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OSLO (Reuters) – Norwegian companies expect economic growth to slow in the coming six months, a central bank survey showed on Tuesday, driven by high inflation, capacity constraints and expected higher interest rates dampening demand. “Constraints have become increasingly widespread across all sectors in the course of spring, except retail trade where somewhat more enterprises …

Norway firms see growth slowing in next six months, survey says Read More »

By Juliette Portala (Reuters) – Legal & General Investment Management said on Tuesday it had voted against chairs at 80 companies this year for failing to meet its minimum climate change standards, down 35% from last year after it found more businesses had laid out decarbonisation ambitions. Firms in the oil and gas, banking and …

Britain’s LGIM votes against fewer companies for climate failures Read More »

BRUSSELS (Reuters) -Ryanair Group Chief Executive Michael O’Leary said on Tuesday bookings at Europe’s biggest budget airline are strengthening and he expects summer fares to be between 7% and 9% higher than pre-pandemic levels. Speaking to Reuters, he said the load factor, a measure of how well an airline is filling available seats, should be …

Ryanair CEO says summer fares will be up 7%-9% on 2019 levels Read More »

(Reuters) -British homebuilders Bellway and Crest Nicholson Holdings said on Tuesday upbeat house prices spurred by strong demand will continue to offset higher costs, brushing aside any slowdown concerns in the housing market. UK house prices have continued to rise, underpinning the booming demand for new homes in an undersupplied market, although the pace of …

UK’s Bellway, Crest Nicholson bet on home prices to offset higher costs Read More »

By Kylie MacLellan LONDON (Reuters) -Britain told the European Union on Tuesday there was no reason for it to take legal action over London’s plan to override some post-Brexit trade rules for Northern Ireland, which Brussels has said may breach international law. Britain published legislation on Monday which would scrap checks and challenge the role …

UK says no reason for EU to take legal action over N. Ireland law Read More »

By Mathieu Rosemain PARIS (Reuters) -French IT company Atos spooked investors on Tuesday with a plan to split its operations and sell assets as well as the departure of CEO Rodolphe Belmer, sending its shares plunging by more than 25%. The departure of Belmer, who took over in January, follows weeks of reports of board …

Day of reckoning for Atos as split-up plan, CEO exit spook investors Read More »

BERLIN (Reuters) – Germany’s cartel office is looking into Apple’s rules on tracking for third-party apps to see whether they give the U.S. tech giant preferential treatment or hinder other companies, it said on Tuesday. A spokesperson for Apple said the company would work constructively with the cartel office to resolve any issues and discuss …

German cartel office examining Apple’s tracking rules Read More »