Iberdrola to invest up to 4 billion euros in French renewable energy

Iberdrola to invest up to 4 billion euros in French renewable energy
FILE PHOTO: Iberdrola CEO, Jose Ignacio Galan speaks during a press conference near Ribeira da Pena, Portugal, January 28, 2020. REUTERS/Pedro Nunes LONDON (Reuters) – Spanish utility Iberdrola (IBE.MC) said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop renewable energy. Iberdrola said it is already investing 2.4... Read More

Nissan warns UK plant ‘unsustainable’ without EU trade deal -BBC

Nissan warns UK plant ‘unsustainable’ without EU trade deal -BBC
FILE PHOTO: Workers are seen on the production line at Nissan’s car plant in Sunderland Britain, October 10, 2019. REUTERS/Phil Noble/File Photo LONDON (Reuters) – Nissan’s (7201.T) car manufacturing plant in Sunderland, northern England, which employs 7,000, is “unsustainable” if Britain leaves the European Union without a trade deal, it said on Wednesday. Ashwani Gupta, the Japanese company’s global chief... Read More

Global shares hit three-month highs on economic recovery hopes

Global shares hit three-month highs on economic recovery hopes
LONDON (Reuters) – World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave investors confidence, despite civil unrest in the United States and rising COVID-19 tolls. FILE PHOTO – A general view shows the German share prize index DAX board during afternoon trading as... Read More

Exclusive: Huawei hid business operation in Iran after Reuters reported links to CFO

Exclusive: Huawei hid business operation in Iran after Reuters reported links to CFO
LONDON/DUBAI (Reuters) – China’s Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited U.S. computer gear to Iran, after Reuters in 2013 reported deep links between the firm and the telecom-equipment giant’s chief financial officer, newly obtained internal Huawei documents show. FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her... Read More

Oil tops $40 for 1st time since March on OPEC cuts, demand recovery

Oil tops $40 for 1st time since March on OPEC cuts, demand recovery
LONDON (Reuters) – Oil rose on Wednesday, topping $40 a barrel for the first time since March, supported by lower U.S. inventories, expectations OPEC+ will keep oil output cuts in place and signs of demand recovery from the coronavirus crisis. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann Suggesting... Read More

Global shares hit 3-month highs on economic recovery hopes

Global shares hit 3-month highs on economic recovery hopes
LONDON (Reuters) – World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave investors confidence, despite civil unrest in the United States and rising COVID-19 tolls. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16,... Read More

Nomura considers having fewer staff at headquarters permanently

Nomura considers having fewer staff at headquarters permanently
FILE PHOTO: The logo of Nomura Securities is pictured at the company’s Otemachi Head Office in Tokyo, Japan, November 18, 2016. Picture taken November 18, 2016. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – Nomura Holdings Inc (8604.T) is considering having fewer staff work at its Tokyo headquarters permanently now that the coronavirus pandemic has spurred a huge shift to remote working,... Read More

U.S. senator Cotton cautions Britain over Huawei cooperation

U.S. senator Cotton cautions Britain over Huawei cooperation
FILE PHOTO – U.S. Sen. Tom Cotton (R-AR) speaks during a Senate Intelligence Committee nomination hearing for Rep. John Ratcliffe (R-TX), on Capitol Hill in Washington, U.S., May 5, 2020. Andrew Harnik/Pool via REUTERS LONDON (Reuters) – U.S. Republican Senator Tom Cotton cautioned Britain on Wednesday that a decision to allow China’s Huawei a role in 5G networks could hurt... Read More