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UK outlines first steps in new plan to get more people back into work
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Employees give hedge fund diversity and inclusion lowest score in four years, says Reboot
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Britain’s parliament to vote on strict anti-smoking rules
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South Korea boycotts Japan memorial event in blow for ties
Exclusive-Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say
Date: November 25, 2024
By Jarrett Renshaw (Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with...
Focused on domestic defence, Germany works on expanded civilian shelter proposal
Date: November 25, 2024
BERLIN (Reuters) – Germany is currently working on a proposal to expand the number of shelters available for civilians by looking at public and private facilities that could be converted if necessary, according to the German interior ministry. Basements, underground car parks and subway stations could be converted into shelters, with a special app detailing...
Buffett refines plans for his fortune, donates more Berkshire shares
Date: November 25, 2024
By Jonathan Stempel (Reuters) -Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has made further preparations for giving away his fortune after his death. Buffett, 94, plans to donate 99.5% of his remaining wealth, valued on Friday at $149.7 billion according to Forbes magazine, to a charitable trust overseen by his daughter and...
Exclusive-Thousands turn to Wegovy copies each month as FDA considers shortage status
Date: November 25, 2024
By Patrick Wingrove (Reuters) – More than 200,000 prescriptions for copies of Novo Nordisk’s weight-loss drug Wegovy are getting filled by U.S. patients each month, an industry group told the U.S. drugs regulator in a letter, saying it should consider their role in alleviating the obesity drug supply crunch before barring them. The U.S. Food...
Air taxi firm Vertical says Mudrick to convert some notes to equity, extend repayment deadline
Date: November 25, 2024
\By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert half of its outstanding convertible debt to equity and extend the repayment date on the remainder to December 2028, providing the cash-strapped air-taxi maker with financial breathing room. Mudrick will commit $25 million in upfront funding for...
UK’s rising inflation may subdue spending this Christmas, says Asda/CEBR
Date: November 25, 2024
LONDON (Reuters) – British households’ disposable income fell in October and rising inflation may subdue spending this Christmas, supermarket group Asda said on Monday. Publishing its monthly Income Tracker survey, produced with the Centre for Economics and Business Research, Asda said after paying all taxes and essential bills the average UK household saw its disposable...