By Marwa Rashad, Emily Chow, Chen Aizhu and Anna Hirtenstein LONDON/SINGAPORE (Reuters) -Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August to entice Chinese buyers to purchase sanctioned gas from its Arctic LNG 2 project, sources familiar with the matter told Reuters. The purchases have …
LONDON (Reuters) -The UK government on Tuesday urged the competition watchdog to launch an investigation into private dentistry costs and practices amid concerns that patients may be paying more than they should due to “hidden” charges. Millions across Britain cannot get treatment from the state-run National Health Service, due to a shortage of dentists and …
UK government asks competition watchdog to probe private dentistry Read More »
By Elizabeth Howcroft PARIS (Reuters) -European Union regulators on Tuesday designated 19 technology companies, including Amazon Web Services, Google Cloud and Microsoft, as critical third-party computing providers for the bloc’s finance industry. Under the EU’s Digital Operational Resilience Act (DORA), which started being applied in January 2025, three EU-level financial regulators can together name certain …
Amazon, Google named by EU among ‘critical’ tech providers for finance industry Read More »
By Tassilo Hummel PARIS (Reuters) -Kering’s return to growth will require reducing its reliance on struggling flagship Gucci, further scaling back its store network and chasing more synergies, Chief Executive Luca de Meo said in a memo seen by Reuters. The document, a summary of a more detailed memo dubbed “ReconKering” recently sent to senior staff, …
Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo Read More »
By Allison Lampert (Reuters) -WestJet Airlines remains on track to take its first 737 MAX 10 jet by the end of 2026, following progress by Boeing in bringing the plane to market, as the Canadian carrier also adds new routes to South America and Europe, its CEO said on Tuesday. Calgary-based WestJet, which operates Boeing …
LONDON (Reuters) -Britain’s finance minister, Rachel Reeves, is set to boost spending on benefits in her annual budget, which will be announced next week, the Telegraph reported on Tuesday. The newspaper reported that Reeves plans to raise benefits spending by 6 billion pounds ($7.89 billion), with payments for working-age people set to increase by 3.8% …
UK’s Reeves to increase spending on benefits in next week’s budget, Telegraph reports Read More »
By Anna Hirtenstein, Shariq Khan and Jarrett Renshaw LONDON/NEW YORK (Reuters) -U.S. oil major Exxon Mobil has joined rival Chevron Corp in considering options to buy parts of sanctioned Russian oil major Lukoil’s international assets, sources familiar with the matter said. Exxon is considering options for Lukoil assets in Kazakhstan, where both the U.S. and …
Exxon joins Chevron in pursuing parts of Lukoil global empire, sources say Read More »
By Sam Tobin LONDON (Reuters) -Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of his British tech firm Autonomy, the U.S. technology giant’s lawyers told London’s High Court on Tuesday. Hewlett Packard is seeking to recoup its losses from Lynch, who died last year …
HP seeking $1.8 billion from Mike Lynch’s estate after UK Autonomy lawsuit Read More »
By Rae Wee and Elizabeth Howcroft SINGAPORE/LONDON (Reuters) -Bitcoin was trading slightly higher on Tuesday after hitting a seven-month low below $90,000, finding buyers in a market where some investors have been reluctant to embrace risk. The risk-sensitive cryptocurrency has lost all this year’s gains and is now around 26% below a peak above $126,000 …
Bitcoin rebounds after falling below $90,000, a 7-month low Read More »
By Padraic Halpin and Graham Fahy DUBLIN (Reuters) -Paschal Donohoe resigned as Irish finance minister and Eurogroup president on Tuesday to take up a senior World Bank role, a surprise decision that led his party leader Simon Harris to move to the finance brief from foreign affairs. The World Bank said in a statement that …
Ireland’s Donohoe resigns as finance minister and Eurogroup chief to join World Bank Read More »
