harsh lessons learned under tight financial supervision by. . .  Full story

Copper and the (very) big fund short: Andy Home

21/08 Peace has broken out in the Chilean copper industry with two major potential labour flashpoints resolved in as many days.. . .  Full story

Russian agriculture minister sees no need for wheat export duty for now - RIA

21/08 Russia's agriculture minister sees no reason for now to introduce an export duty on wheat and is not considering one, he was quoted as saying by RIA news agency on Tuesday.. . .  Full story

Market ructions to delay Greece's post-bailout bond sale

21/08 Greece celebrated the end of eight years of bailouts on Monday, but expectations that it will mark its new-found fiscal independence with a much-anticipated bond sale next month may be dashed as wider tensions. . .  Full story

EU diplomats expect delay in Brexit deal beyond October target

21/08 European Union leaders are likely to have to hold an emergency summit in November to consider any Brexit agreement struck with Britain, missing an informal deadline the previous month, diplomats in Brussels said.. . .  Full story

Britain can't afford to close door to EU banks after Brexit

21/08 Britain is expected to keep the door open for European Union banks and investors after Brexit to try to preserve London's global financial clout, irrespective of whether it gets a good trade deal from. . .  Full story

Croatia sells fewer T-bills than planned, yield flat

21/08 Croatia sold 752 million kuna ($116 million) worth of one-year Treasury bills in an auction on Tuesday, falling short of its 1 billion kuna target, while the yield remained flat, finance ministry data showed.. . .  Full story

Denmark expands legal campaign to recoup tax fraud billions

21/08 Denmark said on Tuesday it is targeting U.S. and British companies and individuals as it expands a global campaign to recoup billions of crowns it alleges were paid out in fraudulent tax refunds between. . .  Full story

UK budget surplus in July eases headache for Hammond

21/08 Britain reported its biggest budget surplus for the month of July in 18 years on Tuesday, giving finance minister Philip Hammond some extra room for manoeuvre as he faces pressure to relax his grip. . .  Full story

One-day strike at Total's North Sea oil, gas platforms ended -union

21/08 Workers at three of French oil company Total's UK North Sea oil and gas platforms ended a 24-hour strike at 0500 GMT on Tuesday as scheduled, the Unite union said.. . .  Full story

Sainsbury's lags rivals in UK grocery market -Kantar Worldpanel

21/08 Sainsbury's, Britain's second largest supermarket group which has agreed to buy smaller rival Asda, was again the worst performer of the country's big four grocers in the latest 12-week period, industry data showed on Tuesday.. . .  Full story

UK's Wood sees slow recovery in oilfield services pricing

21/08 British oilfield services firm Wood Plc hit the top end of its forecasts for first-half profit in an improving global oil market, while warning its ability to raise prices was still limited to buoyant. . .  Full story

Thailand's EGAT seeks LNG for first time as market liberalises

21/08 State-run Electricity Generating Authority of Thailand is seeking to directly import liquefied natural gas (LNG) for the first time, as part of a government plan to boost competition in the power sector.. . .  Full story

Statnett lifts suspension on Siemens after workers are paid

21/08 Norway's Statnett has lifted a suspension on Siemens as its supplier after a dispute over underpayment of workers at a Siemens subcontractor has been solved, the power grid operator said on Tuesday.. . .  Full story

Swedish healthcare firm Capio to sell French business to Vivalto Sante

21/08 Swedish healthcare company Capio plans to sell its French business to Vivalto Sante in a deal worth up to 455 million euros ($520 million) to focus on its less capital intensive Nordic operations.. . .  Full story

Australian shares slip on BHP profit miss, political uncertainty; NZ edges up

21/08 Australian shares slid on Tuesday, as investors took note of failed attempts to topple Prime Minister Malcolm Turnbull and top miner BHP missing annual earnings expectations.. . .  Full story

Revenue dips at Kazakh-focussed oil firm Nostrum

21/08 Nostrum Oil & Gas Plc reported an 8.8 percent drop in first-half revenue on Tuesday as it strove to stabilise production from two of its wells and complete a gas treatment plant in Kazakhstan.. . .  Full story

Russia's Polymetal H1 net income up 46 pct y/y

21/08 Russian gold and silver producer Polymetal said on Tuesday its net income rose 46 percent year-on-year to $175 million in the first half of 2018 due to an increase in production and higher sales.. . .  Full story

UK builder Persimmon's first-half profit rises, sees more growth

21/08 Britain's second-largest housebuilder Persimmon, whose boss been criticised for his high pay, posted a 13 percent increase in half-year pretax profit and said it expected to see further growth.. . .  Full story

China banks set for modest profit growth as bad loan outlook under cloud

21/08 China's biggest listed state-owned lenders are expected to post modestly higher profits and steady margins for the six months ended June, as government efforts to boost spending and liquidity underpins loan growth.. . .  Full story

