Reuters UK Business

LONDON (Reuters) – Aviva plc said on Thursday it will increase its share buyback programme from 750 million pounds ($994.28 million) to a maximum of 1 billion pounds ($1.33 billion). “We are increasing our share buyback as part of ourcommitment to return at least 4 billion pounds to ordinary shareholders,” group chief executive Amanda Blanc …

Aviva extends share buyback to $1.3 billion Read More »

By Marco Aquino LIMA (Reuters) – Hochschild Mining is on a collision course with Peruvian communities near its key Inmaculada gold and silver mine, after local residents said on Wednesday the national government had told them it is feasible to legally shut down the mine, even as the firm says it plans to continue operations. …

Hochschild on collision course with Peru communities over mine closures after meeting Read More »

By James Davey LONDON (Reuters) – Tesco said on Thursday it has introduced a refrigerated rail freight service to help Britain’s biggest supermarket group deliver for Christmas and cut its carbon emissions. The new service from Tesco, which has a near 28% share of the country’s grocery market, removes road transport from the British leg …

Tesco express – British supermarket turns to rail to deliver Christmas Read More »

By Hari Kishan BENGALURU (Reuters) – The relentless rise in house prices will ease, but not stop, in most major property markets next year, an outlook which experts polled by Reuters said would only aggravate affordability as interest rates also move higher. Nearly three-quarters of respondents surveyed over the past few weeks, 74 of 103 …

Affordability the casualty amid ever-climbing global property prices – Reuters poll Read More »

LONDON (Reuters) – British employers offered annual pay settlements of 2.2% in the three months to the end of November, up slightly from three months earlier but still well below the pace of inflation, industry data showed on Thursday. Human resources data company XpertHR said there were signs of pay pressure with median settlements the …

UK pay settlements rise to 2.2% as wage pressure starts to show – XpertHR Read More »

By Jake Spring and Anthony Deutsch SAO PAULO/AMSTERDAM (Reuters) – Six European supermarket chains, including two owned by Dutch firm Ahold Delhaize and a Carrefour subsidiary, said on Wednesday they would stop selling some or all beef products from Brazil due to links with destruction of the Amazon rainforest. The pledges ranged from supermarket chain …

European supermarkets stop selling Brazil beef over deforestation links Read More »

(Reuters) – Apple Inc is delaying its return to office plans indefinitely, Bloomberg News reported, while the company said it has temporarily closed three stores in the U.S. and Canada after a rise in COVID-19 cases and exposures among the stores’ employees. The company’s employees were previously set to return to offices on February 1, …

Apple delays return to office indefinitely – Bloomberg News Read More »

(Reuters) – British fund manager Schroders is in advanced talks to buy a 75% stake for about 360 million pounds ($475.52 million) in Greencoat Capital, which manages solar, wind and other renewables funds, Sky News reported on Wednesday. A deal could be announced within a matter of days and the transaction could include an option …

UK fund manager Schroders in talks to buy 75% stake in Greencoat Capital – Sky News Read More »

BERLIN (Reuters) – Bayer faces a billion-dollar investor class action lawsuit in Germany over the takeover of U.S. seed manufacturer Monsanto, specialist law firm Tilp Rechtsanwaltsgesellschaft said on Wednesday. Tilp said it was representing more than 250 institutional investors and a large number of private investors who believed Bayer misled them about the economic risks …

Bayer faces class action suit over Monsanto takeover in Germany, law firm says Read More »