By Nerijus Adomaitis OSLO (Reuters) -Oil and gas companies operating in Norway are expected to invest 240 billion Norwegian crowns ($21.85 billion) in 2024, up from 220.5 billion in 2023, and more than previously expected, an industry group said on Wednesday. Offshore Norway, which published the new forecast based on a survey of its members, …
Norway oil and gas investments set to soar in 2024, industry says Read More »
(Reuters) – Spanish utility Naturgy has hired Morgan Stanley to evaluate a potential sale of the Australian assets of its unit Global Power Generation, the Expansion newspaper reported on Tuesday evening, citing unidentified sources with knowledge with the matter. The Australian assets of the unit, which operates renewable power plants in eight countries, are worth …
Naturgy hires Morgan Stanley to consider Australian unit sale, Expansion reports Read More »
(Reuters) -UK betting and gaming firm Entain said on Wednesday its CEO of nearly three years, Jette Nygaard-Andersen, would step down from the group with immediate effect. The company’s board has asked Stella David, currently a non-executive director, to become CEO on an interim basis. She will remain in the role until a permanent replacement …
By Paul Sandle and Muvija M LONDON (Reuters) – The chair of struggling Thames Water said the utility should have been clearer about its complex finances when asked by lawmakers in July, but he stood by its claim that 500 million pounds ($628 million) of new funding was equity and not debt. Thames Water, Britain’s …
Thames Water says it should have been clearer about its finances Read More »
By Raphael Satter WASHINGTON (Reuters) – Apple has said it now requires a judge’s order to hand over information about its customers’ push notification to law enforcement, putting the iPhone maker’s policy in line with rival Google and raising the hurdle officials must clear to get app data about users. The new policy was not …
Apple now requires a judge’s consent to hand over push notification data Read More »
By Max Hunder, Jonathan Landay and Stefaniia Bern KYIV (Reuters) -Ukraine’s biggest mobile network operator was hit on Tuesday by what appeared to be the largest cyberattack of the war with Russia so far, knocking out mobile and internet services for millions and the air raid alert system in parts of Kyiv region. Kyivstar has …
Ukraine’s top mobile operator hit by biggest cyberattack of war so far Read More »
By Paul Sandle and Sarah Young LONDON (Reuters) – Britain’s telecoms regulator proposed banning inflation-linked price rises in the middle of customers’ broadband and mobile contracts, saying the practice was unfair on consumers and hampering competition. Shares in London-listed telecoms companies BT and Vodafone fell 4% and 2% respectively on the proposed ban, as they …
UK may ban some mid-contract mobile and broadband price hikes Read More »
(Reuters) -Walgreens Boots Alliance is in early talks over separating its UK-based Boots drugstore chain, including the possibility of an initial public offering in London, Bloomberg News reported on Tuesday. The drugstore chain could be valued at about 7 billion pounds ($8.78 billion) in any deal, the report said, citing people familiar with the matter. …
Walgreens mulls IPO for UK Boots pharmacy chain – Bloomberg News Read More »
By Iain Withers and Danilo Masoni LONDON (Reuters) -Britain’s Financial Conduct Authority (FCA) flagged concerns on Tuesday about the amount of interest and fees charged by some investment platforms, warning 42 companies it could intervene to ensure fair value, sending shares in some firms sharply lower. The regulator laid out worries about the amount of …
UK watchdog scrutinises potential overcharging by investment platforms Read More »
By William Schomberg and David Milliken LONDON (Reuters) -British wage growth slowed by the most in almost two years, official data showed on Tuesday, but pay is probably still rising too fast for the Bank of England to relax its tough stance against cutting interest rates. Along with other signs of a cooling of the …
UK pay growth slows but BoE seen sticking to line on rates Read More »
