COPENHAGEN (Reuters) – Denmark’s Orsted said on Wednesday it would divest a 50% equity stake in three U.S. onshore projects to Energy Capital Partners for $572 million. The farm-downs include two solar farms in Texas, knpwn as Mockingbird Solar and Sparta Solar, as well as Eleven Mile Solar Center, a battery storage project in Arizona, …
Orsted divests 50% stake in three US onshore projects for $572 million Read More »
By Richa Naidu LONDON (Reuters) – Nestle is launching protein shots in the United States which it says help suppress appetite for people looking to shed pounds, the latest effort by the world’s biggest packaged food maker to tap the booming market for weight-loss products. The manufacturer of Kit Kat chocolate bars and Nesquik shakes …
Nestle launches protein shots for US weight-loss drug users Read More »
By Yoruk Bahceli LONDON (Reuters) – With a war raging at the European Union’s eastern border, Russia posing a threat, and U.S. President-elect Donald Trump pressuring allies to do more, the bloc urgently needs a viable plan to secure hundreds of billions of euros to bolster its defences. But while there is broad agreement Europe …
Analysis-Europe’s conundrum: how to fund defence spending Read More »
A look at the day ahead in European and global markets from Vidya Ranganathan As a host of major central banks hold policy meetings over the next 24 hours, the U.S. Federal Reserve hogs the spotlight but it could be the Bank of Japan that surprises markets. The Bank of England (BoE), Bank of Japan …
Morning Bid: Fed looms and Europe gets inflation data Read More »
By Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Fiat-maker Stellantis on Tuesday presented an upbeat plan to revitalise its output in Italy, aimed at drawing a line under months of fraught relations with the government, but with production only set to grow from 2026. The plan comes despite a grim outlook for the European automotive …
Fiat owner Stellantis launches upbeat plan to boost manufacturing in Italy Read More »
By Abigail Summerville NEW YORK (Reuters) – Private equity firm Bain Capital is in talks to acquire Sizzling Platter, which operates restaurant franchises such as Little Caesars and Jersey Mike’s, for more than $1 billion, including debt, people familiar with the matter said on Tuesday. The Salt Lake City, Utah-based company, which also operates franchises …
Bain Capital in talks to buy Little Caesars operator Sizzling Platter, sources say Read More »
LONDON (Reuters) – Train managers at British rail services between London and Edinburgh, known as Avanti West Coast, are planning to strike on New Year’s Eve over a rest day working dispute, Sky News reported on Tuesday. Sky News, citing the RMT union, said train managers would also walk out on Jan. 2 as well …
UK labour strikes on intercity lines planned for New Year’s Eve Read More »
DUBLIN (Reuters) -The lead European Union data privacy regulator for Meta fined the social media giant 251 million euros ($263.5 million) on Tuesday for a 2018 Facebook security breach that affected 29 million users. Meta notified Ireland’s Data Protection Commission at the time that cyber attackers had exploited a vulnerability in Facebook’s code that impacted …
EU privacy regulator fines Meta 251 million euros for 2018 breach Read More »
(Reuters) – Slovakia’s main gas buyer SPP and groups from Hungary, Austria and Italy warned the European Commission on Tuesday of the risks of an end to natural gas transit via Ukraine, as EU officials kept out of talks aimed at keeping Russian gas flowing. Slovakia, receiving gas from Russia via pipelines in Ukraine, has …
Slovakia’s SPP, partners seek continued Ukraine gas transit as EU stays out of talks Read More »
(Reuters) – HSBC on Tuesday appointed insider John Shipman as interim CEO of its Swiss Private Bank and country head of HSBC Switzerland, effective Jan. 1, 2025. Shipman succeeds Gabriel Castello, who was appointed earlier this month as interim CEO of HSBC’s global private banking, following a broader restructuring by CEO Georges Elhedery to streamline …
HSBC appoints insider John Shipman as interim CEO of Swiss Private Bank Read More »
