BERLIN (Reuters) – Tesla has submitted an application to build on a further 100 hectares east of its plant in Germany, expanding the site’s area by a third, local newspaper rbb reported on Thursday, citing the local mayor. The electric carmaker, which already has 300 hectares of land for its auto factory and battery plant …
Tesla submits application to expand German plant – rbb Read More »
ROME (Reuters) – Italy aims to free grain exports blocked in Black Sea ports, Prime Minister Mario Draghi told reporters on Thursday following a phone call he held with Russian President Vladimir Putin. “The first initiative one could begin to explore is to see whether a cooperation between Russia and Ukraine to unblock Black Sea …
Italy aims to unblock grain exports at Black Sea ports Read More »
By Shadia Nasralla LONDON (Reuters) – The British government’s 5 billion pound ($6.29 billion) windfall tax plan for oil and gas producers includes an incentive for those producers to pump more fossil fuels, riling climate activists who had called for the tax. Tax bills for oil and gas producers, including the new additional 25% levy …
UK tax plan incentivizes oil, gas producers to pump more fossil fuels Read More »
LONDON (Reuters) -Low-cost carrier easyJet said an IT problem that caused it to cancel around 200 flights on Thursday had been resolved, but its programme could be disrupted for the rest of the day. “EasyJet can confirm that the earlier IT systems issues have now been rectified,” the British airline said. “Unfortunately, they resulted in …
EasyJet says 200 flights cancelled due to IT issues Read More »
By William James and Andy Bruce LONDON (Reuters) – Britain announced a 25% windfall tax on oil and gas producers’ profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for households struggling to meet soaring energy bills. The move, which will give each UK household a 400 pound discount on their …
UK imposes 25% energy windfall tax to help households as bills surge Read More »
By Guy Faulconbridge LONDON (Reuters) -President Vladimir Putin said on Thursday that he was glad some foreign companies had left Russia because home-grown businesses could take their place, and he warned the West that Moscow would still find ways to acquire advanced technology and luxury goods. Putin has cast the invasion of Ukraine as a …
Putin says ‘Thank God’ some foreign companies have left Russia Read More »
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Although cancer screening and diagnosis was hit by the coronavirus pandemic, resulting advances in medical technology and greater diversity in clinical trials could help treatments in the future, an AstraZeneca executive said. Testing and diagnosis rates for cancer dropped by 15% to 25% over …
Cancer treatments may benefit from lessons of pandemic set-backs -AstraZeneca executive Read More »
ATHENS (Reuters) – Greece’s biggest power utility Public Power Corp. (PPC) reported on Thursday a 24.6% drop in core profit for the first quarter due to higher spending for gas purchases and to offset carbon emissions. PPC said earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 170 million euros ($182.22 million) in …
Quarterly profit at Greece’s Public Power Corp plunges on higher energy, CO2 costs Read More »
By Sruthi Shankar and Amal S (Reuters) -The UK’s top share index rose on Thursday on the back of gains in banks, but shares of utilities slumped after Britain announced a 25% windfall tax on oil and gas producers’ profits. The blue-chip FTSE 100 was up 0.6%, with banks leading the gains with a 1.4% …
FTSE 100 rises as banks gain; windfall tax threatens utilities Read More »
By Lucy Towers and Alistair Smout WEST DRAYTON, England (Reuters) – At west London’s Hooked Fish and Chips, Bally Singh is struggling to keep the tills ringing for a British tradition, with prices sky-rocketing for fish, potatoes, cooking oil and even the flour used for the batter the dish is cooked in. Cranking up their …
The end of fish and chips? Rising prices threaten a British tradition Read More »
