DUBLIN (Reuters) – SMBC Aviation Capital has joined most of the world’s largest aircraft lessors in pursuing insurance claims through the courts over jets it owns that are stuck in Russia, an Irish High Court filing showed. Irish-headquartered SMBC rec…
German minister satisfied with 15-year Qatar LNG deal
BERLIN (Reuters) -German Economy Minister Robert Habeck said on Tuesday he was happy with the length of a liquefied natural gas (LNG) supply deal struck with Qatar, as Berlin pursues new energy partnerships after a plunge in gas from Russia. “Fifteen y…
Italy seeks fresh options for TIM as bid for network seen fading
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government is seeking fresh options for the future of former phone monopoly Telecom Italia as a planned bid for its landline grid by state investor CDP due by Wednesday is seen as u…
Carlyle raises more than $3 billion to invest in European tech
By Emma-Victoria Farr FRANKFURT (Reuters) – U.S. buyout firm Carlyle Group has raised more than three billion euros ($3.12 billion) for a pan-European technology fund that is taking advantage of “pockets of life” in the economy, the co-heads of Carlyle…
Oil stocks drag FTSE 100 lower as China’s COVID protests shake markets
By Shashwat Chauhan and Shristi Achar A (Reuters) -UK’s FTSE 100 closed lower on Monday, with commodity-linked stocks weighing heavy on the index, as global markets watched the rare protests in China against strict COVID-19 restrictions, leaving its ec…
Diphtheria infections rise in Britain, says UK health agency, citing migrant cases
LONDON (Reuters) -The number of diphtheria cases in England has risen this year, health officials said on Monday, citing dozens of cases found among asylum seekers arriving into the country, but adding that the risk of infection to the wider public rem…
Exclusive-Microsoft likely to offer EU concessions soon in Activision deal – sources
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections to its $69 billion bid for “Call of Duty” maker Activision Blizzard, people familiar with the matter…
Shell to buy Danish firm Nature Energy for nearly $2 billion
(Reuters) – Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing interest in biogas. Reuters had reported last month Shell was among a number of comp…
Analysis-U.S. green subsidies heighten fears for German industry
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Building a lithium-ion battery factory in Germany, Europe’s top car producer, had seemed like a no-brainer for Northvolt. But a new U.S. law offering hefty subsidies to local manufacturers of green te…
UK watchdog sets out pension redress rules for steelworkers
By Huw Jones LONDON (Reuters) -Financial advisers will have to compensate many former members of British Steel’s pension fund an average of 45,000 pounds ($54,418) each for wrongly advising them to move their retirement savings, Britain’s financial wat…