FRANKFURT/BERLIN (Reuters) – Germany’s gas supply situation is “less tense” now than it was at the beginning of winter, Germany’s Federal Network Agency said on Thursday, reflecting mild temperatures and full storage levels that are supporting Europe’s top economy. Considerably less gas was used in the 52nd calendar week of 2022 than in previous years, …
German regulator says gas situation ‘less tense’ Read More »
By Elizabeth Piper and Alistair Smout LONDON (Reuters) -Labour leader Keir Starmer pledged on Thursday to end Britain’s “sticking plaster politics” if his party wins power in the next election, reassuring critics he would not open the chequebook to tackle a myriad of crises buffeting the country. Saying his main opposition party is ready for …
UK’s Labour promises to end ‘sticking plaster politics’ with funded plans Read More »
LONDON (Reuters) -Britain on Thursday scrapped plans to sell the publicly-owned Channel 4 broadcaster, with the station instead gaining greater commercial flexibility to help secure its future. “After reviewing the business case and engaging with the relevant sectors I have decided that Channel 4 should not be sold,” Michelle Donelan, Secretary of State for Digital, …
Britain scraps plan to sell broadcaster Channel 4 Read More »
LONDON (Reuters) -British Prime Minister Rishi Sunak could set out details of a planned new law to curb strikes as soon as Thursday, The Times reported, saying ministers intend to make industrial action illegal in some sectors if minimum service levels are not met. The Times newspaper said the legislation would enforce minimum service levels …
UK’s Sunak to detail anti-strike laws as soon as Thursday -report Read More »
By Paul Sandle LONDON (Reuters) -Greggs said its Festive Bakes, mince pies and salted caramel lattes, along with breakfast and lunch offers, appealed to cash-strapped Christmas shoppers, helping like-for-like sales rise 18.2% in the final quarter. The British baker and food-to-go chain said the resilient end to the year, in contrast with a COVID-hit Christmas …
Festive bakes and salted caramel lattes boost Greggs’ Christmas Read More »
By James Davey LONDON (Reuters) -British clothing retailer Next beat Christmas sales forecasts on Thursday and predicted a drop in profits for the coming financial year that was less than analysts had feared, easing some concerns about a darkening economic outlook. Shares in the group jumped 7.2% in morning trading, as Next also said it …
Next’s Christmas sales beat forecasts as UK consumer outlook worsens Read More »
By William James LONDON (Reuters) -Britain experienced its hottest year on record in 2022, the national weather service confirmed on Thursday, saying human-induced climate change had made what would normally be a once-in-500-year event likely to happen every three or four years. The Met Office said the average annual temperature was 10.03 degrees Celsius (50.05 …
Climate change: UK’s 2022 was hottest year on record, says forecaster Read More »
By Melanie Burton MELBOURNE (Reuters) – International investors with $2.2 trillion in assets will ask commodity giant Glencore Plc to show how its development of thermal coal mines meets the goals of the Paris climate accord to keep global warming to 1.5 degrees. Glencore is one of the world’s largest producers and traders of the …
Big investors ask Glencore to justify thermal coal development Read More »
By Sabrina Valle (Reuters) – Exxon Mobil Corp on Wednesday signaled another strong operational profit of about $15.4 billion in its fourth quarter, pushing it toward a record take for all of 2022. The largest U.S. oil producer indicated in a securities filing a cooling from its massive profits from the prior quarters. But preliminary …
Exxon signals strong Q4 profit to drive annual record Read More »
DUBLIN (Reuters) – Expansion in the Irish services sector picked up in December following four straight months of slowing growth to push overall activity in the private sector back into positive territory, a survey showed on Thursday. The AIB S&P Global Purchasing Managers’ Index (PMI) for services rose to 52.7 from 50.8 in November, when …
Irish services sector growth picks back up in December Read More »
