Reuters UK Business Archives - Page 2317 of 3179

Ship insurance facility set up for Ukraine grain exports, says broker Miller

26 Sep 2023 26 Sep 2023

LONDON (Reuters) – A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has been set up in conjunction with Ukraine’s authorities, insurance broker Miller said on Tuesday. Russia quit a U.N.-backed deal in July to enable exports from Ukraine to sail from three approved ports. Since then, Kyiv has launched …

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Onex in talks with advisers on future ownership of Emerald -sources

26 Sep 2023 26 Sep 2023

By Amy-Jo Crowley and Milana Vinn LONDON (Reuters) -Onex has been in talks with potential advisers about the future ownership of Emerald, a U.S.-based trade show organiser, amid a post-pandemic rebound in the business events sector, two people familiar with the matter told Reuters. The Toronto-based buyout group has discussed options such as a full …

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French bill moves food price deadline up to middle of January

26 Sep 2023 26 Sep 2023

PARIS (Reuters) – Food retailers and producers in France will have to wrap up annual price negotiations by Jan. 15 instead of by the traditional March 1 deadline under a bill the French government will send to the parliament on Wednesday. Whereas retailers and producers in most countries regularly adjust prices of food and other …

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Santander raises interim cash dividend 39%

26 Sep 2023 26 Sep 2023

MADRID (Reuters) – Spain’s Santander said on Tuesday its board had approved an interim cash dividend of 0.081 euros ($0.0856) per share against its 2023 results, up 39% from a year ago. The cash dividend is equivalent to around 25% of the group’s attributable profit in the first half of 2023, or 1.31 billion euros, …

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Airbnb CEO urges Parisians to put homes up for rent for Olympics

26 Sep 2023 26 Sep 2023

By Elizabeth Pineau PARIS (Reuters) – Airbnb is expecting to host up to half a million people in Paris during the 2024 Olympics and is urging more Parisians to put their homes up for rent, Chief Executive Officer Brian Chesky said on Tuesday. The more listings there are, the more prices will be contained, Chesky …

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FTSE 100 ends flat as losses in healthcare counter financials boost; RS Group jumps

26 Sep 2023 26 Sep 2023

By Johann M Cherian and Shristi Achar A (Reuters) -The UK’s FTSE 100 was muted on Tuesday as losses in defensive sectors like healthcare outweighed gains in financial stocks, while shares of RS Group surged on talks of takeover interest. The blue-chip index was flat, while the mid-cap FTSE 250 shed 0.4%. Electronics products distributor …

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Water regulator tells firms in England, Wales to refund $139 million

26 Sep 2023 26 Sep 2023

(Reuters) -Water companies in England and Wales, including Thames Water and Yorkshire Water, will have to return a total of 114 million pounds ($139 million) to customers next year after missing key targets, industry watchdog Ofwat said on Tuesday. The rebate will come off customers’ bills for next year. Only five out of 17 water …

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French authorities received a software update for Apple’s iPhone 12 – ministry source

26 Sep 2023 26 Sep 2023

PARIS (Reuters) – French authorities have received a software update from Apple for its iPhone 12 and are reviewing it, a source at the French digital ministry told Reuters on Tuesday. The U.S. tech company had pledged to update the software for iPhone 12s in France to settle a row over radiation levels. (Reporting by …

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Banks in EU largely comply with ‘Basel Endgame’, says watchdog

26 Sep 2023 26 Sep 2023

LONDON (Reuters) -Banks in the European Union already largely meet stricter global capital requirements ahead of a 2028 deadline, with the shortfall now down to 600 million euros ($635.8 million), the bloc’s banking watchdog said on Tuesday. The global Basel Committee agreed additional capital requirements in 2017, the last leg of its revamp of core …

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Fuel-at-cost sales cannot last, says French supermarket boss

26 Sep 2023 26 Sep 2023

PARIS (Reuters) – Selling fuel at cost price can only be temporary, the head of a French supermarket chain said on Tuesday, ahead of a meeting between the government and distributors that say the measure is economically untenable. To help people cope with inflation, the French government initially considered allowing fuel to be sold at …

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