top-stories
Top Stories
Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources
Top Stories
EU plans for company human rights, environment checks face new hurdle
Top Stories
WE Soda to sell at least $800 million shares in rare London IPO
Top Stories
Galp eyes final decision on green hydrogen plant this year
European stocks hit two-month low on weak China data, log monthly drop
Date: May 31, 2023
European stocks hit two-month low on weak China data, log monthly drop By Sruthi Shankar and Ankika Biswas (Reuters) – European shares hit a two-month low on Wednesday as concerns about a global slowdown on China’s weak economic data and uncertainty around the U.S. debt ceiling outpaced optimism from signs of easing inflation in some...
London equities fall as energy stocks dip; U.S. debt ceiling vote eyed
Date: May 31, 2023
(Reuters) – Britain’s commodity-heavy stock indexes slid on Wednesday as weak China economic data drove commodity prices lower, while sentiment remained fragile ahead of a crucial vote on the U.S. debt ceiling issue. The exporter-heavy FTSE 100 logged a more than 5% drop in May, its worst May performance since 2015, as international factors like...
Europe’s biggest gas supplier says all clear from pipeline security checks
Date: May 31, 2023
BERGEN, Norway (Reuters) – Inspections of Norway’s offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy major Equinor told Reuters, in the first official word on the security sweep. However, risks remain after last year’s still-unexplained explosions at the Nord Stream pipelines built to carry Russian gas to Germany...
Anglo reorganises in pursuit of growth as finance boss retires
Date: May 31, 2023
Anglo reorganises in pursuit of growth as finance boss retires (Reuters) -Anglo American’s Finance Director Stephen Pearce will retire this year and the company will consolidate its production businesses into two regions as the miner pursues growth in “future-enabling” minerals, the company said on Wednesday. Over the last year, Anglo American has made several management...
B&M sees higher profit as Britons hunt for bargains
Date: May 31, 2023
(Reuters) – British discount retailer B&M on Wednesday forecast higher core earnings for its 2023-24 financial year, as customers snap up budget food and goods in a cost-of-living crunch, sending its shares nearly 6% higher. The FTSE-100 firm said it was benefitting from people switching to cheaper alternatives including own label goods, an area where...
Factbox-Companies invest in EV battery factories in Europe
Date: May 31, 2023
(Reuters) – Europe is seeking to lure electric vehicle (EV) battery makers to build factories in the region as the bloc – home to carmakers such as Volkswagen and Stellantis – tries to cut its dependency on Asia and win a green subsidy race with the United States. They also want to attract suppliers of...