Reuters UK Business

Barry Callebaut stops Belgian chocolate plant output after salmonella outbreak

ZURICH (Reuters) – Barry Callebaut has halted production at its Wieze plant in Belgium after discovering salmonella in a production lot on Monday, the Swiss chocolate maker said on Thursday. “Barry Callebaut informed the Belgian food authorities (FAVV) about the incident and has taken the precautionary measure to stop all chocolate production lines and to …

Barry Callebaut stops Belgian chocolate plant output after salmonella outbreak Read More »

Turkish insurers in talks with Treasury for bond issue amid high inflation

By Birsen Altayli and Zeynep Berkem ISTANBUL (Reuters) – Turkey’s insurance association is in talks with the country’s Treasury on a potential inflation-indexed bond issue, the group’s head told Reuters, as insurers seek a new mechanism to protect their capital from soaring inflation. Turkey’s inflation rate hit 73.5% in May and is expected to rise …

Turkish insurers in talks with Treasury for bond issue amid high inflation Read More »

UBS to pay $25 million to settle U.S. SEC fraud charges

By Kanishka Singh WASHINGTON (Reuters) – Wealth manager and banking group UBS will pay $25 million to settle fraud charges relating to an options trading strategy, the U.S. Securities and Exchange Commission (SEC) said on Wednesday. UBS marketed and sold the “Yield Enhancement Strategy (YES)” to about 600 investors through its platform of domestic financial …

UBS to pay $25 million to settle U.S. SEC fraud charges Read More »

Unilever sells Ben & Jerry’s Israeli business to defuse BDS row

By Henriette Chacar JERUSALEM (Reuters) -Unilever on Wednesday sold its Ben & Jerry’s ice cream business in Israel to its local licensee for an undisclosed sum, aiming to smooth over a potentially damaging diplomatic row over the company’s political stance. The deal comes after the U.S. ice cream brand announced last year it would stop …

Unilever sells Ben & Jerry’s Israeli business to defuse BDS row Read More »

Stellantis’ French diesel engine plant to get EV motor boost

By Gilles Guillaume TREMERY (Reuters) -World No. 4 carmaker Stellantis said on Wednesday it will speed up electric motor production at its factory in Tremery, France, long the world’s largest diesel engine plant, to account for 50% of the facility’s capacity by 2024. In 2021, diesel accounted for 67% of production at this plant in …

Stellantis’ French diesel engine plant to get EV motor boost Read More »

MFE is long-term investor in ProSieben, CEO says

COLOGNO MONZESE, Italy (Reuters) – Italian broadcaster MFE is “a long-term investor” in German rival ProSiebensat, CEO Pier Silvio Berlusconi said, reiterating MFE’s long-held view that traditional TV companies should join forces. “For now we’re happy with ProSieben to deliver on the results it has promised – going forward we’ll see,” Berlusconi told reporters on …

MFE is long-term investor in ProSieben, CEO says Read More »

Uniper withdraws 2022 outlook on Gazprom supply restrictions

(Reuters) -German utility Uniper SE withdrew its outlook for the 2022 financial year on Wednesday due to gas supply restrictions from Gazprom and said it was in discussions with the government about possible support measures. Uniper said it had received only 40% of the contractually agreed gas volumes from Gazprom since June 16, as Russian …

Uniper withdraws 2022 outlook on Gazprom supply restrictions Read More »

Luggage piles join long airport lines in fresh woes for summer travel

By Allison Lampert (Reuters) – Piles of luggage beside baggage belts in airports from Canada to Europe are driving further demand for ground handlers, and adding to summer travel chaos as airlines scramble to bring back workers lost during COVID-19. Once a cost-cutting and outsourcing target for aviation, ground handlers are now being offered raises, …

Luggage piles join long airport lines in fresh woes for summer travel Read More »

Berlusconi-backed MFE will look at possibility to buy Channel 4 -CFO

COLOGNO MONZESE, Italy (Reuters) – MediaForEurope (MFE), controlled by the family of former Italian prime minister Silvio Berlusconi, will look at Channel 4 when the British TV station is put on sale, MFE’s finance chief Marco Giordani said on Wednesday. Britain’s government set out plans in April to sell Channel 4, the publicly owned and …

Berlusconi-backed MFE will look at possibility to buy Channel 4 -CFO Read More »

British postal workers, train station staff vote to strike

LONDON (Reuters) – British postal workers and train station staff have voted in favour of strike action, their trade unions said on Wednesday, as workers across the economy grapple with employers as surging inflation bites. The Unite union said around 2,400 managers across 1,000 Royal Mail delivery offices had voted to strike in a dispute …

British postal workers, train station staff vote to strike Read More »

Close Bitnami banner
Bitnami