Reuters UK Business

Global airline carriers scrap more than 2,000 flights – FlightAware

(Reuters) -Global airline carriers have canceled more than 2,000 flights so far on Friday, the FlightAware website said, in an indication of how COVID-19 is affecting holiday travel. The website showed that as of 8:20 a.m. Eastern Time (1320 GMT), 2,028 flights around the world had been scrapped. FlightAware said there had been 448 cancellations …

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Former French PM Fillon joins board of Russia’s Sibur

MOSCOW (Reuters) – Former French Prime Minister Francois Fillon has joined the board of Russia’s largest petrochemical producer Sibur, the company said. Large Russian corporations frequently employ former high-ranking European politicians to utilise their ties and influence. Ex-German chancellor Gerhard Schroeder is the chairman of the shareholders’ committee at Nord Stream’s operating company, while Russian …

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UK regulator shows more assertive posture in blocking Facebook purchase of Giphy

By Paul Sandle LONDON (Reuters) -Britain’s move to block Facebook-owner Meta Platform Inc’s acquisition of Giphy signalled a new determination to scrutinise digital deals. Meta on Thursday appealed the ruling by the Competition and Markets Authority, which said the 2020 deal must be unwound and Giphy sold as a going concern. The November decision was …

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Reckitt to sell E45 skincare brand to Karo Pharma for $268 million

(Reuters) -Reckitt Benckiser said on Friday it plans to sell its E45 skincare brand and related sub-brands to Karo Pharma for 200 million pounds ($267.98 million), as the British consumer goods maker shifts focus to higher growth areas. The Durex condom and Lysol disinfectant maker said the businesses generated a combined net revenue of 43 …

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Gazprom has not booked gas transit capacity via Yamal pipeline for Dec. 24

MOSCOW (Reuters) – Russian gas giant Gazprom has not booked gas transit capacity for exports via the Yamal-Europe pipeline for Dec. 24, auction results showed on Friday. The Russian flows to Germany via the Yamal-Europe pipeline stayed in reverse mode on Thursday for a third successive day, data from German network operator Gascade showed, keeping …

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