Reuters UK Business

COPENHAGEN (Reuters) -Danish toymaker Lego said on Wednesday it will buy 29 discovery centres from theme park operator Merlin Entertainments in a 200 million pounds ($269.5 million) deal, in line with a strategy to strengthen control over consumer interactions with its brand. The indoor entertainment venues featuring Lego building zones, creative workshops and retail outlets …

Lego buys entertainment centres from Madame Tussauds owner Merlin for $270 million Read More »

By Darya Korsunskaya and Gleb Bryanski MOSCOW (Reuters) -Russia’s finance ministry proposed raising the rate of value-added tax on Wednesday to 22% from 20% in 2026 to fund military spending and help curb a swelling budget deficit, in what would be the fifth year of the war in Ukraine. The proposal comes as U.S. President …

Russian finance ministry proposes raising VAT to help fund Ukraine war Read More »

By Bart H. Meijer, Andres Gonzalez and Christoph Steitz THE HAGUE/LONDON/FRANKFURT (Reuters) -The Dutch government is selling 46% of power grid operator TenneT’s German unit to an investor consortium for up to 9.5 billion euros ($11.3 billion), it said, kicking off the separation from a business it has long been trying to divest. The sale …

Dutch government sells nearly half of TenneT Germany for $11.3 billion Read More »

By Alban Kacher (Reuters) -Belgium’s top administrative court on Wednesday rejected Alstom’s request to suspend national rail operator SNCB’s decision to name CAF as the preferred supplier for its AM30 train contract. “The Council of State estimates, after an interim review, that none of the criticisms made by the company challenging the legality of this …

Belgian court overrules Alstom’s appeal of SNCB’s pick for 1.7 billion euro trains deal Read More »

By Maria Martinez and Christian Kraemer BERLIN (Reuters) -German Finance Minister Lars Klingbeil called on Wednesday for a more “modern” EU budget that channels funds into improving cross-border rail and road links, energy networks, external border security and research. Klingbeil pressed a six-point plan to reboot the European Union’s economy, including a “Buy European” approach …

German finance minister urges EU to ‘Buy European’, embrace joint defence projects Read More »

By America Hernandez (Reuters) -A consortium led by TotalEnergies has won a tender to develop and build a 1.5-gigawatt wind farm off the coast of Normandy, marking France’s largest such project to date. The deal, a last-minute award by the outgoing government that collapsed this month before publishing crucial legislation to launch future energy tenders, …

TotalEnergies wins bid for France’s largest offshore wind farm Read More »