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Ukraine’s Naftogaz says new solutions needed to secure energy supplies

(Reuters) – The CEO of Ukraine’s largest state energy company Naftogaz, Oleksiy Chernyshov, said on Tuesday that new solutions are needed for the energy security of Ukraine and Slovakia. “For now, a priority is to implement new solutions for the energy security of our countries. It is about new suppliers and, in the future, about …

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Thousands of workers at UK retailer Next win equal pay case

LONDON (Reuters) – More than 3,500 current and former shop workers at British retailer Next have won a six-year legal fight for equal pay, lawyers representing the claimants said on Tuesday. An Employment Tribunal ruled that Next had failed to show that paying its sales consultants, who are overwhelmingly women, lower pay rates than its …

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Travel, banking stocks lift European shares with data in focus

By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -Gains in banking stocks and airlines lifted European shares on Tuesday, though trading remained cautious ahead of key economic data later this week. The travel and leisure and banking sectors were the top gainers for the day, rising 0.7% and 0.9% respectively. The pan-European STOXX 600 index …

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Oasis reunion drums up multi-million pound boost to UK hospitality industry

By Yadarisa Shabong and Kate Holton (Reuters) – Britain’s hospitality industry is gearing up for a multi-million pound boost from the Oasis concerts next summer after brothers Noel and Liam Gallagher announced plans to reunite for a series of gigs. “The Oasis tour is likely to join the likes of Taylor Swift, Harry Styles and …

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BBVA’s Colombian unit issues ordinary shares worth $217.9 million

BOGOTA (Reuters) – The Colombian unit of bank BBVA has issued ordinary shares worth 877 billion pesos ($218 million), the Colombian stock exchange said in a statement on Tuesday. The Colombian unit issued 3.24 billion shares at a price of 270 pesos each in an initial tranche, the statement said, adding that a further 152.7 …

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FTSE 100 rises on travel and mining boost; Bunzl hits record high

By Khushi Singh and Ankika Biswas (Reuters) -UK’s benchmark FTSE 100 stock index ended higher on Tuesday, led by gains in travel and mining shares, while Bunzl hit a record high after the business supplies distributor forecast a strong annual profit. The blue-chip FTSE 100 index was up 0.2%, marking its fourth straight day of …

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UK’s Harbour Energy to close Wintershall Dea asset deal in September

(Reuters) -Britain’s Harbour Energy said on Tuesday it expects to complete the acquisition of Wintershall Dea’s assets in early September, versus its previous forecast of early in the fourth quarter of the year. Harbour’s shares were up 7.2% at 301.10p in morning trade. The largest British North Sea oil and gas producer said it has …

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Telegram boss to stay in French custody as Russia alleges US meddling

By Tassilo Hummel PARIS (Reuters) – Telegram boss Pavel Durov could be held in police custody until Wednesday after French prosecutors said they had granted extra time for questioning, while a senior ally of Russian President Vladimir Putin alleged Washington was behind his arrest. Durov, a Russian-born billionaire, was arrested in France over the weekend …

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UK’s Bunzl lifts profit outlook on robust demand, shares hit record high

By Yamini Kalia (Reuters) – Britain’s Bunzl raised its annual adjusted operating profit forecast on Tuesday, benefiting from acquisitions and demand for its own brand business supplies, lifting it shares to a record high. Bunzl’s shares rose by as much as 12% in early trading and were up 10.6% to 3,558 pence at 0743 GMT. …

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