Sky expects to pay advisers on Fox deal up to $123.7 million in fees

20/08 Sky said on Monday that it expected to pay its advisers between 90 million pounds and 97 million pounds ($123.7 million) if Twenty-First Century Fox succeeds with its takeover of the British broadcaster.. . .  Full story

No comment from Spain on impact of Genoa bridge disaster on Abertis deal

20/08 Spain's Public Works Ministry declined to comment on Monday on whether the motorway bridge collapse in Genoa would affect a deal between Spanish company ACS and Atlantia, whose subsidiary manages the bridge.. . .  Full story

Copper rises on hopes of U.S.-China trade progress

20/08 Copper edged higher on Monday, bouncing back from its third straight week of losses in a sign of market optimism over planned trade talks between China and the United States and a view that. . .  Full story

-European shares gain on optimism over U.S.-China trade row

20/08 Hopes that the United States and China might find a compromise to resolve their trade dispute lifted European shares on Monday, while Turkey's currency crisis showed no immediate sign of worsening.. . .  Full story

Citing Genoa bridge, Italian official doesn't rule out 2019 deficit breach

20/08 A top Italian government official on Monday declined to rule out that next year's budget deficit could be above the EU ceiling, linking the issue to last week's collapse of a motorway bridge.. . .  Full story

Sweden calls for nuclear reactors to be shielded from hot weather

20/08 Sweden's nuclear energy regulator SSM has asked plant operators to produce plans in the coming months to shield their reactors from harmful hot weather, its director told Reuters on Monday.. . .  Full story

Miners drive FTSE 100 up while weak results sink Mulberry

20/08 Strong mining stocks helped boost Britain's FTSE 100 on Monday, leaving last week's four-month lows behind as optimism over U.S.-China trade talks and Turkey buoyed markets, while luxury handbag maker Mulberry sank after results.. . .  Full story

PepsiCo puts fizz into healthy drinks with $3.2 bln SodaStream deal

20/08 PepsiCo will buy carbonated drink-machine maker SodaStream for $3.2 billion as it battles Coca-Cola for an edge in the health-conscious beverage market.. . .  Full story

Farfetch targets New York listing as luxury web sales thrive

20/08 Online fashion retailer Farfetch <IPO-FAR.L> aims to float on the New York Stock Exchange by the end of the year, the London-based company said on Monday, seeking to capitalise on rapid growth in luxury. . .  Full story

StanChart sells principal finance business to Actis and ICG

20/08 Standard Chartered is in talks to sell its private equity business to Intermediate Capital Group (ICG), a source with direct knowledge of the deal said on Monday, as part of a broader disposal of. . .  Full story

Linde, Praxair get EU approval for $82 bln deal, await U.S. decision

20/08 German industrial gases group Linde and U.S. rival Praxair secured conditional EU antitrust approval on Monday for their $82 billion merger but still have to clear a major hurdle with U.S. enforcers.. . .  Full story

Russian traders may speed up grain exports amid risks of curbs

20/08 Russian exporters may step up grain shipments in the next few months in anticipation that the government could put curbs on exports sometime after December, traders said.. . .  Full story

Bulgaria's top prosecutor orders probe of regulator over insurer

20/08 Bulgaria's chief prosecutor ordered the country's main intelligence agency on Monday to investigate financial regulator KFN's oversight of the Bulgarian branch of Cyprus-based Olympic Insurance Company Ltd, after the firm was placed in liquidation.. . .  Full story

Genoa bridge disaster sharpens focus on Benetton strategy shift

20/08 A world away from the brightly coloured knitwear that made the family name, what had looked an inspired move into infrastructure by Italy's Benettons faces increased scrutiny after this month's Genoa motorway bridge disaster.. . .  Full story

Thyssenkrupp needs a new chairman by September, investors say

20/08 Thyssenkrupp should come up with a candidate for the vacant post of chairman by no later than September, two investor sources said, concerned that a lengthy search might further delay restructuring efforts at the German. . .  Full story

Greece ends bailout odyssey but Athens not in festive mood

20/08 Greece emerged from the biggest bailout in economic history on Monday after nine years of creditor-mandated austerity, with European institutions hailing the exit a success but jaded Greeks finding little reason to celebrate.. . .  Full story

EU's Moscovici says Greece on way to sustainable recovery

20/08 A slew of austerity measures undertaken by Greece as part of its bailout will lay the basis for the country's sustainable recovery, European Economics Commissioner Pierre Moscovici said on Monday as Greece exited the last. . .  Full story

Chinese investors protest in Shanghai's financial district over P2P woes

20/08 Investors in Chinese online peer-to-peer (P2P) lending platform PPMiao protested at the offices of one of the company's shareholders in Shanghai's financial district on Monday, in the latest manifestation of problems facing the industry.. . .  Full story

