(Reuters) -Wood Group has secured a $2.8 billion contract from Abu Dhabi oil giant ADNOC to deliver engineering, procurement and construction management services at its Habshan facility in the United Arab Emirates, the British oilfield services firm said on Tuesday. (Reporting by Prerna Bedi in Bengaluru; Editing by Shinjini Ganguli)
(Reuters) -Online trading platform iFOREX is expecting a delay in its London listing due to a routine compliance inspection, it said on Tuesday. The company was expected to list its shares in late June on the London Stock Exchange, amid efforts to expand its clientele and brand visibility into new and existing markets. The inspection …
Trading platform iFOREX expects brief delay in London listing Read More »
MADRID (Reuters) -Netflix is set to invest over 1 billion euros ($1.14 billion) to produce content in Spain over the next four years, the streaming giant’s co-CEO, Ted Sarandos, told an event in Madrid on Tuesday. ($1 = 0.8756 euros) (Reporting by Inti Landauro; Writing by David Latona; Editing by Andrei Khalip)
(Reuters) -Russian investment company Rasperia has filed a new lawsuit involving Raiffeisen Bank International’s local subsidiary, seeking to prevent any legal proceedings from taking place outside Russia, court filings showed. RBI has paid more than 2 billion euros ($2.28 billion) in damages in a separate case brought by Rasperia. The transfer of interest was completed …
Investment firm Rasperia asks court to keep Raiffeisenbank proceedings inside Russia Read More »
LONDON (Reuters) -Britain’s Financial Conduct Authority (FCA) said on Tuesday it had appointed Sarah Pritchard as its deputy chief executive, a new role created to reflect the watchdog’s expanding remit, including the regulation of stablecoin and crypto firms. “Since joining us, Sarah helped bring together our supervision, policy and competition functions and has led some …
UK financial watchdog names deputy CEO to reflect growing remit Read More »
MADRID (Reuters) -Spain’s economy is likely to grow at a solid rate of between 0.5% and 0.6% in the second quarter from the previous three months when it expanded 0.6%, the central bank said on Tuesday, a day after it trimmed its longer-term outlook. Bank of Spain Governor Jose Luis Escriva on Monday lowered this …
Bank of Spain sees economic growth at 0.5%-0.6% in second quarter Read More »
LONDON (Reuters) -Britain’s rules for firms listed on the stock market are not the reason for companies leaving the London exchange, the chief executive of the Financial Conduct Authority said on Tuesday, following fintech Wise announcing a move to the U.S. last week. “I’m not hearing it’s regulatory, I’m hearing its much wider,” Nikhil Rathi …
UK listing rules not to blame for firms fleeing London stock market, regulator says Read More »
By Nithyashree R B and Yadarisa Shabong (Reuters) -British public transport operator FirstGroup reported full-year profit ahead of market expectations on Tuesday, helped by strong performance of its bus division and recent acquisitions. Shares in the London-listed company, which carries more than a million passengers daily on its buses and trains, rose more than 6% …
FirstGroup shares soar on full-year profit beat, eyes UK transport opportunities Read More »
MILAN (Reuters) -Italian asset manager Banca Mediolanum sees no impact on its business whatever the outcome of merchant bank Mediobanca’s bid for private bank Banca Generali, its CEO Massimo Doris said on Tuesday. Banca Mediolanum is one of the biggest shareholders in Mediobanca. “Whether they merge or not does not affect Banca Mediolanum either way. …
Banca Mediolanum sees no impact from Mediobanca bid for Banca Generali Read More »
(Reuters) -The European Commission is to propose lowering the Russian oil price cap and banning the use of Nord Stream infrastructure as part of a fresh round of sanctions against Moscow, the Financial Times reported on Tuesday. The package will include lowering the existing oil price cap from $60 to $45 per barrel, as well …
EU to target Nord Stream and Russian oil cap in new sanctions package, FT reports Read More »
