AMSTERDAM, Feb 23 (Reuters) – Core profits at the Port of Rotterdam rose 6.1% last year despite a slight decline in cargo turnover, it said on Thursday as Russian coal, LNG and oil were replaced by other energy sources. Europe’s largest port said throughput fell 0.3% to 467.4 million tons, but earnings before interest, taxes, … Read more
BERLIN, Feb 22 (Reuters) – Germany is unlikely to face gas shortages this winter and should stop converting floating liquefied natural gas (LNG) terminals to fixed terminals, according to a study by the economics institute DIW published by Reuters. Wednesday. In the most likely scenario, Germany will have sufficient stocks of around 87 billion cubic … Read more
NEW DELHI, 22 Feb. (Reuters) – Pernod Ricard (PERP.PA) India’s chief executive, imprisoned since November in connection with an investigation into alleged violations of the liquor policy, asked for bail at a New Delhi City High Court hearing on Wednesday. Benoy Babu, head of international brands at Pernod India, was arrested on November 11 as … Read more
Interim dividend of AUD 46 per share HY Profit Rises On Strong Sales, Beating Expectations Cost inflation higher than recent history Shares up 2% SYDNEY, 22 Feb. (Reuters) – Australia’s largest grocer Woolworths Group Ltd. (WOW.AX) said the inflation-driven ditching of eating out helped boost sales, boosting the company’s stock after its half-year earnings beat … Read more
Interim dividend of AUD 46 per share HY Profit Rises On Strong Sales, Beating Expectations Cost inflation higher than recent history Shares up 2% SYDNEY, 22 Feb. (Reuters) – Australia’s largest grocer Woolworths Group Ltd. (WOW.AX) said the inflation-driven ditching of eating out helped boost sales, boosting the company’s stock after its half-year earnings beat … Read more
SEOUL, Feb 22 (Reuters) – North Korea’s official newspaper said on Wednesday that relying on foreign aid to tackle food shortages would be tantamount to accepting “poisoned candy”, calling for economic self-sufficiency despite worsening hardship amid sanctions and lockdowns due to for the coronavirus. In recent years, the isolated country has suffered from food shortages … Read more
Feb 22 (Reuters) – Australia’s Origin Energy Ltd. (ORG.AX) said on Wednesday that the Brookfield-led consortium cut its takeover bid from A9 to A$8.90 per share, valuing the company at A$15.33 billion ($10.50 billion). The previous offer was submitted in November at a higher Origin price of A$15.5 billion. The parties did not specify the … Read more
Feb 22 (Reuters) – Australia’s Origin Energy Ltd. (ORG.AX) said on Wednesday that the Brookfield-led consortium cut its takeover bid from A9 to A$8.90 per share, valuing the company at A$15.33 billion ($10.50 billion). The previous offer was submitted in November at a higher Origin price of A$15.5 billion. The parties did not specify the … Read more
FRANKFURT, Feb 21 (Reuters) – Germany has identified three key measures, including financial support to develop energy transition technologies while boosting clean energy production and transmission, Economics Minister Robert Habeck said on Tuesday. “We have to strengthen the renewable energy production capacity in Germany and Europe,” he said at a press conference. Habek said the … Read more
SINGAPORE, Feb 21 (Reuters) – Chinese utilities and traders increased purchases of Australian coal in February, encouraged by signs of further policy easing after a partial resumption of trade last month after a two-year hiatus. In early January, Beijing gave permission to four state-backed firms, including steel giant Baowu Group and three state-owned utilities, to … Read more