(Reuters) – Cheniere Energy said on Tuesday it would supply 0.8 million tonnes per annum (mtpa) of liquefied natural gas (LNG) to Germany’s BASF. The United States has emerged as the world’s largest LNG exporter after Western sanctions on major supplier Russia left Europe scrambling to find alternate sources for the commodity. Cheniere has also …
Cheniere Energy strikes LNG supply deal with BASF Read More »
By Gwladys Fouche OSLO (Reuters) -Meta Platforms on Tuesday asked a court in Norway to stop a fine that the country’s data regulator has imposed on the owner of Facebook and Instagram for breaching user privacy, in a case that could have wider European implications. Since Aug. 14, Meta Platforms has been fined 1 million …
Facebook owner Meta asks Norway court to halt privacy fine Read More »
By Supantha Mukherjee and Simon Jessop STOCKHOLM/LONDON (Reuters) – Swedish lithium-ion battery producer Northvolt has raised $1.2 billion from investors including BlackRock and several Canadian pension plans as it prepares to build new factories in Europe and North America, its finance chief told Reuters. The fresh funding, through a convertible note, comes as investor demand …
By William Schomberg and Sachin Ravikumar LONDON (Reuters) – Britain recorded a smaller-than-expected budget deficit in July, official data showed on Tuesday, giving finance minister Jeremy Hunt a bit of hope that he can cut taxes later this year, before an election expected in 2024. Some economists warned, however, that an economic slowdown or a …
UK borrows less than expected in July, raising tax cut hopes Read More »
(Reuters) – “Call of Duty” maker Activision will sell its non-European streaming rights to Ubisoft Entertainment to get the biggest deal yet in video-gaming past British regulators, potential owner Microsoft said on Tuesday. Microsoft said on Tuesday it believed its new proposal was a “substantially different transaction” and that it expected the CMA review process …
Microsoft-Activision: Ubisoft in the mix as $69 billion deal restructured Read More »
PRAGUE (Reuters) – The Czech plant of Japan’s Toyota halted production due to a parts shortage caused by a fire at a local supplier, a spokesperson for the carmaker said on Tuesday. “We had to stop production yesterday evening. This will of course have an effect on our production plan. It is not clear how …
Toyota halts production at Czech plant due to parts shortage Read More »
FRANKFURT (Reuters) – The euro zone’s current account surplus surged in June on higher goods exports and lower imports, European Central Bank data showed on Tuesday. Based on adjusted data, the 20-nation recorded a surplus of 35.8 billion euros after 7.9 billion a month earlier while unadjusted data showed a surplus of 36.8 billion euros …
Euro zone current account surplus surges in June Read More »
By James Davey LONDON (Reuters) – Sales growth at British supermarkets slowed in August, industry data showed on Tuesday, reflecting lower inflation as well as a hit to demand from unsettled, unseasonably wet weather. Market researcher NIQ said supermarket sales on a value basis grew 7.2% in the four weeks to Aug. 12 – the …
Britain’s gloomy weather dents supermarket sales growth into August -NIQ Read More »
By Tommy Wilkes LONDON (Reuters) – The bosses of Britain’s biggest companies saw their pay jump 16% in 2022, sending their average earnings to 118 times the median UK full-time worker’s while employees struggled with soaring inflation, new research showed on Monday. The median pay of a FTSE 100 CEO last year hit 3.91 million …
Britain’s CEOs get 16% pay rise to 3.9 million pounds even as workers struggle Read More »
By Brendan Pierson (Reuters) – Indivior has agreed to pay $30 million to settle a class action lawsuit filed in a U.S. court by health plans accusing the drugmaker of illegally suppressing generic competition for its opioid addiction treatment Suboxone. The settlement, disclosed on Saturday in a filing by lawyers for the health plans in …
Indivior to pay $30 million to settle health plans’ Suboxone claims Read More »
