By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Aviation Administration said on Friday it had found no safety issues after investigating allegations made against Blue Origin’s human spaceflight program. The FAA said in September it would review safety concerns raised by former Blue Origin employees. The FAA said on Friday it was closing its …
U.S. FAA finds no Blue Origin safety issues after review Read More »
WASHINGTON (Reuters) -Finance ministers from the Group of Seven rich nations will meet virtually on Monday to discuss the recent spike in inflation, among other matters, a source familiar with the matter said on Friday. The meeting, reported earlier by Bloomberg News, will be the last under Britain’s G7 presidency before Germany takes over that …
G7 finance ministers to discuss inflation at virtual meeting on Monday Read More »
LONDON (Reuters) – Britain’s Attorney General said on Friday it was commissioning an independent review after a Court of Appeal judgment quashed a criminal conviction because of disclosure failings at the Serious Fraud Office (SFO). “The Attorney General is deeply concerned about the findings in the judgment and will be discussing the implications with the …
UK Attorney General orders independent review after UK fraud office’s conviction quashed Read More »
MILAN (Reuters) – Italy’s second-biggest bank UniCredit is set to cut 950 full-time positions in the country under its new plan to the end of 2024, unions said in a statement on Friday. The cuts, mainly concentrated in central offices, will be carried out by retiring people, including by using an industry fund that allows …
UniCredit to cut 950 jobs in Italy under new plan -unions Read More »
By Paul Sandle and Kate Holton LONDON (Reuters) – The biggest shareholder in Britain’s BT, Franco-Israeli telecoms entrepreneur Patrick Drahi, will be free to make a takeover offer for the company from next week after a standstill agreement preventing such a move expires. With shares in the owner of Britain’s nationwide network still 65% below …
Britain’s BT awaits top investor Drahi’s next move as takeover ban expires Read More »
By Victoria Waldersee and Ilona Wissenbach FRANKFURT (Reuters) – Daimler Truck reached a valuation of 24.6 billion euros ($27.83 billion) by the market close on its first day of trading on Friday, leaving Daimler shareholders better off as a result of the long-awaited listing. The truck and bus maker, the world’s largest by revenue, saw …
Daimler Truck shares climb on Frankfurt market debut Read More »
By Toby Sterling AMSTERDAM (Reuters) – On the day that shareholders of Royal Dutch Shell PLC voted to move the company’s headquarters to London from The Hague, the company sent a letter to the Dutch prime minister to soften the blow. Signed by Shell CEO Ben van Beurden, the letter said Shell’s departure had been …
Can we still be friends? Shell sends Dutch PM parting note Read More »
(Reuters) -Getty Images said on Friday it had entered into a merger deal with a blank-check firm backed by Neuberger Berman and CC Capital that values it at about $4.8 billion including debt, marking its return to public markets after 13 years. The deal with CC Neuberger Principal Holdings II will fetch up to $1.2 …
Getty Images to return to public markets after 13 years via SPAC deal Read More »
By Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 and mid caps indexes slipped for a third straight session on Friday after data pointed to stalling economic growth in Britain, even before the emergence of the Omicron coronavirus variant, but ended their second week in the black. The benchmark FTSE 100 index eased 0.4% pressured by …
London stocks slip after glum GDP data, end with second week of gains Read More »
By Anisha Sircar and Susan Mathew (Reuters) -European stocks fell on Friday on nervousness around the Omicron COVID-19 variant, while U.S. inflation reading coming in broadly in line with expectations did little to allay uncertainty around U.S. monetary policy. The pan-European STOXX 600 slipped 0.3%, down for third straight session on worries that measures to …
European stocks slip on Omicron worries, but post best week since March Read More »
