Reuters UK Business

BBC Studios picks U.S. exec Glashow to head global distribution

14 Feb 2022

LONDON (Reuters) – BBC Studios, the commercial arm of Britain’s BBC, has chosen Rebecca Glashow, currently president of BBC Studios Americas, to head its global distribution from New York, underlining its commitment to the U.S. market. Glashow will lead on global distribution outside Britain and Ireland, encompassing content sales, direct-to-consumer services, international channels, co-productions and …

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Activist Bluebell Capital charts plan for Glencore coal spin-off

14 Feb 2022

(Reuters) – Activist investor Bluebell Capital Partners has proposed a new structure for Glencore that would allow the miner to separate its thermal coal business and still maintain control of the spin-off, a letter showed on Monday. In November, Bluebell asked Glencore to separate the unit to allow more investors to buy the stock, but …

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Ukraine’s UIA airline says insurance firms end its cover in Ukrainian airspace

14 Feb 2022

KYIV (Reuters) – Ukraine International Airlines, the country’s biggest carrier, said on Monday it had received official notification from insurers terminating cover of aircraft for its flights in Ukrainian airspace, amid escalating tension with Russia. “UIA is making efforts and is constantly negotiating with insurance companies, the Ministry of Infrastructure of Ukraine, the state aviation …

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Greece expected to sign off on key privatisation deals by year-end – source

14 Feb 2022

ATHENS (Reuters) – Greece is set to sign off this year on a long-term concession for its longest highway and a gas company sale, helping it meet an annual 2.2 billion euro ($2.49 billion) revenue target from state assets, a Greek source close to the talks said on Monday. A consortium of GEK Terna and …

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Exclusive-EU likely to intensify fact-finding on Gazprom – source

14 Feb 2022

By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are likely to intensify information gathering on Gazprom’s European businesses, said a person familiar with the regulator’s thinking, amid Europe’s gas supply crisis. Last month EU antitrust chief Margrethe Vestager said she had asked gas companies including Gazprom about tight supplies after accusations the Russian …

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UK’s National Grid to get grid stability services from renewables for first time

14 Feb 2022

LONDON (Reuters) – Britain’s National Grid said on Monday it will be able to obtain grid stability services from renewable power generators for the first time, in the path to decarbonising the power sector and as more fossil fuel generators go offfline. Britain has a target to reach net zero emissions by 2050 which will …

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