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European shares close at one-month low as oil stocks slide, Pearson plummets

By Shreyashi Sanyal (Reuters) -Europe’s STOXX 600 index closed at its lowest level in nearly a month on Tuesday at the beginning of a shortened week packed with high-profile central bank events as energy stocks slumped and Pearson led falls among media companies. The pan-European STOXX 600 index fell 1.2%, closing at its worst level …

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Italy’s MCC names as new CEO senior Banco BPM exec Minotti

MILAN (Reuters) – The board of Mediocredito Centrale (MCC) on Tuesday appointed Francesco Minotti as its new chief executive, the Italian state-owned bank said in a statement. Minotti held a post as senior executive at Banco BPM, Italy’s third largest lender, in charge of relationships with institutions and no-profit organisations. Rome-headquartered MCC last week named …

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Campari makes strong start to year, sees U.S. demand holding up

By Federico Maccioni MILAN (Reuters) -Campari expects demand to hold up in its main U.S. market despite reports of weakness from some rivals, the Italian drinks group said on Tuesday, as strong sales of its Aperol bitter and tequila liquor in particular boosted first-quarter results. The company reported a 19.6% jump in like-for-like sales to …

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TotalEnergies, Sinopec pitched for role in Saudi gas project -sources

By Maha El Dahan and Ron Bousso (Reuters) -Saudi Arabian oil giant Aramco is in a “listening phase” on proposals from refining giant Sinopec Corp and French oil major TotalEnergies for a slice of a shale gas development project worth about $10 billion, two sources with knowledge of the matter said on Tuesday. Sinopec and …

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StoneX aumenta su previsión de cosecha de maíz en Brasil en campaña 2022-23

SAO PAULO (Reuters) – La producción total de maíz de Brasil en la campaña 2022/23 alcanzará un récord de 131,59 millones de toneladas, dijo el martes la consultora StoneX, elevando la proyección respecto a la estimación del mes pasado. StoneX elevó la proyección para la segunda cosecha del cereal a 100,8 millones de toneladas, frente …

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Cereales cotizan mixtos en Chicago por demanda y la situación de los cultivos

Por Cassandra Garrison CIUDAD DE MÉXICO (Reuters) – Los granos y los aceites vegetales de Chicago cotizaban mixtos el martes, ya que la escasa demanda de exportaciones arrastró los futuros del trigo, mientras que los indicios de una creciente demanda de biocombustible a partir de la soja apoyaron al aceite de soja. * El trigo …

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BP pays $1 billion under Britain’s windfall tax

LONDON (Reuters) – BP expects to pay $1 billion under Britain’s windfall tax on the oil and gas sector between May 2022 and April 2023, the company said on Tuesday. BP paid a total of $650 million in tax in Britain in the first quarter of 2023, of which $300 million came under the Energy …

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Funcionarios clave de la Fed ven probable el regreso de un mundo de tasas bajas

Por Michael S. Derby (Reuters) – A pesar de todas las afirmaciones de que la pandemia y el repunte de la inflación que la siguió han puesto fin a la era de las tasas de interés bajas, las principales autoridades de la Reserva Federal y de otros lugares siguen viendo un retorno a ese mundo …

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Switzerland’s Sika completes acquisition of Germany-based MBCC

ZURICH (Reuters) – Sika has completed its acquisition of Germany-based MBCC after receiving all necessary regulatory approvals, the Swiss chemicals company said on Tuesday. In order to get the approvals Sika said it had agreed to divest MBCC’s chemical admixture business in a number of markets. Some regulators were concerned the deal would reduce competition …

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Over 100,000 refugees crossed from Sudan to neighbouring countries – UN

GENEVA (Reuters) -More than 100,000 refugees have crossed from Sudan to neighbouring countries to escape the conflict that erupted last month while hundreds of thousands have been displaced within the country, U.N. officials said on Tuesday. “Over 100,000 refugees are estimated to be among those who have now crossed to neighbouring countries, including Sudanese refugees,” …

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