Headlines

ABB to launch $1 billion share buyback on April 3

ABB to launch $1 billion share buyback on April 3

ZURICH (Reuters) – ABB will launch its new $1 billion share buyback on April 3, the Swiss engineering company said on Friday, wi..

Apollo assures investors deposit flight won’t spill over to Athene

Apollo assures investors deposit flight won’t spill over to Athene

By Chibuike Oguh (Reuters) – Apollo Global Management Inc has been telling investors and analysts in the last few days that its ..

Nestle closes French Buitoni factory hit by E.coli outbreak

Nestle closes French Buitoni factory hit by E.coli outbreak

PARIS (Reuters) – Swiss packaged-food giant Nestle is closing a frozen-pizza factory in northern France that saw sales fall shar..

Iveco to transfer Nordic retail and commercial operations to Hedin

Iveco to transfer Nordic retail and commercial operations to Hedin

MILAN (Reuters) – Italian truck and bus maker Iveco Group said on Thursday it had struck a preliminary deal with Sweden’s ..

Petrofac, Hitachi Energy receive $14 billion agreement from TenneT

Petrofac, Hitachi Energy receive $14 billion agreement from TenneT

(Reuters) – Petrofac Ltd said on Thursday it was awarded a 13 billion euro ($14.09 billion) framework agreement with Hitachi Ene..

Analysis-Rate rises pile pain on SME firms in U.S. and Europe

Analysis-Rate rises pile pain on SME firms in U.S. and Europe

By Chiara Elisei LONDON (Reuters) – U.S. and European small and medium-sized (SME) firms may be next to feel the pain of rapid i..

New York catches up with London to head City’s global centres survey

New York catches up with London to head City’s global centres survey

By Huw Jones LONDON (Reuters) – London is no longer the clear leader among global financial centres after New York rose from sec..

Soccer-Arsenal reach Women’s Champions League semis for first time since 2013

Soccer-Arsenal reach Women’s Champions League semis for first time since 2013

(Reuters) – Arsenal reached the Women’s Champions League semi-finals for the first time in 10 years after beating Bayern M..

Ericsson’s board rebuked by shareholders at AGM for second year in a row

Ericsson’s board rebuked by shareholders at AGM for second year in a row

STOCKHOLM (Reuters) – Ericsson shareholders voted against discharging the CEO and most of the board members of liability for the..

BoE’s Mann: Falling headline inflation, high core, make policy difficult

BoE’s Mann: Falling headline inflation, high core, make policy difficult

WASHINGTON (Reuters) – Falling energy prices will lower headline inflation towards the Bank of England’s 2% target, but pe..