Reuters UK Business

By Jacob Gronholt-Pedersen COPENHAGEN, August 28 (Reuters) – Toymaker Lego said on Wednesday it was on track to replace the fossil fuels used in making its signature bricks with more expensive renewable and recycled plastic by 2032 after signing deals with producers to secure long-term supply. Lego, which sells billions of plastic bricks annually, has …

Lego to replace oil in its bricks with pricier renewable plastic Read More »

By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to double its hybrid lineup to counter a slowdown in global electric vehicle demand. Hyundai, the world’s No. 3 automaker by sales along …

Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup Read More »

(Reuters) – Ukraine will temporarily suspend payments on GDP warrants starting from May 31, 2025, a government decision published on the official website said. According to the document, Kyiv will also temporarily suspend payments for loans from Cargill Financial Services International, Inc., starting from Sept. 3, and on government-guaranteed bonds of Ukrainian power firm Ukrenergo …

Ukraine to temporarily suspend payments on GDP warrants next year, government says Read More »

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings report to spark a more than $300 billion swing in the shares of the world’s most dominant artificial intelligence chipmaker. Options pricing shows that traders anticipate a move of around 9.8% in the company’s shares …

Nvidia results could spur record $300 billion swing in shares, options show Read More »

(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 …

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

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 …

Thousands of workers at UK retailer Next win equal pay case Read More »

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 …

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

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 …

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