Reuters UK Business Archives - Page 1543 of 1611

French new passenger car registrations fall 15% year on year in Dec

1 Jan 2022 1 Jan 2022

PARIS (Reuters) – New car registrations in France fell 15.14% in December compared with the same month a year earlier, partly due to a global semiconductor shortage and as a new wave of coronavirus infections creates uncertainty. In total, 158,121 passenger vehicles were registered last month, France’s CCFA association of carmakers said on Saturday. For …

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Germany shuts three of its last six nuclear plants

1 Jan 2022 1 Jan 2022

BERLIN (Reuters) – Germany has pulled the plug on three of its last six nuclear power stations as it moves towards completing its withdrawal from nuclear power as it turns its focus to renewables. The government decided to speed up the phasing out of nuclear power following Japan’s Fukushima reactor meltdown in 2011 when an …

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Germany wants G7 finance ministers to focus on recovery, climate protection

1 Jan 2022 1 Jan 2022

BERLIN (Reuters) – Germany wants to use its presidency of the Group of Seven (G7) to support the economic recovery from the COVID-19 pandemic and strengthen efforts to improve climate protection, Finance Minister Christian Lindner said on Saturday. “Germany has taken over the G7 presidency for 2022 – the G7 countries stand for freedom, democracy …

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Eastbound gas flows rise along Yamal pipeline but westbound requests emerge

1 Jan 2022 1 Jan 2022

MOSCOW (Reuters) – Flows along the Yamal-Europe pipeline that carries Russian gas west into Europe remained reversed for a 12th day and increased on Saturday, but requests for westbound deliveries suggested the unusual reversal might end soon. The pipeline annually delivers about one-sixth of the gas Russia sends to Europe and Turkey. Gas was flowing …

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UK’s Terra Firma plans to sell Annington Homes at $12 billion valuation- Sky News

1 Jan 2022 1 Jan 2022

(Reuters) -Private equity firm Terra Firma is in talks to sell residential property company Annington Homes, with any deal expected to value the British defence ministry’s landlord at over 9 billion pounds ($12.18 billion) including debt, Sky News reported on Saturday. Annington is one of the largest private owners of residential property in the United …

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Delivery Hero acquires majority stake in Spanish food delivery app Glovo

31 Dec 2021 31 Dec 2021

(Reuters) – German food delivery group Delivery Hero said on Friday it had signed an agreement to acquire about a 39.4% stake in Spanish delivery app Glovo. The company currently holds about 43.8% in Glovo shares on a non-diluted basis. The transaction will value Glovo at 2.3 billion euros on a fully diluted and debt …

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Global stocks close near record highs ahead of New Year, dollar and oil dip

31 Dec 2021 31 Dec 2021

By Katanga Johnson and Tommy Wilkes WASHINGTON/LONDON (Reuters) – Equities around the globe traded little changed on Thursday as oil prices fell and the U.S. dollar dipped against most major currencies although it has had its best year since 2015 with a 6.7% rise. With several markets in Asia and Europe closed on Friday, trading …

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UK companies face New Year Brexit import controls

31 Dec 2021 31 Dec 2021

By Kate Holton LONDON (Reuters) – British firms face the introduction of much-delayed post-Brexit border control checks from Jan. 1 which will affect businesses importing $314 billion of goods a year from the European Union. Britain left the EU’s single market at the beginning of 2021 and while Europe imposed checks on goods straight away, …

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European stocks end the year 22% higher

31 Dec 2021 31 Dec 2021

By Anisha Sircar (Reuters) – European shares inched lower on Friday even as they ended the year on a higher note, amid surging COVID-19 infections around the world and on worries over the pace of global economic recovery from the pandemic. Volumes were thin, with many traders away and most major European bourses closed, with …

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Activists hail legacy of South Africa’s Tutu as they pay last respects

31 Dec 2021 31 Dec 2021

By Sisipho Skweyiya CAPE TOWN (Reuters) – Young activists hailed Archbishop Desmond Tutu as a role model for fighting global injustice as they waited in line on Friday to pay their last respects to the anti-apartheid hero whose body lay in state at St George’s Cathedral in Cape Town. Tutu, a Nobel Peace Prize winner …

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