(Reuters) – Neptune Energy declared a dividend of $800 million on Thursday, and forecast a rise in production next year, as the British oil and gas company benefits from higher prices of commodities. The company, backed by private equity firms Carlyle and CVC as well as Chinese sovereign wealth fund CIC, expects its production to …
Neptune declares $800 million dividend, expects higher production in 2022 Read More »
LONDON (Reuters) -Moonpig, the British online greetings card company that listed in February, reported a better-than-expected 8.5% drop in first-half revenue after the reopening of high street rivals from COVID lockdowns last year. Revenue for the period to end-October of 142.6 million pounds ($188.3 million) was more than double the level of two years ago, …
Moonpig lifts revenue guidance after limiting post-lockdown sales drop Read More »
LONDON (Reuters) – Harbour Energy on Thursday said that net reserves at the Tolmount UK North Sea gas project could be downgraded to between 20 million and 30 million barrels of oil equivalent (boe), according to preliminary estimates. This would be 25-50% lower than expected when the project received a final investment decision, a presentation …
Harbour says Tolmount gas reserves could be downgraded Read More »
ROME (Reuters) – Generali, Accenture and Vodafone have created a package of cyber security services to help the insurer’s corporate clients to detect, react and recover from cyber threats and incidents. Cyber security has been an increasingly critical issue for companies and financial institutions, including small and medium-sized enterprises, as attacks have increased in terms …
Generali launches corporate cyber insurance services Read More »
By Andy Bruce LONDON (Reuters) -British households ate out less and spent more on goods as the Omicron coronavirus variant spread last week, according to data on Thursday that could mean inflation stays high for longer if it marks a return to behaviour seen earlier in the pandemic. Bank of England policymakers had been counting …
Goods, not services, back in vogue with UK consumers as Omicron spreads Read More »
PARIS (Reuters) – The French government is studying additional measures to limit the impact on consumers of the sharp increase of electricity prices, a government source told Reuters. Confirming a report by newspaper Le Figaro, the source said one of the moves under consideration was to force EDF to sell more nuclear power at a …
French mulls new measures to limit impact of rising electricity prices -source Read More »
(Reuters) – Blank-check firm Disruptive Capital Acquisition Co said on Thursday it had ended talks with River and Mercantile to buy the British fund manager’s pensions business, clearing the decks for Schroders to acquire the unit. UK-based R&M, itself a takeover target, last week rejected DCAC’s informal approach to take over the business, just weeks …
Disruptive Capital ends talks with River and Mercantile over pensions business buyout Read More »
ZURICH (Reuters) – Credit Suisse plans a sixth payout in December to investors in frozen supply chain finance funds linked to Greensill, the Swiss bank said on Thursday, adding it had recovered around $7.1 billion by the end of November. In March, Credit Suisse had to suspend $10 billion in funds linked to Greensill and …
Credit Suisse plans next payout to Greensill fund investors Read More »
By Richard Lough PARIS (Reuters) -A day ahead of a European deadline, France said it was still waiting for Britain to approve nearly 100 licences for its fishermen to operate in UK territorial waters and off Jersey and that last-gasp negotiations were ongoing. Fishing rights plagued Brexit talks for years and continue to poison relations …
France says it will fight for every UK fishing licence as European deadline looms Read More »
SHANGHAI (Reuters) – Foreign investors raised their holdings of Chinese government bonds (CGBs) in November at the fastest pace in 10 months, official depository data showed on Thursday, supported by passive flows as a major index began including the instruments. Total foreign holdings of CGBs stood at 2.39 trillion yuan ($376.58 billion) at the end …
Foreign holdings of China gov’t bonds smash record in November on index inclusion Read More »
