Italy’s BPM asks market watchdog to protect stakeholders after UniCredit bid
MILAN (Reuters) -Italy’s Banco BPM said it has asked market watchdog Consob to adopt measures to protect the bank’s stakeholders and its bid for Anima, after rival UniCredit launched its own bid for BPM. Banco BPM had complained before that…
Japan’s Seven & i plans to open 500 stores in US, Canada by 2027
TOKYO (Reuters) – Japan’s Seven & i Holdings said on Wednesday it plans to open 500 new convenience stores in the United States and Canada through 2027. Seven & i’s founding Ito family made an offer, estimated to be worth…
Japan stocks lower at close of trade; Nikkei 225 down 0.73%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Marine Transport, Insurance and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.73%. The best performers of…
Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom
By Gilles Guillaume and Alessandro Parodi PARIS/GDANSK (Reuters) – European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge – tougher emissions rules that threaten to further shrink profits…
Australia’s Qantas to pay $76 million to former employees
(Reuters) -Australia’s Qantas Airways said on Tuesday that it has reached a settlement with the Transport Workers Union (TWU) for compensation of A$120 million ($76.2 million) that it will pay former ground workers who were sacked in 2020. The airline…
Canada government adrift after finance minister resigns, Trump tariffs loom
By David Ljunggren OTTAWA (Reuters) – The abrupt resignation of Canada’s finance minister leaves the government adrift less a month before the inauguration of a new U.S. administration that could impose crippling sanctions on Canadian exports. Chrystia Freeland quit on…