By Amna Karimi and Yadarisa Shabong (Reuters) -SThree Plc on Monday announced the departure of CEO Mark Dorman after close to three years with the British recruiting firm, while predicting record annual profit as the reopening of economies has spurred a hiring boom. Dorman, who will resign by Dec. 31 due to personal reasons, will …
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(Reuters) – Major British airlines on Monday called on the government to remove testing rules for vaccinated passengers and provide economic support for the battered sector, as new travel rules were imposed to fight off the Omicron coronavirus variant. Britain currently requires all inbound travellers to take a pre-departure COVID-19 test and another test on …
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LONDON (Reuters) – The Bank of England said on Monday that it was postponing a regular reverse auction for British government bonds scheduled for 1415-1445 GMT “due to a technical incident affecting the Bank’s systems”. The BoE said it would announce a new date for the buy back of bonds as soon as possible. (Reporting …
(Reuters) -British pub group JD Wetherspoon Plc warned on Monday fresh government restrictions to contain the spread of the Omicron coronavirus variant could lead to a half-yearly loss. Britain imposed tougher COVID-19 restrictions last week, ordering people to work from home and wear masks in public places, dealing a further blow to a hospitality industry …
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ZURICH (Reuters) – Credit Suisse is planning a sixth payout in mid-December of around $400 million to investors in frozen supply chain finance funds linked to Greensill, bringing the total amount returned to around $6.7 billion, the Swiss bank said on Monday. Credit Suisse had to suspend $10 billion in funds linked to the British …
Credit Suisse plans next payout to Greensill investors Read More »
By John Revill and Byron Kaye ZURICH/SYDNEY (Reuters) -Vifor Pharma’s shares surged more than 15% in early trading on Monday after the Swiss drugmaker and Australia’s CSL both confirmed they were talking about a potential merger. Excitement about a deal, which Australian media said could be worth $12 billion, pushed Vifor’s share price to 136.75 …
Vifor Pharma shares jump 15% as takeover talks with CSL confirmed Read More »
By Ron Bousso and Sabrina Valle LONDON (Reuters) – Climate activist group Follow This targeted Exxon Mobil Corp with a shareholder resolution urging it to deepen its carbon emissions reduction targets, ramping up pressure on the oil and gas company over its energy transition strategy. The shareholder resolution ahead of the 2022 annual general meeting …
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(Reuters) – Britain on Monday opened applications for its biggest renewable energy auction round to date, offering 285 million pounds($376.97 million) in funding to help deliver on its climate targets, the government said. “By generating more renewable energy in the UK, we can ensure greater energy independence by moving away from volatile global fossil fuel …
Britain launches £285 million a year renewables auction round Read More »
By Nora Buli (Reuters) -UK energy regulator Ofgem on Monday said it is inviting bids to build more cross-border electricity transmission connections including pilot projects connecting offshore wind farms in the North Sea. Britain is seeking to increase the amount of low-carbon electricity it can import to replace lost capacity as older coal and nuclear …
UK regulator invites bids for new cross-border power cables Read More »
(Reuters) -Britain’s antitrust regulator said on Monday it will look into Microsoft Corp’s $16 billion purchase of artificial intelligence and speech technology firm Nuance Communications Inc. The Competition and Markets Authority (CMA), which has been stepping up its regulation of Big Tech, said it was considering if the deal would result in lesser competition in …
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