By Gram Slattery (Reuters) – Shell and Brazil’s Porto do Açu have agreed to jointly build a green hydrogen plant, executives told Reuters, a deal that could result in the debut of the up-and-coming technology in South America’s largest nation. Under the terms of a memorandum of understanding signed on Thursday and first disclosed to …
Shell to partner with Brazil’s Açu to build green hydrogen plant Read More »
By Simon Jessop LONDON (Reuters) – Schroders, Britain’s biggest listed asset manager, said on Wednesday it would back a swathe of shareholder resolutions at Amazon, Meta and Google-owner Alphabet concerning workers’ and digital rights. Schroders, which manages around 730 billion pounds ($905.64 billion), said it was declaring its intention to vote against management on the …
Schroders to oppose Amazon, Meta, Alphabet over worker, digital rights Read More »
GDANSK (Reuters) – CD Projekt said on Thursday it plans to release its delayed Witcher 3 game for next generation consoles in the fourth quarter after guidance from its production team. Poland’s biggest video game maker had planned to release “The Witcher 3: Wild Hunt” for next generation consoles in the second quarter, but this …
Witcher 3 set for next generation console release in fourth quarter Read More »
By Sruthi Shankar (Reuters) -UK’s FTSE 100 tumbled on Thursday as investors globally fretted over the broadening impact of inflation on economic growth and corporate profits, while Royal Mail slumped after reporting disappointing results. The export-oriented FTSE 100 dropped 1.8%, joining a rout in global markets, with the stronger pound weighing on consumer companies. Unilever, …
London’s FTSE 100 tumbles on global slowdown worries Read More »
By Yadarisa Shabong (Reuters) -Royal Mail missed annual profit expectations on Thursday and said meeting forecasts this year hinged on its main labour union agreeing a pay deal it has so far rejected, angering the union and sending the British group’s shares nearly 15% lower. The Communication Workers Union (CWU), which represents more than a …
Royal Mail tumbles as it blames union dispute for shaky profit outlook Read More »
By Benjamin Mallet, Dominique Vidalon and Christian Lowe PARIS (Reuters) -France’s EDF warned that nuclear outages would cost it 4.5 billion euros ($4.72 billion) more than it estimated earlier this month, sending shares in the state-controlled power utility down more than 2% on Thursday. The outages at its nuclear power plants are largely related to …
EDF issues another profit warning over reactor outages Read More »
LONDON (Reuters) – British consumer spending on credit and debit cards slowed last week after a rebound the previous week when a public holiday boosted spending, while restaurant reservations also fell, the Office for National Statistics said on Thursday. Card spending in the week to May 12 fell to 104% of its pre-pandemic February 2020 …
By Paul Sandle LONDON (Reuters) -Low-cost carrier easyJet said it was “in the right place” to meet pent-up demand for summer flights, with bookings above pre-pandemic levels in the last 10 weeks and sold ticket yields for the fourth quarter 15% higher than in 2019. Chief Executive Johan Lundgren said easyJet was “absolutely focused” on …
EasyJet ‘in right place’ to meet demand for summer flights Read More »
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Deutsche Bank begins a new epoch on Thursday as Chairman Paul Achleitner leaves after a rocky decade during which Germany’s largest lender lost billions and saw its share price plummet. If all goes to plan at Deutsche’s annual general meeting on Thursday, Alexander Wynaendts, a Dutch former …
Deutsche Bank enters new era as chairman’s rocky decade ends Read More »
By Emma-Victoria Farr and Sachin Ravikumar FRANKFURT (Reuters) -Canada’s Brookfield Asset Management has agreed to buy British home repair services firm HomeServe for 4.08 billion pounds ($5.04 billion), as it looks to broaden its exposure to UK residential infrastructure investments. News of the recommended cash deal, which adds to Brookfield’s $725 billion portfolio of alternative …
Canada’s Brookfield buys Britain’s HomeServe for $5 billion Read More »
