News Wire

Egyptian tuk-tuk start-up Halan to expand to Ethiopia

14h55 Halan, an Egyptian technology start-up that uses two- and three-wheeled vehicles to transport passengers and goods, will begin operating in Ethiopia before the end of 2019, its chief executive told Reuters.  Full story

Wall Street ends mixed as Microsoft, Apple offset

22h07 Wall Street ended mixed on Thursday, with a dip in Apple Inc shares offsetting a gain in Microsoft Corp shares a day after the Federal Reserve cut interest rates as expected and left the. . .  Full story

Real hits 2-week low after Brazil cuts rates to record low

21h56 Brazil's real currency dropped to a two-week low on Thursday, lagging its Latin American peers, after the central bank cut interest rates to a new record low and signaled room for further easing.. . .  Full story

Dollar falls as some central banks outside U.S. hold rates steady

21h45 The dollar fell against most major currencies on Thursday as some central banks refrained from cutting interest rates after the Federal Reserve's second rate decrease this year, boosting the appeal of their currencies versus the. . .  Full story

Soybeans firm on strong export sales, China trade optimism

21h27 U.S. soybean futures firmed on Thursday as strong weekly export sales data and hopes for progress toward a U.S.-China trade deal more than offset pressure from a crop-boosting Midwest weather forecast.. . .  Full story

Brent rises 1% as Saudi supply risks come into focus

21h10 Brent crude oil prices rose more than 1% on Thursday on fears of longer-than-expected supply shortfalls following Saturday's attacks on a key Saudi Arabian oil processing facility and escalating tensions in the Middle East.. . .  Full story

Shares rise after Fed rate cut, oil prices gain

21h10 A gauge of global equity performance rose within 1% of a record high on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last. . .  Full story

Brazil's Oi in talks to sell mobile unit to Telecom Italia, Telefonica -sources

21h05 Brazilian telecommunications firm Oi SA is in talks with Spain's Telefonica SA and Italy's Telecom Italia SpA to sell its mobile network to avoid insolvency, five people with knowledge of the matter said.. . .  Full story

U.S. fintech startup Stripe valued at $35 bln in latest funding round

20h50 Stripe Inc said on Thursday it is raising $250 million in its latest funding round, which values the payments startup at $35 billion, a dramatic 56% surge from a previous valuation at the start. . .  Full story

French power output down 10% as over a third of workforce strikes

20h50 More than a third of EDF's workforce in France was on strike on Thursday in protest against a restructuring plan, the state-controlled utility said, reducing French power generation by more than 10%.. . .  Full story

China green lights eight Argentine meat plants for beef exports

20h49 China's customs office said on Thursday it had granted export licenses to some Argentine meat-processing plants, as the Asian country looks to plug a supply gap after an African swine fever outbreak decimated China's pig. . .  Full story

Casino in talks to sell discount chain Leader Price to Aldi

20h48 Debt-laden French retailer Casino is in talks to sell its French discount store chain Leader Price to German low-cost rival Aldi, Casino said on Thursday.. . .  Full story

Thomas Cook hit with extra funding demand, threatening rescue

20h29 A rescue deal for Thomas Cook was facing fresh uncertainty on Thursday after the travel firm was hit with a demand for extra funds and a panel of bankers delayed a decision that might. . .  Full story

Yields edge lower after Fed as funding costs ease

20h20 U.S. Treasury yields fell on Thursday after the Federal Reserve meeting minutes on Wednesday showed division among policymakers on whether further rate cuts are likely, and as pressures in the short-term funding markets eased.. . .  Full story

Gold gains support from weak dollar post-Fed, palladium sets record

20h11 Palladium peaked to an all-time high on Thursday, while gold gained on a weaker dollar and as investors looked for clarity on future U.S. interest rates after the Federal Reserve on Wednesday signaled a. . .  Full story

Trump adviser says U.S. president ready to escalate trade war if no deal agreed soon -SCMP

19h53 A trade adviser to Donald Trump has said the U.S. president is ready to escalate the ongoing trade war with China if a trade deal is not agreed soon, the South China Morning Post. . .  Full story

Drugmaker Insys wins bankruptcy court approval to sell off opioid

19h37 Drugmaker Insys Therapeutics Inc on Thursday won court approval to sell its flagship fentanyl spray to a buyer who agreed to only market the drug for use by cancer patients, in response to concerns. . .  Full story

