(Reuters) – Britain is poised to shelve plans to provide statutory powers to a new technology regulator, in a blow to global efforts to curb the dominance of internet companies including Google and Facebook, the Financial Times reported on Tuesday. The…
Ukraine’s ‘finest hour’: UK’s Johnson invokes Churchill as he predicts Russia will lose
By Kylie MacLellan and Elizabeth Piper LONDON (Reuters) -British Prime Minister Boris Johnson told Ukraine on Tuesday he believed it would defeat Russia and expose the “gigantic error” of the Kremlin’s invasion as he invoked Britain’s wartime leader Wi…
CNH beats Q1 expectations, confident on navigating supply issues
By Giulio Piovaccari MILAN (Reuters) – CNH Industrial beat first-quarter earnings expectations on Tuesday and the agricultural and construction machine maker’s CEO said he was confident the company could successfully navigate ongoing global supply chai…
Ocado investor Royal London Asset Management rejects pay policy again
LONDON (Reuters) – Ocado shareholder Royal London Asset Management (RLAM) said on Tuesday it had again voted against the online supermarket and technology group’s pay policy, citing concerns over potentially excessive rewards for its executives. RLAM, …
Logitech CEO sees growth potential as people return to office
ZURICH (Reuters) – Logitech International’s days of rapid growth are not over after the pandemic-driven surge ebbs and staff return to their offices after working from home, Chief Executive Bracken Darrell said on Tuesday. “We are focused on three cate…
Exclusive-Coca-Cola African bottler’s $3 billion IPO delayed by Ukraine turmoil
By Promit Mukherjee and Emma Rumney JOHANNESBURG (Reuters) – Coca-Cola’s estimated $3 billion initial public offering (IPO) for its African bottling unit will likely take place in the third quarter after market turmoil linked to the war in Ukraine upse…
UK supports right for women to access safe, legal abortions, says PM’s spokesman
LONDON (Reuters) – Britain supports the right for women to have access to safe and legal abortions, a spokesman for Prime Minister Boris Johnson said on Tuesday, after being asked about the possible move by the U.S. Supreme Court to overturn a decision…
Italy’s Amplifon confirms 2022 guidance
(Reuters) – Italian hearing aid maker Amplifon confirmed its 2022 guidance on Tuesday, flagging that the outlook does not include any significant negative economic impact that may result from the war in Ukraine. The group noted that it has no direct bu…
UK government has no plans to introduce energy windfall tax, says PM’s spokesman
LONDON (Reuters) – Britain’s government has no plans to change its opposition to introducing a windfall tax on energy firms to help people facing surging fuel prices because it might hurt investment, a spokesman for Prime Minister Boris Johnson said on…
DSM’s Q1 core profit up 10% on strong demand despite higher prices
AMSTERDAM (Reuters) – Dutch specialty chemicals maker DSM on Tuesday beat analyst expectations with a 10% jump in first-quarter core profit to 487 million euros ($511 million), as demand for its food ingredients and materials remained strong despite el…