(Corrects to read 30,000 tonnes (not 130,000 tonnes), paragraph 2) LONDON (Reuters) – Norsk Hydro expects 28.9 billion crowns ($2.96 billion) in earnings before interest, tax, depreciation and a[...]
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December 15, 2022
Aramco and TotalEnergies to build $11 billion Saudi petrochemicals plant
PARIS (Reuters) -Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group said on Thursday. The project invo[...]
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UK watchdog narrows dividend-stripping investigation
By Kirstin Ridley LONDON (Reuters) – A British investigation into a trading scheme that claimed multiple tax rebates on dividend payments, said by European countries to have siphoned billions of[...]
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UN hopeful for Russian fertiliser exports breakthrough
By Emma Farge GENEVA (Reuters) -A senior U.N. official on Thursday voiced optimism that there would be a breakthrough in negotiations to ease exports of Russian fertilisers to avoid food shortages nex[...]
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ECB nudges up UniCredit’s capital requirement to shore up defences
By Valentina Za MILAN (Reuters) – The European Central Bank has slightly increased the amount of capital UniCredit must hold as it takes a fresh look at banks’ assets given risks from the[...]
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Italy wants to bring Telecom Italia’s unit Sparkle under public control, sources say
ROME (Reuters) – Italy’s government wants to bring Telecom Italia’s (TIM) submarine cable unit Sparkle under public control, three sources close to the matter told Reuters. Prime Min[...]
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Nikola to sell up to 75 hydrogen-powered trucks to Plug Power
(Reuters) – Electric truck maker Nikola Corp said on Thursday that it would sell up to 75 Tre hydrogen-powered trucks over three years to fuel-cell technology developer Plug Power Inc. Electric[...]
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Putin says Russia will fight sanctions with shift in trade and energy flows
MOSCOW (Reuters) -President Vladimir Putin said on Thursday that Russia would expand trade cooperation with new partners, including by switching gas flows to eastern neighbours, in order to combat Wes[...]
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ECB ups Banco BPM’s core capital ratio threshold to 8.7% from 8.5%
MILAN (Reuters) – The European Central Bank has raised the minimum core capital requirement at Banco BPM to 8.70% for next year compared with 8.52% at present, Italy’s third-largest bank s[...]
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