LONDON (Reuters) – Britain’s Octopus Energy Group said on Wednesday it was creating a joint venture (JV) with Italian solar and wind farm developer Nexta Capital Partners to produce 1.1 gigawatts (GW) of new onshore wind and solar farms in Italy by 2025. The move will help Italy, which depends on Russia for around 25% …
Octopus Energy creates JV with Italian solar and wind farm developer Nexta Read More »
PARIS (Reuters) – Strikes have affected almost a third of France’s nuclear reactors, a power union official said, delaying maintenance at many of them just as nuclear power giant EDF is rushing to get enough of its fleet back online in time for the winter. France’s nuclear output was already expected to hit a 30-year …
Twenty French nuclear reactors affected by strike, union says Read More »
FRANKFURT (Reuters) – Franco-German lab supplies maker Sartorius predicted that full-year sales would come in at the lower half of its target range after pandemic-related demand dropped, and its shares slid to a five-month low on concerns over slowing growth next year. Sales growth for 2022 is now expected to be in the lower half …
Sartorius shares drop as it tempers 2022 revenue ambitions Read More »
MOSCOW (Reuters) – Russian telecoms-to-healthcare conglomerate Sistema agreed a $256-million deal for a stake in Melon Fashion Group on Wednesday, months after the retail outlet scrapped plans for an initial public offering (IPO) due to the conflict in Ukraine. Based in St. Petersburg on a site that housed a sewing factory in Soviet times, Melon …
Russia’s Sistema buys $256 million stake in Melon Fashion Group after scrapped IPO Read More »
By James Davey LONDON (Reuters) – The winter World Cup has added a new level of uncertainty to the Christmas trading outlook of Britain’s supermarkets: How do you persuade cash-strapped shoppers to buy yule logs and luxury biscuits at the same time as beer and pizza? Running between Nov. 20 and Dec. 18, the soccer …
Analysis-World Cup could be nightmare before Christmas for Britain’s supermarkets Read More »
(Reuters) – British house prices increased by 13.6% year-on-year in August, the Office for National Statistics said on Wednesday. House price growth slowed from a 16% surge in July which reflected how prices in the same month last year were hit by the end of a tax break for home-buyers. A Reuters poll published in …
LONDON (Reuters) – BlackRock, the world’s biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was not to “engineer a specific decarbonization outcome in the real economy.” The response was part of tens of statements from companies to the Environmental Audit …
BlackRock tells UK ‘no’ to halting investment in coal, oil and gas Read More »
By Juliette Portala (Reuters) – London-based cybersecurity company OutThink has raised $10 million in early-stage investments backed by venture capital firm AlbionVC, it said on Tuesday, as it looks to help organisations identify human behaviour that can lead to data breaches. The company, which says human behaviour is the source of 91% of data breaches, …
OutThink raises $10 million to tackle human errors behind data breaches Read More »
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix Inc reversed customer losses and provided a slightly more bullish outlook than Wall Street expected, projecting a new ad-supported streaming option would help attract 4.5 million subscribers by year’s end. Shares of Netflix jumped nearly 14% in after-hours trading. The company’s stock, an investor favorite …
Netflix reverses subscriber slump, shares surge 14% Read More »
By Daniel Wiessner (Reuters) -Amazon.com Inc must face a claim that it failed to protect New York City warehouse workers and their families from COVID-19, a U.S. appeals court ruled on Tuesday while dismissing the bulk of the workers’ 2020 lawsuit. The 2nd U.S. Circuit Court of Appeals in New York reversed a federal judge’s …
Amazon workers in New York City win partial revival of COVID-19 safety lawsuit Read More »
