By Andrea Shalal WASHINGTON (Reuters) – The U.S. government plans to issue guidance in coming days on a Russian oil price cap taking effect on Dec. 5 and is ready for some “hiccups” in its implementation, a State Department official said on Thursday. Jim Mullinax, director of the Office of Sanctions Policy and Implementation, told …
U.S. to issue more guidance on Russian oil price cap in coming days Read More »
(This Nov. 7 story has been corrected to say “106,000” not “37,000” in paragraph 6, after a state agency clarification) DUBLIN (Reuters) – Ireland has a strong pipeline of investments from foreign-owned multinationals and expects many positive announcements in the coming months, Deputy Prime Minister Leo Varadkar said on Monday, looking to ease fears around …
Ireland touts strong investment pipeline amid tech job cuts Read More »
By David Shepardson WASHINGTON (Reuters) – Chrysler-parent Stellantis is recalling 280,000 Ram heavy-duty diesel trucks worldwide for fire risks, a filing with the National Highway Traffic Safety Administration and a company statement showed on Thursday. The recall covers 2020-2023 Ram 2500 and 2020-2022 Ram 3500 trucks. A build-up of pressure and heat inside the transmission …
Chrysler recalling 280,000 heavy-duty trucks for fire risks Read More »
By David Latona MADRID (Reuters) – Wind turbine maker Siemens Gamesa appointed Siemens Energy Chief Executive Christian Bruch as its new chairman on Thursday amid a controversial buyout bid by its main shareholder. Siemens Gamesa said the change of chairman was the “logical next step” in the potential merger and integration within Siemens Energy, one …
Siemens Gamesa names parent’s CEO as chairman ahead of possible merger Read More »
MADRID (Reuters) – Regional Spanish parties on Thursday secured the exemption of large energy firms’ regulated activities from the government’s temporary windfall tax plan, a joint document showed. Several energy companies had threatened to take the government to court if the levy – a 1.2% tax on power utilities’ sales – was approved in its …
By David Milliken, Andy Bruce and William Schomberg LONDON (Reuters) – Britain faces a record hit to living standards this year as surging inflation erodes incomes, the country’s budget forecasters warned, after finance minister Jeremy Hunt announced more pain, with tax rises now and spending cuts further ahead. In a bid to restore Britain’s fiscal …
UK faces record hit to living standards as tax hikes loom Read More »
By Shashwat Chauhan, Bansari Mayur Kamdar and Shristi Achar A (Reuters) -The FTSE 100 index slipped on Thursday after briefly hitting a one-week low, while midcap stocks cut losses sharply after the government set out plans to cut spending and raise taxes, reversing course after a market plunge over unfunded tax cuts. The exporter-heavy FTSE …
UK shares slip after Hunt’s new budget raises taxes, squeezes spending Read More »
By Huw Jones LONDON (Reuters) – The European Union will propose rules next month to make it easier for companies to list, give creditors more predictability on company bankruptcies, and to attract more euro derivatives clearing from London, the bloc’s financial services chief said on Thursday. Mairead McGuinness said there had been good progress in …
EU readies next steps to boost its capital market Read More »
PARIS (Reuters) – Atos, under pressure from investors to boost profitability and its share price, said on Thursday it had entered into exclusive negotiations with Italian engineering company Lutech to sell its Italian unit for cash. The proposed transaction accounts for 2% of the group’s total revenue in 2021, Atos said in a statement. The …
BERLIN (Reuters) – Teamviewer is in contact with Manchester United about amending its existing contract, a spokesperson for the German software company said on Thursday, in response to a letter from Petrus Advisers calling its sponsorship deals “a sign of hubris and appalling judgment”. “TeamViewer had announced – as part of its Q2 communications – …
Teamviewer: in contact with Manchester United about contract Read More »
