LONDON (Reuters) – Britain set out plans late on Sunday to scale back lengthy public reviews that can delay housing developments, as part of its goal to get 1.5 million homes built in the next five years. The housing ministry said it would hold a consultation over reducing the number of public agencies and civic …
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(Reuters) – Bitcoin, the world’s largest cryptocurrency by market value, was down by around 5.47% at $81,555 at 2216 GMT on Sunday. Ether, the second largest cryptocurrency, was down 5.4% at $2,024.68 at 2222 GMT on Sunday. (Reporting by Kritika Singh in Bengaluru; editing by Diane Craft)
By Sergio Goncalves and Pedro Nunes LISBON (Reuters) – Dozens of demonstrators gathered at the Tesla showroom in Lisbon on Sunday to protest against CEO Elon Musk’s support for far-right parties in Europe as Portugal heads toward a likely snap election. Musk has used his X platform to promote right-wing parties and figures in Germany, …
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FRANKFURT (Reuters) – Nearly 300 flights were cancelled at Hamburg airport on Sunday as ground handlers walked out ahead of wider strikes planned across Germany on Monday. German trade union Verdi had not given notice of the move, and airport workers walked out after 10 flights had gone through in the morning, Hamburg Airport said …
Flights cancelled at Hamburg airport as strike starts a day early Read More »
By Portia Crowe (Reuters) – Barrick Gold remains “fully engaged and committed to reaching a mutually beneficial resolution” with Mali to end a dispute over its assets there, its chief operating officer for Africa and the Middle East said in a memo seen by Reuters on Saturday. The Canadian miner and Malian government have been …
Barrick says ‘committed to reaching a mutually beneficial resolution’ in Mali Read More »
KYIV (Reuters) – Ukraine still maintains steel production growth in the first two months of 2025 despite the loss of the sector’s key coking coal mine in Pokrovsk in the eastern part of the country, data from the Ukrainian steel producers’ union showed on Saturday. Ukrainian steelmaker Metinvest has suspended operations at Ukraine’s only coking …
Ukraine increases steel production despite loss of coking coal mine Read More »
By Ludwig Burger FRANKFURT (Reuters) -Bayer will seek shareholder approval to raise equity capital worth close to 35% of its outstanding shares over the next three years to cover possible costs of U.S. litigation, it said on Friday, knocking its shares lower. The potential capital increase, worth up to 8.4 billion euros ($9.1 billion) based …
Bayer seeks investor approval for 35% cash call to gird for litigation Read More »
ATHENS (Reuters) – DBRS Morningstar upgraded Greece’s credit rating to ‘BBB’ from ‘BBB low’ citing a healthier banking sector and the continued reduction in the country’s general government debt ratio. DBRS was one of the first rating agencies that upgraded Greece to investment grade in 2023. It also changed the outlook to stable from positive. …
By Ludwig Burger FRANKFURT (Reuters) -Bayer told several brokerages about plans to seek shareholder permission to issue shares one day before formally announcing the news on Friday, which weighed heavily on the stock, analysts’ notes seen by Reuters showed. The healthcare and agriculture group said in a statement on Friday it would seek shareholder approval …
Bayer told analysts of cash call plan a day before official statement Read More »
FRANKFURT (Reuters) – Porsche SE, Volkswagen’s largest shareholder, expects a 2024 loss after tax of around 20 billion euros ($21.7 billion), it said on Friday, citing previously disclosed impairments on its holding in Europe’s top carmaker. The impairments, first announced in December, reflect a substantial loss in both Volkswagen’s and Porsche AG’s market value. Porsche …
Porsche SE expects $21.7 billion loss after tax on Volkswagen stake impairment Read More »
