By Vera Eckert, Tom Käckenhoff and Christoph Steitz BERLIN (Reuters) -Portugal’s largest utility Energias de Portugal (EDP) wants to build capacity of 500 megawatts (MW) in Germany’s solar market by 2026, its chief executive said on Tuesday, fleshing out the group’s plans for Europe’s top economy. The comments come as EDP has embarked on a …
Portugal’s EDP plans 500 MW of solar capacity in Germany – CEO Read More »
By Philip Pullella ROME (Reuters) – A peace group with close ties to the Vatican said on Tuesday it will appeal to European businesses and tourists to boycott the U.S. state of Alabama if it went ahead with the execution of an inmate by nitrogen gas this week. The warning by the Sant’ Egidio Community …
Europe should boycott Alabama over nitrogen execution – peace group Read More »
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -U.S. and British forces carried out a new round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by the Iran-aligned group against Red Sea shipping, the Pentagon said. The Houthis, who control the most populous …
Latest strikes on Yemen’s Houthis destroyed intended targets, UK says Read More »
By William Schomberg LONDON (Reuters) – The Bank of England is expected to take a tentative first step towards cutting interest rates from their highest level in nearly 16 years next week after signs that the inflation crisis is abating. Governor Andrew Bailey and other top officials spent much of late 2023 dismissing speculation about …
Bank of England set to start on path towards interest rate cuts Read More »
By Sudip Kar-Gupta and Tassilo Hummel PARIS (Reuters) -French farmers in tractors and trucks expanded their roadblocks on Tuesday, resulting in numerous traffic jams as well as one fatal accident, as unions urged the government to ease its push for lower consumer prices and reduce environmental regulations. “We won’t lift the roadblocks as long as …
French farmers up pressure on government as protests spread across rural regions Read More »
By Jesús Aguado MADRID (Reuters) -Spain’s stock market supervisor CNMV said on Tuesday it could take weeks to reach a conclusion on allegations made by short-seller Gotham City against drugmaker Grifols and that it was also looking at whether Gotham had complied with European regulations on market abuse. A report by Gotham City two weeks …
Findings on Grifols’ accounts could take weeks, Spanish supervisor says Read More »
By Sam Tobin LONDON (Reuters) – Apple on Tuesday asked a London tribunal to throw out a mass lawsuit valued at around $1 billion brought on behalf of more than 1,500 app developers over its App Store fees. The case, worth up to 785 million pounds ($998 million) and one of several faced by the …
Apple bids to throw out $1 billion UK lawsuit over app store fees Read More »
LONDON (Reuters) – Britain plans to announce new sanctions in the coming days targeting Houthi financing of attacks on shipping in the Red Sea, Prime Minister Rishi Sunak said on Tuesday. U.S. and British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as …
Britain to announce new sanctions against Houthis in coming days – PM Sunak Read More »
BERLIN (Reuters) -German pilots’ union VC said on Tuesday that a clear majority of members, 95%, voted in favour of strikes at Lufthansa Group’s leisure subsidiary Discover, with the aim of adding pressure in negotiations for a first collective agreement. Discover Airlines, formed in 2021, is the Lufthansa Group’s leisure airline focused on flying travellers …
German pilots vote for strikes at Lufthansa’s Discover – union Read More »
LONDON (Reuters) – The pound touched its highest against the euro in four months on Tuesday, supported by indications that the British economy is holding up and the Bank of England will likely cut rates later than its peers. The euro dropped as low as 85.48 pence, its lowest since early September and was last …
