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  • Bulgaria opts for Swedish Gripen combat jets Reuters - UK Focus - 41 minutes ago

    Bulgaria has decided to start talks with Sweden to acquire eight new Gripen combat jets made by SAAB (LSE: 0GWL.L - news) , interim deputy prime minister Stefan Yanev said on Wednesday, as the Balkan (LSE: 0IS4.L - news) country seeks to replace its ageing Soviet-designed MiG (Shenzhen: 300242.SZ - news) -29s. A special …

  • Bulgaria opts for Swedish Gripen combat jets Reuters - UK Focus - 1 hour 12 minutes ago

    Bulgaria has decided to start talks with Sweden to acquire eight new Gripen combat jets made by SAAB, interim deputy prime minister Stefan Yanev said on Wednesday. The Balkan country has picked the Swedish ...

  • Britain's FTSE little changed as focus turns to earnings Reuters - UK Focus - 1 hour 50 minutes ago

    British shares were flat on Wednesday, with gains for Standard Chartered and other companies that reported well-received earnings updates helping to offset a pullback in healthcare stocks. The blue-chip ...

  • Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt

    By Helen Reid LONDON (Reuters) - French luxury group Kering hit a record high on Wednesday after reporting strong sales and European shares hovered near a 20-month peak, supported by a wave of earnings results that largely outperformed market expectations. The pan-European benchmark gained 0.1 percent in early trading …

  • The British Union flag and the European Union flag are seen flying behind a clock in the City of London, Britain

    By Ben Hirschler and Kate Holton LONDON (Reuters) - Summit Therapeutics is about to start pivotal tests of a novel antibiotic discovered by UK scientists to treat a sometimes deadly bowel infection, but Britons could be the last patients to get it after Britain leaves the EU. The biotech company headquartered outside …

  • Switzerland's national flags fly beside the logo of Swiss bank Credit Suisse in Zurich

    By Joshua Franklin ZURICH (Reuters) - Credit Suisse will raise around 4 billion Swiss francs ($4 billion) (3.14 billion pounds) from its shareholders, the embattled bank said on Wednesday, trying to close the gap in financial strength with rivals. The bank said the decision, which saw management ditch an alternative …

  • Feedback from investors helped Credit Suisse decide to raise capital through a rights offering instead of going ahead with a partial flotation of its Swiss banking division, Chief Financial Officer David Mathers said on Wednesday. Mathers added this latest 4 billion Swiss franc (£3.14 billion) cash call, which follows …

  • Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt

    By Kit Rees LONDON (Reuters) - Deal-making and earnings underpinned European stock markets on Tuesday as the focus shifted back to fundamentals and away from politics, for now, with the pan-European STOXX 600 <.STOXX> index scoring its fifth straight session of gains. A win for centrist candidate Emmanuel Macron in the …

  • British shares edged higher on Tuesday as a strong Europe-wide market rally after the first round of the French election dissipated and investors focused on corporate results which indicated tougher times ...

  • EU mergers and takeovers (April 25) Reuters - UK Focus - 20 hours ago

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- French media company Bollore to acquire control of French company ...

  • The Nestle logo is pictured on the company headquarters building in Vevey

    By Martinne Geller LONDON (Reuters) - Nestle plans to cut almost 300 jobs in Britain as it simplifies its operations and moves production of Blue Riband biscuits to Poland, becoming the latest food and drink maker to reduce its UK operations as the country prepares to leave the European Union. Swiss-based Nestle said …

  • FILE PHOTO: EU and Union flags fly above Parliament Square in London

    By Huw Jones LONDON (Reuters) - The European Union should hit the pause button on new bank rules ahead of Britain's departure from the bloc, senior bank executives said on Tuesday. The EU is fine-tuning a mass of rules introduced to make banks safer after the financial crisis that began nearly a decade ago. "We cannot …

  • Royston Wild looks at two stocks with hot growth prospects.

