By Nick Carey (Reuters) – Amazon said on Tuesday it has ordered 200 Mercedes-Benz fully-electric eActros 600 heavy goods vehicles from Daimler to serve the German and UK markets in its largest electric truck order so far. The e-commerce giant said the trucks will start joining its network later this year and will be deployed …
Amazon orders 200 new electric heavy trucks from Daimler for Germany, UK Read More »
By Alexander Tanas CHISINAU (Reuters) – The prime minister of Moldova’s separatist Transdniestria region said on Monday that the abrupt curtailment of Russian gas supplies that plunged the region into an energy crisis has also shattered both its exports and imports. The cutoff, prompted by Ukraine’s refusal to renew an agreement allowing Russian gas to …
Premier of separatist Moldova region says gas cutoff shattered foreign trade Read More »
LONDON (Reuters) – Around one in six British companies cut hiring late last year, the highest share since early 2021, according to a survey that showed firms felt pressure to raise prices due to tax increases that will come into force in April. The British Chambers of Commerce said 16% of companies cut jobs in …
UK firms cut headcount in response to tax hike, survey shows Read More »
MADRID (Reuters) – U.S.-based investment fund Mason Capital said on Monday it had sent a letter to Spain’s stock market regulator CNMV demanding more transparency from the embattled pharmaceutical company Grifols. The activist fund said in a statement it had identified potential conflicts of interest linked to related party transactions by current board members, failure …
Mason Capital complains about Grifols’ transparency to Spanish regulator Read More »
By Marie Mannes STOCKHOLM (Reuters) -Norsk Hydro became the sole owner of battery recycler Hydrovolt on Monday after the Norwegian aluminium maker agreed to buy the remaining shares from ailing Swedish battery maker Northvolt for 78 million Norwegian crowns ($6.79 million). Northvolt, once hailed as Europe’s best shot at a home-grown electric-vehicle battery champion, has …
Struggling Northvolt sells remaining stake in battery recycler to Hydro Read More »
By Kate Abnett BRUSSELS (Reuters) – Ten European Union countries have called for the 27-nation bloc to ban imports of pipeline gas and liquefied natural gas (LNG) from Russia, a document seen by Reuters showed, as Europe debates fresh sanctions on Moscow over the war in Ukraine. The EU is preparing its 16th package of …
Ten EU countries call for sanctions on Russian gas, LNG, document shows Read More »
By Andrew MacAskill and Paul Sandle LONDON (Reuters) -British Prime Minister Keir Starmer said he wanted to make the UK an artificial intelligence “superpower”, promising to take a pro-innovation approach to regulation, make public data available to researchers and create zones for data centres. Starmer, whose Labour government is expected to have little choice but to …
Prime Minister Starmer plans to make Britain AI ‘superpower’ Read More »
By Aby Jose Koilparambil and Yadarisa Shabong (Reuters) – FTSE 100 homebuilders are expected to offer insights into the pace of recovery in new home sales when they report annual performance updates this week, with analysts remaining confident about 2025 even as affordability concerns resurface. High mortgage rates and a prolonged cost-of-living crisis had soured …
UK homebuilders’ demand recovery in focus as affordability concerns return Read More »
MILAN (Reuters) – An Italian court is expected to decide this week on a request by Telecom Italia’s (TIM) top investor Vivendi to annul the former phone monopoly’s decision to sell its landline grid to a consortium led by KKR, a source close to the matter said. Vivendi, which holds 24% of TIM, filed a …
Italian court to decide soon over Vivendi appeal against TIM’s grid sale Read More »
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court declined on Monday to hear a bid by Sunoco and other oil companies to scuttle a lawsuit by Honolulu accusing them of misleading the public for decades about the dangers of climate change induced by the burning of fossil fuels. The justices turned away an …
US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit Read More »
