1. French central bank sees first quarter return to growth
REUTERS @2025-02-11 15:02:43-05:00
The French economy is set to return to growth in the first quarter as service sector activity rebounds, the central bank said on Tuesday in its monthly outlook.
2. ArcelorMittal considers shifting European support activities to India
REUTERS @2025-02-11 14:36:11-05:00
ArcelorMittal is considering a potential shift of some of its European business support activities to India, as the region’s steel sector faces pressure from high costs and rising imports, the world's second-largest steelmaker said on Tuesday.
3. Carrefour makes proposal to take Brazilian unit private
REUTERS @2025-02-11 14:08:01-05:00
French grocer Carrefour SA CARR.PA sent to its management a proposal to take its Brazilian unit Atacadao SA , known as Carrefour Brasil, private, the Brazilian company said in a securities filling on Tuesday.
4. Italy and Asterion submit fully financed bid for Telecom Italia's Sparkle
REUTERS @2025-02-11 14:02:25-05:00
A Treasury-led consortium submitted a new binding bid on Tuesday for Telecom Italia's (TIM) subsea cable business Sparkle, three sources close to the matter told Reuters.
5. Democrats say Trump illegally withholding state EV charging funds
REUTERS @2025-02-11 13:58:14-05:00
A group of nine senators on the Environment and Public Works Committee said on Tuesday the Trump administration is illegally withholding $3 billion in previously awarded funds to states for electric vehicle charging.
6. Ukraine backs purchase of Soviet-designed nuclear reactors from Bulgaria
REUTERS @2025-02-11 13:57:08-05:00
Ukraine's parliament on Tuesday passed a law that allows the state nuclear power operator to buy two Soviet-designed nuclear reactors from Bulgaria for Ukraine's Khmelnytskyi power plant, lawmakers said.
7. Anduril takes over Microsoft's $22 billion US Army headset program
REUTERS @2025-02-11 13:52:32-05:00
Palmer Luckey-founded defense tech startup Anduril will take over the development and production of Microsoft's mixed-reality headset program for the U.S. Army, the companies said on Tuesday.
8. Citadel's Griffin sees tariffs posing risk to US growth
REUTERS @2025-02-11 13:42:59-05:00
Ken Griffin, founder and CEO of investment firm Citadel, said on Tuesday that U.S. President Donald Trump's tariff policy is a risk to economic growth and may force other countries to find new trade alliances, as he criticized Trump's "bombastic rhetoric."
9. JPMorgan sees investment banking fees rising by mid-teens percentage in 1Q
REUTERS @2025-02-11 13:25:41-05:00
JPMorgan Chase's investment banking fees have grown by a mid-teens percentage so far in the first quarter, Chief Operating Officer Jennifer Piepszak said on Tuesday.
10. Market conditions not ideal for Aeromexico IPO in New York, CEO says
REUTERS @2025-02-11 13:11:01-05:00
Market conditions are currently not ideal for Mexican airline Aeromexico to list in New York, the firm's CEO said on Tuesday, after plans to go public were delayed last year.