Reuters UK Business Archives - Page 549 of 3179

Chevron-chartered tanker docks at Venezuela to load oil after new US license

12 Aug 2025 12 Aug 2025

By Marianna Parraga and Arathy Somasekhar HOUSTON (Reuters) -A Chevron-chartered tanker docked at Venezuelan state company PDVSA’s Jose terminal on Tuesday, positioning it to be the first to export crude to the United States under a new license Chevron received in July, LSEG tracking data showed. The U.S. Treasury Department late last month authorized Chevron …

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US to retaliate against IMO members that back net zero emissions plan

12 Aug 2025 12 Aug 2025

By Lisa Baertlein, Valerie Volcovici and Enes Tunagur (Reuters) -The U.S. on Tuesday rejected the “Net-Zero Framework” proposal by the International Maritime Organization, which is aimed at reducing global greenhouse gas emissions from the international shipping sector, and threatened measures against countries that support it. The announcement, made in a joint statement by Secretary of …

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Ukraine successfully tests Starlink’s direct-to-cell technology

12 Aug 2025 12 Aug 2025

(Reuters) -Ukraine’s largest mobile operator Kyivstar has successfully conducted the first field test of Elon Musk’s Starlink direct-to-cell satellite technology in Eastern Europe, the company said on Tuesday. The pilot test took place in the Zhytomyr region using Starlink’s direct-to-cell technology, Kyivstar said, with its CEO Oleksandr Komarov and Ukraine’s digital transformation minister Mykhailo Fedorov exchanging …

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Spirit Airlines raises going-concern doubts, months after exiting bankruptcy

12 Aug 2025 12 Aug 2025

By Shivansh Tiwary (Reuters) -Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations, sending its shares tumbling 42%. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a …

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ProSieben investor General Atlantic opts for Czech PPF offer, shuns MFE, sources say

12 Aug 2025 12 Aug 2025

By Alexander Hübner MUNICH (Reuters) -Financial investor General Atlantic has tendered its 2.4% stake in German media group ProSiebenSat.1 to Czech investment company PPF, two people familiar with the matter told Reuters on Tuesday. By taking PPF’s cash offer of 7 euros ($8.17) per share for ProSieben, General Atlantic is going against the endorsement of …

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UK’s Assura shareholders back PHP’s bid over KKR’s cash offer

12 Aug 2025 12 Aug 2025

(Reuters) -Primary Health Properties said on Tuesday it had secured acceptances for 62.9% of Assura shares in its takeover bid for the British healthcare real estate investor, a rare show of investor support in the UK markets amid a wave of private equity buyouts in the recent past. U.S.-based private equity firm KKR and PHP …

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FTSE 100 rises as markets welcome milder US inflation data

12 Aug 2025 12 Aug 2025

(Reuters) -Britain’s blue-chip index climbed on Tuesday as equity markets worldwide cheered a milder U.S. inflation print that kept alive hopes for interest rate cuts in the world’s largest economy. The blue-chip FTSE 100 edged up 0.2%, while the more domestically focused midcap index was down 0.2%. The latest U.S. consumer price index report painted …

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European Union awaits US follow-up on trade deal promises

12 Aug 2025 12 Aug 2025

By Julia Payne BRUSSELS (Reuters) -The European Union could not say when a joint statement on tariffs with the United States would be ready, nor when the White House would issue an executive order on European car import duties, a spokesperson said on Tuesday. The EU and U.S. reached a framework trade agreement at the …

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Boeing’s July aircraft deliveries tumble 20% from June, trailing Airbus

12 Aug 2025 12 Aug 2025

By Dan Catchpole SEATTLE (Reuters) -U.S. planemaker Boeing said on Tuesday that it delivered 48 airplanes in July, down from 60 in June but five more than a year earlier. It was the most deliveries by the company in July since 2017, when it delivered 58 aircraft. Boeing continued to fall further behind European rival Airbus …

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TUI raises profit guidance on record hotel, cruise demand

12 Aug 2025 12 Aug 2025

By Rachel More and Joanna Plucinska BERLIN/LONDON (Reuters) -European travel group TUI raised its annual earnings guidance on Tuesday, based on strong results for the first nine months of its financial year and positive signs for July. Shares in the German company, which warned in May that 2025 could be a challenging year, were up …

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