By Foo Yun Chee BRUSSELS (Reuters) – A European court will decide on July 13 whether U.S. life sciences company Illumina’s $8 billion cash-and-stock takeover of Grail should be scrutinised by EU antitrust regulators, people familiar with the matter sai…
Budweiser brewer AB InBev ‘off track’ on non-alcoholic and low-alcohol beer goal
By Jessica DiNapoli and Philip Blenkinsop DAVOS, Switzerland (Reuters) -Budweiser brewer AB InBev is “off track” in reaching its goal of making 20% of its beer volume non-alcoholic and low-alcohol by 2025, its chief sustainability officer Ezgi Barcenas…
British Virgin Islands ex-premier Fahie pleads not guilty to drug charges
By Brian Ellsworth MIAMI (Reuters) – Former British Virgin Islands Premier Andrew Fahie pleaded not guilty to charges of conspiring to launder money and import cocaine to the United States, his attorney said on Wednesday, following his arrest in Miami….
UK orders national security assessment of sale of microchip factory to China’s Nexperia
LONDON (Reuters) -The acquisition of Britain’s biggest microchip factory Newport Wafer Fab by Chinese-owned technology company Nexperia has been called in for a full national security assessment, Business Secretary Kwasi Kwarteng said on Wednesday. “We…
British regulator poised to approve Shell North Sea gas project -sources
By Ron Bousso LONDON (Reuters) -A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on environmental grounds, three sources told Reuters. Shell releas…
Drunkenness, vomiting and a scuffle at UK government lockdown parties
By Andrew MacAskill and William James LONDON (Reuters) -A scuffle broke out, one attendee was sick and excessive amounts of alcohol were consumed when workers at Downing Street held a party in the middle of Britain’s coronavirus crisis as the rest of t…
UK PM Johnson: Many details of government lockdown breaches were news to me
LONDON (Reuters) – British Prime Minister Boris Johnson said he was not aware of many of the findings within a critical internal report published on Wednesday which gave graphic details of drunken rule-breaking gatherings in his government offices duri…
UK PM Johnson promises action to tackle cost of living crisis
LONDON (Reuters) – British Prime Minister Boris Johnson on Wednesday again pledged action to help tackle the cost of living crisis, without giving specifics on what his government was going to do to ease pressure on household finances. “We’re going to …
French retailer Auchan does not plan to change its Russia strategy
(Reuters) – French retailer Auchan does not plan to change its strategy in Russia or the structure of its local operations, the Russian branch of the privately owned company told Reuters in emailed comments on Wednesday. Auchan Russia was responding to…
BlackRock CEO Fink says clients must decide how to navigate energy transition
(Reuters) – BlackRock Inc Chief Executive Laurence Fink on Wednesday said clients must decide for themselves how to navigate the energy transition. Speaking at the company’s annual shareholder meeting, which was webcast, Fink reiterated that the larges…