Articles

  • Nov 8, 2024 | gurutrade.com | Tomasz Janowski |David Evans

    French wine output seen at 36.9 million hectolitres, down 23% Champagne region most affected with 46% drop in production All types of wines affected PARIS, Nov 8 (Reuters) - France's wine output is expected to fall by nearly a quarter this year after adverse weather hurt vineyards throughout the cycle with the Champagne region most hit, the French farm ministry said on Friday.

  • Oct 8, 2024 | gurutrade.com | Aditya Kalra |Scott Murdoch |David Evans |Louise Heavens

    NEW DELHI/HONG KONG, Oct 8 (Reuters) - Hyundai Motor India's IPO will open next week for subscriptions and will likely be priced in the range of 1,865 to 1,960 rupees ($22 to $23) per share, sources said on Tuesday, valuing the automaker at up to $19 billion in the country's biggest stock offering this year. The India IPO will be Hyundai's first stock market listing outside South Korea.

  • Sep 17, 2024 | gurutrade.com | Joan Faus |Inti Landauro |Jason Neely |David Evans

    BARCELONA, Sept 17 (Reuters) - Spanish bank BBVA has no intention of increasing its offer for smaller rival Sabadell, Chairman Carlos Torres said on Tuesday. The current offer is "very attractive" and will convince Sabadell's shareholders, Torres said at a university alumni event held in Barcelona. In April, BBVA launched a 12 billion euro ($13.4 billion) bid for all Sabadell shares, which turned hostile in May.

  • Aug 1, 2024 | gurutrade.com | Alex Lawler |Olesya Astakhova |Ahmad Ghaddar |David Evans

    LONDON, Aug 1 (Reuters) - OPEC+ key ministers meet on Thursday to decide output policy with sources expecting it is unlikely to make any changes to its current deal to cut production and to start unwinding some cuts from October, despite recent sharp declines in oil prices.

  • Jul 8, 2024 | gurutrade.com | Federico Maccioni |Jan Harvey |David Evans

    DUBAI, July 8 (Reuters) - The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report showed on Monday, as demand from the international ultra-rich stayed strong. A total of 190 homes worth an overall $3.2 billion were sold in the six months to end June compared with 189 properties for $3.3 billion in the same period of 2023, according to provisional data from property consultancy Knight Frank.

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