LONDON (Reuters) -British engineering company Rolls-Royce said on Thursday it expected to be able to offset the impact of global tariffs to keep it on track for 2025 profit targets, following a strong start to the year. Britain’s preeminent engineering company did not give details of the actions it was taking but the company is …
UK’s Rolls-Royce confident on targets despite tariff uncertainty Read More »
(Reuters) – Jupiter Fund Management’s Chair David Cruickshank will retire later this year, the British money manager said on Thursday, adding that a search for his successor will begin soon. (Reporting by Pushkala Aripaka in Bengaluru; Editing by Sumana Nandy)
(Reuters) – Britain’s National Grid on Thursday named Zoë Yujnovich as its next chief executive, succeeding John Pettigrew who, after almost 10 years in post, will retire from the role in November. Yujnovich, formerly an integrated gas and upstream director at Shell, has previously held senior roles at Rio Tinto and is also a non-executive …
Britain’s National Grid names ex-Shell director Zoë Yujnovich as CEO Read More »
By Tim Hepher and Florence Loeve PARIS (Reuters) -The head of Europe’s Airbus called for a return to tariff-free trading for aerospace on Wednesday, joining a chorus of U.S. industry leaders seeking relief from a growing tariff war in which Airbus warned there could be “only losers”. CEO Guillaume Faury said U.S. tariffs and the …
Airbus urges return to zero-tariff deal as first quarter beats forecasts Read More »
AMSTERDAM (Reuters) -The sweeping trade tariffs announced by U.S. President Donald Trump would reduce economic growth in the Netherlands by a percentage point through 2026, Dutch economic policy adviser CPB said on Thursday. Growth would be 0.4 percentage points lower this year than earlier predicted, and 0.6 percentage points less in 2026, the CPB said. …
US tariffs would take percentage point off Dutch economic growth, CPB says Read More »
By Melanie Burton MELBOURNE (Reuters) -Mining magnate Gina Rinehart is calling for Australia to follow the U.S. lead by embarking on Donald Trump-style leadership to cut government largesse while boosting defence spending and energy security, as the country heads to the polls this weekend. A vocal Trump supporter who attended the president’s inauguration party in …
Australia’s richest person says she wants Trump-like reforms as election nears Read More »
(Reuters) -S&P Global Ratings revised the credit outlook for Australia’s Woodside to “negative” from “stable” on Thursday after the energy company reached a final investment decision of $17.5 billion on its Louisiana liquefied natural gas project. Woodside deciding to proceed with the project without a material sell-down of its offtake exposure has eroded ratings headroom, …
S&P cuts Woodside’s credit outlook to ‘negative’ after LNG investment decision Read More »
By Scott Murdoch and Rajasik Mukherjee SYDNEY (Reuters) – Australian fund manager Platinum Asset Management said on Thursday it was in talks with investment manager L1 Capital on a deal to create an A$18 billion ($12 billion) funds management group. While the financial terms were not announced, Platinum said it would buy L1 and would …
Australia’s Platinum in talks to be swallowed up by L1 Capital Read More »
DUBLIN (Reuters) – Growth in Ireland’s manufacturing sector accelerated in April thanks to a robust expansion in new orders amid signs of stock building due to tariff uncertainty, a survey showed on Thursday. The Irish Purchasing Managers’ Index (PMI) rose to 53.0 from 51.6 in March, S&P Global reported, moving further above the 50.0 threshold …
Irish manufacturing growth strongest in April since mid-2022, PMI shows Read More »
By Tom Polansek CHICAGO (Reuters) – Bayer is exiting the seed treatment equipment business in the United States to help the company’s finances, according to an email sent to customers that was seen by Reuters on Wednesday. The German maker of drugs and farming pesticides has struggled recently with weak earnings, rising legal costs and …
Bayer to exit US seed treatment equipment business, email says Read More »
