(Reuters) – UK’s Clipper Logistics said on Monday it has agreed to be taken over by U.S. peer GXO Logistics in a cash-and-stock deal worth $1.3 billion. The British logistics retailer said GXO intends to offer Clipper shareholders a mix-and-match option to choose the proportions in which they receive new GXO shares and cash. The …
GXO Logistics to buy UK peer Clipper in $1.3 billion deal Read More »
(Reuters) -The UK is set to reject Canadian hormone-treated beef in trade talks, The Telegraph newspaper reported on Sunday. (https://bit.ly/33AvnMx) Maintaining the UK’s high food safety and animal welfare standards is a “red line” in all trade negotiations with the UK and that all food and drink products coming into the UK must comply with …
UK set to reject Canada’s hormone beef demands in trade talks setback -The Telegraph Read More »
(Reuters) – Digital marketing group Next Fifteen Communications plc is in advanced talks to acquire rival Engine Group’s British operations, Sky News reporter Mark Kleinman tweeted on Sunday. (https://bit.ly/3s6dVsN) Next Fifteen Communications plans to partly fund the deal by selling new shares, Kleinman’s tweet added. (Reporting by Anirudh Saligrama in Bengaluru; Editing by Toby Chopra)
MILAN (Reuters) – Italy’s former phone monopoly Telecom Italia on Sunday dismissed as “unfounded and harmful for the group” a newspaper report concerning financial targets in a plan new Chief Executive Pietro Labriola is working on. A report in daily Il Messaggero said Labriola would set very conservative targets, pointing to a decline in revenues …
Telecom Italia dismisses press report on new plan’s targets Read More »
By Julia Love and Helen Coster (Reuters) -Donald Trump’s new social media venture, Truth Social, appears set to launch in Apple’s App Store on Monday, according to posts from an executive on a test version viewed by Reuters, potentially marking the return of the former president to social media on the U.S. Presidents Day holiday. …
PARIS (Reuters) – Air France-KLM has gained shareholder approval for its proposed capital increase and is ready to move swiftly, French financial newspaper Les Echos reported on Sunday. The airline had announced on Thursday that it plans to raise up to 4 billion euros ($4.6 billion) as it seeks to repay state pandemic handouts, but …
Air France-KLM ready to move swiftly with capital increase, Les Echos reports Read More »
By Lisa Barrington DUBAI (Reuters) – The United States and the United Arab Emirates are seeking an additional $4 billion of global investment in an initiative launched last year to make agriculture resilient to climate change and reduce its emissions, a U.S. official said on Sunday. The two countries launched the Agriculture Innovation Mission for …
Exclusive-U.S.-UAE push for another $4bln in farming climate change investment Read More »
MOSCOW (Reuters) – Eastbound natural gas flows via the Yamal-Europe pipeline, which usually travel west from Russia to Europe, continued in reverse mode over the weekend, with volumes slightly higher than on Friday, data from German network operator Gascade showed. This is the ninth week since Dec. 21 that the link between Poland and Germany …
Eastbound gas flows via Yamal-Europe pipeline up slightly over weekend Read More »
(This Feb. 18 story has been refiled to fix spelling of Philipp in paragraph 13) By Emma-Victoria Farr and Alexander Hübner (Reuters) – German artificial limb maker Ottobock is waiting until September to launch its multibillion-euro stock market listing because of choppy financial markets, four people with knowledge of the matter said. Many investors had …
Germany’s Ottobock to wait until September to list amid choppy markets – sources Read More »
MILAN (Reuters) – KKR could block any move by Telecom Italia (TIM) to carve out a network company by vetoing a transfer of last-mile landline unit FiberCop, La Stampa reported on Saturday. The U.S. investment fund, which owns 37.5% of FiberCop, last year made a 10.8 billion euro ($12.2 billion) bid for Telecom Italia but …
KKR ready to veto any Telecom Italia plan to carve out network – paper Read More »
