Reuters UK Business

(Reuters) – TotalEnergies SE agreed to buy U.S. solar company SunPower Corp’s Commercial and Industrial Solutions business (CIS) for $250 million, the French group said on Thursday. The deal will allow TotalEnergies to extend its distributed generation business footprint to the United States and develop over 100 MW of additional capacity per year, the group …

TotalEnergies to buy SunPower’s commercial and industrial business for $250 million Read More »

By Stephanie Nebehay BELLINZONA, Switzerland (Reuters) -A former Credit Suisse banker testifying in a cocaine money laundering trial on Wednesday said she had followed the instructions of her bosses in doing business with associates of a Bulgarian customer after he was shot dead in Sofia. In the first criminal trial of a major bank in …

Ex-Credit Suisse banker says took lead from bosses in Bulgarian cocaine-cash case Read More »

LONDON (Reuters) -Credit Agricole SA beat its 2022 profit target a year early as lower costs for troubled loans and rising revenues across business lines boosted fourth-quarter results beyond consensus, France’s second-biggest listed bank said on Thursday. The lender said it would present a new strategic plan for 2025 on June 22 after underlying net …

France’s Credit Agricole beats profit target a year early Read More »

LONDON (Reuters) – Surging demand by British employers for staff lost a bit of momentum in January when hiring rose at the slowest rate for nine months, although pay growth remained strong, a survey showed on Thursday. With the Bank of England worried about over-heating in the labour market, the Recruitment and Employment Confederation (REC), …

UK’s hot labour market cools a touch in January – REC survey Read More »

LONDON (Reuters) – Already rapid house price growth in Britain hit a new six-month high in January but momentum in the housing market could soon fade because of a growing cost-of-living squeeze, a closely-watched survey showed on Thursday. The Royal Institution of Chartered Surveyors (RICS) said a net balance of +74% of its members reported …

UK housing market heats up in January despite cost pressures – RICS Read More »

LONDON (Reuters) – British retailers have cancelled 7.1 billion pounds ($9.6 billion) in contracts over the last 12 months with suppliers that do not meet their ethical and sustainability standards, according to a report from Barclays Corporate Banking. The report, published on Thursday, found that the COVID-19 pandemic and an increasing focus on environment, sustainability …

UK retailers cut $10 billion of contracts from unethical suppliers – Barclays Read More »