Reuters UK

(Reuters) – British American Tobacco said on Wednesday it took a 957 million pound ($1.15 billion) impairment charge related to the transfer of its Russian business, pushing half-year earnings of the Lucky Strike cigarette maker 25% lower. The London-b…

BERLIN (Reuters) – Mercedes-Benz expects significantly higher revenues and slightly higher earnings in 2022 than last year, it said on Wednesday, raising its outlook as it reported an 8% rise in adjusted earnings in the second quarter to 4.9 billion eu…

FRANKFURT (Reuters) -Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit as investment banking revenues rose, figures on Wednesday showed. Net profit attributable to shareholders was 1.046 billion euros ($1.06 billion). That c…

By Akash Sriram and Jane Lanhee Lee (Reuters) -Microsoft Corp on Tuesday forecast revenue this fiscal year would grow by double digits, driven by demand for cloud computing services and sending shares up 6%. The strong outlook shows Microsoft continues…

PARIS (Reuters) – Wind and solar energy deployment in the European Union is not proceeding fast enough to meet global climate goals due to a slow permitting process, a report by independent climate think tank Ember showed on Wednesday. In order to reac…

By Marcelo Teixeira NEW YORK (Reuters) – Food and beverage giant Nestle on Tuesday said it has started operations at its new coffee processing plant in Mexico, its largest instant coffee site in the world, where it invested $340 million to process 670,…

MILAN (Reuters) – Italian shipbuilder Fincantieri reported on Tuesday 16% growth in revenues to 3.5 billion euros ($3.54 billion) in the first half of this year compared with the year-ago period, driven by a strong performance of the Equipment, Systems…

BERLIN (Reuters) – The German government plans to earmark 13 billion to 14 billion euros ($13.17 billion-$14.18 billion) per year in subsidies for renovations to make buildings more energy-efficient, the economy ministry said on Tuesday. As Germany pre…

By Aby Jose Koilparambil (Reuters) -Britain’s De La Rue has terminated its supply agreement with paper-making firm Portals Paper Ltd as the banknote printer cuts costs during a worldwide transition to polymer banknotes, the printer said on Tuesday. De …

PARIS (Reuters) -French television group TF1 and Bouygues said the French competition authority has concerns about TF1’s plans to merge with broadcaster M6. TF1 and its shareholder Bouygues said in a joint statement on Tuesday that a report by the auth…