DIRS.INFO The most relevant business & tech news

PARIS, Feb 6 (Reuters) - French investment firm Eurazeo (EURA.PA) ousted Chief Executive Virginie Morgon on Monday and named a new executive board following a row with the group's number one shareholder, the Decaux family, a source close to the matter said. Jean-Charles Decaux, Eurazeo's chairman, pushed for the decision after a number of matters caused friction between Morgon and the Decaux family, which owns 18% of Eurazeo, the source said. A spokesperson for Jean-Charles Decaux, who is also co-CEO of JCDecaux (JCDX.PA), the world's biggest outdoor advertising firm, declined to comment. In a statement Jean-Charles Decaux, Eurazeo's supervisory board president, called the newly appointed executive board "collegial" and "focused". ($1 = 0.9298 euros)Reporting by Mathieu Rosemain and Sudip Kar-Gupta; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Morgan Stanley economists forecast its stock market will be the world’s third largest before the end of 2030. For those who passively track stock market indexes, the controversy engulfing Adani, briefly the world’s third richest man, may act as a deterrent from an already expensive market. The newish chair of India’s securities regulator, Madhabi Puri Buch, has already wielded a stick at credit rating agencies to instil better market discipline. In the meantime, the turmoil is a reminder to investors of the danger of investing blindly in emerging markets. Stocks look increasingly expensive compared to emerging marketsReuters GraphicsFollow @ugalani and @ShritamaBose on TwitterloadingloadingCONTEXT NEWSShares of the Adani group companies have lost $65 billion since Jan. 25 after U.S. short-seller Hindenburg Research published a research note on the group.

☆ Taiwan seeks quick progress on long-stalled EU investment deal
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Dec 20 (Reuters) - Taiwan wants progress to be accelerated on a long-stalled bilateral investment agreement with the European Union, the island's President Tsai Ing-wen said on Tuesday. The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, the year before Tsai became Taiwan's president, but it has not held talks with Taiwan on the issue since. Meeting a delegation from the European Parliament's Committee on International Trade, Tsai said Taiwan and the EU should build a "resilient democratic alliance". Delegation leader Anna-Michelle Asimakopoulou told Tsai that the EU and Taiwan shared common values like democracy and human rights. "The EU recognises that our partnership in trade and investment with Taiwan is a strategic relationship with geopolitical implications," Asimakopoulou said.

☆ UK stocks track gains in Europe, Dr. Martens sinks on profit warning
▼ + stars: | 2022-11-24 | by ( Shashwat Chauhan | ) www.reuters.com time to read: +2 min

The blue-chip FTSE 100 (.FTSE) rose 0.3% in thin trading as U.S. markets were shut for the Thanksgiving holiday. The domestically focused FTSE 250 midcaps (.FTMC) rose 0.7%, also reflecting the upbeat mood in equity markets. A weak spot was Dr. Martens (DOCS.L), which tumbled 20% and looked set for its biggest percentage drop ever, after warning that its annual core profit margin would be lower than last year. UK stock markets have recovered sharply since a botched mini-budget roiled sentiment in October, with investors hoping that measures by the new government will help instil confidence even as Britain faces what is expected to be a lengthy recession. Shares of Vodafone , Imperial Brands (IMB.L) and National Grid (NG.L) slid as they traded without entitlement for dividend payout.

☆ Tim Sparv: Staying silent is ‘not an option’ with soccer heading in ‘dangerous’ direction after Qatar 2022
▼ + stars: | 2022-11-13 | by ( Ben Church | ) edition.cnn.com time to read: +7 min

CNN —Former Finland captain Tim Sparv says he hopes this month’s World Cup in Qatar will be a turning point for a sport that he believes is heading in a “dangerous” direction. AFP/Getty ImagesFIFA’s changesAmid the continuing criticism of Qatar, FIFA has urged nations participating in the tournament to focus on soccer and to leave politics out of the game. “I think there’s been a shift in our understanding of where sport is heading. He has since written two pieces for The Players’ Tribune which have outlined his opposition toward the World Cup in Qatar, the latest publishing earlier this month. This work will continue long after the World Cup has concluded, as it is important to us that we continue to instil and build on the progress made over the last decade.”

[1/2] People carry Polish flags and flares during a march to mark the 104th anniversary of Polish independence in Warsaw, Poland November 11, 2022. REUTERS/Kacper PempelWARSAW, Nov 11 (Reuters) - Thousands of people gathered in Warsaw on Friday for an annual march organised by Poland's far-right to mark Independence Day, with a handful carrying white supremacist or anti-gay banners and firing off red flares. Marchers, including families with children as well as representatives of far-right groups, waved white and red Polish flags and chanted "God, Honour, Homeland" as they walked through central Warsaw amid a heavy police presence. "Poland will be independent only if everybody's rights to life are equal and abortion is fully banned," said one marcher, Malgorzata Kurzeja, 42, an anti-abortion activist. Reporting by Agnieszka Pikulicka-Wilczewska, Editing by Angus MacSwan and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ UK's new finance minister scraps almost all planned tax cuts in bid to appease markets
▼ + stars: | 2022-10-17 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Tejas Sandhu | Lightrocket | Getty ImagesLONDON — U.K. Finance Minister Jeremy Hunt used his first Monday on the job to announce that almost all of the controversial tax measures announced by his predecessor would be reversed. The major U-turn includes scrapping the cut in the lowest rate of income tax from 20% to 19%, as well as cuts to dividend tax rates, the reversal of off-payroll working reforms, VAT claim-backs for tourists and the freeze on alcohol duty rates. Hunt said the reversed tax cuts totalled £32 billion a year. Markets cheered the announcement, with sterling trading up over 1% against the dollar by 11:30 a.m. London time. Yields on U.K. government bonds also fell sharply, with the 10-year yield trading down 35 basis points at 3.974%.

Search resuls for: "instil"

7 mentions found