MILAN (Reuters) -Eni delivered gas last year from Russia to Turkey, documents posted on the Italian energy group’s website showed on Monday, confirming the company was still dealing in Russian gas despite suspending supplies within Europe. In a written response to a question from a shareholder ahead of Eni’s AGM on Wednesday, the company said …
Italy’s Eni delivered Russian gas to Turkey last year, document shows Read More »
By Elvira Pollina MILAN (Reuters) -Italy’s Satispay said on Monday it would start offering its 5.5 million users a way to earn a return on their cash, in a move that heightens the mobile payment firm’s competition with high street banks. Founded in 2013, Satispay provides a mobile app for payments in shops and for …
Italian payment app Satispay teams up with Amundi in money market fund service Read More »
By Emma Farge GENEVA (Reuters) -Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.S.-China trade talks this weekend. Before receiving the two sides, Swiss officials met with Bessent and his team …
‘Flawless’ host Switzerland glides past EU for next US trade deal, Trump aides say Read More »
(Reuters) -Roche Group said on Monday that it plans to invest more than $700 million in a new drug manufacturing facility in North Carolina, the latest drugmaker to expand its presence in the United States amid President Donald Trump’s tariff policies. The new facility, based in Holly Springs, North Carolina, will support Roche and its …
Roche boosts US presence with new $700 million North Carolina facility Read More »
By James Davey LONDON (Reuters) -Britain’s two largest bioethanol producers have warned that last week’s U.S.-UK trade deal which removed tariffs on U.S. ethanol entering the UK has triggered an “existential threat” to the industry. Thursday’s agreement will see Britain’s 19% tariffs on U.S. ethanol fall to zero through a 1.4 billion-litre (370 million gallon) …
By Angelo Amante ROME (Reuters) -Italian power grid operator Terna and its Greek counterpart IPTO signed on Monday a deal worth nearly 2 billion euros ($2.2 billion) on a new undersea electricity interconnector between Italy and Greece. The deal was announced after Italian Prime Minister Giorgia Meloni hosted a summit with her Greek counterpart Kyriakos …
Terna and IPTO sign 2-billion euro deal on Italy-Greece power connection Read More »
MADRID (Reuters) – Spanish lender Abanca is not interested in a merger with Sabadell, it said on Monday, dismissing a report in newspaper Expansion it was considering such a deal in response to a hostile takeover bid from BBVA. The newspaper cited unidentified sources as saying Sabadell had held preliminary talks with shareholders in Abanca, …
Spain’s Abanca denies report of merger talks with Sabadell Read More »
By Jennifer Rigby LONDON (Reuters) -Swiss drugmaker Novartis will keep making medicines for malaria and leprosy, even if it does not get orders as normal amid the global health funding crunch, its president of global health told Reuters in an interview. The company makes 28 million malaria treatment courses every year, and sells almost all …
Novartis to keep making malaria drugs if orders dry up amid aid cuts Read More »
By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy is sticking to the conditions imposed on UniCredit’s bid for Banco BPM as it prepares to engage in talks with the bank, two sources close to the matter said, in a case that has drawn scrutiny from the European Commission. As UniCredit beat expectations with a …
Italy stands by conditions set for UniCredit’s Banco BPM deal, sources say Read More »
OSLO (Reuters) – Output from Norway’s Johan Castberg oilfield in the Arctic Barents Sea remains temporarily halted while repairs are being made following an outage, operator Equinor said on Monday. Production from the field’s floating production, storage and offloading (FPSO) vessel was shut at the weekend due to a small oil leak from a heat …
Norway’s Castberg oilfield remains temporarily halted, Equinor says Read More »
