(Reuters) – The board of German 3D metal printing machine maker SLM Solutions Group AG on Tuesday recommended that its shareholders accept a takeover offer from Japanese camera maker Nikon Corp. Nikon announced last month its plans to take over SLM Sol…
Coronation of Britain’s King Charles to be held next May
By Michael Holden LONDON (Reuters) – Britain’s King Charles III will be crowned at London’s Westminster Abbey next May in a ceremony set to follow the traditional pageantry used for anointing monarchs over the last 1,000 years, Buckingham Palace announ…
IMF cuts 2023 growth outlook amid colliding global shocks
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund on Tuesday cut its global growth forecast for 2023 amid colliding pressures from the war in Ukraine, high energy and food prices, inflation and sharply higher interest rates, warning…
EU regulators group against big tech paying for telco infrastructure
AMSTERDAM (Reuters) – A group of European telecom regulators does not support the idea of having big tech firms such as Google and Netflix paying for telecommunications infrastructure, it said in initial findings published on Tuesday. The findings by t…
Unions call for strike at TotalEnergie’s Donges refinery from Wednesday – report
PARIS (Reuters) – A representative of France’s CGT Union said on Tuesday that workers at TotalEnergie’s Donges refinery in western France would go on strike on Wednesday. “Donges will be on strike tomorrow,” he said, confirming a report by French newsp…
Fire-fighting Bank of England forced to buy inflation-linked bonds
By Andy Bruce LONDON (Reuters) -The Bank of England sought again to stem a sharp sell-off in Britain’s 2.1 trillion pound ($2.3 trillion) government bond markets on Tuesday, expanding its emergency buying to inflation-linked debt. Citing a “material ri…
Germans told to unite over energy crisis amid EU divisions
By Rachel More and Paul Carrel BERLIN (Reuters) – Germany can weather a winter gas shortage caused by Russia’s war on Ukraine provided companies and households pull together, Chancellor Olaf Scholz said on Tuesday ahead of a meeting of EU ministers div…
Britain’s City Minister says he respects independent financial watchdogs
By Huw Jones LONDON (Reuters) – Britain’s financial services minister said he respected the operational independence of the country’s financial watchdogs, but ministers should have room to intervene if they need to. A draft financial services and marke…
FTSE 100 falls for fifth session, eyes on BoE moves to stem bond rout
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) -Britain’s main stock indexes fell on Tuesday, as geopolitical risks and the prospect of higher interest rates hit global markets, with investors focussing on fresh measures by the Bank of England (B…
Belgium agrees budget with tax on energy companies, ministers’ salary cuts
By Marine Strauss and Charlotte Van Campenhout BRUSSELS (Reuters) -Belgium’s federal government reached a deal on the annual national budget on Tuesday, including cuts to ministers’ salaries, measures to support families and companies and a tax on the …