(Reuters) – Oil major Chevron Corp said on Thursday, its shipping unit has joined the Sea Cargo Charter, an initiative launched last year to cut and track emissions from ships, as efforts intensify to reduce the maritime industry’s carbon footprint. Under the Sea Cargo Charter, companies, including agrigroups Cargill, ADM and Bunge, oil majors Royal …
Chevron’s shipping unit joins initiative to cut emissions Read More »
STOCKHOLM (Reuters) – The European Commission published draft rules on Thursday to give workers at online platform companies such as Uber and Deliveroo better social rights, but which companies say could lead to job losses and more litigation in court. Following are initial reactions to the proposals: UBER SPOKESPERSON: “Uber is committed to improving the …
Companies divided on draft EU rules for gig economy workers Read More »
By Geert De Clercq and Silvia Aloisi PARIS (Reuters) -Vivendi will buy activist fund Amber’s stake in Paris Match owner Lagardere “in the coming days,” it said on Thursday, accelerating a deal that would extend its influence over French media ahead of next year’s presidential election. Vivendi announced in September its plan to acquire Amber’s …
Vivendi accelerates Lagardere purchase, extending media empire Read More »
By Emily Chow, Roberto Samora and Bernadette Christina Munthe BEIJING/SAO PAULO/JAKARTA (Reuters) – Key crops, from Brazilian corn to Malaysian durians, are at risk after tight supplies and blistering prices of fertiliser have caused farmers to scrimp on vital crop nutrients, adding to global food security and inflation fears. Fertiliser costs soared this year amid …
SHANGHAI (Reuters) – China’s Ministry of Industry and Information Technology has removed 106 apps from Chinese app stores including movie review app Douban, karaoke app Changba, and phone reseller Aihuishou, the regulator announced on Thursday, citing violations of privacy law. (Reporting by Josh Horwitz; Editing by Andrew Cawthorne)
By Silke Koltrowitz ZURICH (Reuters) – Luxury watch retailer Watches of Switzerland Group (WoS) said on Thursday trading in November supported its recently upgraded full-year guidance, after strong revenue growth boosted earnings in the 26 weeks to Oct. 31. “We upgraded our guidance about a month ago, we’re confirming that guidance after a good start …
Watches of Switzerland says strong November sales bode well for Christmas Read More »
A look at the day ahead from Sujata Rao. England is going under tougher COVID-19 curbs, Christmas parties are being cancelled across Europe and the United States, and Jefferies became the first big Wall Street bank to send employees home. But markets are looking on the bright side — news that a three-shot course of …
By Foo Yun Chee BRUSSELS (Reuters) – Proposed European Union rules targeting tech companies should ensure that they are regulated in the EU country where they are based, Twitter, online video platform Vimeo Inc and three other companies said on Thursday. Tech companies are concerned that European countries seeking to grab regulatory power over them …
Tech firms say EU rules should ensure they are regulated in their bases Read More »
MADRID (Reuters) – Private equity giant Blackstone is planning a public listing of Spanish gambling company Cirsa next year in a deal that could be valued at up to 3 billion euros ($3.4 billion), Spain’s Cinco Dias newspaper reported on Thursday. Blackstone acquired Cirsa, which operates casinos and betting shops across Spain and Latin America, …
Blackstone plans $3.4 billion IPO for bookmaker Cirsa, Spanish paper says Read More »
HONG KONG (Reuters) – The rights of shareholders and creditors of cash-strapped property developer China Evergrande Group will be “fully respected” based on their legal seniorities, central bank governor Yi Gang said on Thursday. The risk caused by a few Chinese real estate companies in the short term will not undermine Hong Kong’s capital market, …
