Economic news and events

Gazprom to stop gas supplies for Denmark and Shell Energy Europe

Russian state-owned energy company Gazprom will no longer supply Shell Energy Europe or Danish provider Orsted AS with gas as of Wednesday.

Orsted and Shell...

Tue, 31/05/2022 - 17:32

Tui cancels nearly 200 UK flights as travel chaos worsens

Tui AG subsidiary Tui Airways Ltd has cancelled nearly 200 flights due to serve Manchester Airport between now and the end of June as the...

Tue, 31/05/2022 - 15:52

TOP NEWS SUMMARY: Eurozone inflation hits 8.1% before Russian oil ban

The following is a summary of top news stories Tuesday.

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COMPANIES

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GSK said it has agreed to buy Affinivax for up to $3.3...

Tue, 31/05/2022 - 11:18

UK mortgage approvals in April come in below market expectations

Mortgage approvals in the UK slipped by 5.0% in April from the month before, the Bank of England said on Tuesday.

Approvals for house...

Tue, 31/05/2022 - 10:33

UK PM Johnson faces growing risk of confidence vote by Tory MPs

UK Prime Minister Boris Johnson is facing increasing hostility from his own members of Parliament, with Tory whips said to be discussing how to fight...

Tue, 31/05/2022 - 08:46

LONDON BRIEFING: GSK expands in vaccines ahead of consumer split

GSK on Tuesday said it has agreed to pay $2.1 billion upfront, with potentially a further $1.2 billion coming, to acquire Boston, Massachusetts-based Affinivax.

Affinivax...

Tue, 31/05/2022 - 08:27

TOP NEWS SUMMARY: EU tries to get agreement for Russia oil embargo

The following is a summary of top news stories Monday.

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COMPANIES

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UK housebuilder Countryside Partnerships has turned away a second approach in two...

Mon, 30/05/2022 - 11:16

LONDON BRIEFING: Sorrell says digital marketing to beat soft economy

Advertising firm S4 Capital on Monday said its revenue jumped in the first quarter and was ahead of its guidance to the market.

‘Momentum has...

Mon, 30/05/2022 - 08:30

Shell questions lack of windfall tax relief for green investments

Oil major Shell PLC has questioned the UK government's decision not to allow its green investment to count towards the tax relief it will get...

Fri, 27/05/2022 - 16:37

UK PM believes he can survive after ‘vintage’ answers to 'partygate'

UK Prime Minister Boris Johnson on Friday insisted he will survive fresh Conservative calls for his resignation, as he batted away 'partygate' questions by saying...

Fri, 27/05/2022 - 13:24

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