By Andrius Sytas VILNIUS (Reuters) -The head of Lithuania’s state-run railways, Mantas Bartuska, agreed on Tuesday to step down to “de-escalate” public outcry over the transport of potash from sanctions-hit Belarus, but the company said it could not stop facilitating it for now. The issue has shaken public opinion in the Baltic state, one of …
Lithuania Railways CEO to resign over Belarus potash transport Read More »
By Alexander Smith (Reuters) – Red Bull has teamed up with Swiss sailing syndicate Alinghi to challenge for the America’s Cup, marking the second such Formula One deal after INEOS Britannia joined forces with Mercedes. As America’s Cup yachts have evolved into high-speed, “foiling” machines which “fly” above the water on hydrofoils, the adrenaline fuelled …
Sailing-Switzerland’s Alinghi ropes in Red Bull for America’s Cup Read More »
(Reuters) – Credit Suisse Group AG has hired Mike Dunne from Bank of America Corp to be the Swiss bank’s global head of power and renewables investment banking division, according to an internal memo seen by Reuters. Dunne most recently served as managing director of global energy and power at Bank of America Merrill Lynch. …
Credit Suisse hires new global power and renewables head from BofA Read More »
LONDON (Reuters) -An unplanned outage at the IFA2 France-UK electricity interconnector has ended, a market update on the Elexon remit website showed on Tuesday. The outage had cut capacity through the IFA2 France-UK electricity interconnector to zero. The reason for the outage on the 1 gigawatt power link was still under investigation, the update said. …
Outage at France-UK IFA2 electricity interconnector ended Read More »
By Hilary Russ NEW YORK (Reuters) – McDonald’s Corp is planning a major expansion of its plant-based burger with Beyond Meat Inc in the United States in 2022, according to two Wall Street analysts. The companies began testing the “McPlant” patty in eight McDonald’s U.S. locations in November. Those restaurants have been selling enough of …
Analysts say McDonald’s, Beyond Meat plan big U.S. 2022 McPlant expansion Read More »
STOCKHOLM (Reuters) – A surge in headline inflation in Sweden is due to high energy prices and the central bank does not need to change its monetary policy plans at the moment, Riksbank Governor Stefan Ingves said on Tuesday. Headline inflation was 3.6% in November compared to the same month in 2020 – the fastest …
Swedish central bank chief says inflation surge due to energy prices Read More »
PARIS (Reuters) – Veolia on Tuesday said its takeover bid for rival Suez is due to end on Jan. 7, a date set by France’s financial watchdog AMF. The French waste and water management companies won EU antitrust approval on Tuesday for their 13 billion euro ($14.7 billion) tie-up to create a global group able …
Veolia says Suez deal will be closed by Jan 7 -statement Read More »
By Thomas Escritt BERLIN (Reuters) – Germany should order the messaging programme Telegram removed from Apple’s and Google’s app stores if it continues to ignore requests to help track down extremist content, a senior German official said on Tuesday. Telegram has been blamed in Germany for fueling an increasingly virulent subculture of anti-vaccine conspiracy theorists …
Politician says Germany should ban Telegram unless it tackles extremist content Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Solana Ventures, a unit of technology company Solana Labs, on Tuesday announced the launch of a $150 million investment initiative focused on blockchain gaming, in collaboration with Forte and Griffin Gaming Partners, two major players in the sector. Forte builds technology for blockchain-based gaming applications, while Griffin is …
Solana Ventures, Forte, Griffin invest $150 million in blockchain gaming Read More »
PARIS (Reuters) – The French football league said on Tuesday it had received around 10 preliminary, non-binding offers for a minority stake in a new media rights company it is setting up as the country’s soccer clubs seek to shore up their finances. In a statement, it said it aimed to draw up a shortlist …
French soccer league receives some 10 offers for slice of media rights Read More »
