By Gus Trompiz and Dominique Vidalon PARIS (Reuters) -French minerals company Imerys unveiled plans on Monday to develop a lithium mine in central France that it said could be a leading contributor in Europe’s quest for electric-vehicle battery materia…
Swift rise to PM, but some doubt Rishi Sunak can win UK elections
By Elizabeth Piper and William Schomberg LONDON (Reuters) – Elected for the first time to parliament in 2015, Rishi Sunak became Britain’s youngest prime minister in more than 200 years on Monday, tasked with steering the country through an economic cr…
Royal Mail, union agree on talks over pay through arbitration
(Reuters) – Britain’s Royal Mail and its largest labour union have agreed to engage in talks through the Advisory, Conciliation and Arbitration Service (Acas) to resolve their ongoing dispute over pay, the postal service’s parent company said on Monday…
Iran says it will not remain indifferent if proven Russia uses its drones in Ukraine – state media
DUBAI (Reuters) – Iran will not remain indifferent if it is proven that its drones are being used by Russia in the Ukraine war, foreign minister Hossein Amirabdollahian was reported as saying by Iranian state media on Monday. “If it is proven to us tha…
Rishi Sunak to become Britain’s next PM after months of turmoil
By Elizabeth Piper, Alistair Smout and William James LONDON (Reuters) – Rishi Sunak will become Britain’s youngest prime minister in modern times after he won the race to lead the Conservative Party, tasked with steering a deeply divided country throug…
More UK’s rail unions plan strike in November
(Reuters) – Thousands of British rail union workers are going on strike in November in their ongoing dispute over pay and job security, the Transport Salaried Staffs’ Association (TSSA) said on Monday. The union said its workers in Network Rail, which …
UK stocks close higher as Rishi Sunak looks set to be next PM
By Bansari Mayur Kamdar and Shashwat Chauhan (Reuters) -Britain’s main equity indexes closed higher on Monday as Rishi Sunak looked set to become the next prime minister after other candidates quit the race, offering investors some relief after a tumul…
Cost of insuring UK debt against default drops as Sunak becomes PM
LONDON (Reuters) – The cost of insuring Britain’s debt against default fell to its lowest since last month’s “mini budget”, according to data from S&P Global Market Intelligence on Monday, after Rishi Sunak won the race to become Britain’s next prime m…
Oil giant Schlumberger rebrands itself as SLB for low-carbon future
By Liz Hampton (Reuters) – Schlumberger, the world’s largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a lower-carbon future, the company said on Monday. The nearly 100-ye…
Meta shareholder wants Facebook parent to cut jobs, spending
(Reuters) -Facebook-parent Meta Platforms Inc needs to streamline by cutting jobs and capital expenditure, its shareholder Altimeter Capital Management said on Monday in an open letter to Chief Executive Mark Zuckerberg. The company has lost investor c…