AMSTERDAM (Reuters) -The Netherlands Authority for Consumers and Markets (ACM) announced on Wednesday a preliminary investigation into Alphabet Inc’s Google for possible anti-competitive practices in its Play store. Tinder owner Match group had asked t…
European shares slammed by lacklustre earnings, Fed jitters
By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European stocks dropped on Wednesday, weighed by disappointing earnings and investor jitters ahead of a policy decision by the U.S. Federal Reserve, which is expected to hike rates by the most since 200…
Healthcare, consumer staples weigh on London’s FTSE 100
By Bansari Mayur Kamdar (Reuters) -UK’s benchmark equities index declined on Wednesday, weighed by weakness in consumer staple and healthcare shares, while investors awaited the Federal Reserve’s interest rate decision later in the day. The blue-chip F…
Climate activists take aim at Barclays, StanChart shareholder meetings
By Lawrence White and Iain Withers LONDON/MANCHESTER (Reuters) -Climate activists and other disgruntled investors glued themselves to chairs, set off alarms and chanted slogans at shareholder meetings hosted by Barclays and Standard Chartered on Wednes…
Volkswagen sticks to outlook as size offset supply chain woes
By Christoph Steitz and Jan Schwartz FRANKFURT (Reuters) -Volkswagen, Europe’s top carmaker, on Wednesday stuck to its outlook for 2022, shrugging off supply chain disruptions caused by the war in Ukraine and the pandemic by drawing on its global produ…
Just Eat Takeaway faces shareholder backlash over dealmaking
(Reuters) – Just Eat Takeaway.com NV board was under fire on Wednesday from investors at its AGM who criticised its dealmaking and sagging share price as the boom in online food ordering fades along with the pandemic in many key markets. Below are the …
German yields at multi-year highs, spreads widen ahead of Fed
By Stefano Rebaudo (Reuters) -German 10-year government bond yields remained around multi-year highs on Wednesday while spreads widened ahead of a U.S. Federal Reserve policy meeting, and after European Central Bank board member Isabel Schnabel said a …
EU targets Russian Patriarch Kirill in new round of proposed sanctions – diplomat
BRUSSELS (Reuters) – The European Commission has proposed freezing the assets of Patriarch Kirill, head of the Russian Orthodox Church, a diplomat said on Wednesday. The Patriarch has been added to a draft blacklist that already includes hundreds of mi…
N.Korea fires ballistic missile as South gets ready for new president
By Soo-hyang Choi and Hyonhee Shin SEOUL (Reuters) – North Korea fired a ballistic missile toward the sea off its east coast on Wednesday, South Korea and Japan said, about a week after Pyongyang vowed to develop its nuclear forces “at the fastest poss…
StanChart CEO says bank’s global focus still valid amid calls for HSBC break-up
By Iain Withers LONDON (Reuters) – Standard Chartered Chief Executive Bill Winters said the merits of a UK-based, Asia-focused bank remain valid in the face of “unpredictable” geopolitical tensions. Speaking to Reuters on the sidelines of StanChart’s a…