By Sruthi Shankar and Nikhil Sharma (Reuters) -Britain’s main stock indexes rose on Monday, joining a broad rally in European markets, as investors awaited key economic data this week for clues on the path of U.S. and British monetary policy. The blue-chip FTSE 100 rebounded 0.7% from a three-month low touched in the prior session …
AMSTERDAM (Reuters) -A Dutch court will decide on Tuesday whether to uphold a landmark climate ruling against Shell, which in 2021 ordered the oil and gas company to sharply reduce greenhouse gas emissions. The ruling by The Hague district court ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared to 2019 …
Dutch court to rule on Shell appeal against landmark climate order Read More »
By Richa Naidu LONDON (Reuters) – Nestle’s KitKat brand has signed a global sponsorship deal with Formula 1 as new Chief Executive Laurent Freixe seeks to change the way the world’s biggest food company markets its core, multi-billion-dollar brands. A senior executive told Reuters exclusively that the Formula 1 deal had been struck to cover …
Nestle’s KitKat signs Formula 1 deal as CEO Freixe seeks broader appeal Read More »
LONDON (Reuters) -NatWest has bought back 1 billion pounds ($1.29 billion) worth of its own shares from Britain’s government, the bank said on Monday, as it continues its exit from state ownership following its bailout in the 2008 financial crisis. UKGI, which manages the government’s stake in the bank, said as a result of the …
NatWest buys back 1 billion pounds of its shares, accelerating full privatisation Read More »
By Helen Reid and Elisa Anzolin LONDON/MILAN (Reuters) -Italy’s Moncler <MONC.MI> is not in talks to take over Burberry , four sources close to the matter said on Monday in response to a report by Britain’s Mail on Sunday that a bid by Moncler was imminent. Shares in the British luxury brand reversed course after …
Moncler not in talks to take over Burberry, sources say Read More »
STOCKHOLM (Reuters) -The head of investments at German auto maker Volkswagen is leaving the board of Sweden’s Northvolt, the Swedish battery maker said on Monday, confirming media reports. Northvolt told Reuters it expects Volkswagen to find a board replacement for Sven Fuhrmann, who has held a board seat since last year. The German group is …
Volkswagen investment chief steps down from Northvolt board Read More »
By Gabriel Araujo (Reuters) – Brazilian planemaker Embraer’s defense unit is planning to open an office in Europe, as sales of its C-390 Millennium military cargo aircraft gain pace in the region. The Czech Republic, Austria, the Netherlands and Sweden have all recently moved to purchase the aircraft, joining current operators Portugal and Hungary and …
Embraer plans defense office in Europe as C-390 sales pick up Read More »
By Nancy Lapid (Reuters) – U.S. military veterans face racial and ethnic inequities in access to Novo Nordisk’s highly in-demand drugs for diabetes and weight loss, according to a review of patient data published on Monday, the U.S. Veterans Day holiday. In the U.S. Veterans Affairs Medical System, Black patients and those of Asian or …
US minority veterans face unequal access to Ozempic and Wegovy, study finds Read More »
(Reuters) – Spanish infrastructure investment fund Asterion Industrial Partners and Telefonica agreed to sell Spanish data centre operator Nabiax to European asset manager Aermont Capital, the companies said on Monday in a joint statement. Nabiax owns two centres in Madrid and one in Barcelona with a combined installed power of 35 Megawatts. Asterion owns 80% …
Asterion agrees to sell data centre operator Nabiax to Aermont Read More »
LONDON (Reuters) – New Schroders CEO Richard Oldfield has more than halved the size of the asset manager’s executive team as he looks to reboot performance after a string of disappointing earnings updates and big ticket client exits. Former finance chief Oldfield takes over from long-standing boss Peter Harrison who retired on Friday, and in …
Schroders’ new CEO shakes up top team after bruising year Read More »
