Reuters UK Business

MADRID (Reuters) – Spanish drugmaker Grifols on Thursday issued new details of its 2022 and 2023 accounts, including higher leverage ratios than previously reported based on a different calculation of its core earnings and debt, after it was required to do so by market supervisor CNMV. The new calculation is based on profit-and-loss balance sheets …

Spain’s Grifols gives new details on past EBITDA, leverage ratios to supervisor Read More »

PARIS (Reuters) – France’s nuclear power giant EDF will likely be grappling with some problems linked to stress corrosion at some of its reactors until the end of next year, a senior company executive told a parliamentary hearing on Thursday. Cedric Lewandowski, in charge of EDF’s nuclear energy operations, told the French Senate the corrosion …

France’s EDF aims to fix reactor corrosion issues by end of 2025, executive says Read More »

By Clara Denina and Veronica Brown LONDON (Reuters) – Sigma Lithium’s chief executive won’t sell the miner at current lithium price levels and is concentrating on its near-term expansion plans, she told Reuters in an interview. The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo, started scouting …

Sigma Lithium CEO won’t sell the company at current lithium prices Read More »

By Robert Harvey MOSCOW/LONDON (Reuters) – When engineers at Russian oil firm Lukoil discovered a turbine had broken at their largest refinery on January 4, they quickly realised the problem was far from trivial. There was only one company that knew how to repair the gasoline-producing unit at the NORSI refinery, located on the Volga …

Exclusive-U.S. sanctions hamper Russian efforts to repair refineries, sources say Read More »

(Reuters) -Britain’s new car market recorded the best March since 2019, on the back of steady demand for fleet vehicles, industry data showed on Thursday. March, which is generally the busiest month of the year due to the issuance of new number plates, saw a total of 317,786 new car sales, up 10.4% from a …

UK new car sales record best March since 2019, industry body says Read More »

(Reuters) – Private company Deutsche ReGas on April 3 ended a gas shuttle service from storage vessel Seapeak Hispania to the Baltic Sea port of Lubmin. The halt was in preparation for moving the floating storage regasification unit (FSRU) Neptune, moored in Lubmin, to its new Mukran port terminal on nearby Ruegen island. The Neptune …

Factbox-Germany builds up LNG import terminals Read More »

By Johann M Cherian and Ozan Ergenay (Reuters) -European stocks climbed on Thursday with investors awaiting an inflation print and minutes from the European Central Bank’s latest meeting, while shares of Basilea jumped following the U.S. regulatory approval for the drugmaker’s bacterial therapy. The continent-wide STOXX 600 index was up 0.2%, as of 0837 GMT, …

European stocks rise ahead of inflation data; Basilea shines Read More »