  • Gazprom CEO Miller attends St. Petersburg International Economic Forum 2016

    By Dmitry Zhdannikov LONDON (Reuters) - A new pipeline from Russia's Arctic fields to Germany will boost Moscow's share of the European gas market despite competition from Qatar and the United States, and will also mean much less fuel goes via Ukraine, Russian gas monopoly Gazprom said. Chief Executive Alexei Miller told …

  • British shares edged up on Tuesday as a strong Europe-wide market rally after the first round of the French election dissipated, with investors' focus back on corporate results which indicated tougher ...

  • The logo of German steel-to-elevators group ThyssenKrupp AG is pictured during the company's annual news conference in Essen

    By Georgina Prodhan and Tom Käckenhoff HANOVER, Germany (Reuters) - Thyssenkrupp sees the connecting up of its elevators to the internet lifting its profits by millions of euros, the head of its elevator business said this week. The German industrial conglomerate is preparing to start selling connected elevators in six …

  • Credit Suisse's chairman Rohner attends the 2016 IIF Spring Membership meeting in Madrid

    By Joshua Franklin ZURICH (Reuters) - Credit Suisse Chairman Urs Rohner faces his toughest shareholder meeting to date this week following an investor revolt over bonuses and losses totalling 5.65 billion Swiss francs (4.43 billion pounds) since 2015. Rohner, 57, is facing calls to stand down after six years as chairman, …

  • FILE PHOTO: Logo of Toshiba Corp is seen behind a traffic signal at its headquarters in Tokyo

    TOKYO (Reuters) - Japan's Toshiba Corp will start taking bids for Landis+Gyr, its Swiss smart meter unit, as early as June, Kyodo news agency reported on Tuesday. Hitachi Ltd and other Japanese firms are seen as possible bidders for the unit, Kyodo said, without citing sources. Reuters last month reported that Toshiba …

  • A sign marks a building on Novartis' campus in Cambridge

    By Tatiana Bautzer and Guillermo Parra-Bernal SAO PAULO (Reuters) - Johnson & Johnson , Novartis AG and Takeda Pharmaceutical Co Ltd <4502.T> have expressed interest in a buyout of the controlling stake that two families have in Brazilian drugmaker Hypermarcas SA , two people with knowledge of the matter said on Monday. …

  • By Alissa de Carbonnel and Maya Nikolaeva PARIS (Reuters) - Western partners of gas giant Gazprom agreed on Monday to provide half the financing for the 9.5-billion euro (7.95 billion pounds) Nord Stream 2 pipeline, removing a big hurdle for a Russian plan to pump more gas to Europe. The commercial endorsement of the …

  • Western partners of gas giant Gazprom agreed on Monday to provide half the financing for the 9.5-billion euro ($10.32 billion) Nord Stream 2 pipeline, removing a big hurdle for a Russian plan to pump more gas to Europe. The commercial endorsement of the project by Western firms offers Russian state-owned Gazprom, which …

  • Traders work at their desks in front of the German share price index DAX board in Frankfurt

    By Danilo Masoni and Helen Reid MILAN/LONDON (Reuters) - European shares rallied, banks soared, and French blue-chips briefly hit a nine-year high on Monday after France's presidential election sparked a rush to risky assets. Investors cheered the first-round result of France's presidential election, which saw centrist …

  • 2 smart things you could do with £1,000 right now Fool.co.uk - Mon, Apr 24, 2017 16:34 BST

    Bilaal Mohamed considers two very smart, and yet very different ways to invest £1,000 today.

  • Austrian oil and gas group OMV said on Monday it would provide long-term financing to secure 30 percent of its share of project costs of the Nord Stream 2 pipeline from Russia. Under the agreement between the western partners of Russian gas giant Gazprom OMV is obliged to fund 10 percent of the 9.5-billion euro pipe …

  • OMV to secure long-term financing for 30 pct of its Nordstream 2 share Reuters - UK Focus - Mon, Apr 24, 2017 15:23 BST

    Austrian oil and gas group OMV said on Monday it would provide long-term financing to secure 30 percent of its share of project costs of the Nord Stream 2 pipeline from Russia. Under the agreement between ...

