Bussiness

Agrofert gains EU nod to buy Borealis’ nitrogen business

Posted by March 13, 2023

BRUSSELS, March 13 (Reuters) - Czech group Agrofert, owned by Czech ex-premier and now opposition leader Andrej Babis, gained unconditional EU antitrust approva

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Biden promises ‘whatever needed’ for U.S. bank system as SVB…

Posted by March 13, 2023

March 13 (Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of

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World markets set for aftershocks as SVB collapse ripples out

Posted by March 12, 2023

LONDON, March 12 (Reuters) - Markets were set for a bumpy ride this week as the fallout from collapsed startup-focused lender Silicon Valley Bank (SVB), the big

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French-UK leaders’ changing tone: From ‘Donnez-moi un break’ to texting…

Posted by March 10, 2023

PARIS, March 10 (Reuters) - As British Prime Minister Rishi Sunak and French President Emmanuel Macron exchanged rugby shirts at the Elysee palace on Friday, it

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PepsiCo, FrieslandCampina halt business with palm oil supplier

Posted by March 10, 2023

Latest to suspend ties with Astra Agro LestariFollows NGO reports on land, human rights abusesIndonesia's AAL says it had no contact with the companiesNEW YORK,

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Silicon Valley Bank is largest failure since 2008 crisis, billions…

Posted by March 10, 2023

California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank assets; 'chaos' report

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Ford to cut 1,100 jobs in Spain – spokesperson

Posted by March 10, 2023

MADRID, March 10 (Reuters) - U.S. auto maker Ford (F.N) plans to slash 1,100 jobs at its plant located in Valencia in eastern Spain, a company spokesperson said

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Schaeffler plans to sell Russia business to Austrian businessman –…

Posted by March 10, 2023

BERLIN, March 10 (Reuters) - German auto supplier Schaeffler (SHA_p.DE) plans to sell its Russia business to Austrian businessman Siegfried Wolf, a Schaeffler s

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GE working to address durability issues with LEAP jet engines,…

Posted by March 9, 2023

CINCINNATI, Ohio March 9 (Reuters) - General Electric Co (GE.N) is working on addressing issues with the durability of its LEAP jet engines and changes will be

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EU companies can get as much in EU aid as…

Posted by March 9, 2023

BRUSSELS, March 9 (Reuters) - EU businesses can get as much government funding as from a U.S. green energy subsidy package, under looser European Commission rul

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