Reuters UK Business

PARIS (Reuters) -A wave of cancellations, cost pressures and policy uncertainty have thinned the low-emissions hydrogen project pipeline and cut 2030 projected development by nearly a quarter, the International Energy Agency said on Friday. About 37 million metric tons per year of the low-carbon fuel is expected to be produced by 2030, down from 49 …

IEA cuts 2030 low-emissions hydrogen production outlook by nearly a quarter Read More »

By Johann M Cherian and Tristan Veyet (Reuters) – European shares ended the week on a strong note but were a little lower on Friday as investors turned cautious ahead of Fitch’s credit rating decision on France later in the day. The pan-European STOXX 600 ended 0.11% lower at 554.74 points, as healthcare led sector …

STOXX 600 slips as French rating review looms; still ends week higher Read More »

By Foo Yun Chee and Makini Brice BRUSSELS (Reuters) – Microsoft avoided a potentially hefty EU antitrust fine by promising reduced prices for Office products excluding its Teams app, a move on Friday that comes as Brussels increases scrutiny of U.S. tech giants. The case was triggered by a 2020 complaint from Salesforce-owned Slack Technologies …

Microsoft swerves EU antitrust fine with price deal for unbundled Teams Read More »

OSLO (Reuters) – Norway’s sovereign wealth fund has excluded French mining group Eramet from its portfolio on ethical grounds, a spokesperson for the fund’s operator, Norges Bank Investment Management (NBIM), said on Friday. The fund held a 0.44% stake in Eramet worth $6.8 million as of June 30, according to fund data. The divestment was …

Norway’s sovereign wealth fund excludes miner Eramet from portfolio on ethics grounds Read More »

ZURICH (Reuters) -Swiss watchmaker Swatch has begun selling a special edition watch with the numbers three and nine reversed on its face in a play on the 39% tariffs President Donald Trump imposed on U.S. imports from Switzerland last month. The tariffs – among the highest set by Trump worldwide – were met with shock …

Swatch sells watch lampooning Trump’s 39% tariffs on Switzerland Read More »

By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission will bring forward a review of its 2035 zero CO2 emission target for cars and vans to the end of this year from 2026, in response to automakers’ appeals that a total shift to electric vehicles is no longer feasible. The European Union has set a …

EU brings forward review of 2035 zero emission vehicles target Read More »