Reuters UK Business

By Timothy Gardner WASHINGTON (Reuters) – Former SpaceX engineer Scott Nolan, CEO of startup General Matter, is on a mission to help end Russia’s monopoly on a type of more-enriched nuclear fuel by producing it at commercial scale in the United States and slashing its costs. Nolan incorporated San Francisco-based General Matter this year in …

Former SpaceX engineer seeks to help end US dearth of special uranium fuel Read More »

By Kate Abnett BRUSSELS (Reuters) – European Union countries plan to promote geothermal energy as they hunt for ways to replace Russian gas and bring down energy prices, a draft EU document showed. The 27 EU members will jointly endorse geothermal energy for the first time at a meeting of EU energy ministers in Brussels …

EU looks to geothermal in drive for energy security, document shows Read More »

By Toby Sterling ROTTERDAM (Reuters) – A Dutch court on Monday extended the detention of a Russian former employee of semiconductor equipment maker ASML suspected of stealing intellectual property and selling it to buyers in Russia in violation of European sanctions. The suspect is German Aksenov, a 43-year-old man who has worked for ASML subsidiary …

Former Russian ASML employee charged with IP theft and sanctions violations Read More »

By Sruthi Shankar and Johann M Cherian (Reuters) -European shares closed at their highest levels in six-weeks on Monday, led by mining and luxury stocks, after a promise of renewed stimulus to support China’s slowing economy. The pan-European STOXX 600 index edged up 0.1%, and notched its eighth consecutive session of gains. China-exposed miners in …

European shares close at six-week high on expected China stimulus Read More »

(Reuters) -Britain’s FTSE 100 climbed on Monday, boosted by energy and mining shares, as investors looked to this week’s domestic GDP data to gauge the Bank of England’s policy outlook. The blue-chip FTSE 100 rose 0.5%, while the midcap FTSE 250 was down 0.1% after hitting a seven week high earlier in the session. European …

Mining, energy stocks lift FTSE 100 on Chinese monetary easing stance Read More »

By Gianluca Lo Nostro, Leo Marchandon and Florence Loeve (Reuters) -Shareholders of French media conglomerate Vivendi approved on Monday the breakup backed by the Bollore family, aiming to spin off Canal+, Havas and Louis Hachette Group despite some market scepticism and opposition from minority shareholders. The motions received support from over 97% of the votes, …

Shareholders approve breakup of Bollore’s Vivendi media conglomerate Read More »