By William James LONDON (Reuters) -Ticketmaster may have misled music fans into paying more for tickets than they had planned last year to see British band Oasis, the UK’s competition watchdog said on Tuesday, urging the company to change how it labels tickets and informs customers. Thousands of fans waited for hours online to get …
Ticketmaster may have misled UK Oasis fans, watchdog says Read More »
By Nelson Bocanegra BOGOTA (Reuters) – Cerrejon, a subsidiary of Anglo-Swiss commodities giant Glencore, said on Tuesday it will begin reducing production at its Colombia coal mine by between 5 million and 10 million tons annually, taking output to between 11 million and 16 million tons. “The principal reason for this reduction is due to …
(Reuters) -British sportswear and fashion group Frasers raised its stake in online electrical retailer AO World to 25%, a regulatory filing showed on Tuesday. Frasers Group, which is majority owned by billionaire Mike Ashley, previously held a 24% stake in the company. Frasers has been ramping up its investments in global retailers. It picked up …
Britain’s Frasers Group boosts stake in electrical retailer AO World Read More »
COPENHAGEN (Reuters) – Finnish carrier Finnair said on Tuesday it will cancel several flights on Thursday due to industrial action by a labour union, and added that delays were also possible. (Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)
(Reuters) – Russia’s daily oil exports from its western ports are set to rise by some 100,000 barrels per day to 1.97 million bpd in April from March as the impact of seasonal domestic refinery maintenance outweighs output cuts under an OPEC+ agreement, Reuters calculations based on data from three sources showed. According to the …
Russia’s oil exports from its western ports set to rise 5% in April, sources say Read More »
(Reuters) -Spain’s antitrust watchdog said on Tuesday it had opened an investigation into Italian insurer Generali and local health insurance provider Sanitas over potential anti-competitive practices. The CNMC watchdog said the probe focused on an agreement signed in October 2022 under which Generali customers gained access to Sanitas’ healthcare network. The deal may have involved …
Spain opens antitrust probe into Generali, Sanitas agreement Read More »
ZURICH (Reuters) – Institutional Shareholder Services has urged Julius Baer shareholders to reject the remuneration package of the Swiss private bank’s board of directors over a proposed doubling of the chair’s pay to 2 million Swiss francs ($2.26 million). The bank has not provided a convincing justification for raising the board’s pay by 19.2% to …
Proxy advisory firm ISS opposes Julius Baer board pay package Read More »
By Maggie Fick LONDON (Reuters) -GSK said on Tuesday that it is studying a group of more than a million older adults in the UK to examine whether its best-selling shingles vaccine lowers the risk of dementia. The British drugmaker is using the health data of some 1.4 million people, aged 65 to 66, some …
GSK studying if best-selling shingles vaccine lowers dementia risk Read More »
By Shadia Nasralla and Arunima Kumar LONDON (Reuters) -Shell on Tuesday pledged to return more cash to shareholders on the back of higher LNG sales, mainly via buybacks, trimmed its investments through 2028 and raised the prospect of selling or closing some chemicals assets. The oil and gas major raised its shareholder distribution target to …
Shell raises shareholder distributions and LNG sales target, trims spending Read More »
(Reuters) – Cognizant Technology said on Tuesday its board has approved a $2 billion increase to the IT consulting company’s current share repurchase plan, as it sharpens focus on bolstering shareholder returns. With this, the total amount authorized under the program is $3.1 billion. The company said it expects to buy back shares worth $1.1 …
Cognizant boosts share buyback plan by $2 billion Read More »
