By Marcy de Luna and Nina Chestney HOUSTON/LONDON (Reuters) – Sky-high European demand drove U.S. liquefied natural gas (LNG) exports to a record in December, Refinitiv data showed, with winter supply worries set to sustain orders for the fuel. About half of the record U.S. LNG volumes shipped last month went to Europe, up from …
Gas gap in Europe drives U.S. LNG exports to record high Read More »
OSLO (Reuters) -Norwegian cruise and travel operator Hurtigruten Group will cut short a voyage in the Antarctica region following an outbreak of the coronavirus, the company said on Thursday. Ten people on board the MS Roald Amundsen cruise vessel had tested positive for COVID-19, and the ship will return to port in Chile two days …
Cruise liner Hurtigruten cuts short Antarctic voyage after COVID outbreak Read More »
PARIS (Reuters) -Franco-Dutch airline group Air France-KLM will need to raise additional capital of between 1 billion and 2 billion euros in 2022 to weather the downturn in air travel caused by the COVID-19 pandemic, Les Echos reported on Thursday. The paper reported that this would likely not be the last capital issue as the …
Air France-KLM will need to raise 1 billion – 2 billion euros in 2022 -Les Echos Read More »
AMSTERDAM (Reuters) – The Dutch government expects to increase the amount of gas it allows to be produced from the Groningen gas field to up to 7.6 billion cubic meters (BCM), from an earlier estimate of 3.9 BCM. The Netherlands had been winding down production at Groningen, once Europe’s largest gas field, for years due …
Netherlands nearly doubles estimated Groningen gas output to secure supply Read More »
By Francesca Landini and Stefano Bernabei MILAN (Reuters) -The owner of Carige said it could decide on Monday which bid for the ailing Italian lender to pursue, following reports of an offer by Credit Agricole that pits the French bank against Italy’s BPER. Italy’s FITD depositor protection fund, which owns 80% of Carige following a …
Italy’s Carige to pick suitor as Credit Agricole seen vying with BPER Read More »
FRANKFURT (Reuters) – Deutsche Bank is confident that it will reach a key profitability target this year, the German lender’s finance chief told Handelsblatt in an interview. Chief Financial Officer James von Moltke said he was “very confident” that the bank would meet its self-imposed goals. The target of an 8% return on tangible equity …
Deutsche Bank confident of hitting key profit target -CFO tells Handelsblatt Read More »
By Bansari Mayur Kamdar (Reuters) -UK shares dropped on Thursday, tracking a fall in global equity markets after minutes of the U.S. Federal Reserve’s December meeting showed the central bank’s hawkish stance toward interest rate hikes as it looks to tame high inflation. The FTSE 100 ended 0.9% lower, with industrial and healthcare stocks being …
UK stocks fall as hawkish Fed triggers global sell-off Read More »
By Mathieu Rosemain and Gwénaëlle Barzic PARIS (Reuters) – Vincent Bollore’s recent judicial and health woes laid the ground for the handover of his business empire to his four children, the French tycoon has written in a first-hand contribution to a business book. Excerpts from ‘Dictionnaire amoureux de l’entreprise et des entrepreneurs’ – The Dictionary …
Tycoon Bollore says judicial, health woes laid ground for handover of empire Read More »
By Anisha Sircar and Ambar Warrick (Reuters) -European stocks tumbled from record highs on Thursday as hawkish signals from the minutes of the U.S. Federal Reserve’s December meeting battered technology shares with the prospect of rising interest rates. The pan-European STOXX 600 index closed 1.3% lower, erasing all gains made in a rally that pushed …
European stocks plummet from record highs on hawkish Fed Read More »
By Nick Carey LONDON (Reuters) – Luxury British carmaker Bentley cruised to a record year in 2021 as global sales jumped 31% amid strong demand for high-end vehicles, the Volkswagen AG unit said on Thursday. Bentley said its sales rose to 14,659 units from 11,206 in 2020, which was also a record year despite shutdowns …
Bentley cruised to record year in 2021 with luxury cars in high demand Read More »