  • Luxury shoe brands Jimmy Choo and Bally put up for sale Reuters - Mon, Apr 24, 2017 14:56 BST
    FILE PHOTO: A store of shoe designer Jimmy Choo is seen in St. Moritz

    By James Davey LONDON (Reuters) - British luxury retailer Jimmy Choo has put itself up for sale to try to maximise shareholder value as majority investor JAB increases its focus on consumer goods. JAB Luxury also said on Monday it was reviewing its ownership of Bally International, the Swiss luxury footwear and accessories …

  • Gazprom's western partners agree Nord Stream 2 gas pipeline financing Reuters - UK Focus - Mon, Apr 24, 2017 14:32 BST

    Western partners of Russian gas giant Gazprom agreed on Monday on financing the 9.5-billion euro Nord Stream 2 pipeline, removing a key hurdle for the Russian plan to pump more gas to Europe. At a signing ...

  • Ex-divs to take 5.65 points off FTSE 100 on Apr.27 Reuters - UK Focus - Mon, Apr 24, 2017 11:50 BST

    The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...

  • CEO to go after LafargeHolcim admits paying Syrian groups Reuters - Mon, Apr 24, 2017 11:42 BST
    CEO Olsen of LafargeHolcim addresses a news conference in Zurich

    By John Revill and Oliver Hirt ZURICH (Reuters) - LafargeHolcim Chief Executive Eric Olsen will leave the company in July after the world's largest cement maker admitted on Monday it had paid armed groups to keep a factory operating in war-ravaged Syria. An independent internal inquiry found protection payments made …

  • Euro volatility collapses as Le Pen fears evaporate Reuters - Mon, Apr 24, 2017 08:25 BST
    A sculpture showing the euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

    Market measures of expected volatility of the euro sank on Monday, pointing to a collapse in bets on a market shock from the second round of French presidential elections in two weeks' time. One-month volatility euro-dollar implied volatility - an options market measure of expected swings in the currency over the next …

  • Emerging markets could help lift German engineering this year Reuters - UK Focus - Mon, Apr 24, 2017 08:00 BST

    Germany's VDMA engineering association could lift its growth forecast for this year if early signals of positive business sentiment persist and prove justified, the VDMA's president said on Monday. Carl-Martin Welcker said emerging markets, Russia, India and Germany could lift German engineering production this year after …

  • The logo of Swiss agrochemicals maker Syngenta is seen at its headquarters in Basel

    FRANKFURT (Reuters) - Syngenta , the Swiss pesticides and seeds group that is being acquired by ChemChina , said first quarter sales slipped 1 percent to $3.74 billion (£2.92 billion) as growth in Asian corn seed markets were offset by lower demand for fungicides and herbicides in Latin America. "While conditions for …

  • FILE PHOTO:  Guido Rasi, executive director the European Medicines Agency (EMA), poses for a portrait at his office in London

    Europe's drugmakers pushed for a decision as early as June on the new location for the headquarters of the bloc's medicines watchdog, which will relocate from London after Britain's decision to leave the EU. The new location will be decided by the EU's heads of state, whose next meeting as the European Council is scheduled …

  • EU drugmakers urge June decision on new location for watchdog Reuters - UK Focus - Sun, Apr 23, 2017 23:01 BST

    Europe's drugmakers pushed for a decision as early as June on the new location for the headquarters of the bloc's medicines watchdog, which will relocate from London after Britain's decision to leave the EU. The new location will be decided by the EU's heads of state, whose next meeting as the European Council is scheduled …

  • The Brazilian government may increase the corruption fine that engineering conglomerate Odebrecht agreed to pay in a multi-billion dollar leniency deal signed last year, newspaper Folha de S.Paulo reported on Sunday. Odebrecht, once Latin America's biggest builder, struck a deal with Brazil, the United States and Switzerland …

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