By Ron Bousso LONDON (Reuters) – BP has hired an executive from Danish wind power firm Orsted to head a new offshore wind division as the British energy company restructures its renewable businesses to help drive its transition away from fossil fuels. …
Russia, U.S. keep door open to Ukraine diplomacy, but big gaps remain
By Dmitry Antonov, Tom Balmforth and Simon Lewis MOSCOW/WASHINGTON (Reuters) -Russia said on Thursday it was clear the United States was not willing to address its main security concerns in their standoff over Ukraine, but both sides kept the door open…
UK PM Johnson says Sue Gray report will be published in full
LONDON (Reuters) – British Prime Minister Boris Johnson on Thursday re-committed to publishing in full an internal report into parties and social gatherings held at his Downing Street resident during coronavirus lockdowns. Asked to confirm the report w…
McDonald’s profit hit by rising costs, pandemic curbs
By Praveen Paramasivam and Hilary Russ (Reuters) -McDonald’s Corp missed revenue and profit expectations on Thursday, as higher costs and tepid sales in its over 4,500 restaurants in Australia and China due to pandemic-led curbs ate into gains from gro…
European shares shrug off Fed, defensives lead gains
By Anisha Sircar and Shreyashi Sanyal (Reuters) -European shares shrugged off a weak start to the session to end higher on Thursday after the U.S. Federal Reserve signalled a March interest rate hike, with defensive sectors including healthcare and uti…
Renault-Nissan to do more together in $26 billion electric bet
By Tim Kelly and Gilles Guillaume TOKYO/PARIS (Reuters) -Renault and Nissan will work more closely together to make electric cars, they said on Thursday, as they detailed a $26 billion investment plan over the next five years to stay competitive in the…
Dealmaking helps Deutsche Bank land biggest profit in a decade
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Deutsche Bank delivered its most profitable year in a decade on the back of a dealmaking bonanza, strengthening Chief Executive Christian Sewing’s hand as he fine tunes a new strategy and tackles costl…
China, West rush tsunami relief supplies to tsunami-hit Tonga
WELLINGTON (Reuters) – Chinese naval vessels carrying aid are set to arrive in Tonga on Thursday as Beijing shored up its disaster response efforts in the tsunami-hit Pacific nation following a coordinated response by its Western rivals. A navy vessel …
North Korea fires two missiles as U.S. condemns flurry of tests
By Josh Smith SEOUL (Reuters) -Nuclear-armed North Korea fired what appeared to be two short-range ballistic missiles on Thursday, drawing condemnation from the United States for what would be the sixth round of missile tests https://www.reuters.com/wo…
Prince Andrew seeks jury trial, denies Virginia Giuffre’s sex abuse claims
By Luc Cohen NEW YORK (Reuters) – Britain’s Prince Andrew on Wednesday asked for a U.S. jury trial as he again denied Virginia Giuffre’s accusations that he sexually abused her more than two decades ago when she was 17. Giuffre, 38, sued the Duke of Yo…