Britain's Mulberry warns on profit from House of Fraser

20/08 British luxury bag maker Mulberry said on Monday it would take a 3 million pound ($3.8 million) hit from the collapse of House of Fraser, adding to the toll it faces from tough conditions. . .  Full story

Iran says France's Total has officially left South Pars deal - TV

20/08 Iran's oil minister said on Monday that France's Total has officially left Iran after the United States threatened to impose sanctions on companies that do business in the country, Iranian state TV reported.. . .  Full story

Autostrade says has 15 days to provide defence of its conduct over Genoa bridge

20/08 Atlantia's unit Autostrade per l'Italia says:. . .  Full story

Premier Oil approves Tolmount gas project in UK North Sea

20/08 Premier Oil will press ahead with the development of the Tolmount gas field in Britain's North Sea, which is expected to produce around 500 billion cubic feet (bcf) of gas from late 2020.. . .  Full story

UK households upbeat about their income, worried over Brexit

20/08 British households are the most upbeat about their finances since early 2015, buoyed by near-record employment, but the approach of Brexit and concerns about inflation are making them worry more about the future, a survey. . .  Full story

Titanium miner Kenmare's H1 profit surges on stronger Chinese demand

20/08 Titanium minerals miner Kenmare Resources Plc said on Monday pretax profit for the first half of the year jumped nearly three-fold, as it shipped more finished products to China and other Asian markets.. . .  Full story

Shares in Italy's Atlantia indicated down in pre-open trade

20/08 Shares in Italy's infrastructure group Atlantia failed to open on Monday morning, after falling 22.5 percent last week following the collapse of a motorway bridge in the Italian port city of Genoa last week.. . .  Full story

Countrywide backs off new pay plan for directors

20/08 Countrywide has abandoned plans to revamp its incentive package for directors after meetings with top investors aimed at propping up the company with 140 million pounds in new equity.. . .  Full story

Georgia's top retail lender TBC Bank profit jumps

20/08 Georgia's TBC Bank Group Plc posted a 25.2 percent rise in half-year pretax profit on Monday, as lending grew on the back of stronger economic growth in the former Soviet republic.. . .  Full story

Brexit vote could "in theory" be reversed - EU minister Moscovici

20/08 Britain's vote to leave the European Union could "in theory" be reversed although there is a still a strong probability it will go ahead, said the European Commissioner for Economic and Financial Affairs Pierre. . .  Full story

Rocket Internet says CFO Kimpel has resigned

20/08 Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday.. . .  Full story

U.S. energy group Hess Corp's SE Asia assets attract bid interest -sources

20/08 The Southeast Asian offshore natural gas assets of U.S. oil and gas producer Hess Corp , estimated to be worth as much as $5 billion, have attracted takeover interest from firms including Thailand's PTTEP PCL. . .  Full story

Business leaders' confidence in UK economy at lowest so far this year -survey

20/08 Business leaders' confidence in the British economy has fallen to its lowest point this year reflecting the impact of uncertainty over Britain's exit deal with the European Union, according to a survey published. . .  Full story

Japan firms welcome skilled foreign workers, frown at unskilled labourers-Reuters poll

20/08 Most Japanese companies support loosening the country's tight immigration system to cope with a severe labour shortage, but they favour skilled workers who can fit into the workplace, not an influx of unskilled labourers,. . .  Full story

Japan firms welcome looser immigration, favour skilled workers

20/08 Most Japanese companies support loosening the country's tight immigration system to cope with a labour shortage, but they favour white-collar workers over unskilled labourers, a Reuters poll shows. Below. . .  Full story

Global luxury brands again chase China's young, rich and spendthrift

20/08 Global luxury brands from Prada to LVMH are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smaller, less developed cities even as the world's second-largest. . .  Full story

Greece exits final bailout successfully - ESM

19/08 Greece has successfully exited its final, three-year bailout programme, agreed in August 2015 to help it cope with the continued fallout from a debt crisis, the euro zone's ESM rescue fund said on Monday.. . .  Full story

Greece under tight watch post-bailout, can be a "success story"- ESM

19/08 Greece will be more tightly monitored after it exits its bailout programme than other euro zone countries that received similar loans, the head of the bloc's rescue mechanism told a Greek newspaper on Sunday.. . .  Full story

Bodies of family found five days after Genoa bridge collapse, death toll hits 43

19/08 Rescue workers found the bodies of three members of a family in the wreckage of Genoa's collapsed motorway bridge early on Sunday - the last people reported missing in the disaster, bringing the death. . .  Full story

ECB on course to normalise monetary policy -Bundesbank chief tells paper

19/08 The European Central Bank is on course towards a less expansive monetary policy, and the projected inflation rate of 1.7 percent for 2020 is in line with its medium term stability goals, the head. . .  Full story

