Reuters UK Business

(Reuters) -Britain’s financial regulator is making enquiries at WH Smith about accounting errors uncovered in the retailer’s U.S. business, the Financial Times reported on Tuesday, citing people familiar with the matter. The Financial Conduct Authority’s inquiry comes after Carl Cowling stepped down as WH Smith CEO last week, following the findings of an independent review …

Britain’s FCA makes enquiries into WH Smith’s overstated profits, FT reports Read More »

By Nicole Jao NEW YORK (Reuters) -BP’s Olympic Pipeline system remained shut on Monday as the company and authorities investigated a fuel leak near Everett, Washington, while airlines activated contingency plans to limit disruptions during the busy Thanksgiving travel week. The leak was first reported on November 11. BP restored one of the two pipelines …

BP’s Olympic Pipeline shutdown hits airlines’ fuel supply Read More »

(Reuters) -Venezuela’s aviation institute told international airlines on Monday that they must resume flights to the country within 48 hours or risk losing their clearance to fly there, the International Air Transport Association (IATA) said. Several international airlines have canceled their flights departing from Venezuela in recent days after the U.S. Federal Aviation Administration warned …

Venezuela orders international airlines to restart flights, IATA says Read More »

(Corrects last paragraph of Nov. 21 story to clarify the deal between Hungary and the United States concerns the existing nuclear plant, known as Paks I, and not the Paks II project to be built by Russia’s Rosatom) (Reuters) -The United States on Friday issued a Russia-related general license allowing certain transactions with the Paks …

US issues license allowing some transactions with Hungarian nuclear power plant project Read More »

By Shariq Khan and Georgina McCartney NEW YORK (Reuters) -Commodities trader BB Energy has laid off over a dozen people from its Houston office, and parted with some oil traders in a major restructuring of its operations, sources familiar with the matter said. A BB Energy spokesperson confirmed it had made changes to sharpen its …

Trader BB Energy parts with some Houston traders in major reorganization Read More »

By Gianluca Lo Nostro and Leo Marchandon (Reuters) -A French union filed a legal challenge on Monday against a decision by the country’s telecoms regulator to grant radio spectrum to Amazon’s satellite internet service, the biggest test yet of the U.S. tech giant’s broadband ambitions. The CFE-CGC Telecoms union said it had asked France’s highest …

Amazon’s satellite internet licence faces legal challenge in France Read More »