By Helen Reid JOHANNESBURG (Reuters) – France’s Renault and U.S. carmaker Rivian have backed a moratorium on deep-sea mining and will exclude seabed metals from their supply chains in a blow to an industry that aims to capitalise on demand from electri…
U.S. and allies tell citizens to leave Ukraine as Russia could invade ‘at any time’
By Jeff Mason and Tom Balmforth WASHINGTON/MOSCOW (Reuters) -The United States and its allies urged their citizens to leave Ukraine right away to avoid a Russian invasion, including a possible air assault, that Washington said on Friday could occur any…
EU watchdog to define ‘greenwashing’ as sustainable funds rocket
By Huw Jones LONDON (Reuters) – The European Union’s markets watchdog said on Friday it will start working on a legal definition of “greenwashing” to underpin enforcement action as trillions of euros flow into funds that are advertised as climate-frien…
No EU access for UK clearing houses after June 2025, McGuinness says
By Huw Jones LONDON (Reuters) -There will be no access to the European Union for Britain’s derivatives clearing houses after June 2025, the bloc’s financial services chief Mairead McGuinness said on Friday. Britain’s departure from the EU has largely s…
Blinken says Russian invasion of Ukraine could come at any time
By Humeyra Pamuk and Kirsty Needham MELBOURNE (Reuters) – Russia has sent more forces to its border with Ukraine and could launch an invasion at any time, including during the Beijing Winter Olympics, U.S. Secretary of State Antony Blinken said on Frid…
Banco BPM shares rise as UniCredit deal talk rekindled
By Valentina Za and Andrea Mandala MILAN (Reuters) -Shares in Italy’s Banco BPM climbed on Friday after renewed speculation that larger Italian rival UniCredit could launch a takeover bid for the lender. The bank’s shares closed up 9.8% at 3.55 euros, …
French power company EDF to hire over 3,000 staff this year in nuclear push
PARIS (Reuters) -State-owned utility EDF said it would hire more than 3,000 staff this year as France prepares to build at least six next-generation EPR2 reactors and extend the lives of existing sites. The company is aiming to recruit 1,600 engineers …
French Finance Minister: EDF’s problems will disappear after latest nuclear investments
PARIS (Reuters) – French Finance Minister Bruno Le Maire told C News TV on Friday that he was sure that EDF’s difficulties would “disappear” after France announced plans to build at least six new nuclear reactors in the decades to come. President Emman…
BAT sales jump on vaping, oral nicotine; announces 2 billion stg buyback
LONDON (Reuters) -British American Tobacco on Friday reported a 7% rise in full-year adjusted revenue to 25.7 billion pounds ($34.8 billion), helped by sales of e-cigarettes and oral nicotine. The world’s second-largest tobacco company also announced a…
Volvo Cars says supply chain woes remain as profit lags forecasts
STOCKHOLM (Reuters) -Volvo Cars posted on Friday earnings below analysts’ expectations pressured by the lingering global supply shortages, while demand for its products remained strong. The Gothenburg-based carmaker, which listed on Nasdaq Stockholm in…