SAO PAULO, April 8 (Reuters) – Brazilian digital bank Modalmais has set the price range for its initial public offering, expected to reach around 1.5 billion reais ($270 million).The amount considers the pricing in the middle of the range, that was set between 24.30 and 32.82 reais for each unit. Modal plans to sell 51…
FILE PHOTO: An unmarked A320-214SL Airbus plane is seen on the tarmac at the Airbus factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier/File PhotoPARIS (Reuters) – Airbus reported slightly higher deliveries in the first quarter with 125 aircraft handed over to airlines after a sharp increase in activity in March, company data…
Brazilian digital bank Modalmais has set the price range for its initial public offering, expected to reach around 1.5 billion reais ($270 million).The amount considers the pricing in the middle of the range, that was set between 24.30 and 32.82 reais for each unit. Modal plans to sell 51…
PARIS (Reuters) – France’s Michelin plans to add about 14 billion euros ($17 billion) to its annual revenues by 2030, by recovering from a pandemic-induced slowdown and diversifying beyond its tyre-making heritage into new activities including hydrogen power and medical devices.FILE PHOTO: Bibendum, the Michelin Man mascot, is seen on a tyre at the entrance…
MINNEAPOLIS (Reuters) – A critical care doctor called as a prosecution witness in Derek Chauvin’s murder trial testified on Thursday that George Floyd died from a lack of oxygen caused by being handcuffed face down in the street with the former Minneapolis police officer’s knee on his neck.“Mr. Floyd died from a low level of…
ROME, April 8 (Reuters) – World food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said on Thursday.The Food and Agriculture Organization’s food price index, which measures monthly changes for a basket…
(Adds comments from Calvino.)April 8 (Reuters) – The Spanish government will lower its forecast for gross domestic product growth in 2021 after the first quarter was worse than expected, Economy Minister Nadia Calvino said on Thursday. “We leave behind a tough first quarter of the year, and that’s the main reason why we are going…
FILE PHOTO: Irish Foreign Minister Simon Coveney in Berlin, Germany, December 11, 2020. REUTERS/Fabrizio Bensch/Pool/File PhotoDUBLIN (Reuters) – Nightly outbreaks of street violence in Northern Ireland must stop before somebody is killed, Irish Foreign Minister Simon Coveney said on Thursday, calling on the region’s political and community leaders to work together to ease tension.“This needs…
WASHINGTON (Reuters) -President Joe Biden on Thursday will unveil his administration’s first steps to curb gun violence, including a plan to reduce the proliferation of “ghost guns,” after a slew of mass shootings that have put pressure on him to act.FILE PHOTO: U.S. President Joe Biden visits a coronavirus disease (COVID-19) vaccination site at Virginia…
April 7 (Reuters) – Asian equities are poised to track Wall Street’s cautious gains on Thursday after minutes from the Federal Reserve’s latest meeting reiterated its commitment to keep interest rates low until the U.S. economy makes a more secure recovery.The S&P 500 and Dow closed slightly higher on Wednesday, as the Fed’s commentary reinforced…