Reuters UK Business

LONDON (Reuters) -The British government is set to finalise a 500-million-pound ($679 million) rail steel deal between Network Rail and British Steel, aiming to protect thousands of jobs at a steelmaking plant in Eastern England that was brought under state control earlier this year. The contract will see British Steel supply more than 337,000 metric …

UK finalises 500 million pound rail contract to save British Steel jobs Read More »

LONDON (Reuters) -Gas demand in the European Union is expected to fall by 7% by 2030 as renewable energy and electrification increase, a report by thinktank Ember showed on Tuesday. BY THE NUMBERS Ember analysed EU member states’ national energy plans which showed gas demand is set to fall by 7% from 326 billion cubic …

EU gas demand set to fall by 7% by 2030, Ember report says Read More »

LONDON (Reuters) -Wizz Air is edging towards a deal with RTX-owned Pratt & Whitney to purchase engines for 177 of its Airbus jets already on order, according to two industry sources. An announcement could come as early as this week’s Paris Airshow, they said, adding it would form part of a settlement with the engine …

Wizz Air near deal to order Pratt & Whitney engines for new jets, sources say Read More »

KANANASKIS, Alberta (Reuters) -U.S. President Donald Trump and British Prime Minister Keir Starmer on Monday said they had finalized a trade deal reached between the two allies last month. Trump, standing alongside Starmer at the Group of Seven summit in Canada, said the relationship with Britain was “just fantastic,” as he waved, and briefly dropped, …

Trump, Starmer say US-UK trade deal finalized Read More »

By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian businessman Nelson Tanure has retained advisory firm Rothschild & Co. to conduct bank negotiations critical to his proposed bid for Latin America’s largest petrochemical firm, Braskem, two people familiar with the matter told Reuters. Tanure made an offer in late May to acquire conglomerate Novonor’s controlling stake in …

Brazil tycoon Tanure enlists Rothschild & Co for negotiations in Braskem bid Read More »

WASHINGTON (Reuters) -U.S. President Donald Trump is expected to sign a proclamation finalizing the terms of a U.S.-British trade deal agreed last month in coming days, three sources familiar with the matter said on Monday. Work on the proclamation had been completed, but it was not immediately clear if Trump would sign when he meets …

Trump expected to sign proclamation finalizing US-UK trade deal, sources say Read More »