Reuters UK Business

By Liz Hampton (Reuters) -Schlumberger, the world’s largest oilfield services company, is adjusting operations planning as COVID-19 infections have soared among its U.S. workforce, the company said on Friday. Schlumberger has had around 14 employees per day test positive for the virus this month, compared to roughly two per day in November, according to an …

Exclusive-Schlumberger adjusts operations planning as U.S. COVID-19 cases soar Read More »

(Reuters) – Amazon.com Inc on Friday told workers they only have to isolate for a week after testing positive for COVID-19, instead of 10 days, following updated U.S. health guidance. The Omicron variant of the coronavirus has prompted a spike in cases in the United States and worker shortages at schools, airlines and businesses. On …

Amazon shortens COVID isolation, paid leave for U.S. workers Read More »

By Kate Holton LONDON (Reuters) -M&C Saatchi said on Friday it did not see much merit in a possible all-share takeover instigated by its biggest investor, after software entrepreneur Vin Murria outlined plans for a tie-up with an associated acquisition vehicle. Shares in the British advertising group fell early on Friday, when Murria’s vehicle AdvancedAdvT …

Ad group M&C Saatchi rejects takeover offer from top shareholder Read More »

PARIS (Reuters) – France’s financial watchdog AMF said that Veolia now controls 86% of rival Suez, officially putting an end to a dramatic billion-dollar takeover saga which will shape the future of Europe’s waste and water management sector. The French companies in December had won EU antitrust approval for their 13 billion euro ($14.7 billion) …

France’s AMF watchdog says Veolia now controls 86% of former rival Suez Read More »

(Reuters) -The FTSE 100 rose on Friday to end the first week of the year higher on support from heavyweight banking and mining stocks, while investors sought to interpret mixed U.S. jobs data and its impact on Federal Reserve policy. The commodity-heavy FTSE 100 ended 0.5% higher, rising for a third consecutive week with banks …

FTSE 100 ends third week higher on gains in banks, mining stocks Read More »

By Anisha Sircar and Ambar Warrick (Reuters) -European shares slipped on Friday on concerns over rising inflation and surging coronavirus infections, while investors were uncertain over how weak U.S. payrolls data would influence the Federal Reserve’s plans for tightening policy. The pan-European STOXX 600 closed 0.4% lower, and lost 0.3% this week. The European travel …

Rising COVID cases, inflation drag European shares further off record highs Read More »