EU watchdog scrutinises banks’ defences after SVB, Credit Suisse woes
European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing...
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UK offers $300 mln guarantee for Asia and Pacific climate fund
A Union Jack flag flutters in front of the Houses of Parliament in London, Britain, November 5, 2019. REUTERS/Hannah McKay/File...
Hitachi seeks EU okay for Thales deal with asset sales in France, Germany
The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsBRUSSELS, Sept 18 (Reuters) - Hitachi (6501.T) has offered to sell assets in France and Germany in a bid to address EU antitrust concerns about its proposed 1.7 billion-euro ($1.8 billion) buy of Thales' (TCFP.PA) GTS railway signalling business, a Hitachi spokesperson said on Monday.The Japanese conglomerate submitted its remedy offer last week to the European Commission, which is expected to seek feedback from Hitachi customers and rivals before...
China and EU hold talks on AI, cross-border data flow amid renewed tensions
An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in...
Exclusive: EU may become as hooked on China batteries as it was on Russian energy
Workers are seen at the production line of lithium-ion batteries for electric vehicles (EV) at a factory in Huzhou, Zhejiang province, China August 28, 2018. REUTERS/Stringer Acquire Licensing RightsMADRID, Sept 17 (Reuters) - The European Union could become as dependent on China for lithium-ion batteries and fuel cells by 2030 as it was on Russia for energy before the war in Ukraine unless it takes strong measures, a paper prepared for EU leaders said.The document, obtained by Reuters, will be the basis of discussions on Europe's economic security during a...
India’s Axis Bank investment banking unit co-CEO Negandhi resigns – internal memo
Brochures are seen at a branch of Axis Bank in Mumbai, India, January 22, 2018. REUTERS/Danish Siddiqui/File photo Acquire Licensing RightsNEW DELHI, Sept 15 (Reuters) - The co-CEO of Axis Bank's (AXBK.NS) investment banking unit Axis Capital, Chirag Negandhi, has resigned, according to an internal memo seen by Reuters on Friday.The investment bank will likely tap an outside candidate for Negandhi's role, two sources with direct knowledge of the matter told Reuters.Axis Capital named another co-Chief Executive Salil Pitale as the interim managing director and CEO, as per the memo.Negandhi...
Italy industry lobby says EU needs sovereign funds, stronger budget
ROME, Sept 15 (Reuters) - The European Union needs to build sovereign funds to support the clean energy transition, Italy's...
EU states consider easing post-Brexit derivatives clearing plan
Puzzle with printed EU and UK flags is seen in this illustration taken November 13, 2019. REUTERS/Dado Ruvic/Illustration/File Photo Acquire...
EU capital markets union needed to improve efficiency, German finance minister says
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBERLIN,...
Europe’s mining quest faces a hurdle: angry locals
COVAS DO BARROSO, Portugal, Sept 13 (Reuters) - In Portugal's northern Barroso region, Maria Loureiro weeps at the prospect of losing her family's land to a mine that could become one of Europe's biggest producers of lithium, used in electric vehicle batteries and other clean technologies."I don't want them to take away what has been left to me by my parents and grandparents," 55-year-old Loureiro said. "I don't want the mine ... I will fight it to the death."She is among local activists in Portugal and elsewhere whose determination to...