Dec 15 (Reuters) – “Battlefield” maker Electronic Arts forecast fiscal 2026 net bookings below analysts’ estimates on Monday, as soft consumer spending and elevated console prices weigh on demand during a fiercely competitive holiday season. The Redwood City, California-based company expects net bookings of about $7.85 billion for the year, compared with the analysts’ average …
By Kate Abnett BRUSSELS, Dec 15 (Reuters) – The U.S. has demanded that the European Union exempt its oil and gas from obligations under the bloc’s methane emissions law on fuel imports until 2035, a U.S. government document seen by Reuters showed. Starting this year, the EU requires importers of oil and gas to Europe to …
US demands EU exempt its gas from methane emissions law, document shows Read More »
By Jarrett Renshaw, David Gauthier-Villars and Anna Hirtenstein LONDON, Dec 15 (Reuters) – The U.S. Treasury has rejected an offer from a group led by U.S. bank Xtellus Partners for the foreign assets of Russian oil company Lukoil, four people close to the matter told Reuters. Xtellus had been competing against U.S. oil majors Exxon …
Exclusive-U.S. Treasury rejects Xtellus-led bid for Lukoil assets, sources say Read More »
ROME, Dec 15 (Reuters) – Italy’s competition authority (AGCM) has closed an investigation into alleged unfair commercial practices concerning energy group Eni’s unit Plenitude and will take no further action, the regulator said in a weekly bulletin on Monday. The investigation, launched in March, looked into the methods used by Eni’s retail and renewable business …
Italy’s competition authority drops probe into Eni’s Plenitude unit Read More »
BERLIN, Dec 15 (Reuters) – German state-owned utility Uniper will launch the sale of its 20% stake in the natural gas pipeline Opal, one of Europe’s largest transmission corridors, the company said on Monday. Uniper’s disposal of the asset was a condition set by the European Commission when it approved Berlin’s bailout of the utility …
Uniper to launch sale of 20% stake in Opal gas pipeline Read More »
By Kate Abnett BRUSSELS, Dec 15 (Reuters) – The U.S. has demanded that the European Union exempt its oil and gas from obligations under the bloc’s methane emissions law on fuel imports until 2035, a U.S. government document seen by Reuters showed. Starting this year, the EU requires importers of oil and gas to Europe to …
US demands EU exempt its gas from methane emissions law, document shows Read More »
Dec 15 (Reuters) – Britain’s Financial Reporting Council said on Monday it had opened an investigation into Ernst & Young’s audit of Shell’s 2024 financial statements over potential breaches of audit partner rotation rules. Shell said in a July regulatory filing that it breached UK rules on audit partner rotation set by the Financial Reporting …
UK watchdog investigates EY’s Shell audit over potential breaches Read More »
By Tom Sims FRANKFURT, Dec 15 (Reuters) – Germany’s financial regulator BaFin on Monday announced stricter oversight of Berlin-based online bank N26, including limits on new business in the Netherlands and the instalment of a special monitor, after finding lapses in compliance by the lender. The measures mark the second time since 2021 that BaFin …
German regulator orders oversight, limits on online bank N26 Read More »
MILAN, Dec 15 (Reuters) – Italy’s Caltagirone construction group, a leading investor in bank Monte dei Paschi di Siena and insurer Generali, said on Monday it was beefing up governance controls relating to the two investments. The decision comes after Milan prosecutors placed under investigation Chairman Francesco Gaetano Caltagirone as part of a probe into …
Italy’s Caltagirone group strengthens governance procedure over Generali, MPS stakes Read More »
Dec 15 (Reuters) – UK stocks closed higher on Monday, starting the week on a positive note ahead of a widely expected interest rate cut by the Bank of England later this week. The UK’s blue-chip FTSE 100 closed up at 1.1%, while the midcap FTSE 250 index added 0.7%. Both indexes ended lower for a …
