LONDON (Reuters) – Euroclear, one of the world’s biggest settlement systems for stock and bond trades, has bought a big stake in fintech Greenomy to tap into growing demand for services that help firms meet new rules on reporting their environmental im…
Lufthansa’s Eurowings goes on hiring spree as travel rebound expected
BERLIN (Reuters) – Lufthansa subsidiary Eurowings expects a strong recovery this year and is planning to add to about 750 new cockpit and cabin jobs over the next 12 months. In 2021, the airline was one of the few to hire staff, gaining 750 new employe…
Report criticises lockdown parties at UK PM Johnson’s office
By William James and Kylie MacLellan LONDON (Reuters) -An inquiry into COVID-19 lockdown-breaking parties at Prime Minister Boris Johnson’s office and residence said on Monday some of these should not have taken place, and serious failures of leadershi…
Cyprus high court quashes UK woman’s ‘fake rape’ conviction
NICOSIA (Reuters) -Cyprus’s highest court on Monday quashed the conviction of a British woman found guilty by a lower court of faking a claim that she was gang-raped on the island in 2019, lawyers said. The woman appealed in September against the Janua…
British PM Johnson has received report into parties, says spokesman
LONDON (Reuters) – Prime Minister Boris Johnson has received an update from senior civil servant Sue Gray, his spokesman said on Monday, spelling out that the report would be limited so it does not interfere with a police probe into alleged parties at …
French supermarket group Casino’s shares slump after profit warning
By Dominique Vidalon PARIS (Reuters) -Shares in supermarket group Casino slumped on Monday after the company cut the 2021 profit outlook for its French retail operations, igniting investor worries over its ability to boost cashflow in a tough domestic …
Thyssenkrupp could make decision on hydrogen IPO in H1 -CEO
FRANKFURT (Reuters) – Thyssenkrupp expects to make a decision about a possible initial public offering of its hydrogen division Nucera in the first half of 2022, Chief Executive Martina Merz said on Monday. “Our preferred solution is to go public with …
Euro zone growth slowed in Q4 as Omicron COVID wave hit
BRUSSELS (Reuters) -The Omicron wave of COVID-19 infections slowed euro zone economic growth in the final quarter of 2021 compared to the previous three months although the impact was much stronger in Germany than in France or Italy. The European Union…
Pound firms on prospects for more aggressive rate rises
By Sujata Rao LONDON -Sterling touched 23-month highs against the euro on Monday at the start of a week where the Bank of England is expected to raise interest rates for the second time in as many months. The currency gave up some of its gains after ne…
UK’s Purplebricks sees return to growth in 2023 after posting half-year loss
(Reuters) – UK online estate agent Purplebricks Group Plc forecast a return to growth in 2023 on Monday, after it posted a half-year loss hurt by charges related to “process issues” in its lettings business and a change in its employee operating model….