(Reuters) -British online fashion retailer ASOS on Tuesday named Aaron Izzard, director of group finance, as its new CFO as the current finance boss, Dave Murray, will be stepping down on June 30 to pursue other opportunities. Murray, a former Amazon executive who joined ASOS as CFO in April 2024, will remain with the company …
(Reuters) -British construction company Morgan Sindall on Tuesday said it expects annual pre-tax profit to be significantly ahead of previous expectations, backed by strong growth in its construction and fit out divisions. “Fit Out’s strong trading activity experienced at the start of the year has continued, providing increased visibility for the rest of the year,” …
UK’s Morgan Sindall expects annual profit to track ahead of expectations Read More »
By Simon Jessop, Virginia Furness and Kate Abnett LONDON (Reuters) -A U.N. push for investment to protect the world’s oceans yielded around $10 billion in deals at a conference last week, way below the estimated annual need as many investors seek clearer regulation on ocean management before committing funds. While political leaders at the United …
Investors want clear ocean management rules to scale up funding Read More »
By Florence Tan KUALA LUMPUR (Reuters) -The chief executive of top energy trader Vitol expects a slight reduction in U.S. oil production this year due to lower prices, he said on Tuesday. “With slightly lower prices … we’re beginning to see some impact on investment and production. And there’s nowhere more obvious for that than …
Vitol CEO expects slight drop in US oil output this year due to lower prices Read More »
A look at the day ahead in European and global markets from Ankur Banerjee Investor hope of a quick resolution to the Israel-Iran conflict was swiftly dashed after the long-time rivals attacked each other again and U.S. President Donald Trump urged Iranians to evacuate Tehran. That, along with Trump reportedly calling the U.S. national security …
By Jarrett Renshaw and Andrea Shalal KANANASKIS, Alberta (Reuters) -U.S. President Donald Trump signed an agreement on Monday formally lowering some tariffs on imports from Britain as the countries continue working toward a formal trade deal. The deal, announced by Trump and British Prime Minister Keir Starmer on the sidelines of the G7 Summit in …
US and UK announce a trade deal, but steel imports unresolved Read More »
By Supantha Mukherjee STOCKHOLM (Reuters) -The Swedish Armed Forces on Tuesday joined Telia and Ericsson’s 5G innovation program to strengthen military communications, logistics, security and support interoperability within the NATO alliance. Telecom operator Telia and mobile gear maker Ericsson partnered in 2023 to start the NorthStar 5G innovation program to experiment on the latest 5G …
Swedish military joins Telia, Ericsson to boost defense tech Read More »
LONDON -London’s Oxford Street, one of Britain’s busiest and most famous shopping districts, will be pedestrianised, Mayor of London Sadiq Khan said on Tuesday, in a move designed to smarten up the area and create a new public space to help drive growth. The plan to rid Oxford Street of cars and buses, which has …
London’s Oxford Street to go traffic-free in shopping area makeover, says mayor Read More »
PARIS (Reuters) -Britain said it would invest 250 million pounds ($340 million) in technology to make air travel greener, backing research into zero-emission flying, laser-beam manufacturing and cutting aircraft drag, to help boost the country’s aerospace industry. Britain said the funding for research and development projects led by Airbus, Rolls-Royce and a number of smaller …
UK invests $340 million in clean tech for air travel Read More »
LONDON (Reuters) -Drivers are becoming more reluctant to switch to electric vehicles from combustion engines and the trend is more pronounced in Europe than in the United States, a survey published by Shell on Tuesday showed. The main obstacle is cost, according to the survey of 15,000 drivers across the world, including Britain, China, Germany …
Willingness to switch to EVs fades faster in Europe than US, Shell survey shows Read More »