Bank rally leads European stocks higher

19h29 European stocks rallied on Thursday as investors snapped up battered shares of eurozone banks after the U.S. Federal Reserve toned down expectations of further interest rate cuts.. . .  Full story

Huawei talks up own apps with Mate 30 challenge to Apple, Samsung

19h20 Huawei unveiled its new smartphones to challenge Apple's iPhone 11 on Thursday, talking up slick design and best-in-class features while playing down concerns about the lack of access to Google's popular apps.. . .  Full story

Argentina bondholders face write downs - Fitch, Moody's

19h16 Fitch Ratings expects holders of Argentina dollar bonds to have to write off part of their investments under the country's sovereign debt restructuring plan, one of the agency's analysts said on Thursday.. . .  Full story

Bermuda avoids major damage from Hurricane Humberto, cleanup crews get to work

19h12 Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm despite winds that reached around 100 miles per hour (161 kph) snapping power poles and. . .  Full story

Air France and easyJet drop Aigle Azur bids as liquidation looms

19h08 Air France-KLM and easyJet withdrew competing offers for Aigle Azur on Thursday after missing an overnight court deadline to improve their bids to acquire part of the collapsed budget airline's operations and staff.. . .  Full story

Nigerian court orders firm that won $9 bln case against government to forfeit assets

19h03 A company awarded more than $9 billion in an arbitration case against Nigeria has been ordered by a court in the capital Abuja to forfeit its local assets to the government.. . .  Full story

France, Germany closing in on arms exports pact

19h00 France and Germany said on Thursday they were close to an agreement on how to remove obstacles to exporting weapons manufactured in joint programmes, after French firms called for easing German export restrictions.. . .  Full story

Trump sues Manhattan district attorney Vance over subpoenas for tax returns

18h58 Donald Trump sued Manhattan District Attorney Cyrus Vance on Thursday, questioning the constitutionality of subpoenas issued by the state prosecutor, and which a source said sought the president's tax returns.. . .  Full story

Ukraine, Russia fail to reach gas deal for Europe but agree to meet again

18h55 Russia and Ukraine failed to reach a new gas transit deal on Thursday, but said talks were "constructive" and they would meet again to try to find an agreement before the current one ends.. . .  Full story

Banks propel FTSE higher after flurry of central bank meetings

18h45 A rebound in bank stocks after the U.S. Federal Reserve adopted a guarded stance on future interest rate cuts lifted London's blue-chip index on Thursday, while clothing retailer Next wilted after a disappointing start. . .  Full story

S.Africa's debt-ridden Cell C worthless, biggest shareholders say

18h40 Payments company Net1 UEPS Technologies said on Thursday it had written down to zero the value of its stake in South Africa's third-largest mobile network, Cell C, alongside the carrier's largest shareholder, Blue Label Telecoms.. . .  Full story

Upbeat data suggest U.S. economy still on moderate growth path

18h39 The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace.. . .  Full story

France's CNP and Brazil's Caixa close to reaching $1.7 bln insurance deal -sources

18h32 France's CNP Assurances SA is close to reaching a deal worth 7 billion reais ($1.7 billion) with Brazil's state-owned lender Caixa Economica Federal to sell insurance in the bank's more than 3,000 branches, two sources. . .  Full story

Real crunch from Saudi Arabia's oil outage has yet to be felt

18h25 Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill the gap and mask the scale. . .  Full story

Cloud company Datadog surges 50% in U.S. market debut

18h19 Shares of Datadog Inc, a data analytics and cloud monitoring company, surged nearly 50% in their market debut, after pricing its initial public offering above expectations.. . .  Full story

Airbnb plans stock market splash in 2020

18h11 Home rental giant Airbnb said it plans to list its shares in 2020, making it one of the most high-profile names to tap the stock market next year. (https://bit.ly/2mqasWw). . .  Full story

Euro zone weighed down by imported troubles -ECB's Lautenschlaeger

18h08 The euro zone's domestic economy remains resilient and financing conditions are "excellent" but imported weakness, such as the global trade war, is weighing on the bloc, European Central Bank board member Sabine Lautenschlaeger said on. . .  Full story

