By Clara Denina and Muhammed Husain LONDON (Reuters) – Anglo American Plc said on Thursday it would incur an impairment of $1.7 billion on its project to produce fertiliser nutrients in Britain, as it seeks to accommodate higher production volumes and improve mining efficiency. The group said it expects the first product from the Woodsmith …
Anglo American to incur $1.7 billion charge on Woodsmith extension Read More »
By Paul Sandle and Sarah Young LONDON (Reuters) -The new chief executive of Britain’s Rolls-Royce forecast more profit growth in 2023 and said the engineering company was capable of “much more” after last year beat expectations, sending the stock up 19%. Tufan Erginbilgic, who is just two months into the job, has said that major …
New Rolls-Royce boss says more to come after profit beat Read More »
(Reuters) – England will play the same style with the same team in the second test against New Zealand, skipper Ben Stokes confirmed on Thursday, while the hosts look set to bring Matt Henry into their bowling attack as they try to level up the series. The tourists romped to a 267-run victory in the …
Cricket-England unchanged for second test, Henry set to return for NZ Read More »
LONDON (Reuters) -BAE Systems, Britain’s biggest defence company, posted a 9.5% rise in annual earnings and forecast more growth this year as military spend continues to rise on the eve of the first anniversary of Russia’s invasion of Ukraine. Underlying earnings per share on a constant currency basis came in at 55.5 pence for 2022, …
BAE Systems earnings rise, sees higher military spend boosting 2023 Read More »
By Lawrence White, Iain Withers and Sinead Cruise LONDON (Reuters) – British banks face a tougher battle for mortgage customers and business borrowers in 2023, as rising costs and deposit rates paid to long-suffering savers threaten to outpace flatlining profit margins, senior industry executives and analysts said. The 2022 annual results from the country’s four …
By Alistair Smout and William James LONDON (Reuters) -British Prime Minister Rishi Sunak said on Wednesday any deal with Brussels over Northern Ireland’s post-Brexit trade would address the issue of the British province being subject to the European Union’s rules. After the leader of Northern Ireland’s Democratic Unionist Party (DUP) Jeffrey Donaldson asked if Britain …
UK’s Sunak says Northern Ireland Brexit deal must address EU role Read More »
LONDON (Reuters) -Britain’s Queen Consort Camilla was forced to pull out of another engagement on Wednesday as she continues her recovery from COVID-19, Buckingham Palace said. Camilla had been due to visit a community project which provides food for vulnerable people in east London with her husband King Charles, who went ahead with the engagement …
UK Queen Consort Camilla pulls out of event with COVID Read More »
By Tommy Wilkes and Huw Jones LONDON (Reuters) -Britain’s financial regulator should rethink its plan to curb greenwashing because it risks disrupting 91 billion pounds ($110 billion) of investments and could damage faith in sustainable investing, the head of an investment managers’ industry group said on Wednesday. The Financial Conduct Authority’s (FCA) sustainability disclosure requirements …
UK lawmakers clash with fund industry over plan to tackle greenwashing Read More »
By Elizabeth Piper DORSET, England (Reuters) -Britain has begun to “warm up” its production lines to replace weapons sent to Ukraine and increase production of artillery shells to try to help Kyiv push back Russian forces, defence minister Ben Wallace said on Wednesday. In an interview with Reuters in southwest England where officers are training …
Britain ‘warming up’ weapon output to help Ukraine, says defence minister Read More »
By Chiara Elisei, Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Buyout financier Ares Management Corp has been offering funds to support a takeover of Manchester United, three sources familiar with the matter told Reuters. It is the latest U.S. asset manager to seek a financing role in the battle for the English soccer …
Man United bids draw financing interest from Ares -sources Read More »
