(Reuters) – French construction company Eiffage on Monday said it won two major contracts to equip Orsted’s Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in off the German coast. “The wind farms will produce electricity equivalent to the consu…
Enel looking for partner to take 50% of Gridspertise unit
MILAN (Reuters) – Italy’s Enel is looking for a partner willing to take 50% of its grid services unit Gridspertise, the head of global infrastructure and networks Antonio Cammisecra said on Monday. Cammisecra also said that the Italian utility would li…
Britain’s Tesco steps up support for struggling pig industry
LONDON (Reuters) – Tesco, Britain’s biggest supermarket group, has secured an additional 6.6 million pounds ($8.1 million) of support for the country’s struggling pig industry, it said on Monday. Earlier this month, Tesco was singled out by trade body,…
Sweden’s plans for NATO membership hit snag as Turkey says no
By Johan Ahlander and Simon Johnson STOCKHOLM (Reuters) -Sweden will formally apply for NATO membership in the next few days, Prime Minister Magdalena Andersson said on Monday, but its accession process, and that of Finland, hit a snag when NATO member…
UK PM Johnson says legislative ‘insurance’ needed on Northern Ireland
By Amanda Ferguson BELFAST, Northern Ireland (Reuters) -British Prime Minister Boris Johnson said on Monday the government needed an “insurance” option to unilaterally scrap post-Brexit trade rules for Northern Ireland, raising the risk of a trade war …
BoE faces historic test but not to blame for inflation, Bailey says
By David Milliken and Farouq Suleiman LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Monday that the current surge in inflation was the central bank’s biggest challenge since it gained independence in 1997, but denied that policymaker…
Rainstorms in France give some relief to cereals but not enough
PARIS (Reuters) -Rain in large parts of France overnight provided some relief but not enough for cereals suffering a prolonged drought, the head of the France’s largest farm union said on Monday. Dry weather in France, the European Union’s biggest grai…
Aircraft lessor SMBC to buy rival Goshawk in $6.7 billion deal
(Reuters) – Aircraft lessor SMBC Aviation Capital said on Monday it had reached an agreement to buy rival Dublin-based Goshawk Aviation for $6.7 billion in enterprise value. (Reporting by Aishwarya Nair in Bengaluru; Editing by Vinay Dwivedi)
Biden sends top-tier team to UAE with eye on frayed ties
By Humeyra Pamuk ABU DHABI (Reuters) -President Joe Biden sent a high-powered U.S. delegation to the United Arab Emirates on Monday to offer condolences after the death of its ruler, in an apparent bid to repair frayed ties with Gulf Arab allies. Washi…
Italy’s Saras rises as high refining margins drive strong Q1 results
(Reuters) – Italian refiner Saras said on Monday its first-quarter comparable core earnings swung to a profit helped by surging oil prices and diesel refining margins, driving shares up 7.3%. The group reported comparable adjusted earnings before inter…