French regulator urges UK to avoid Brexit clash in derivatives

18h02 Britain should avoid regulations which allow arbitrage opportunities in the trading of euro denominated swaps after Brexit, France's top market regulator warned on Thursday.. . .  Full story

Amazon vows to be carbon neutral by 2040, buying 100,000 electric vans

18h01 Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the company to being carbon neutral by 2040 and said part of that pledge is an order for 100,000 electric delivery vans from a start-up. . .  Full story

'Show me the money'; dollar-hungry businesses squeezed in Lebanon

18h00 Cars line up to fill their tanks but the worker at the gas station in Lebanon's capital city waves them off, standing by the 'Strike!' signs. "No fuel today," he shouts.. . .  Full story

France persuades Germany to consider EU carbon border tax

17h57 France has convinced Germany to look into a European carbon border tax to protect companies investing in green technology from emission-intensive competition from abroad, a move that could heighten trade tensions with the United States.. . .  Full story

EU's Sefcovic upbeat after gas talks with Russia, Ukraine

17h53 Trilateral talks about the transit of Russian gas to Europe through Ukraine were constructive and have taken steps in the right direction, European commissioner Maros Sefcovic said on Thursday.. . .  Full story

LNG tankers divert to Asia, floating storage rises after price spike

17h46 At least five laden liquefied natural gas (LNG) tankers changed course from Europe to Asia and a rising number of other tankers were being used as floating storage following a spike in Asian LNG. . .  Full story

Italian bond yields rise as ECB's bank funding take-up disappoints

17h37 Short-dated Italian government bonds sold off on Thursday after the take-up of long-term loans by banks at the European Central Bank's latest funding round fell short of expectations.. . .  Full story

France urges Germany to act on economy sooner rather later

17h31 Germany should act sooner rather than later to revive its flagging economy, France's finance minister said on Thursday, as he struggled to hide frustration with the pace of Berlin's efforts to engineer a recovery.. . .  Full story

Shares of Ping Identity jump 25% in U.S. market debut

17h24 Shares of Ping Identity Holding Corp jumped 25% in their market debut on Thursday, giving the identity software company a market value of about $1.46 billion.. . .  Full story

Easyjet drops out of bidding for bankrupt Aigle Azur

17h20 Easyjet has withdrawn from the bidding process for bankrupt French airline Aigle Azur, a spokeswoman for the British low-cost carrier said on Thursday.. . .  Full story

SEC's Clayton worries about private markets, negative rates

17h15 U.S. Securities and Exchange Commission chair Jay Clayton said on Thursday he was concerned about the growth of private markets and negative interest rates as policymakers try to stimulate growth.. . .  Full story

CO2 goals to complicate PSA, Renault labour talks

16h57 Renault and PSA Group face a potential stand-off with French workers worried that an industry drive to meet EU emissions targets will fuel demands for concessions in upcoming labour negotiations.. . .  Full story

Union: Hudson's Bay to close Dutch stores on Dec. 31

16h49 Hudson's Bay will close its Dutch stores on Dec. 31, the union that represents its workers in the Netherlands said on Thursday.. . .  Full story

Russia proposes extending gas contract with Ukraine on temporary basis - Novak

16h48 Russia proposed extending its current gas transit contract with Ukraine on a temporary basis at three-way talks with Ukraine and the European Union in Brussels on Thursday, Russian Energy Minister Alexander Novak said.. . .  Full story

SNB raising negative rate threshold may halve burden on banks - analysts

16h46 The Swiss National Bank's decision to raise the threshold for the country's banks before they are hit with negative interest rates could halve the amount they end up paying the central bank, analysts' calculations suggest.. . .  Full story

Iran asks Gulf states to 'come to their senses', warns against attacks - Fars

16h42 Iran called on Gulf countries to "come to their senses", saying that any aggression against the country will be met with crushing response, the Iranian supreme leader's military advisor was quoted as saying. . .  Full story

Shanghai nickel surge morphs into London squeeze: Andy Home

16h38 There's only so much bullish news even the red-hot nickel market can absorb.. . .  Full story

Pakistan reserves increase $138 mln to $8,600.4 mln week ending Sept 13

16h37 Pakistan's foreign exchange reserves increase $138 million to $8,600.4 million in the week ending Sept 13, compared to $8,462.3 million in the previous week, the central bank said on Thursday.. . .  Full story

