(Reuters) -British transport company FirstGroup said on Thursday doubts remain about how quickly it can recover following the new curbs imposed in England to fight off the Omicron variant, with passenger numbers on its buses slipping in recent weeks. Tougher restrictions in England, including orders to work from home and wear masks in public places …
UK’s FirstGroup uncertain on recovery pace amid new restrictions Read More »
(Reuters) -Cardboard maker DS Smith delivered an 80% surge in first-half profit and a higher dividend on Thursday, helped by strong demand from consumer goods makers and the e-commerce market. The London-based company, which provides packaging, paper and recycling services, has navigated pandemic-led disruptions by tapping growing demand for recyclable boxes while also benefiting from …
Consumer goods and e-commerce boost cardboard maker DS Smith Read More »
(Reuters) -Boot brand Dr. Martens posted a higher first-half profit on Thursday, but warned that shipping delays in its U.S. business due to wider supply chain troubles will continue into the next fiscal year. It still reported a 44% increase in half yearly revenues in the Americas, but sales in countries like Japan, China and …
Dr. Martens flags shipping delays in U.S. unit, posts higher profit Read More »
BERLIN (Reuters) -German exports grew at their strongest pace in more than a year in October despite persistent supply bottlenecks in manufacturing, data showed on Thursday. Seasonally adjusted exports increased by 4.1% on the month after falling in August and September, the Federal Statistics Office said. Imports also saw an unexpected leap, growing 5% after …
LONDON (Reuters) -Harbour Energy has introduced a $200 million annual dividend policy, equating to 16 pence per share, it said on Thursday on the company’s first post-merger capital markets day. Struggling to deal with heavy debt after its profits were slashed by a drop in oil prices during COVID-19 lockdowns, Premier struck a deal with …
Harbour Energy sets $200 million annual dividend policy Read More »
LONDON (Reuters) – British employers’ hunt for staff pushed pay for new hires up by the most in at least 24 years, according to a survey published on Thursday as the Bank of England begins discussing whether to cool inflation pressure with an interest rate hike. The Recruitment and Employment Confederation said permanent placements of …
Scramble for staff in UK pushes starting pay up by record – REC Read More »
By Jonathan Cable LONDON (Reuters) – The Bank of England will wait until early next year before raising borrowing costs, later than previously expected, as it awaits further information on the economic impact of the new Omicron coronavirus variant, a Reuters poll found. In a November poll a slim majority of economists expected a rise …
Bank of England now expected to raise rates in Q1, but Dec a close call – Reuters poll Read More »
SYDNEY (Reuters) – Commodity trading firm Trafigura said on Thursday it planned to build a A$750 million ($540 million) hydrogen plant at its Port Pirie lead smelter in South Australia, as it seeks to lower its carbon emissions. Geneva-based Trafigura has been looking to expand in clean energy since 2019 when it set up a …
Trafigura plans $540 million hydrogen plant at its Australian lead smelter Read More »
BERLIN (Reuters) – Only 14% of European workers want to return to the office 9-5, and more than half say they have become more productive as a result of working from home, which has boomed amid COVID-19 lockdowns and restrictions, a survey showed on Thursday. But “hybrid working” – a mix of working at home …
Few Europeans want a return to 9-5 at office after pandemic, survey shows Read More »
By David Milliken LONDON (Reuters) – The number of people in Britain putting their home up for sale fell for an eighth month in a row in November, placing further upward pressure on house prices, the Royal Institution of Chartered Surveyors (RICS) said on Thursday. RICS said its monthly house price balance held at +71 …
Lack of homes for sale in UK keeps up pressure on prices – RICS Read More »
