By Florence Loeve and John Irish PARIS (Reuters) -French and Ukrainian drone makers are racing to clinch co-production agreements and orders by year-end, industry, diplomatic and military sources said, even as financing and competition from other European countries pose major challenges. The war in Ukraine and a surge in drone activity at sensitive sites in …
French drone makers eye Ukraine deals amid funding uncertainty Read More »
STOCKHOLM (Reuters) -Finnish fuel chain Teboil, which is owned by Russian oil major Lukoil, filed for corporate restructuring on Friday, news agency STT reported, citing a court filing. The United States last month hit Lukoil with sanctions over Moscow’s war in Ukraine, disrupting the company’s international business. Teboil had on Wednesday said it was preparing …
Lukoil’s Finnish fuel chain Teboil files for corporate restructuring, STT reports Read More »
PARIS (Reuters) -U.S. investment firm American Industrial Partners plans to sell or list on the stock market Aluminium Dunkerque, France’s largest aluminium plant, a union official said on Friday. The local management informed workers’ representatives of AIP’s plan, Johan Vlietinck, a representative of the CGT union at the site, told Reuters. Bloomberg News had reported …
AIP plans sale or listing of French aluminium plant, union says Read More »
By Anna Pruchnicka (Reuters) -European defence shares fell on Friday to their lowest since late August, as reports about a U.S.-backed deal to end the war in Ukraine hit one of the region’s best-performing sectors this year. Washington has presented Kyiv with a 28-point plan that would endorse many of Russia’s main demands. Ukrainian President …
European arms makers retreat as Ukraine peace plan gains traction Read More »
LONDON (Reuters) -U.S. media company Paramount+ will show the majority of Champions League soccer matches in Britain from 2027 to 2031 after it beat the current main broadcaster TNT Sports in an auction, UC3 said on Friday. Amazon’s Prime Video retained the first pick of Tuesday matches in Britain and two other European markets, said …
Paramount wins UK rights for most Champions League matches from 2027 Read More »
By Gianluca Lo Nostro (Reuters) -Finland’s Nokia said on Friday it plans to invest $4 billion in the United States, targeting research, development, and production to drive advancements in artificial intelligence-driven network connectivity. The telecom equipment maker said that $3.5 billion of the investment will be allocated to R&D efforts. It added $500 million will …
Nokia plans $4 billion AI investment in the United States Read More »
PARIS (Reuters) -French-based CMA CGM, the world’s third-largest container shipping line, has resumed limited services to Russia, notably to transport food, three years after withdrawing from the country following its invasion of Ukraine, the company said. Like other Western firms, CMA CGM halted its activities in Russia, stopping its shipping services and also divesting stakes …
Shipping giant CMA CGM resumes Russia trade with food cargo Read More »
(Refiles story to fix typo in paragraph 2) By Corina Pons and Helen Reid (Reuters) -Workers at Zara plan to protest outside stores in seven European countries on Black Friday, a key sales day, to demand a profit-sharing scheme be reinstated, the European Works Council for parent company Inditex said on Friday. Spain’s CCOO union …
Zara workers plan Black Friday protests at stores across Europe Read More »
(Reuters) -Eli Lilly said on Friday it plans to roll out an employer-focused obesity care model early next year, aiming to expand access to its blockbuster weight-loss drug through partnerships with third-party firms. The program would give employers flexible cost-sharing options and integrate clinical support, Lilly said, bypassing traditional drug sales channels. “Obesity care is …
By Ahmad Ghaddar, Shariq Khan and Robert Harvey LONDON/NEW YORK (Reuters) -U.S. sanctions are dismantling what remains of Lukoil’s Litasco, once Russia’s biggest oil trader and a rival to top Swiss houses and oil majors, five sources told Reuters. The measures, which also target state-owned Rosneft, took effect on Friday as Washington seeks to choke …
Lukoil trading arm shrinks fast under Western sanctions Read More »