Anglo Asian's H1 Azerbaijan gold output rises 3.3% yr/yr

16h29 Azerbaijan's leading gold mining company, Anglo Asian Mining, said on Thursday its gold output rose 3.3% year-on-year in the first half of 2019 to 34,349 ounces from 33,255 ounces.. . .  Full story

Oil traders reassess interruption of Saudi output: Kemp

16h29 Brent oil futures prices have gyrated wildly as traders have tried to assess the impact of last week's attacks on Saudi Arabia's oil infrastructure on the actual availability of crude.. . .  Full story

Sterling edges higher after cbank decision, volatility rises

16h26 The pound edged higher on Thursday after the Bank of England kept policy rates unchanged, as widely expected, with broad dollar weakness lifting the British currency slightly.. . .  Full story

Green bond rise may slow as EU states seek more clout over greenwashing

16h25 European Union standards to define green investments are likely to face delays, because many of the bloc's governments want more time to assess them, EU officials said, a move that may undercut climate targets. . .  Full story

Banker tells German fraud trial he made millions from 'astronomical' trades

16h13 A British investment banker at the centre of Germany's biggest fraud trial told judges on Thursday he earned millions of euros from deals involving "astronomical" trades that prosecutors say were a means to make. . .  Full story

Materials, energy thrust TSX to record high

16h07 Canada's main stock index hit a record high on Thursday, powered by gains in commodity-linked materials and energy sectors.. . .  Full story

BMW CFO wants to cut 5,000-6,000 jobs by 2022 - Manager Magazin

16h02 BMW's finance chief Nicolas Peter wants to cut between 5,000 and 6,000 jobs by 2022, mostly at the carmaker's Munich headquarters, a German magazine reported on Thursday.. . .  Full story

U.S. existing home sales rise to 17-month high in August

16h00 U.S. home sales unexpectedly rose to a 17-month high in August for a second straight month of gains, the latest sign that lower mortgage rates are encouraging buyers off the sidelines.. . .  Full story

Nokian Tyres says high inventories in Europe to hurt H2 sales

15h56 European distributors are holding back from buying costly winter tyres due to high inventories, Finland's Nokian Tyres said on Thursday, adding it saw weakness in its Russian market too.. . .  Full story

U.S., Chinese trade deputies face off in Washington amid deep differences

15h38 U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in nearly two months on Thursday, as the world's two largest economies try to bridge deep policy differences. . .  Full story

Deutsche Post hikes parcel prices for more businesses

15h23 Deutsche Post DHL will hike parcel prices next year for business customers with individually agreed conditions due to rises in transport and labour costs, the German logistics group said on Thursday.. . .  Full story

Hungary central bank expected to keep rates on hold, shrug off weak forint

15h22 The National Bank of Hungary is expected to keep interest rates unchanged next Tuesday and stick to its dovish stance, ignoring the weak forint which hit a record low versus the euro earlier this. . .  Full story

Merkel's coalition finalises German landmark climate plan

15h13 German Chancellor Angela Merkel's coalition parties start marathon talks on Thursday to agree a landmark climate action plan designed to help Europe's biggest economy meet its CO2 emission reduction targets by 2030.. . .  Full story

If he loses in court, PM Johnson could suspend parliament again - document

15h11 British Prime Minister Boris Johnson could suspend parliament again even if the Supreme Court rules that his original suspension, or prorogation, was unlawful, a court document tweeted by an opposition lawyer showed on Thursday.. . .  Full story

European Commission clears Greek home protection scheme

15h10 The European Commission has approved Greece's home protection scheme, which supports householders who cannot meet mortgage payments and are at risk of losing their main homes.. . .  Full story

Deutsche Bank appoints executive body to steer domestic retail business

15h07 Deutsche Bank has appointed a new executive committee to help to oversee its German retail business as part of the lender's broader overhaul.. . .  Full story

Ryanair's O'Leary wins bonus approval as pilots face axe

15h06 Ryanair's Chief Executive Michael O'Leary narrowly secured approval from shareholders on Thursday for a bonus scheme that could earn him 100 million euros over five years as he revealed up to 700 pilots could lose. . .  Full story

