Fidelity National Information Services said on Thursday that it will conduct a strategic review of its business and add a new director to its board amid pressure from hedge fund D.E. Shaw Group.
Gas consumption in Germany was 5.2% below the average consumption of the last four years last week but rose by 11.8% compared to the previous week, the Bundesnetzagentur regulator said on Thursday.
EU competition regulators are seeking evidence that businesses are shifting investment from the bloc due to the U.S. Inflation Reduction Act as they consider loosening state aid rules to deal with the impact, according to a European Commission document seen by Reuters.
Turkey's central bank is expected to keep its policy rate unchanged next week, a Reuters poll showed on Thursday, having decided to end the cycle after cutting it to 9% in line with President Tayyip Erdogan's call for single-digit rates.
The Bank of England raised its key interest rate to 3.5% from 3% on Thursday and indicated that more hikes were likely, despite a looming recession, as it tries to speed inflation's return to target after price growth hit a 41-year high in October.
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Planned strike action by workers at Spanish airport operator Aena around Christmas and New Year has been called off after the company agreed to reinstate an annual bonus, union CCOO said on Thursday.
The move follows the U.S. Fed's decision to raise its main rate by half a percentage point as Western central banks grapple with inflation, post-COVID labor shortages and the impact of Russia's invasion of Ukraine on energy prices.
French oil giant TotalEnergies said on Thursday it joined forces with Saudi Arabian Oil Company (Aramco} to build a new petrochemical complex in Saudi Arabia.
The Bank of England on Thursday raised interest rates by a widely expected 50 basis points (bps) to 3.50%, in its ninth straight increase - and its eighth this year.
