By Peter Hobson LONDON (Reuters) – A British law firm said on Tuesday it had brought a case against the world’s most important accreditor of gold refineries for renewing a refiner’s certification despite alleged human rights abuses at a mine supplying it with gold. The law firm, Leigh Day, filed the case in London’s High …
Top accreditor of gold refiners sued over alleged human rights abuse Read More »
By James Davey LONDON (Reuters) – British shoppers focused on core grocery essentials in November and avoided more discretionary Christmas items, market researcher NielsenIQ said on Tuesday. It said total sales on a value basis grew 7.6% in the four weeks to Dec. 3 year-on-year, masking a drop in volumes when accounting for inflation. “With …
Britons wary of discretionary Christmas grocery spend -NielsenIQ Read More »
ROME (Reuters) – Italy’s antitrust authority said on Tuesday it had opened investigations into seven energy companies, including Eni and Enel for suspected illegitimate conduct in price setting for electricity and natural gas. The firms involved, which also include Hera, Edison, A2A, ACEA and French group Engie, represent around 80% of the Italian market, the …
Italy’s antitrust probes 7 energy firms over illegitimate price setting Read More »
ZURICH (Reuters) – The Swiss government expects the country’s economic growth to slow next year although it should avoid a recession, it said on Tuesday, with no energy shortages causing widespread production losses. The economy will expand 2.0% this year, the same level as its September forecast, before growth slows to 1.0% in 2023, the …
Swiss gov’t expects economic slowdown in 2023 but no recession Read More »
By Kate Abnett BRUSSELS (Reuters) -The European Union is hoping to reach a deal late on Monday to impose a carbon dioxide tariff on imports of polluting goods such as steel and cement, a scheme the bloc says is crucial to support European industry during the low-carbon transition. The EU last year proposed a law …
EU seeks deal on world-first carbon border tariff Read More »
By Erwin Seba and Stephanie Kelly WASHINGTON, Kan. (Reuters) -Traders expressed worry on Monday about how long Canada’s TC Energy Corp would take to clean up the largest U.S. crude oil spill in nearly a decade and restart its Keystone oil pipeline after more than 14,000 barrels of oil leaked last week. TC Energy shut …
Keystone oil pipeline restart timetable unclear; traders worry about supply Read More »
By Kate Abnett BRUSSELS (Reuters) -The European Union has enough gas for the winter but could face a shortage next year if Russia cuts supplies further, the International Energy Agency (IEA) said on Monday, urging governments to act faster to save energy and expand renewables. Despite Russia slashing gas deliveries this year, Europe has averted …
MILAN (Reuters) -Credit Suisse has appointed Paolo Celesia and Michele Pangrazzi as co-heads of its Italian investment banking business, with Andrea Donzelli leaving the Swiss group to join Jefferies, two people close to the matter said. Donzelli will become Jefferies’ new country head in Italy and vice chairman of investment banking from January or February, …
Jefferies hires veteran Credit Suisse banker to head Italy Read More »
By Alexander Marrow MOSCOW (Reuters) -Starved of Big Macs since McDonald’s Corp closed its Russian restaurants in March, Russians will from next year be treated to an alternative from the burger chain’s successor – the “Big Hit”. Russian fast food chain Vkusno & tochka, or “Tasty & that’s it”, on Monday said the Big Hit, …
Russia’s McDonald’s successor replacing Big Mac with ‘Big Hit’ Read More »
ROME (Reuters) – The European internal market commissioner agreed with Italy’s industry minister on Monday that the EU should draft a proposal for an industrial policy at a European level to face challenges from China and the United States. The EU fears that the $430 billion subsidies in the United States’ Inflation Reduction Act (IRA), …
Italy and EU agree on need for European industrial policy proposal by year-end Read More »