Baltic index posts biggest fall in nearly 2 months

14h46 The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the 11th consecutive session on Thursday, marking its biggest percentage fall in nearly two months, on waning. . .  Full story

Sri Lankan rupee ends weaker; stocks little changed

14h39 ** Sri Lanka's rupee closed weaker for the fourth straight session on Thursday on continued demand for dollars from banks, while equities were little changed at close.. . .  Full story

UK markets watchdog says research rules saved investors 70 mln pounds

14h38 New European Union rules to make the cost of stock and bond research more transparent are saving millions of pounds for investors and have not materially cut coverage of smaller firms, Britain's Financial Conduct. . .  Full story

Trump administration bars California from requiring cleaner cars

14h37 The Trump administration said on Thursday it is revoking California's authority to set its own auto tailpipe emissions standards and to require some zero-emission vehicles - a decision that will spark a massive legal battle. . .  Full story

Asia Rice-Firm rupee lifts Indian rates; Vietnam prices hold near 12-year low

14h31 Indian rice export prices rose this week on a resurgent rupee, while sluggish demand kept Vietnamese rates near a 12-year low even as the country looks to encourage private investment to make its rice. . .  Full story

U.S. current account deficit shrinks in the second quarter

14h30 The U.S. current account deficit narrowed sharply in the second quarter as increases in portfolio investment income boosted the primary income surplus, government data showed on Thursday.. . .  Full story

U.S. weekly jobless claims rise less than expected

14h30 The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditions that should continue to support a moderately growing economy.. . .  Full story

LME copper declines on weak demand and a guarded Fed

14h21 Copper prices eased on Thursday as the market focused on weak demand in top consumer China and a meeting in Washington between Chinese and U.S. officials aimed at resolving a prolonged trade dispute.. . .  Full story

Iran warns against war as U.S. and Saudi weigh response to oil attack

14h19 Iran warned U.S. President Donald Trump on Thursday against being dragged into all-out war in the Middle East following an attack on Saudi Arabian oil facilities which Washington and Riyadh blame on Tehran.. . .  Full story

Bank of England says failure to reach end-Oct Brexit deal would hurt growth

14h15 The Bank of England said Brexit uncertainty and slower world economic growth were increasingly causing Britain's economy to perform below its potential, and that a failure to reach a deal to leave the European. . .  Full story

Alberta to return C$1.3 mln worth of pot products to CannTrust

14h14 CannTrust Holdings Inc said on Thursday that Alberta government has decided to return C$1.3 million worth of sold pot products, days after the Canadian health regulator cancelled the company's licence to produce and sell cannabis.. . .  Full story

Small shareholders fight to salvage Carige's rescue plan

14h08 Thousands of small shareholders in Carige have signed up to attend a meeting on Friday in an attempt to push through a last-ditch rescue plan that could be sunk by the Italian bank's mercurial. . .  Full story

Sweden's SKF to shift automation into higher gear as markets flag

14h07 Swedish engineering company SKF aims to use a demand slowdown to its advantage, its chief executive said, stepping up an automation programme that has already sent capital expenditure soaring.. . .  Full story

LSE CEO Schwimmer says feels "very good" about Refinitiv deal

14h04 London Stock Exchange Group Chief Executive David Schwimmer said he feels "very good" about the proposed $27 billion acquisition of data and analytics company Refinitiv, in which Thomson Reuters has a minority stake.. . .  Full story

Saudi attacks rattle shippers' plan to switch fuels

14h04 Refinery outages in Saudi Arabia following weekend attacks on its oil facilities could deal a blow to the shipping industry's preparations for the biggest switch in fuel standards in decades.. . .  Full story

Iranian military official says enemies will regret aggression against Tehran

14h03 Iran's adversaries will regret any aggression against it, a senior Iranian military officer said a day after Riyadh and Washington blamed Iran for attacks on oil installations in Saudi Arabia.. . .  Full story

Ex-Tepco bosses cleared over Fukushima nuclear disaster

13h50 A Tokyo court cleared on Thursday three former Tokyo Electric Power (Tepco) executives of negligence for the 2011 Fukushima disaster, the only criminal case to arise out of the world's worst nuclear crisis since Chernobyl. . .  Full story

