BNP Paribas first-quarter revenue beats as trading outperforms

By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -BNP Paribas’s first-quarter sales beat market expectations as trading business at the eurozone’s biggest bank outperformed most of its peers, while it started to reap the benefits from rising interest rates. BNP’s quarterly profit more than doubled in the first quarter from a year earlier, bolstered by …

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Chile peso to hold stable as economic and political worries fade: Reuters poll

By Gabriel Burin BUENOS AIRES (Reuters) – The Chilean peso is set for a period of stability as economic and political worries continue to fade, validating the central bank’s decision to unwind an intervention program implemented last year to calm market turmoil, a Reuters poll showed. In July last year, the peso plunged to a …

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Russian navy vessels seen near Nord Stream before blasts – Nordic broadcasters report

COPENHAGEN (Reuters) – Three Russian navy ships were observed in the Baltic Sea in the area of the Nord Stream pipeline blasts prior to the sabotage that halted Russian gas flows to Europe in September last year, an investigation by four Nordic broadcasters has found. The Russian navy ships were traced using satellite images and …

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UN aid chief seeks pledges from warring sides in Sudan to protect aid

GENEVA (Reuters) – U.N. aid chief Martin Griffiths said on Wednesday he was working on obtaining commitments by the warring parties in Sudan to protecting humanitarian assistance to ensure it can be delivered to those in need. “We will still require agreements and arrangements to allow for movement of staff and supplies,” he told reporters …

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Tras el Qatargate, Bruselas propone intensificar la lucha contra la corrupción

Por Gabriela Baczynska BRUSELAS (Reuters) – El órgano ejecutivo de la Unión Europea propuso el miércoles nuevas leyes para intensificar la lucha contra la corrupción mediante la armonización de las definiciones y penas de los delitos de corrupción en todo el bloque, así como la introducción de sanciones para los extranjeros corruptos. El proyecto entrará …

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Salzgitter CEO says German industry needs power price support

FRANKFURT (Reuters) – German industry still needs help with high electricity prices, the head of the country’s second-largest steelmaker Salzgitter said on Wednesday, arguing that without support it would not be possible to finance a shift to clean technologies. Plans to be firmed up soon by the economy ministry to subsidise industrial power, possibly by …

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