By Forrest Crellin PARIS (Reuters) -Italian small modular reactor startup Newcleo is considering ditching plans to construct 20 reactors in Britain worth an estimated 16 billion euros ($19 billion) and building them in the U.S. instead as European nuclear firms rush to benefit from measures to support the industry. U.S. President Donald Trump signed an …
European nuclear firms look to US for faster growth Read More »
MOSCOW (Reuters) -Russia’s top lender Sberbank expects its 2025 profit to grow by around 6%, CEO German Gref told Russian President Vladimir Putin in televised comments on Monday. (Reporting by Elena Fabrichnaya; Writing by Anastasia Teterevleva; Editing by Louise Heavens)
LONDON (Reuters) -Sterling held steady on Monday as traders brushed off news of a possible end to the U.S. federal government shutdown and instead awaited important economic data this week to see what it might mean for the Bank of England. The pound was last up 0.08% at $1.3175 and was a whisker firmer against …
Sterling looks past US shutdown news, awaits British data Read More »
(Reuters) -The U.S. Senate on Sunday moved forward on a measure aimed at reopening the federal government, with a procedural vote clearing the way for lawmakers to amend a bill that can fund the government until January 30. Financial markets welcomed progress that raises the prospect of resolving a 40-day shutdown that has likely hit …
Markets cheer signs of progress to end US government shutdown Read More »
By Bernadette Hogg and Emanuele Berro (Reuters) -No decision has been made yet on the future of steel processing firm Huettenwerke Krupp Mannesmann (HKM), jointly owned by Thyssenkrupp Steel Europe, Salzgitter and Vallourec, Salzgitter’s finance chief Birgit Potrafki said on Monday. In February, Thyssenkrupp Steel Europe said investor CE Capital Partners had broken off talks …
Decision on steel joint venture HKM’s future still pending, Salzgitter says Read More »
STOCKHOLM (Reuters) -A group of large Swedish industrial companies has signed a deal with utility Vattenfall to invest 400 million Swedish crowns ($42.5 million) into the development of small modular nuclear reactors in Sweden. Industrikraft, a group of 17 industrial companies, including SKF, Volvo AB and Volvocars, is making the investment into Videberg Kraft, a …
Swedish industrial heavyweights to make 400 million SEK investment in new nuclear power Read More »
(Reuters) -German steelmaker Salzgitter said on Monday it was not planning to exit its stake in copper producer Aurubis. Aurubis is a valuable part of Salzgitter’s business and brings “valuable EBITDA to the table”, Chief Financial Officer Birgit Potrafki said. Salzgitter, which owns 29.99% of Aurubis, said in October it would sell 500 million euros …
Salzgitter says it has no plans to exit copper producer Aurubis Read More »
(Corrects analyst consensus to -4.0 in first paragraph, removing incorrect reference to -6.0) BERLIN (Reuters) -The Sentix index gauging investor morale in the euro zone fell to -7.4 in November from -5.4 in October, below the -4.0 forecast by analysts polled by Reuters. The survey of 1,069 investors from November 6-8 showed the assessment of …
Euro zone investor morale worsens further than expected Read More »
(Reuters) -Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday, turning to an outsider to steer the world’s largest spirits maker through a challenging period for the drinks industry after a months-long search. The Johnnie Walker whisky and Guinness beer maker said Nik Jhangiani, who has served as interim CEO since July, …
Factbox-Key facts about Diageo’s new CEO, Dave Lewis Read More »
(Reuters) -Upper Crust owner SSP Group said on Monday Mike Clasper intends to step down as both chair and director following the group’s annual general meeting on January 23, 2026. Senior independent director Carolyn Bradley is leading the group’s search for a successor and would become interim chair if no appointment is made by the …
