FACTBOX-European companies cut jobs as economy sputters Adds Unilever July 15 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis

Investment in critical minerals in web of doubt, industry says By Eric Onstad PARIS, July 15 (Reuters) - Many companies are reluctant to invest in critical minerals and energy transition projects due to uncertainty about consumer demand for EVs and government commitment to zero-carbon goals, industry players said. The long-term picture is intact of a world needing large quantities of materials such as lithium, cobalt and copper to enable the world to give up using fossil fuels.

FACTBOX-European companies cut jobs as economy sputters Adds details on fresh job cuts July 9 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p

BUZZ-GS sees uneven recovery for European chemicals; ups Clariant, cuts Akzo ** Goldman Sachs favours consumer ingredient and gasses cos over diversified chemicals and paint makers based on pricing power, as the European chemicals sector faces an uneven recovery ** GS notes Europe's STOXX chemicals sub-index .SX4P is up 13% from its October 2023 tr

BUZZ-Top of the Street: Accor, Umicore, GEA, Rockwool A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Barclays raises French hotel group Accor ACCP.PA to "overweight" from "equal weight", saying the stock's underperformance vs peers over the past year is "unjustified" ** J.P.Morgan double-upgrades Belgian materials technology and recycling group Umicore UMI.BR to "overweight" from "underweight", saying challenges for the battery materials business are un

UPDATE 2-European shares lose ground on real estate, tech losses For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window France's Accor gains on Barclays upgrade Belgium's Umicore jumps on JPM upgrade STOXX 600 slips as real estate, technology stocks weigh Updated at 1600 GMT By Shashwat Chauhan, Jesus Calero and Shristi Achar A June 19 (Reuters) - European shares ended lower on Wednesday, pressured by losses in real estate and technology stocks

BUZZ-Umicore rises after JPM double upgrades ** Shares in Umicore UMI.BR rise around 3% to the top of Belgium's blue-chip index .BFX after J.P.Morgan double- upgrades the Belgian materials technology and recycling group to "overweight" from "underweight" ** JPM says the risk reward on the stock is now more attractive, and that an exit from the batt

EUROPE RESEARCH ROUNDUP-Hargreaves Lansdown, Segro, Umicore June 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hargreaves Lansdown, Segro and Umicore, on Wednesday. HIGHLIGHTS * GEA Group AG G1AG.DE : Jefferies raises to buy from hold * Hargreaves Lansdown HRGV.L : Jefferies cuts to hold from buy * Oxford Instruments OXIG.L : Berenberg raises target price to 2,945p from 2,640p * Segro SGRO.L : Jefferies cuts to hold from buy *

UPDATE 1-Umicore to cut 14% of workforce at its largest German site Adds reason in lead, region in Germany in paragraph 1, Quote paragraph 3, background paragraph 4-5 By Nathan Vifflin June 18 (Reuters) - Belgian metal recycling group Umicore UMI.BR is planning substantial workforce reductions at its German automotive catalysts business, it said on Tuesday, citing l ooser than expected Euro 7 emissions legislation and lower demand for cars .

Umicore to cut 14% of workforce in Hanau site June 18 (Reuters) - Belgian metal recycling group Umicore UMI.BR is planning substantial workforce reductions at its German automotive catalysts business, it said on Tuesday. The planned cuts target a 14% reduction in positions by 2027, affecting 140 jobs. Reporting by Nathan Vifflin

EUROPE RESEARCH ROUNDUP-Adidas AG, Crest Nicholson Holdings, Standard Chartered June 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas AG, Crest Nicholson Holdings and Standard Chartered, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : JP Morgan raises target price to EUR 250 from EUR 240 * Bellway Plc BWY.L : JP Morgan raises target price to 2,790p from 2,780p * Crest Nicholson Holdings Plc CRST.L : Peel Hunt raises target pr

EUROPE RESEARCH ROUNDUP-AB Dynamics, Etteplan, Wise June 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AB Dynamics, Etteplan and Wise, on Friday. HIGHLIGHTS * AB Dynamics Plc ABDP.L : Berenberg re-initiates coverage With Buy rating; PT 2,620p * Crest Nicholson CRST.L : Barclays cuts target price to 230p from 258p * Etteplan Oyj ETTE.HE : Evli Research raises to buy from hold * Halma HLMA.L : Barclays raises target price to 284

EUROPE RESEARCH ROUNDUP-Abrdn Plc, Crest Nicholson Holdings, Paragon Banking June 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Abrdn Plc, Crest Nicholson Holdings and Paragon Banking, on Thursday. HIGHLIGHTS * Abrdn Plc ABDN.L : Jefferies assumes coverage with hold rating; price target 155p vs 180p * Crest Nicholson Holdings Plc CRST.L : Jefferies raises target price to 265p from 237p * Frontier Developments Plc FDEV.L : Deut

UPDATE 2-European shares gain as cool US data bolsters Fed rate cut hopes For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Umicore drops after lowering FY profit forecast Rentokil gains after activist investor Peltz builds stake German inflation rises on higher service costs in May STOXX 600 up 1.2% Updated at 1550 GMT By Shristi Achar A and Shashwat Chauhan June 12 (Reuters) - European shares advanced on Wednesday, with rate-sensitive se

LIVE MARKETS-Banks tick higher but autos weigh on STOXX Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BANKS TICK HIGHER BUT AUTOS WEIGH ON STOXX The STOXX 600 .STOXX is rising 0.5%, as banks stage a recovery, 1.4% higher after falling 2.3% on Tuesday, caught up in market volatility around the upcoming French election.

BUZZ-Umicore hits bottom of STOXX after guidance cut on slowing EV market ** Shares in Umicore UMI.BR fall 6.3% to the bottom of Europe's STOXX 600 .STOXX after the Belgian metal recycling group cut 2024 EBITDA guidance on slowing growth in the EV market ** It now expects adjusted EBITDA of 760-800 million euros ($816-859 million), vs 900-950 milli

LIVE MARKETS-European futures brush off data as Fed looms Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN FUTURES BRUSH OFF DATA AS FED LOOMS European traders are gearing up for U.S. inflation figures, followed by a Fed policy decision later in the session, with futures barely moving after two closely-watched European data releases this morning.

UPDATE 3-Umicore cuts 2024 profit forecast on slowing electric vehicle market Sharp slowdown in EV demand impacts entire supply chain Co cuts 2024 EBITDA to a range of 760 million to 800 million euros Says volumes for Chinese battery manufacturers lagging Co to provide new projections in coming months Analyst reaction in paragraph 2, context with ACC battery production halt in paragraph 4 By Nathan Vifflin June 12 (Reuters) - Belgian metal recycling group Umicore UMI.BR lowered its 2024 profit f

UPDATE 1-French and Benelux stocks-Factors to watch Adds Umicore June 12 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. COLRUYT COLR.BR : The Belgian retailer posted a full-year net profit of 357 million euros, excluding one-off effects, and said it expects to match that figure in the current fiscal year.