By Ron Bousso LONDON (Reuters) – Earnings from Shell’s liquefied natural gas (LNG) trading operations are likely to have been significantly higher in the fourth quarter of last year despite a sharp output drop owing to plant outages, it said on Friday. Europe’s largest oil and gas company’s update ahead of its full-year results on …
Shell LNG trading provides quarterly boost despite output drop Read More »
NEW YORK (Reuters) -Deutsche Bank AG appointed Michael Heaney, a retired Morgan Stanley executive, as chairman of its U.S. arm, the German bank said on Thursday. Heaney had a three-decade career at Morgan Stanley, ultimately rising to become its global co-head of fixed income sales and trading while serving on its management committee. The executive …
Deutsche Bank names ex-Morgan Stanley executive Heaney as U.S. chairman Read More »
FRANKFURT (Reuters) – Germany’s financial supervisory authority (BaFin) said on Thursday it has ordered clearing house Eurex Clearing and digital securities processor Clearstream Holding to remedy organisational deficiencies. The order, which was sent to the companies at end of November, was to “ensure proper business organization” following a breach of requirements, BaFin said in a …
PRAGUE (Reuters) – Czech natural gas transmission system operator Net4Gas (N4G) has not received the latest monthly contracted payments from Russia’s Gazprom, a government minister said. Net4Gas’s revenues from the contracts accounted for three quarters of total 2021 revenue, the company said in a filing late on Wednesday. “N4G is currently investigating the reasons for …
Czech firm Net4Gas missing latest payments from Gazprom Read More »
(Reuters) – German carmaker Mercedes-Benz said on Thursday that the state of Nevada has approved its application to deploy advanced automated driving systems on its roads. The company said the Nevada Department of Motor Vehicles approved its application and is preparing the certificate of compliance that will be issued within the next two weeks. The …
Mercedez-Benz says Nevada approves use of advanced automated driving system Read More »
By Raphael Satter LONDON (Reuters) – Hackers stole the email addresses of more than 200 million Twitter users and posted them on an online hacking forum, a security researcher said Wednesday. The breach “will unfortunately lead to a lot of hacking, targeted phishing and doxxing,” Alon Gal, co-founder of Israeli cybersecurity-monitoring firm Hudson Rock, wrote …
Twitter hacked, 200 million user email addresses leaked, researcher says Read More »
(Reuters) -Cryptocurrency firm Genesis has cut 30% of its workforce in a second round of layoffs in less than six months, according to a person familiar with the matter, as pressure builds on crypto industry executives to cut costs in the wake of a downturn. Several firms have suffered from waning investor appetite for crypto …
Crypto lender Genesis lays off 30% of staff – source Read More »
By Carolyn Cohn LONDON (Reuters) -CBRE Investment Management has delayed by three months some third-quarter redemption requests from investors looking to exit its UK Property Authorised Investment Fund, due to “ongoing market conditions, a spokesperson said on Thursday. Investors who put in requests to withdraw money from the fund will receive “around half” of their …
CBRE defers ‘around half’ of Q3 UK property fund withdrawals Read More »
By Ron Bousso and Aby Jose Koilparambil LONDON (Reuters) -Capricorn Energy on Thursday rejected a plan by its third largest shareholder to scrap a proposed merger with NewMed Energy, saying its was based on false information. In an open letter to shareholders, the board of Capricorn Energy asked stakeholder Palliser to review its planned merger …
UK’s Capricorn Energy rejects attempt to block NewMed deal Read More »
By Shashwat Chauhan and Johann M Cherian (Reuters) -UK’s FTSE 100 closed near nine-month highs on Thursday as shares of Standard Chartered boosted banks, while retailer Next topped the index following its annual profit forecast. The blue-chip FTSE 100 climbed 0.6%, extending gains to a third straight session and the midcap FTSE 250 gained 0.4% …
Banks push FTSE 100 to nine-month highs; recession worries loom Read More »
