By Panu Wongcha-um BANGKOK (Reuters) – The leaders of Japan and Thailand announced a new defence agreement on Monday as well as plans to upgrade their economic relations, as Japanese Prime Minister Fumio Kishida wrapped up the last leg of a three-natio…
Halliburton names Eric Carre as new CFO
(Reuters) – Oilfield services provider Halliburton Co on Monday named Eric Carre as its new chief financial officer, replacing Lance Loeffler. (Reporting by Rithika Krishna in Bengaluru; Editing by Shounak Dasgupta)
Italy’s Treasury sets new framework for cash management operations
MILAN (Reuters) – Italy’s Treasury said on Monday it set up a new framework for managing the cash balance on the account held by the Economy Ministry (MEF) at the Bank of Italy, adding the new system will go live soon. “Thanks to these regulatory and t…
Adler says it will remain shut out of financial markets until audit completed
FRANKFURT (Reuters) – German landlord Adler will remain shut out of banking and capital markets until its financial statements have been audited, the company said on Monday after its board of directors resigned amid an accounting investigation. Short s…
G-III Apparel to buy Karl Lagerfeld brand in $210 million all-cash deal
(Reuters) -G-III Apparel Group Ltd said on Monday it has agreed to acquire the remaining 81% stake in Karl Lagerfeld for $210 million in cash, becoming the sole owner of the Parisian fashion brand. G-III, which owns brands including DKNY and Jessica Ho…
Russia’s Bolshoi drops shows by two directors who spoke out against war
LONDON (Reuters) – Russia’s Bolshoi Theatre has upset opera and ballet fans by abruptly cancelling a series of shows this week by directors who have spoken out against the war in Ukraine. The theatre gave no reason for dropping Timofey Kuliabin’s produ…
Vestas warns Ukraine war adds to strain on wind industry, shares plummet
COPENHAGEN (Reuters) -Wind turbine maker Vestas posted a deep first-quarter loss and slashed its 2022 margin forecast due to the war in Ukraine and writedowns in its offshore business, reflecting an industry wide struggle to turn a profit despite recor…
Wall Street slides, 10-year Treasury yields cross 3% as Fed rate hike looms
By Stephen Culp NEW YORK (Reuters) – U.S. stocks turned lower on Monday and benchmark U.S. Treasury yields breached the 3% mark at the start of an eventful week of corporate earnings, economic data and an expected interest rate hike from the U.S. Feder…
Anti-Macron front takes shape on left as Melenchon, Greens strike deal
By Tassilo Hummel and Michel Rose PARIS (Reuters) -Momentum was building on Monday behind attempts by French left-wing parties to form a united front against President Emmanuel Macron in next month’s parliamentary elections, after radical Jean-Luc Mele…
British royals mark seventh birthday of Princess Charlotte with new photos
LONDON (Reuters) – Britain’s Prince William and his wife Kate published three photographs of their daughter Charlotte on Sunday to mark her seventh birthday. The photographs of Charlotte, who turns seven on Monday, were taken by Kate in Norfolk, easter…