By David Milliken LONDON (Reuters) – Britain’s government said on Friday that it would set out measures to limit courts’ ability to block the deportation of illegal migrants, as part of changes to proposed legislation which will go before parliament next week. Halting the flow of asylum seekers and other migrants who use small boats …
UK seeks to change law to speed up deportation of illegal migrants Read More »
By Maytaal Angel LONDON (Reuters) – Britain on Friday signed a key global coffee sector agreement aimed at tackling some of the industry’s most pressing issues, including making coffee growing and coffee consumption more sustainable. Food and farming minister Mark Spencer signed the ‘International Coffee Agreement (ICA) 2022’, the Environment, Food and Rural Affairs Department …
Britain signs global coffee agreement in bid to boost industry Read More »
By Jessica DiNapoli NEW YORK (Reuters) – Doing laundry is a drag. But after two years of price hikes on detergent, U.S. consumers may finally get some relief as Procter & Gamble Co deepens discounts on Tide, one of its biggest brands, according to a Reuters analysis of NielsenIQ data. Makers of consumer products like …
Tide maker P&G dialing up discounts as US consumers pull back Read More »
PARIS (Reuters) -French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a police spokesperson said on Friday. The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector in multiple EU countries, but did not name …
French police working with EU on luxury antitrust probe Read More »
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. and Euro zone business activity gathered pace in April, according to surveys released on Friday, despite central bankers signaling they are nearing the peak of their interest rate hiking cycles designed to cool demand enough among consumers to bring high inflation down. S&P Global said …
U.S., Euro zone business activity accelerates to 11-month highs in April Read More »
(Reuters) -Aurubis on Friday raised its operating core profit guidance for 2023, as it reported better-than-expected preliminary earnings in the first half of the year. It cited increased treatment and refining charges for concentrates, a significantly higher copper premium and strong demand for wire rod at higher prices as reasons. The company now anticipates operating …
STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a half a percentage point next week as it grapples with soaring inflation, with a further quarter point to come in June, a poll by Reuters showed on Friday. Central banks around the globe have jacked up interest rates to tame levels of …
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – As automakers and chemicals suppliers scramble to secure raw materials, resource-rich Australia has become a rare global bright spot with $37 billion worth of M&A deals in the first quarter, with the trend expected to continue in the near term. The increased dealmaking activity is forecast …
Mining M&A spree to keep Australia dealmaking humming after $37 billion in first quarter Read More »
BRUSSELS (Reuters) – Advent-owned NielsenIQ’s said it had notified the European Commission it would withdraw the current acquisition filing for German market research firm GfK, adding a new tie-up plan would be submitted “as soon as possible”. “During ongoing discussions, the Commission made clear that approval is possible provided that certain remedies are created in …
NielsenIQ says needs more time to file for GfK acquisition Read More »
(Reuters) -Russian tech giant Yandex said on Friday it had bought Uber’s stake in their joint taxi venture for $702.5 million, becoming the sole owner of the Yandex.Taxi business and bringing Uber’s involvement in Russia to a close. “As a result of the deal, Yandex will become the sole owner of the group, which includes …
Russia’s Yandex buys Uber’s stake in taxi JV for $703 million Read More »
