MILAN (Reuters) -Lazio and its majority shareholder on Monday denied online speculation that the Italian Serie A soccer club may be on sale, reacting to social media and online reports about negotiations with Qatari investors. “No offer, expression of interest, or proposal — formal or informal — has ever been received from Qatari funds or …
Italy’s Lazio denies talk of sale negotiations with Qatari funds Read More »
(Reuters) -Construction engineering firm Costain said on Monday that it has been selected as a contractor by a nuclear decommissioning firm, and that the British company’s share of the order is valued at up to 1 billion pounds ($1.33 billion). Costain’s shares jumped 8% in early trading. The partnership with Sellafield Ltd involves a nine-year …
UK’s Costain gets up to $1.3 billion nuclear utilities contract Read More »
By Amanda Cooper LONDON (Reuters) -The pound rose on Monday, getting a tailwind from a degree of relief that U.S. President Donald Trump may not make good on his threat last week to hit Chinese goods with 100% tariffs, which gave risk-linked assets a boost. In a lengthy post on his Truth Social network on …
Sterling gets a lift as nerves over US-China tariffs recede Read More »
(Reuters) -British lender Shawbrook plans to raise 50 million pounds ($66.7 million) from the issue of new shares in its London initial public offering (IPO), the company said on Monday. The IPO will also comprise of existing shares sold by its sole shareholder, Marlin Bidco. In addition, Shawbrook expects that up to a further 15% of …
Britain’s Shawbrook to raise $67 million via London listing Read More »
(Reuters) -German wholesale prices rose by 1.2% in September compared with the same month last year, according to data released by the federal statistics office on Monday. The office offers more detailed economic data on its website. (Reporting by Tristan Veyet in GdanskEditing by Ludwig Burger)
By Stephanie Kelly LONDON (Reuters) -Spanish energy company Moeve has become the first external supplier of sustainable aviation fuel to join Shell’s blockchain-based platform for scaling SAF use, the oil major told Reuters after a deal was signed. Shell’s Avelia platform is a “book and claim” system that aims to connect airlines, fuel suppliers and …
Moeve joins Shell’s platform to scale sustainable jet fuel Read More »
SINGAPORE (Reuters) -Portuguese utilities firm EDP expects to accelerate its solar and battery storage projects in Australia after securing government awards for long-term revenue generation, the company said on Monday. Its subsidiary EDP Renewables Australia was awarded generation revenue schemes under the government’s Capacity Investment Scheme (CIS) for two projects that will add more than …
EDP to accelerate solar, battery projects in Australia after government awards Read More »
By William Schomberg LONDON (Reuters) -Chief financial officers at major British companies are the most worried about competitiveness and productivity in at least 11 years, according to a survey that echoed other measures of corporate concern ahead of finance minister Rachel Reeves’ budget. The survey, published by accountancy firm Deloitte on Monday, did show geopolitical …
UK CFOs worry about competitiveness and rising costs, Deloitte says Read More »
By William Schomberg LONDON (Reuters) -British finance minister Rachel Reeves should use her budget in November to carry out a long overdue reform of the taxation system which could help her to raise more revenue while limiting the hit to the economy, a think tank said on Monday. The Institute for Fiscal Studies urged Reeves …
UK’s Reeves should use budget to reform tax system, IFS says Read More »
(Corrects company name in headline to Vulcan Energy, not Vulcan Resources) (Reuters) -Vulcan Energy said on Monday that it has signed an agreement with Glencore to supply the mining giant with lithium hydroxide monohydrate from its Lionheart Project in Europe. The company will supply Glencore with between 36,000 tonnes and 44,000 tonnes of lithium hydroxide …
Australia’s Vulcan Energy inks agreement to supply Glencore with lithium Read More »
