(Reuters) -Irn-Bru maker A.G. Barr said on Tuesday that it intends to discontinue its bottled water brand Strathmore later this fiscal year ending January 2026, as the beverages group looks to simplify its structure and boost profits. The discontinuation of Strathmore could lead to the closure of a manufacturing facility in Forfar, Scotland, the company …
UK’s A.G. Barr to scrap Strathmore bottled water brand Read More »
PARIS (Reuters) -French carmaker Renault said Josep Maria Recasens would become the new CEO of Renault’s electrical vehicles unit Ampere on April 1, replacing group CEO Luca de Meo in that role. The appointment of Josep Maria Recasens, who is currently a chief operations officer at Renault, comes as Renault and other carmakers aim to …
Renault names Josep Maria Recasens as new CEO of its electric vehicles unit Ampere Read More »
LONDON (Reuters) – The pay package for Shell Chief Executive Wael Sawan was 8.6 million pounds ($11.10 million) for 2024 compared with 7.9 million pounds in the previous year, Shell’s annual report showed on Tuesday. In January, Shell reported a 16% drop in profit for 2024 to $23.7 billion amid weakness in oil and gas …
Shell CEO’s pay package rises almost 9% to around $11 million Read More »
(Reuters) -Fevertree Drinks reported annual profit a touch above market expectations on Tuesday, as the tonic maker capitalised on growing demand for non-alcoholic drinks, but said it expects a “transition year” in 2025 for its U.S. business. UK-based Fevertree, known for its cocktail mixers, tonic water, ginger beers and flavoured sodas, reported an adjusted core …
(Reuters) -Abu Dhabi’s TAQA has approached Naturgy Energy Group’s largest shareholder, CriteriaCaixa, to revive an offer for a stake in the Spanish utility, Bloomberg News reported on Monday, citing people familiar with the matter. UAE Minister of Investment Mohamed Hassan Alsuwaidi, also the chairman of TAQA, travelled to Spain to meet with a CriteriaCaixa executive …
UAE’s TAQA revives Naturgy stake talks with Criteria, Bloomberg News reports Read More »
By Francesco Canepa and Christoph Steitz FRANKFURT (Reuters) – U.S. President Donald Trump’s erratic policymaking has given Europe an unexpected spur to action, but any sense of “Europhoria” about the region’s chances of turning this moment into a longer-lasting revival is likely premature. Trump’s threats on tariffs and questioning of America’s future security role in …
(Reuters) – British finance minister Rachel Reeves will publish a forecast from the Office for Budget Responsibility on Wednesday, which is expected to roughly halve Britain’s expected growth in 2025 from 2% to about 1%, the Financial Times reported on Tuesday. Reeves’ will also reveal in her spring statement that her 9.9 billion pound ($12.79 …
Reeves to say Britain’s growth will halve in 2025, FT reports Read More »
A look at the day ahead in European and global markets from Ankur Banerjee The prospect of narrower-than-feared U.S. tariffs rekindled some investor optimism in recent days but the relief rally in stocks is already showing signs of petering out, worn down by the unrelenting uncertainty over what comes next. Asian stocks took their cues …
By Andrea Shalal, David Lawder and Timothy Gardner WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday automobile tariffs are coming soon even as he indicated that not all of his threatened levies would be imposed on April 2 and some countries may get breaks, a move Wall Street took as a sign of …
(Reuters) – Both main airports serving Belgium’s capital, Brussels Airport and Charleroi Airport, have cancelled all flights departing on March 31 due to a one-day nationwide strike, they said on Monday. The strike is the second planned over the new government’s labour market reforms. Brussels Airport said arrivals would also be affected as ground crews …
Belgian airports cancel all departing flights on March 31 due to strike Read More »
