EXCLUSIVE QatarEnergy boss says World Cup tension won’t impact German business

DOHA, November 21 (Reuters) – QatarEnergy chief Saad al-Kaabi said on Monday that relations with German companies would not be affected by political tensions sparked by criticism of the energy organization. World Cup by Qatar, which angered officials from Arab Gulf countries. gas exporter. Kaabi told Reuters he was shocked by German Economy Minister Robert … Read more

As recession looms, UK businesses send SOS loans

Costlier credit, on tighter terms as banks assess risk Some business owners use their own money to fill in the gaps Funding crisis could deal another economic blow to Britain LONDON, Nov 17 (Reuters) – As inflation soars and recession looms, many British businesses are struggling to get affordable bank finance, putting pressure on the … Read more

Biden and Xi to meet ahead of G20, Musk addresses business forum by candlelight

NUSA DUA, Indonesia, Nov 14 (Reuters) – Chinese leader Xi Jinping will arrive on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of the tension-laden Group of 20 (G20) summit about Russia’s invasion of Ukraine. The two leaders are expected to discuss the nuclear ambitions of … Read more

Richemont stock soars as jewelry sector sparkles

The jewelry sector sees its sales increase by 24% Profit from continuing operations increases by 40% President cautious on cost of living and rising interest rates ZURICH, Nov 11 (Reuters) – Shares of luxury goods group Richemont (CFR.S) soared as much as 21% in early trading on Friday after the owner of Cartier posted strong … Read more

Exclusive: Europe prepares for mobile network outages

PARIS/STOCKHOLM/MILAN, Sept 29 (Reuters) – Once unthinkable, mobile phones could die out this winter in Europe if power cuts or energy rationing disrupt parts of mobile networks in the region. Russia’s decision to cut off gas supplies via Europe’s key supply route following the conflict in Ukraine has increased the risk of power shortages. In … Read more

Nissan suffers a loss of 687 million dollars by selling its Russian activities for 1 euro

Sale to the Russian public entity NAMI Nissan has the right to buy back business within six years Renault sees its H2 net profit hit by 331 million euros following its move TOKYO, Oct 11 (Reuters) – Nissan Motor Co Ltd (7201.T) will sell its Russia business to a state-owned entity for 1 euro ($0.97), … Read more

Analysis: Bond Vigilantes Mean Business, Governments Better Beware

LONDON, Oct 17 (Reuters) – The sight of Britain’s new finance minister smashing up his chief’s economic policies on Monday illustrated something starkly clear – the bond market vigilantes are back, they’re bold and governments had better stop. pay attention to it. It took only three weeks for the markets to force the United Kingdom, … Read more

BP buys US biogas producer Archaea for $4.1 billion

BP bets on growing demand for waste fuel BP wants to increase its production by five by 2030 The deal is the biggest since CEO Looney took over in 2020 LONDON, Oct 17 (Reuters) – BP (BP.L) is to buy U.S. renewable natural gas (RNG) producer Archaea Energy Inc (LFG.N) for around $4.1 billion, the … Read more

German business leaders clash with Berlin over China policy

Berlin aims to reshape its policy to reduce its reliance on China Industry lobbying against China business restrictions German investment and trade with China hit record high Big companies wind down Chinese operations by going local BERLIN, Oct 13 (Reuters) – When German business leaders learned last month of an economy ministry proposal to screen … Read more