COPENHAGEN (Reuters) – Finland’s ministry of defence said on Thursday it had blocked seven real estate transactions involving two Russian buyers on grounds that allowing the acquisitions to take place could threaten national security. Helsinki has sought for some time to limit Russian citizens’ purchase of property near strategic locations based on existing regulations, blocking …
Finland blocks more Russian property acquisitions Read More »
(Reuters) -British recruiter SThree on Thursday warned its 2025 fiscal year profit would badly miss forecasts, citing tough market conditions amid political and macro-economic uncertainty in Europe, sending its shares sharply lower. Shares in the FTSE 250 firm, which have fallen about 14% so far this year, slumped as much as 36.3% to a more …
UK recruiter SThree warns of profit slump amid tough market conditions, shares tumble Read More »
By Catarina Demony LONDON (Reuters) – London-listed Savannah Resources has secured temporary land access to a large chunk of its future lithium mining site in northern Portugal, allowing it to conduct fieldwork and begin the second phase of drilling, the company said on Thursday. But Savannah, which is keen to supply Europe’s electric vehicle (EV) …
Savannah Resources gets temporary land access for Portuguese lithium project Read More »
MOSCOW (Reuters) – Russia’s largest airline Aeroflot may increase passenger traffic by up to 5% in 2025, Russian agency Interfax said on Thursday, citing company’s executive Ivan Batanov. Aeroflot expected to carry more than 50 million passengers in 2024. (Reporting by Marina Bobrova. Writing by Gleb Stolyarov; editing by Guy Faulconbridge)
By Clare Jim HONG KONG (Reuters) – The ad hoc bondholder group of state-backed Sino-Ocean Group has submitted an alternative offshore debt restructuring proposal to a London court in an intensifying battle between creditors and the company, according to a source and documents seen by Reuters. The group, which holds more than 25% of the …
Sino-Ocean bondholders submit counter restructuring proposal to London court Read More »
By Melanie Burton MELBOURNE (Reuters) – BHP and Rio Tinto have used confidentiality agreements to prevent female employees from speaking about sexual harassment at work, according to a lawyer leading Australian class action lawsuits against the miners. Brisbane-based law firm JGA Saddler filed a class action against each mining giant this week, alleging widespread and …
BHP and Rio pressured women to sign NDAs after sexual harassment complaints, lawyer says Read More »
LONDON (Reuters) – British power company Drax said on Thursday it had reached an agreement on the terms of a multi-year supply deal of biomass pellets for Pathway Energy’s proposed sustainable aviation fuel project in the United States. Under the deal, Drax will supply more than 1 million tonnes a year of sustainable biomass pellets …
Drax to supply biomass pellets to US aviation fuel project Read More »
ROME (Reuters) – Camfin, the family vehicle of Pirelli’s executive vice chairman Marco Tronchetti Provera, is planning to increase its stake in the tyremaker to 29.9% from 26.1%, Italian daily Il Messaggero reported on Thursday. To fund the operation and to cut the cost of its debt, Camfin is working to obtain 650 million euros …
Pirelli investor Camfin plans to raise stake to 29.9%, Italian daily says Read More »
(Reuters) -Leonteq has been ordered to disgorge profits worth 9.3 million Swiss francs ($10.52 million), Switzerland’s financial regulator said on Thursday, following a probe that found the investment services firm breached risk management obligations. The regulator, FINMA, said it would appoint an audit mandatary to monitor the correct implementation of measures imposed to ensure compliance …
Swiss regulator orders Leonteq to disgorge 9.3 million francs in profit Read More »
By Shaloo Shrivastava BENGALURU (Reuters) – U.S. President-elect Donald Trump will impose a tariff of less than 10% on UK imports next year or none at all, which will have an insignificant effect on the UK economy, according to a strong majority of economists polled by Reuters. Those expectations stand in contrast to widespread fears …
UK to mostly avoid tariff trouble with the U.S., say economists: Reuters poll Read More »
