Business
Business
UK’s Asda Says Retail Veteran Stuart Rose to Lead Business
Business
Uaw to Hold Strike Votes at Stellantis Local Chapters, Union President Says
Business
Daimler Truck Eyes Half of Europe Sales From EVs in 2030
Business
Bp to Sell Its US Onshore Wind Business
Central Europe Factories and Retailers Shut in Flood-Hit Areas
Date: September 16, 2024
By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut down production lines and closed their doors on Monday due to flooding that has killed at least 10 people, forced tens of thousands to evacuate and submerged towns from Poland to Romania. In Ostrava – an industrial city of 290,000 people in northeast...
UK’s Domino’s Pizza Plans to Hire 5,000 Staff Ahead of Peak Holiday Season
Date: September 16, 2024
(Reuters) – Britain’s Domino’s Pizza Group said on Monday that it plans to hire 5,000 staff across the UK and Ireland to meet the increased demand expected during the upcoming peak holiday season. The franchise, which operates under the umbrella of U.S.-based Domino’s Pizza in the UK and Ireland, added that it was looking...
Saipem Wins $4 Billion Contract From QatarEnergy
Date: September 16, 2024
(Reuters) – Italian energy engineering group Saipem said on Sunday it had won an offshore contract worth $4 billion from QatarEnergy, one of the world’s top suppliers of liquefied natural gas (LNG). The contract will help boost production at QatarEnergy’s North Field offshore natural gas field, which lies off the northeastern coast of Qatar,...
US Locks in Steep China Tariff Hikes, Many to Start Sept. 27
Date: September 13, 2024
By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic industries from China’s state-driven excess production capacity. The U.S. Trade Representative’s said that many of the tariffs, including a 100% duty on Chinese EVs, 50%...
UK’s National Grid to Sell Electricity System Operator in $827 Million Deal
Date: September 13, 2024
(Reuters) -Britain’s National Grid said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK government for 630 million pounds ($827.95 million), including debt. The energy infrastructure operator said it expected to complete the deal by Oct. 1, when the Labour government and energy regulator Ofgem aim to establish...
Zara to Offer Its Secondhand Clothes Service in US by October
Date: September 12, 2024
MADRID (Reuters) – Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the end of October as a way of prolonging their life cycle and reducing waste, its owner Inditex said on Wednesday. Zara’s ‘Pre-Owned’ platform is already running in 16 European countries, after launching in Britain...