Business
Business
UK Employers Warn Tax Rise Will Hit Investment and Pay
Business
EU Challenges Chinese Brandy Tariffs at WTO
Business
TotalEnergies Pauses Business With Adani, Says It Was Not Aware of US Investigation
Business
Tech-Wary Germans Get Hooked With Online Shopping Habit
Blackstone to List Spain’s Cirsa Shares in Madrid Early 2025, Expansion Says
Date: November 25, 2024
MADRID (Reuters) – Private equity investor Blackstone plans to list shares of Spanish gambling company Cirsa in the first half of 2025 in an initial public offering, local newspaper Expansion reported on Monday, citing unidentified market sources. Blackstone would raise between 700 million euros and 1 billion euros ($732 billion to $1.1 billion)floating between 20%...
Anglo to Sell Australian Coal Mines to Peabody for up to $3.78 Billion
Date: November 25, 2024
(Reuters) -Anglo American on Monday agreed to sell its remaining Australian steelmaking coal mines to Peabody Energy for a cash consideration of up to $3.78 billion, in its first major disposal as part of a wider restructuring plan. The mining giant is reshaping its business to mainly focus on copper and iron ore after fending...
Greggs’ Growth Story Won’t Be Derailed by UK Budget, CEO Says
Date: November 25, 2024
By James Davey NEWCASTLE, England (Reuters) – The boss of Britain’s Greggs said its rapid expansion would not be derailed by the new Labour government’s tax raising budget, with any customer price rises likely to only be “pennies”. The baker and fast food chain, which makes 365 million sausage rolls a year, has become a...
Cyberattacks Cost British Businesses $55 Billion in Past Five Years, Broker Says
Date: November 25, 2024
LONDON (Reuters) – Cyberattacks have cost British businesses around 44 billion pounds ($55.08 billion) in lost revenue in the past five years, with 52% of private sector companies reporting at least one attack in that time, insurance broker Howden said on Monday. Cyberattacks cost businesses 1.9% of their revenue on average, Howden said, with companies...
Northvolt Crisis May Be Make or Break for Europe’s Ev Battery Ambitions
Date: November 25, 2024
By Marie Mannes, Alessandro Parodi, Stine Jacobsen STOCKHOLM/GDANSK (Reuters) -Northvolt’s financial collapse deals a blow to Europe’s plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals. Europe’s biggest hope for...
Atos Receives Offer From French Government for Its Advanced Computing Activities
Date: November 25, 2024
(Reuters) -French IT firm Atos on Monday entered negotiations with the government for the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million). The target is to have a share purchase agreement signed by May 31, 2025, it said in a press release. Atos also announced a...