(Reuters) – Unilever’s shares rose 5% on Monday following reports activist investor Nelson Peltz has built a stake in the consumer goods maker, as its strategy comes under scrutiny after effectively abandoning the pursuit of GlaxoSmithKline’s consumer …
UniCredit shares rise 1% on report of lost interest for Russia’s Otkritie Bank
MILAN (Reuters) – Shares in Italy’s UniCredit rose 1% in early trade on Monday after a report in Russian business daily Kommersant said the Italian bank had lost interest in Russia’s Otkritie Bank. UniCredit declined to comment. UniCredit shares were u…
ECB’s Villeroy: ECB to do what is necessary to bring inflation around 2%
PARIS (Reuters) -The European Central Bank will do whatever is necessary to bring inflation down to around 2%, ECB member and Bank of France governor Francois Villeroy de Galhau said on Monday. “If needed, the European Central Bank, the Bank of France …
Bike maker Accell agrees to 1.56 billion euro takeover by KKR-led consortium
AMSTERDAM (Reuters) – Accell Group, the maker of bicycle brands such as Sparta and Batavus, has agreed to an all-cash takeover by a consortium led by KKR that values the company at 1.56 billion euros ($1.77 billion), it said in a statement on Monday. T…
Anxiety over Fed tightening, Ukraine tensions sink stocks, oil
(Refiles to insert Global Markets tag in headline) By Pete Schroeder WASHINGTON (Reuters) – The selloff on Wall Street worsened Monday and oil prices turned lower as rising geopolitical tensions and the Fed’s plans to reduce economic stimulus took thei…
Beijing introduces more COVID measures as cases mount before Olympics
BEIJING (Reuters) -Beijing’s city government on Sunday introduced new measures to contain a recent outbreak of COVID-19, as China’s capital continued to report new local cases of the virus less than two weeks before it hosts the Winter Olympic Games. N…
Alpine skiing-Ryding wins Kitzbuehel slalom in British first
(Reuters) -Dave Ryding won the Kitzbuehel men’s slalom on Saturday in a first for a British skier in the 55-year-history of the Alpine World Cup and with the Beijing Olympics only weeks away. Norway’s Lucas Braathen and Henrik Kristoffersen were second…