LONDON (Reuters) – The Bank of England on Thursday published its plans for gilt sales until the end of this year on Friday, which had been pushed back as a result of market volatility produced by the government’s fiscal plans. The first gilt sales will…
Little-known Penny Mordaunt ready to run again for Britain’s top job
By Elizabeth Piper, Alistair Smout and Andrew MacAskill LONDON (Reuters) – When Liz Truss was asked to come to parliament to explain the sacking of her good friend and finance minister, she sent Penny Mordaunt in her place, offering her potential succe…
Spanish energy firm Everwood in talks to sell 6.1 GW solar assets portfolio – sources
By Andres Gonzalez LONDON (Reuters) – Spain-based renewable energy investor Everwood Capital has hired Bank of America to sell a portfolio of 6.1 gigawatts (GW) of solar power plants in Europe and Latin America, according to four sources with knowledge…
Russia to evacuate 10,000 a day from Ukraine’s Kherson region
(Reuters) -Russian-installed authorities in the occupied Ukrainian region of Kherson said on Wednesday that they plan to evacuate around 50,000-60,000 people over the next six days amid escalating pressure from a Ukrainian counteroffensive. Russian-ins…
Tesla shares skid after Musk flags recession in China, Europe
By Akash Sriram and Hyunjoo Jin (Reuters) – Shares of Tesla Inc slid on Thursday, a day after Chief Executive Elon Musk said it was a “little harder” for the electric-vehicle maker to garner demand in the face of a weakening global economy. At least si…
Britain sanctions Iran over supply of drones to Russia
LONDON (Reuters) – Britain on Thursday slapped sanctions on three Iranian military figures and a defence manufacturer for supplying Russia with drones to attack civilian and infrastructure targets in Ukraine. Senior Iranian military officers Mohammad H…
Adidas cuts 2022 outlook on weaker demand, Russian exit
By Emma-Victoria Farr FRANKFURT (Reuters) -German sporting goods maker Adidas on Thursday cut its full-year guidance, citing weaker expectations for China, lower demand in major Western markets and one-off expenses related to its exit from the Russian …
Britain sanctions Iranian military figures over drone sales to Russia
LONDON (Reuters) – Britain on Thursday sanctioned three Iranian military officers and one company involved in the supply of drones to Russia for use in Ukraine, according to an update to the UK Sanctions List. (Reporting by Sachin Ravikumar, editing by…
L’Oreal posts brisk sales rise despite disruptions in China
PARIS (Reuters) – Cosmetics group L’Oreal posted robust sales growth over the third quarter, lifted by brisk demand in Europe and the United States, which helped offset disruptions in China due to COVID-19 restrictions. Nicolas Hieronimus, chief execut…
Russia’s Navalny says he faces new criminal case for ‘promoting terrorism’
LONDON (Reuters) – Jailed Russian opposition politician Alexei Navalny said on Thursday that authorities had opened a new criminal case against him for promoting terrorism and extremism, potentially more than doubling his sentence. Navalny, the most pr…