By Julien Ponthus and Elvira Pollina PARIS/MILAN (Reuters) -The collapse of a deal to form a French TV giant to challenge U.S. streaming services such as Netflix knocked shares in M6 Group and TF1 on Monday. France’s two biggest private broadcasters ga…
U.S. dollar sails higher as markets price in hefty Fed rate hike
(In 6th paragraph, corrects to show the dollar is on track in 2022 to post its largest yearly percentage gain in 38 years, not 18) By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose against major currencies on Monday, trading within narrow…
Treasury yields jump before Fed meeting, dollar gains
By Herbert Lash NEW YORK (Reuters) -The benchmark 10-year Treasury yield hit its highest in over a decade on Monday and the dollar strengthened as investors were on edge before an expected hefty Fed interest rate hike this week to tackle inflation. The…
Jumbo keeps 2022 profit outlook, freezes 2024 investment decisions
ATHENS (Reuters) – Greek retailer Jumbo on Monday maintained its growth outlook for the year but said an “uncontrolled” rise in costs has prompted it to temporarily freeze its investment decisions for 2024. The retailer, which operates 53 stores in Gre…
German economy ministry reveals plan to boost competition office powers
BERLIN (Reuters) – Germany’s federal cartel authority will get expanded powers to crack down on anti-competitive practices found in its assessments on entire sectors, plans released by the economy ministry showed on Monday. Such assessments are to last…
Factbox-Germany’s LNG import project plans
FRANKFURT (Reuters) – German is acquiring liquefied natural gas (LNG) terminals as part of its efforts to diversify away from Russian gas. It leased four floating storage and regasification units (FSRUs) in May and capable of importing at least 5 billi…
In parks and pubs, Britons say goodbye to Queen Elizabeth
By Lindsay Dunsmuir and Alexandra Hudson EDINBURGH/HASTINGS, England (Reuters) – In airport lounges, parks, pubs and city squares, people gathered in front of screens across Britain on Monday to watch the state funeral of Queen Elizabeth, seeking out t…
E.ON, asked about Isar 2, says has supplied information in line with law
FRANKFURT (Reuters) – German utility E.ON has supplied relevant information about necessary repairs at its Bavarian Isar 2 nuclear reactor in line with nuclear safety laws, a spokesperson for the company said on Monday. Germany’s environment ministry h…
Queen’s final resting place is a small chapel in historic Windsor Castle
WINDSOR, England (Reuters) – At the end of a state funeral watched by millions of people the world over, Queen Elizabeth was being brought home to her beloved Windsor Castle to be buried in a small chapel in a private ceremony. Originally built by Will…
Germany to deliver four more howitzers to Ukraine – German defence ministry
BERLIN (Reuters) – The German military will supply Ukraine with four more Panzer howitzer 2000 tanks together with an additional ammunition package, the German defence ministry said on Monday. Delivery will be possible and follow immediately after disc…