By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s concerns and those of its rivals, three people with direct knowledge of the matter …
Exclusive-Google to be hit with EU charges of breaching Big Tech rules, sources say Read More »
MADRID (Reuters) – Spanish energy firm Naturgy expects a 19% decline in the volume of natural gas it gets from long-term contracts as it plans to replace them in part with biomethane, Executive Chairman and CEO Francisco Reynes said on Thursday. The company expects volumes bought through long-term contracts to fall to 170 terawatt-hours (TWh) …
Naturgy foresees less gas from long-term contracts by 2027 Read More »
WASHINGTON (Reuters) – White House national security adviser Mike Waltz said on Friday he expects Ukraine President Volodymyr Zelenskiy to sign a minerals agreement with the United States as part of efforts to end the Ukraine war. “Here’s the bottom line, President Zelenskiy is going to sign that deal, and you will see that in …
Trump adviser says he expects Zelenskiy to sign minerals agreement Read More »
By Nell Mackenzie LONDON (Reuters) – Wall Street stocks could be facing a correction because of ructions in the options market, Goldman Sachs specialist Scott Rubner said in a Thursday note seen by Reuters on Friday. Roughly $2.7 trillion of U.S. stock market derivatives are due to expire on Friday, which if not exercised, will …
Stock markets may face correction, says Goldman Sachs Read More »
By Dmitry Antonov and Gleb Bryanski MOSCOW (Reuters) – President Vladimir Putin said on Friday that Russia should speed up plans to mine its deposits of lithium, a metal crucial for the production of high-capacity electric batteries, and other critical minerals, including rare earths. Russia has large lithium reserves, estimated at about 1 million tons …
Putin says Russia should speed up lithium mining plans Read More »
(This Feb. 18 story has been corrected to fix the date of new tariffs on Canada and Mexico to March 4, not March 1, in paragraph 9) By Nora Eckert DETROIT (Reuters) – Some middle managers at Ford Motor will not get stock bonuses this year in what is seen internally as CEO Jim Farley’s …
Ford slashes manager stock bonuses to cut costs, boost performance Read More »
By Emma-Victoria Farr FRANKFURT (Reuters) -Military defence system supplier KNDS is considering an initial public offering (IPO) as early as the end of the year, two people familiar with the matter told Reuters, as Europe’s bid to increase defence triggers a rally in the sector. The Franco-German company has held early stage talks with advisers …
European military supplier KNDS considers IPO as defence sector booms, sources say Read More »
(This Feb. 19 story has been refiled to remove an incorrect photo) OTTAWA (Reuters) – An international consortium including Air Canada, AtkinsRealis Group and France’s SNCF has won a C$3.9 billion six-year contract to help develop a high-speed passenger rail network in eastern Canada, Ottawa said on Wednesday. The contract covers the first stage of …
International consortium wins C$3.9 billion Canada high speed train contract Read More »
LONDON (Reuters) – Stellantis’ 771 million euro ($807.62 million) lawsuit against two safety equipment makers was dismissed by a London tribunal on Friday. The automaker, which was formed by the 2021 merger of Fiat Chrysler Automobiles and PSA Group, sued Autoliv and ZF/TRW for allegedly charging higher prices for seatbelts, airbags and steering wheels. Sweden’s …
Stellantis’ $807 million UK lawsuit over airbag, seatbelt cartels dismissed Read More »
LISBON (Reuters) – Savannah Resources said on Friday it would immediately resume prospecting works at its lithium project in northern Portugal after the government helped it overturn a precautionary injunction filed by landowners. London-based Savannah sees the Barroso project’s deposit of spodumene, a lithium-bearing mineral, as the most significant in Europe, with the latest prospecting …
Savannah resumes lithium prospecting as Portugal overturns injunction Read More »
