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Orsted resumes work on US offshore wind farm after stop-work order lifted

COPENHAGEN (Reuters) -Denmark’s Orsted said on Wednesday it had resumed work on a U.S. offshore wind project after a federal judge on Monday ruled it could restart construction while the Trump administration’s legal case to fully halt the project continues. The U.S. Bureau of Ocean Energy Management issued a stop-work order on August 22 for …

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Factbox-How many banking deals have been struck in Italy in the past year?

By Andrea Mandala and Valentina Za MILAN (Reuters) -Italy’s financial sector is being swept by a round of consolidation. Following is a summary of the deals that have gone though and the offers that have fallen through. 1. MONTE DEI PASCHI DI SIENA – MEDIOBANCA The Tuscan bank on Monday ended its 16 billion-euro ($19 …

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MOL, Croatia’s Janaf in dispute over Adriatic pipeline’s capacity to supply oil

BUDAPEST (Reuters) -Fresh tests on the Adriatic pipeline by Hungarian oil group MOL and Croatian operator Janaf have not yet verified that the pipeline can supply Hungary and Slovakia with enough oil, MOL said on Wednesday. Hungary and Slovakia are the two EU members that still mostly depend on Russian oil delivered via the Druzhba …

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Tether names ex-Google, Limestone executive as chief business officer

(Reuters) -Crypto giant Tether has appointed Benjamin Habbel as its chief business officer, the company said on Wednesday, as it looks to broaden its investments beyond digital assets. Habbel, who served as CEO of private equity firm Limestone Capital and held senior roles at Google, will oversee Tether’s growth strategy, finance, investment and portfolio expansion. …

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Jimmy Kimmel defends free speech as he returns to late-night television from suspension

By Dawn Chmielewski, Steve Gorman and Jane Ross LOS ANGELES (Reuters) -Jimmy Kimmel returned to U.S. late-night television on Tuesday defending political satire against Trump administration “bullying”, six days after his on-air remarks about the murder of right-wing activist Charlie Kirk led Walt Disney to suspend his show. Disney’s decision to cut short Kimmel’s exile …

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Poland’s gas storage hits 100%, highest in EU, minister says

WARSAW (Reuters) -Poland’s gas storage facilities are now 100% full, Energy Minister MiƂosz Motyka said on Wednesday. “Gas storage in Poland is 100% full! This is the highest level of storage capacity among all EU countries. It is also a guarantee of energy security and real protection against crises,” Motyka wrote on X. Poland continues …

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Gerresheimer shares tank as financial regulator suspects accounting flaws

BERLIN (Reuters) -Shares in medical equipment maker Gerresheimer plunged as much as 38% on Wednesday after Germany’s financial regulator said it was investigating suspected accounting rule violations. Watchdog BaFin said it would review Gerresheimer’s financial statements as of November 30, 2024, adding the company may have recognised revenue for some contracts with customers before the …

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TotalEnergies considers smaller buybacks in 2026

(Reuters) -French oil major TotalEnergies will consider scaling back its share buyback programme next year, it said on Wednesday, citing an uncertain economic and geopolitical environment. The company’s board said it has approved quarterly buybacks worth between $0.75 billion and $1.5 billion in 2026, assuming Brent crude prices of between $60 and $70 per barrel, …

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Italian government has not discussed freezing retirement age, PM says

ROME (Reuters) -The Italian government has not discussed plans to freeze the retirement age at 67, Prime Minister Giorgia Meloni told reporters on Wednesday. She was responding to reporters about a report in the Financial Times that said the government was considering this option as part of its 2026 budget measures currently under discussion. (Reporting …

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