Thai firms bid 25 bln baht for two licenses at 1800-mhz auction

19/08 Thailand's telecoms regulator closed bidding on Sunday at 25 billion baht ($753.9 million) for two licenses under a 1800 MHz spectrum for 3G and 4G service, and raised concerns about plans for next generation. . .  Full story

Superdry co-founder gives 1 million pounds to campaign for second Brexit vote

19/08 The co-founder of fashion brand Superdry is donating a million pounds ($1.28 million) to the campaign for a referendum on the final Brexit agreement as Britain prepares to outline in more detail how a. . .  Full story

UK hopes to pick up Brexit talks pace with Raab-Barnier meeting on Tuesday

18/08 Britain's Brexit minister Dominic Raab will travel to Brussels on Tuesday in a bid to pick up the pace of Brexit talks with the EU's chief negotiator Michel Barnier, Prime Minister Theresa May's office. . .  Full story

Italy's Autostrade confident it has always operated correctly - CEO

18/08 Autostrade per l'Italia, a unit of infrastructure group Atlantia , has always operated correctly in its role of toll-road operator, the group's chief executive said on Saturday.. . .  Full story

Autostrade pledges to rebuild collapsed Italy bridge

18/08 Italian toll-road operator Autostrade per l'Italia, which managed a bridge that collapsed in Genoa this week, pledged on Saturday to rebuild the viaduct.. . .  Full story

Autostrade earmarks 500 mln euros for Genoa after bridge disaster

18/08 Italian toll-road operator Autostrade per l'Italia, which managed a bridge that collapsed in Genoa this week, has set aside about 500 million euros ($572 million) worth of investment for the port city to help. . .  Full story

Autostrade voices sadness, sets up fund for Italy bridge victims

18/08 Top executives of Italian toll-road operator Autostrade per l'Italia, which managed a bridge that collapsed in the port city of Genoa this week, voiced profound sadness for the victims on Saturday and said it would. . .  Full story

Thailand's king now largest shareholder in Siam Cement Group

18/08 Thailand's King Maha Vajiralongkorn is now the largest shareholder in the country's biggest industrial conglomerate, Siam Cement Group Pcl, data from the Stock Exchange of Thailand (SET), published on its website on Saturday showed.. . .  Full story

Italy mourns victims of Genoa bridge collapse with state funeral

18/08 Italy mourned the victims of the collapse of a motorway bridge in the northern city of Genoa with a state funeral on Saturday, as rescue workers kept searching for the last few unaccounted people. . .  Full story

Italy should double 2019 growth target to 2 pct - Savona

18/08 The Italian government should be able to double its economic growth target for next year to 2 percent, thanks to an expected massive injection of private investment, a senior minister said.. . .  Full story

Workers at Chile's Escondida, world's top copper mine, ink contract

18/08 The union representing workers of Chilean copper mine Escondida signed a new collective labor contract on Friday, ending the risk of a strike that could have paralyzed the world's biggest copper mine.. . .  Full story

Oil rises in session, but has weekly loss on trade worries

17/08 Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the U.S. market while trade disputes and slowing global economic growth would dampen demand for oil.. . .  Full story

ValueAct invests $800 million in financial stocks in Q2 -letter

17/08 Activist hedge fund ValueAct Capital Management boosted investments in financial stocks by more than $800 million during the second quarter, citing attractive risk-adjusted values of big banks, according to a client letter viewed by Reuters.. . .  Full story

Italy acts to revoke motorway concession after bridge collapse

17/08 Italy's government on Friday launched a formal procedure aimed at revoking concessions held by Autostrade per l'Italia to operate toll highways after a bridge it managed collapsed this week, killing at least 38 people.. . .  Full story

Goldman faces U.K. probe over reporting practices - Bloomberg

17/08 Goldman Sachs Group Inc is facing a probe from U.K. regulators over its reporting practices tied to new rules in European markets, Bloomberg reported on Friday, citing people with knowledge of the matter.. . .  Full story

Copper posts biggest weekly fall since early July

17/08 Copper inched lower on Friday, posting its largest weekly fall since early July as strikes, including at the world's largest mine, seemed mostly resolved but a weaker dollar provided some support.. . .  Full story

Worst week in five months for FTSE 100 as EM goes south

17/08 Britain's top share index failed to rebound convincingly on Friday at the end of a turbulent week for markets during which an economic crisis in Turkey spread anxiety across global financials and mining stocks.. . .  Full story

European shares slide as Turkey anxieties linger

17/08 European shares slipped on Friday as investors licked their wounds after a tumultuous week, eyeing further turbulence in emerging markets and weakness in tech stocks.. . .  Full story

Engineering study in 2017 warned about state of Italian bridge

17/08 An engineering study commissioned by Italian motorway operator Autostrade last year warned about the condition of a bridge that collapsed this week in Genoa, the head of the university department that conducted the study. . .  Full story