By Alex Lawler LONDON (Reuters) – Iranian oil exports have risen to more than 1 million barrels per day for the first time in almost three years, based on estimates from companies that track the flows, reflecting increased shipments to China. Tehran’s oil exports have been limited since former U.S. President Donald Trump in 2018 …
As nuclear talks resume, Iran’s oil exports increase Read More »
By Mathieu Rosemain PARIS (Reuters) -Atos’ new Chief Executive Rodolphe Belmer vowed on Thursday to start over with a clean slate after the French IT consulting group took total writedowns of 2.4 billion euros ($2.7 billion) in the second half of 2021. The announcement drove the shares down 4.5% on the Paris stock market, meaning …
Atos’ new boss aims to start with clean slate after $2.7 billion in writedowns Read More »
DAKAR (Reuters) -The European Union has earmarked over 150 billion euros ($170 billion) for investments in Africa under a global fund launched to offer an alternative to Chinese money, the European Commission said on Thursday. The investment would take up half of the EU’s 300-billion-euro Global Gateway scheme, which that was launched in December with …
EU earmarks 150 billion euros for investment in Africa Read More »
By David Milliken LONDON (Reuters) -The European Union should not have set a time limit on how long clearing houses in Britain can continue serving customers in the bloc, Bank of England Governor Andrew Bailey said on Thursday. Bailey told an annual dinner for British financial services lobby TheCityUK that he welcomed this week’s EU …
BoE’s Bailey sees no need for EU time limit on euro clearing access Read More »
LONDON (Reuters) – Deliveroo will trial its “Deliveroo Hop” rapid grocery service with supermarket Waitrose, with a delivery-only store opening in Bermondsey, London, later this month, Waitrose said on Thursday. Waitrose has an existing partnership with Deliveroo to deliver food from 150 Waitrose shops across Britain. The “Hop” service will cut delivery times to as …
Deliveroo to trial ‘Hop’ rapid delivery with Waitrose Read More »
By Shashank Nayar and Sruthi Shankar (Reuters) -Britain’s blue-chip index closed higher on Thursday, boosted by AstraZeneca’s gains following an upbeat sales forecast, while strong metal prices lifted mining stocks to their highest in more than a decade. The FTSE 100 index rose 0.4% and the gauge of industrial miners’ performance hit its highest since …
UK stocks close higher on AstraZeneca, mining boost Read More »
LONDON (Reuters) – Britain’s Vodafone on Thursday rejected a preliminary approach for its Italian business from France’s Iliad and Apax Partners worth more than 11 billion euros, the first public skirmish in what could be a new wave of European telecoms deal making. Vodafone boss Nick Read, under pressure from new investor Cevian Capital and …
Vodafone rejects $13 billion Iliad, Apax approach for Italian business Read More »
By Shreyashi Sanyal and Ambar Warrick (Reuters) -European shares ended slightly lower on Thursday as rising bond yields and weak results from France’s Atos dampened the tech sector, although positive Linde and Siemens earnings along with improving trends for travel stocks helped limit broader losses. The pan-European STOXX 600 index closed 0.2% lower, with the …
European shares edge lower as rising yields, weak results rattle tech Read More »
FRANKFURT (Reuters) -Activist investor Teleios, which holds a 6% stake in Germany’s Aareal Bank, on Thursday called for the resignation of the lender’s chairman in a letter https://www.teleioscapital.com/documents/2022-02-10-Teleios-Letter-to-the-Board-of-Aareal.pdf addressed to the supervisory board. Aareal, which is reeling from a $2.1 billion buyout attempt that failed last week, responded that the issues raised in the letter …
Investor calls for resignation of chair of Germany’s Aareal Bank Read More »
By Richa Naidu and Ross Kerber LONDON / BOSTON (Reuters) – The board of Ben & Jerry’s aims to work out a “new arrangement” for sales in Israel before the end of the year, Unilever PLC’s CEO said on Thursday, after the U.S.-based independent ice cream brand last year committed to halting sales in Israeli-occupied …
Unilever expects new Ben & Jerry’s ‘arrangement’ for Israel by year-end Read More »
