By Riham Alkousaa BERLIN (Reuters) -Germany’s government will carry out an analysis of the country’s expected energy demand and efforts to improve supply as it pursues lower costs and integrates more gas generation, Economy Minister Katherina Reiche said on Wednesday. Energy prices, among the highest in Europe, and their impact on the economy and industrial …
Germany to examine energy system in pursuit of lower costs Read More »
By Leigh Thomas and Julia Payne PARIS (Reuters) -The European Union’s trade chief on Wednesday said Brussels and Beijing were working hard to address issues in their trade relationship ahead of a July summit, as Europe joined a chorus of alarm over China’s stranglehold on critical minerals. Trade Commissioner Maros Sefcovic described talks in Paris …
EU, China tackle trade issues ahead of leaders’ summit Read More »
By Gwladys Fouche OSLO (Reuters) – Norway’s parliament on Wednesday rejected a proposal to have the country’s $1.9 trillion sovereign wealth fund, the world’s largest, divest from all companies with activities in the occupied Palestinian territories. The minority Labour government has for months been resisting pressure from pro-Palestinian campaigners to instruct the fund to divest …
By Maria Martinez BERLIN (Reuters) -The German cabinet approved a 46 billion-euro ($52 billion) tax relief package on Wednesday to support companies and revive its sluggish economy from this year through 2029, the government said. The package is the first in a series of expected measures from Germany’s new government to boost the economy, which …
German cabinet approves $52 billion corporate tax relief package Read More »
By Kirsty Needham SYDNEY (Reuters) -Australia and the European Union have revived talks for a sweeping free trade agreement, after Australia’s trade minister Don Farrell met with the European Commissioner for Trade Maroš Šefčovič in Paris on Wednesday. The meeting on the sidelines of the OECD Ministerial Council Meeting comes amid a Wednesday deadline by …
Australia and EU determined to seal trade deal, Australian minister says as talks revive Read More »
By Sybille de La Hamaide and Inti Landauro PARIS/MADRID (Reuters) -French and Spanish farmers warned on Wednesday that a flood of imports under planned European Union trade agreements with South American bloc Mercosur and Ukraine risked severely undermining European agriculture. The concerns come ahead of Brazilian President Luiz Inacio Lula da Silva’s official visit to …
Farmers in EU raise alarm over Mercosur, Ukraine trade deals Read More »
LONDON (Reuters) -Thames Water’s senior creditors said there was a “short and closing window” for a market-led rescue of the water company after U.S. private equity firm KKR pulled out of a multi-billion pound funding plan on Tuesday. The creditors said on Wednesday they had submitted a long-term plan to fix the root causes of …
Thames Water creditors see a ‘short and closing window’ to rescue company Read More »
By Gergely Szakacs and Marc Jones WARSAW/LONDON (Reuters) -Poland’s sovereign credit rating could come under pressure if nationalist Karol Nawrocki’s presidential election win leads to a prolonged political deadlock that hampers efforts to tackle the large fiscal deficit, ratings agencies said. Poland faces big spending demands, including a rise in defence outlays after Russia’s invasion …
Polish gridlock puts belt tightening efforts at risk, ratings agencies warn Read More »
By Tuvan Gumrukcu ANKARA (Reuters) – Turkey will press European allies which plan to sharply ramp up their defence spending to ease restrictions that now require most of that money to be spent in the EU, Defence Minister Yasar Guler told Reuters on Wednesday ahead of a NATO meeting. In written answers to questions from …
Turkey to press allies for access to EU defence funds Read More »
(Reuters) -British outsourcer Mitie Group is in talks to buy smaller peer Marlowe, the companies said on Wednesday, sending Marlowe’s shares 13% higher. Mitie, provider of security, cleaning, engineering and other services to public and private sector clients, is required to make a firm offer for Marlowe or walk away by July 2, according to …
UK outsourcer Mitie in talks with Marlowe over potential deal Read More »
