PARIS (Reuters) -Wine production in France is expected to fall 2% this year, with major disparities between regions after some vineyards were severely hit by fungal diseases while good weather in other regions boosted potential output, the French farm ministry said. Total wine production in France is expected to reach nearly 45 million hectolitres this …
French wine output falls with sharp contrasts between vineyards Read More »
By Sarah Young LONDON (Reuters) -Britain’s competition regulator on Friday gave its provisional backing for most of the CAA aviation regulator’s decisions over how much Heathrow can charge airlines over the 2024-2026 period after appeals by the airport and carriers. The Competitions and Markets Authority (CMA) stepped in to review the CAA’s decision after the …
Heathrow charges provisionally backed by UK competition regulator Read More »
PRAGUE (Reuters) -Volkswagen’s (VW) Czech car producer Skoda Auto said on Friday it would halt production at its Kvasiny plant for at least a week from Sept. 11 and did not rule out limiting output at its main plant in Mlada Boleslav due to a shortage of parts. It said the reason for the shortage …
Skoda Auto to halt production at Czech Kvasiny plant due to parts shortage Read More »
By Andreas Rinke, Riham Alkousaa and Marek Strzelecki BERLIN (Reuters) – Germany extended its trusteeship over Rosneft’s local assets for six extra months on Friday, after no progress in negotiations with the Russian oil company on a settlement. Berlin placed Rosneft’s German assets, including its 54.17% stake in Berlin’s Schwedt refinery, under a trusteeship last …
Germany extends trusteeship of Rosneft assets in ongoing dispute Read More »
PARIS (Reuters) – Industrial production in France grew by 0.8% in July, according to official figures published on Friday, offering a small uplift for the euro zone’s second-biggest economy which is still grappling with inflationary pressures. The INSEE statistics body said growth in the cars and transport industry had boosted overall industrial production, and data …
Industrial production in France rose 0.8% in July, beating forecasts Read More »
BERLIN (Reuters) – Germany’s DIW economic research institute slightly lowered its 2023 forecast for the German economy on Friday due to a surprisingly weak second quarter. Germany’s economy is now expected to contract by 0.4% in 2023, DIW said, versus its previous forecast of 0.2% contraction, with Germany being the only major global economy set …
German economy expected to contract by 0.4% in 2023 – DIW Read More »
By Suban Abdulla LONDON (Reuters) – British high-end developer Berkeley Group reaffirmed its profit forecast on Friday, but joined other homebuilders in highlighting a gloomy trading environment due to higher borrowing costs and wider macro-economic concerns. Britain’s housing market has struggled in recent months as demand slowed against the backdrop of Bank of England efforts …
UK homebuilder Berkeley sticks to profit forecast despite reservations slump Read More »
(Reuters) -Ken Hanna, the chairman of Wagamama owner Restaurant Group, will step down after months of pressure from activist investors, Sky News reported. Hanna has informed the board of his intention to step down once a successor is identified, the report said, adding that his departure could be announced as early as Friday. “Ken clearly …
Wagamama owner Restaurant Group’s chairman to step down -Sky News Read More »
By Pietro Lombardi MADRID (Reuters) -Repsol said it had entered the U.S. onshore wind market by buying renewable energy developer ConnectGen for $768 million, expanding its presence in a country the Spanish energy firm sees as a key market. The acquisition of ConnectGen from Quantum Capital is part of the Spanish company’s pivot from oil …
Repsol enters U.S. onshore wind market with $768 million ConnectGen buy Read More »
BRUSSELS (Reuters) – Environmentalists smeared Ryanair boss Michael O’Leary’s head with cream pies outside the European Union headquarters in Brussels on Thursday, in a protest over carbon emissions by Europe’s busiest airline. “Stop the pollution,” a female protester dressed in black shouted after hitting O’Leary in the face with a pie as he was setting …
Environmentalists smear cream pies on Ryanair boss at EU headquarters Read More »