Estonia sees 25-30% of pension scheme assets withdrawn after reform

13h45 Estonians are expected to take out 25-30% of assets from the 4 billion euros ($4.4 billion) state pension scheme which the government plans to open up from the start of 2021, Finance Minister Martin. . .  Full story

EBRD says remains vigilant over Ukraine's PrivatBank

13h45 Ukraine's President Volodymyr Zelenskiy has given reassurances that PrivatBank's nationalisation will not be reversed but the situation needs to be monitored closely, the vice president of the European Bank for Reconstruction and Development said.. . .  Full story

Lebanon's Jammal Trust Bank forced to close by U.S. sanctions

13h40 Lebanon's Jammal Trust Bank has been forced to wind itself down after being hit last month by U.S. sanctions for allegedly helping to fund the Iran-backed Hezbollah movement, the bank said on Thursday.. . .  Full story

Ryanair expects to be flying Boeing 737 MAX by Feb-March 2020

13h30 Ryanair thinks February or the start of March is the most realistic timetable for it to start flying the grounded Boeing 737 MAX aircraft, CEO Michael O'Leary said on Thursday.. . .  Full story

Palm oil to blame for 39% of forest loss in Borneo since 2000 -study

13h24 The palm oil industry was responsible for at least 39% of forest loss on the biodiversity-rich island of Borneo between 2000 and 2018, data from a research firm based in Indonesia shows.. . .  Full story

Trump 'not thrilled' with Fed but says chairman's job safe - Fox News

13h22 U.S. President Donald Trump said Federal Reserve Chairman Jerome Powell's job is safe, even though he was "not thrilled" with the central bank after it moved to lower interest rates by a quarter of. . .  Full story

BRIEF-Intesa CEO hopes Carige shareholders back rescue plan on Friday

13h17 Intesa Sanpaolo Ceo Carlo Messina says:. . .  Full story

Georgia's c.bank to tighten monetary policy until prices stabilise-c.bank chief

13h14 Georgia's central bank plans to further tighten monetary policy if inflation caused by the fall of its currency persists, the bank's governor said.. . .  Full story

Intesa Ceo hopes Carige shareholders back rescue plan on Friday

13h08 Intesa Sanpaolo Ceo Carlo Messina says:. . .  Full story

Britain's Saga predicts better times ahead after insurance revamp

13h05 Britain's Saga said an overhaul of its insurance business is beginning to pay off, promising a better second half of the year after the over-50s tourism and insurance firm's first-half profit more than halved.. . .  Full story

TABLE-EU grain crop forecasts from Strategie Grains

13h04 The following is a breakdown of monthly estimates from Strategie Grains for cereal crops in the European Union. The French-based consultancy continues to base its figures on a 28-country EU,. . .  Full story

Ryanair warns UK pilots of losing benefits if strikes continue - union

13h04 The British Airline Pilots Association (BALPA) said https://www.balpa.org/Media-Centre/Press-Releases/Ryanair-reverts-to-type-and-starts-threatening-pil on Thursday that Ryanair pilots in the UK have been told by the airline that their benefits will be removed should they take part in strike action. . .  Full story

U.N. climate summit to test world’s resolve to halt warming

13h00 After a summer of wildfires, heat waves and hurricanes, United Nations Secretary-General Antonio Guterres says he is banking on new pledges from governments and businesses to abandon fossil fuels during a special climate summit in. . .  Full story

EDF says a third of its French workforce is on strike

12h44 Around 20,000 EDF workers were on strike at midday on Thursday, the state-controlled French utility said, amounting to about one third of its workforce in France.. . .  Full story

Taiwan keeps policy rate steady, raises GDP growth forecast on better export outlook

12h35 Taiwan's central bank left its policy rate unchanged on Thursday, as expected, and raised its 2019 growth forecast amid signs the island's export outlook may be slowly improving despite the escalating U.S.-China trade war.. . .  Full story

Debenhams says rescue plan on track after court backing

12h22 British department store group Debenhams said on Thursday that its company voluntary arrangement (CVA) will go ahead as planned after a court rejected challenges to the rescue plan.. . .  Full story

Intesa To Hire Hundreds Of People For Its Insurance Business - CEO

12h19 Intesa Sanpaolo CEO Carlo Messina says:. . .  Full story